Nbi Quebec Growth Fund Market Value
| NBQC Fund | 10.70 0.21 2.00% |
| Symbol | NBI |
NBI Quebec '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 NBI Quebec's fund 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 NBI Quebec.
| 12/09/2025 |
| 01/08/2026 |
If you would invest 0.00 in NBI Quebec on December 9, 2025 and sell it all today you would earn a total of 0.00 from holding NBI Quebec Growth or generate 0.0% return on investment in NBI Quebec over 30 days.
NBI Quebec 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 NBI Quebec's fund 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 NBI Quebec Growth upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9348 | |||
| Information Ratio | 0.06 | |||
| Maximum Drawdown | 4.28 | |||
| Value At Risk | (1.11) | |||
| Potential Upside | 1.75 |
NBI Quebec Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NBI Quebec's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NBI Quebec's standard deviation. In reality, there are many statistical measures that can use NBI Quebec historical prices to predict the future NBI Quebec's volatility.| Risk Adjusted Performance | 0.1082 | |||
| Jensen Alpha | 0.1197 | |||
| Total Risk Alpha | 0.041 | |||
| Sortino Ratio | 0.0563 | |||
| Treynor Ratio | (2.11) |
NBI Quebec Growth Backtested Returns
As of now, NBI Fund is very steady. NBI Quebec Growth has Sharpe Ratio of 0.16, which conveys that the fund had a 0.16 % return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for NBI Quebec, which you can use to evaluate the volatility of the entity. Please verify NBI Quebec's Market Risk Adjusted Performance of (2.10), downside deviation of 0.9348, and Mean Deviation of 0.6515 to check out if the risk estimate we provide is consistent with the expected return of 0.14%. The entity secures a Beta (Market Risk) of -0.0552, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning NBI Quebec are expected to decrease at a much lower rate. During the bear market, NBI Quebec is likely to outperform the market.
Auto-correlation | 0.49 |
Average predictability
NBI Quebec Growth has average predictability. Overlapping area represents the amount of predictability between NBI Quebec time series from 9th of December 2025 to 24th of December 2025 and 24th of December 2025 to 8th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of NBI Quebec Growth price movement. The serial correlation of 0.49 indicates that about 49.0% of current NBI Quebec price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
NBI Quebec Growth lagged returns against current returns
Autocorrelation, which is NBI Quebec fund'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 NBI Quebec's fund expected returns. We can calculate the autocorrelation of NBI Quebec returns to help us make a trade decision. For example, suppose you find that NBI Quebec has exhibited high autocorrelation historically, and you observe that the fund 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 |
NBI Quebec 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 NBI Quebec fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NBI Quebec fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NBI Quebec fund over time.
Current vs Lagged Prices |
| Timeline |
NBI Quebec Lagged Returns
When evaluating NBI Quebec's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NBI Quebec fund have on its future price. NBI Quebec 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, NBI Quebec autocorrelation shows the relationship between NBI Quebec fund current value and its past values and can show if there is a momentum factor associated with investing in NBI Quebec Growth.
Regressed Prices |
| Timeline |
Pair Trading with NBI Quebec
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NBI Quebec position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NBI Quebec will appreciate offsetting losses from the drop in the long position's value.Moving together with NBI Fund
| 0.77 | 0P000072KJ | RBC Canadian Dividend | PairCorr |
| 0.61 | 0P00007069 | RBC Portefeuille | PairCorr |
The ability to find closely correlated positions to NBI Quebec could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NBI Quebec when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NBI Quebec - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NBI Quebec Growth to buy it.
The correlation of NBI Quebec is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NBI Quebec moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NBI Quebec Growth moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for NBI Quebec can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
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