Quick Heal (India) Market Value
| QUICKHEAL | 546.50 5.85 1.08% |
| Symbol | Quick |
Quick Heal '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 Quick Heal'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 Quick Heal.
| 06/30/2023 |
| 01/20/2025 |
If you would invest 0.00 in Quick Heal on June 30, 2023 and sell it all today you would earn a total of 0.00 from holding Quick Heal Technologies or generate 0.0% return on investment in Quick Heal over 570 days. Quick Heal is related to or competes with Tata Steel, Cartrade Tech, Visa Steel, S P, Spencers Retail, Credo Brands, and SAL Steel. More
Quick Heal 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 Quick Heal'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 Quick Heal Technologies upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 14.29 | |||
| Value At Risk | (4.10) | |||
| Potential Upside | 4.17 |
Quick Heal Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Quick Heal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Quick Heal's standard deviation. In reality, there are many statistical measures that can use Quick Heal historical prices to predict the future Quick Heal's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | (0.49) |
Quick Heal Technologies Backtested Returns
Quick Heal Technologies maintains Sharpe Ratio (i.e., Efficiency) of -0.0768, which implies the firm had a -0.0768 % return per unit of risk over the last 3 months. Quick Heal Technologies exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Quick Heal's Risk Adjusted Performance of (0.06), coefficient of variation of (1,302), and Variance of 6.43 to confirm the risk estimate we provide. The company holds a Beta of 0.42, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Quick Heal's returns are expected to increase less than the market. However, during the bear market, the loss of holding Quick Heal is expected to be smaller as well. At this point, Quick Heal Technologies has a negative expected return of -0.19%. Please make sure to check Quick Heal's value at risk, as well as the relationship between the accumulation distribution and day typical price , to decide if Quick Heal Technologies performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.70 |
Good predictability
Quick Heal Technologies has good predictability. Overlapping area represents the amount of predictability between Quick Heal time series from 30th of June 2023 to 10th of April 2024 and 10th of April 2024 to 20th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Quick Heal Technologies price movement. The serial correlation of 0.7 indicates that around 70.0% of current Quick Heal price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.7 | |
| Spearman Rank Test | 0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 7958.84 |
Quick Heal Technologies lagged returns against current returns
Autocorrelation, which is Quick Heal 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 Quick Heal's stock expected returns. We can calculate the autocorrelation of Quick Heal returns to help us make a trade decision. For example, suppose you find that Quick Heal 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 |
Quick Heal 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 Quick Heal stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Quick Heal stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Quick Heal stock over time.
Current vs Lagged Prices |
| Timeline |
Quick Heal Lagged Returns
When evaluating Quick Heal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Quick Heal stock have on its future price. Quick Heal 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, Quick Heal autocorrelation shows the relationship between Quick Heal stock current value and its past values and can show if there is a momentum factor associated with investing in Quick Heal Technologies.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Quick Stock
Quick Heal financial ratios help investors to determine whether Quick 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 Quick with respect to the benefits of owning Quick Heal security.