Quantified Alternative Investment Fund Market Value

QALAX Fund  USD 9.41  0.06  0.64%   
Quantified Alternative's market value is the price at which a share of Quantified Alternative trades on a public exchange. It measures the collective expectations of Quantified Alternative Investment investors about its performance. Quantified Alternative is trading at 9.41 as of the 24th of November 2024; that is 0.64 percent up since the beginning of the trading day. The fund's open price was 9.35.
With this module, you can estimate the performance of a buy and hold strategy of Quantified Alternative Investment and determine expected loss or profit from investing in Quantified Alternative over a given investment horizon. Check out Quantified Alternative Correlation, Quantified Alternative Volatility and Quantified Alternative Alpha and Beta module to complement your research on Quantified Alternative.
Symbol

Please note, there is a significant difference between Quantified Alternative's value and its price as these two are different measures arrived at by different means. Investors typically determine if Quantified Alternative is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Quantified Alternative'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.

Quantified Alternative '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 Quantified Alternative's mutual 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 Quantified Alternative.
0.00
11/30/2023
No Change 0.00  0.0 
In 11 months and 27 days
11/24/2024
0.00
If you would invest  0.00  in Quantified Alternative on November 30, 2023 and sell it all today you would earn a total of 0.00 from holding Quantified Alternative Investment or generate 0.0% return on investment in Quantified Alternative over 360 days. Quantified Alternative is related to or competes with Spectrum Advisors, Ontrack Core, Ontrack Core, Spectrum Unconstrained, Quantified Market, Quantified Market, and Spectrum Low. The fund will primarily invest indirectly in alternative investments by using exchange-traded funds , open-end mutual fu... More

Quantified Alternative 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 Quantified Alternative's mutual 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 Quantified Alternative Investment upside and downside potential and time the market with a certain degree of confidence.

Quantified Alternative Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Quantified Alternative's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Quantified Alternative's standard deviation. In reality, there are many statistical measures that can use Quantified Alternative historical prices to predict the future Quantified Alternative's volatility.
Hype
Prediction
LowEstimatedHigh
8.989.419.84
Details
Intrinsic
Valuation
LowRealHigh
8.969.399.82
Details
Naive
Forecast
LowNextHigh
8.989.419.83
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.419.419.41
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Quantified Alternative. Your research has to be compared to or analyzed against Quantified Alternative's peers to derive any actionable benefits. When done correctly, Quantified Alternative's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Quantified Alternative.

Quantified Alternative Backtested Returns

At this stage we consider Quantified Mutual Fund to be very steady. Quantified Alternative maintains Sharpe Ratio (i.e., Efficiency) of 0.0059, which implies the entity had a 0.0059% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Quantified Alternative, which you can use to evaluate the volatility of the fund. Please check Quantified Alternative's Semi Deviation of 0.3348, risk adjusted performance of 0.014, and Coefficient Of Variation of 3530.13 to confirm if the risk estimate we provide is consistent with the expected return of 0.0025%. The fund holds a Beta of 0.33, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Quantified Alternative's returns are expected to increase less than the market. However, during the bear market, the loss of holding Quantified Alternative is expected to be smaller as well.

Auto-correlation

    
  -0.27  

Weak reverse predictability

Quantified Alternative Investment has weak reverse predictability. Overlapping area represents the amount of predictability between Quantified Alternative time series from 30th of November 2023 to 28th of May 2024 and 28th of May 2024 to 24th 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 Quantified Alternative price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current Quantified Alternative price fluctuation can be explain by its past prices.
Correlation Coefficient-0.27
Spearman Rank Test-0.19
Residual Average0.0
Price Variance0.01

Quantified Alternative lagged returns against current returns

Autocorrelation, which is Quantified Alternative mutual 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 Quantified Alternative's mutual fund expected returns. We can calculate the autocorrelation of Quantified Alternative returns to help us make a trade decision. For example, suppose you find that Quantified Alternative has exhibited high autocorrelation historically, and you observe that the mutual 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  

Quantified Alternative 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 Quantified Alternative mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Quantified Alternative mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Quantified Alternative mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Quantified Alternative Lagged Returns

When evaluating Quantified Alternative's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Quantified Alternative mutual fund have on its future price. Quantified Alternative 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, Quantified Alternative autocorrelation shows the relationship between Quantified Alternative mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Quantified Alternative Investment.
   Regressed Prices   
       Timeline  

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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 Quantified Mutual Fund

Quantified Alternative financial ratios help investors to determine whether Quantified Mutual Fund 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 Quantified with respect to the benefits of owning Quantified Alternative security.
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