Quantum Blockchain (UK) Market Value
| QBT Stock | 0.80 0.10 11.11% |
| Symbol | Quantum |
Quantum Blockchain '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 Quantum Blockchain'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 Quantum Blockchain.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Quantum Blockchain on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Quantum Blockchain Technologies or generate 0.0% return on investment in Quantum Blockchain over 510 days. Quantum Blockchain is related to or competes with Futura Medical, Medical Properties, Creo Medical, Park Hotels, Broadridge Financial, Wyndham Hotels, and Coor Service. Quantum Blockchain is entity of United Kingdom More
Quantum Blockchain 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 Quantum Blockchain'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 Quantum Blockchain Technologies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.09 | |||
| Information Ratio | 0.0946 | |||
| Maximum Drawdown | 31.15 | |||
| Value At Risk | (7.02) | |||
| Potential Upside | 11.43 |
Quantum Blockchain Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Quantum Blockchain's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Quantum Blockchain's standard deviation. In reality, there are many statistical measures that can use Quantum Blockchain historical prices to predict the future Quantum Blockchain's volatility.| Risk Adjusted Performance | 0.0981 | |||
| Jensen Alpha | 0.7984 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | 0.0769 | |||
| Treynor Ratio | (0.59) |
Quantum Blockchain Backtested Returns
Quantum Blockchain appears to be abnormally volatile, given 3 months investment horizon. Quantum Blockchain maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the firm had a 0.13% return per unit of risk over the last 3 months. By analyzing Quantum Blockchain's technical indicators, you can evaluate if the expected return of 0.73% is justified by implied risk. Please evaluate Quantum Blockchain's Coefficient Of Variation of 855.09, semi deviation of 3.74, and Risk Adjusted Performance of 0.0981 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Quantum Blockchain holds a performance score of 10. The company holds a Beta of -1.13, which implies a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Quantum Blockchain are expected to decrease slowly. On the other hand, during market turmoil, Quantum Blockchain is expected to outperform it slightly. Please check Quantum Blockchain's maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to make a quick decision on whether Quantum Blockchain's historical price patterns will revert.
Auto-correlation | -0.16 |
Insignificant reverse predictability
Quantum Blockchain Technologies has insignificant reverse predictability. Overlapping area represents the amount of predictability between Quantum Blockchain time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 Quantum Blockchain price movement. The serial correlation of -0.16 indicates that over 16.0% of current Quantum Blockchain price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.16 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Quantum Blockchain lagged returns against current returns
Autocorrelation, which is Quantum Blockchain 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 Quantum Blockchain's stock expected returns. We can calculate the autocorrelation of Quantum Blockchain returns to help us make a trade decision. For example, suppose you find that Quantum Blockchain 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 |
Quantum Blockchain 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 Quantum Blockchain stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Quantum Blockchain stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Quantum Blockchain stock over time.
Current vs Lagged Prices |
| Timeline |
Quantum Blockchain Lagged Returns
When evaluating Quantum Blockchain's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Quantum Blockchain stock have on its future price. Quantum Blockchain 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, Quantum Blockchain autocorrelation shows the relationship between Quantum Blockchain stock current value and its past values and can show if there is a momentum factor associated with investing in Quantum Blockchain Technologies.
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.Other Information on Investing in Quantum Stock
Quantum Blockchain financial ratios help investors to determine whether Quantum Stock 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 Quantum with respect to the benefits of owning Quantum Blockchain security.