QTC Energy (Thailand) Market Value
| QTC Stock | THB 3.86 0.12 3.21% |
| Symbol | QTC |
QTC Energy 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to QTC Energy's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of QTC Energy.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in QTC Energy on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding QTC Energy Public or generate 0.0% return on investment in QTC Energy over 30 days. QTC Energy is related to or competes with Southern Concrete, Star Petroleum, Qualitech Public, Quality Construction, and Siamgas. QTC Energy Public Company Limited manufactures and sells electric transformers in Thailand and internationally More
QTC Energy Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure QTC Energy's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess QTC Energy Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 5.68 | |||
| Value At Risk | (2.11) | |||
| Potential Upside | 2.15 |
QTC Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for QTC Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as QTC Energy's standard deviation. In reality, there are many statistical measures that can use QTC Energy historical prices to predict the future QTC Energy's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.56) |
QTC Energy Public Backtested Returns
QTC Energy Public retains Efficiency (Sharpe Ratio) of -0.0143, which implies the firm had a -0.0143% return per unit of risk over the last 3 months. QTC Energy exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check QTC Energy's market risk adjusted performance of (0.55), and Coefficient Of Variation of (13,550) to confirm the risk estimate we provide. The company owns a Beta (Systematic Risk) of 0.0332, which implies not very significant fluctuations relative to the market. As returns on the market increase, QTC Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding QTC Energy is expected to be smaller as well. At this point, QTC Energy Public has a negative expected return of -0.0173%. Please make sure to check QTC Energy's coefficient of variation, jensen alpha, treynor ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if QTC Energy Public performance from the past will be repeated at future time.
Auto-correlation | -0.55 |
Good reverse predictability
QTC Energy Public has good reverse predictability. Overlapping area represents the amount of predictability between QTC Energy time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of QTC Energy Public price movement. The serial correlation of -0.55 indicates that about 55.0% of current QTC Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.55 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
QTC Energy Public lagged returns against current returns
Autocorrelation, which is QTC Energy stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting QTC Energy's stock expected returns. We can calculate the autocorrelation of QTC Energy returns to help us make a trade decision. For example, suppose you find that QTC Energy has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
QTC Energy regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If QTC Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if QTC Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in QTC Energy stock over time.
Current vs Lagged Prices |
| Timeline |
QTC Energy Lagged Returns
When evaluating QTC Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of QTC Energy stock have on its future price. QTC Energy autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, QTC Energy autocorrelation shows the relationship between QTC Energy stock current value and its past values and can show if there is a momentum factor associated with investing in QTC Energy Public.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in QTC Stock
QTC Energy financial ratios help investors to determine whether QTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in QTC with respect to the benefits of owning QTC Energy security.