QTELQD 2625 08 APR 31 Market Value
| 74735KAA0 | 89.54 0.00 0.00% |
| Symbol | QTELQD |
Please note, there is a significant difference between QTELQD's value and its price as these two are different measures arrived at by different means. Investors typically determine if QTELQD is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, QTELQD's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
QTELQD '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 QTELQD's bond 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 QTELQD.
| 12/11/2024 |
| 01/10/2025 |
If you would invest 0.00 in QTELQD on December 11, 2024 and sell it all today you would earn a total of 0.00 from holding QTELQD 2625 08 APR 31 or generate 0.0% return on investment in QTELQD over 30 days. QTELQD is related to or competes with National Vision, NetEase, Flutter Entertainment, and BRP. More
QTELQD 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 QTELQD's bond 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 QTELQD 2625 08 APR 31 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.13 | |||
| Information Ratio | 0.0383 | |||
| Maximum Drawdown | 8.14 | |||
| Value At Risk | (1.93) | |||
| Potential Upside | 2.47 |
QTELQD Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for QTELQD's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as QTELQD's standard deviation. In reality, there are many statistical measures that can use QTELQD historical prices to predict the future QTELQD's volatility.| Risk Adjusted Performance | 0.0507 | |||
| Jensen Alpha | 0.0701 | |||
| Total Risk Alpha | 0.04 | |||
| Sortino Ratio | 0.0464 | |||
| Treynor Ratio | 17.98 |
QTELQD 2625 08 Backtested Returns
At this point, QTELQD is very steady. QTELQD 2625 08 maintains Sharpe Ratio (i.e., Efficiency) of 0.007, which implies the entity had a 0.007% return per unit of volatility over the last 3 months. We have found twenty-five technical indicators for QTELQD 2625 08, which you can use to evaluate the volatility of the bond. Please check QTELQD's risk adjusted performance of 0.0507, and Semi Deviation of 1.01 to confirm if the risk estimate we provide is consistent with the expected return of 0.0108%. The bond holds a Beta of 0.0039, which implies not very significant fluctuations relative to the market. As returns on the market increase, QTELQD's returns are expected to increase less than the market. However, during the bear market, the loss of holding QTELQD is expected to be smaller as well.
Auto-correlation | -92,233,720,368,547,760 |
Near perfect reversele predictability
QTELQD 2625 08 APR 31 has near perfect reversele predictability. Overlapping area represents the amount of predictability between QTELQD time series from 11th of December 2024 to 26th of December 2024 and 26th of December 2024 to 10th 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 QTELQD 2625 08 price movement. The serial correlation of -9.223372036854776E16 indicates that 9.223372036854776E16% of current QTELQD price fluctuation can be explain by its past prices.
| Correlation Coefficient | -92233.7 T | |
| Spearman Rank Test | -1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
QTELQD 2625 08 lagged returns against current returns
Autocorrelation, which is QTELQD bond'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 QTELQD's bond expected returns. We can calculate the autocorrelation of QTELQD returns to help us make a trade decision. For example, suppose you find that QTELQD has exhibited high autocorrelation historically, and you observe that the bond 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 |
QTELQD 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 QTELQD bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if QTELQD bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in QTELQD bond over time.
Current vs Lagged Prices |
| Timeline |
QTELQD Lagged Returns
When evaluating QTELQD's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of QTELQD bond have on its future price. QTELQD 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, QTELQD autocorrelation shows the relationship between QTELQD bond current value and its past values and can show if there is a momentum factor associated with investing in QTELQD 2625 08 APR 31.
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.| BTC | Bitcoin | |
| TRX | TRON | |
| BNB | Binance Coin |
Other Information on Investing in QTELQD Bond
QTELQD financial ratios help investors to determine whether QTELQD Bond 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 QTELQD with respect to the benefits of owning QTELQD security.