Quisitive Technology Solutions Stock Market Value
| QUIS Stock | CAD 0.56 0.00 0.00% |
| Symbol | Quisitive |
Quisitive Technology Price To Book Ratio
Quisitive Technology '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 Quisitive Technology'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 Quisitive Technology.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Quisitive Technology on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Quisitive Technology Solutions or generate 0.0% return on investment in Quisitive Technology over 90 days. Quisitive Technology is related to or competes with Converge Technology, and Kraken Robotics. Quisitive Technology Solutions, Inc., through its subsidiaries, focuses on building customer-oriented information techno... More
Quisitive Technology 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 Quisitive Technology'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 Quisitive Technology Solutions upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.24 | |||
| Information Ratio | 0.1437 | |||
| Maximum Drawdown | 46.49 | |||
| Value At Risk | (1.75) | |||
| Potential Upside | 2.86 |
Quisitive Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Quisitive Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Quisitive Technology's standard deviation. In reality, there are many statistical measures that can use Quisitive Technology historical prices to predict the future Quisitive Technology's volatility.| Risk Adjusted Performance | 0.1183 | |||
| Jensen Alpha | 0.6623 | |||
| Total Risk Alpha | 1.41 | |||
| Sortino Ratio | 0.2511 | |||
| Treynor Ratio | (1.86) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Quisitive Technology's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Quisitive Technology Backtested Returns
Quisitive Technology appears to be out of control, given 3 months investment horizon. Quisitive Technology maintains Sharpe Ratio (i.e., Efficiency) of 0.15, which implies the firm had a 0.15 % return per unit of risk over the last 3 months. By analyzing Quisitive Technology's technical indicators, you can evaluate if the expected return of 0.87% is justified by implied risk. Please evaluate Quisitive Technology's Risk Adjusted Performance of 0.1183, coefficient of variation of 792.72, and Semi Deviation of 0.4388 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Quisitive Technology holds a performance score of 11. The company holds a Beta of -0.38, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Quisitive Technology are expected to decrease at a much lower rate. During the bear market, Quisitive Technology is likely to outperform the market. Please check Quisitive Technology's total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Quisitive Technology's historical price patterns will revert.
Auto-correlation | 0.24 |
Weak predictability
Quisitive Technology Solutions has weak predictability. Overlapping area represents the amount of predictability between Quisitive Technology time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 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 Quisitive Technology price movement. The serial correlation of 0.24 indicates that over 24.0% of current Quisitive Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | 0.84 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Quisitive Technology lagged returns against current returns
Autocorrelation, which is Quisitive Technology 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 Quisitive Technology's stock expected returns. We can calculate the autocorrelation of Quisitive Technology returns to help us make a trade decision. For example, suppose you find that Quisitive Technology 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 |
Quisitive Technology 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 Quisitive Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Quisitive Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Quisitive Technology stock over time.
Current vs Lagged Prices |
| Timeline |
Quisitive Technology Lagged Returns
When evaluating Quisitive Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Quisitive Technology stock have on its future price. Quisitive Technology 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, Quisitive Technology autocorrelation shows the relationship between Quisitive Technology stock current value and its past values and can show if there is a momentum factor associated with investing in Quisitive Technology Solutions.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Quisitive Stock Analysis
When running Quisitive Technology's price analysis, check to measure Quisitive Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Quisitive Technology is operating at the current time. Most of Quisitive Technology's value examination focuses on studying past and present price action to predict the probability of Quisitive Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quisitive Technology's price. Additionally, you may evaluate how the addition of Quisitive Technology to your portfolios can decrease your overall portfolio volatility.