Bioquest Corp Stock Market Value
| BQST Stock | USD 1.12 0.02 1.82% |
| Symbol | BioQuest |
BioQuest Corp '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 BioQuest Corp's pink sheet 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 BioQuest Corp.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in BioQuest Corp on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding BioQuest Corp or generate 0.0% return on investment in BioQuest Corp over 30 days. BioQuest Corp is related to or competes with Genomma Lab. BioQuest Corp. intends to acquire companies in green energy sector in the United States More
BioQuest Corp 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 BioQuest Corp's pink sheet 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 BioQuest Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 19.54 | |||
| Information Ratio | 0.1031 | |||
| Maximum Drawdown | 84.04 | |||
| Value At Risk | (15.00) | |||
| Potential Upside | 16.0 |
BioQuest Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BioQuest Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BioQuest Corp's standard deviation. In reality, there are many statistical measures that can use BioQuest Corp historical prices to predict the future BioQuest Corp's volatility.| Risk Adjusted Performance | 0.096 | |||
| Jensen Alpha | 1.07 | |||
| Total Risk Alpha | (0.58) | |||
| Sortino Ratio | 0.0676 | |||
| Treynor Ratio | 0.4675 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BioQuest Corp'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.
BioQuest Corp Backtested Returns
BioQuest Corp appears to be out of control, given 3 months investment horizon. BioQuest Corp secures Sharpe Ratio (or Efficiency) of 0.0762, which signifies that the company had a 0.0762% return per unit of risk over the last 3 months. By analyzing BioQuest Corp's technical indicators, you can evaluate if the expected return of 0.93% is justified by implied risk. Please makes use of BioQuest Corp's Mean Deviation of 5.46, downside deviation of 19.54, and Risk Adjusted Performance of 0.096 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, BioQuest Corp holds a performance score of 6. The firm shows a Beta (market volatility) of 3.09, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, BioQuest Corp will likely underperform. Please check BioQuest Corp's maximum drawdown, as well as the relationship between the skewness and day typical price , to make a quick decision on whether BioQuest Corp's price patterns will revert.
Auto-correlation | 0.49 |
Average predictability
BioQuest Corp has average predictability. Overlapping area represents the amount of predictability between BioQuest Corp time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th of November 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 BioQuest Corp price movement. The serial correlation of 0.49 indicates that about 49.0% of current BioQuest Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | 0.9 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
BioQuest Corp lagged returns against current returns
Autocorrelation, which is BioQuest Corp pink sheet'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 BioQuest Corp's pink sheet expected returns. We can calculate the autocorrelation of BioQuest Corp returns to help us make a trade decision. For example, suppose you find that BioQuest Corp has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
BioQuest Corp 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 BioQuest Corp pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BioQuest Corp pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BioQuest Corp pink sheet over time.
Current vs Lagged Prices |
| Timeline |
BioQuest Corp Lagged Returns
When evaluating BioQuest Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BioQuest Corp pink sheet have on its future price. BioQuest Corp 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, BioQuest Corp autocorrelation shows the relationship between BioQuest Corp pink sheet current value and its past values and can show if there is a momentum factor associated with investing in BioQuest Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for BioQuest Pink Sheet Analysis
When running BioQuest Corp's price analysis, check to measure BioQuest Corp'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 BioQuest Corp is operating at the current time. Most of BioQuest Corp's value examination focuses on studying past and present price action to predict the probability of BioQuest Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BioQuest Corp's price. Additionally, you may evaluate how the addition of BioQuest Corp to your portfolios can decrease your overall portfolio volatility.