Questerre Energy Stock Market Value
| QEC Stock | CAD 0.24 0.01 4.00% |
| Symbol | Questerre |
Questerre Energy Price To Book Ratio
Questerre Energy '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 Questerre Energy'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 Questerre Energy.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Questerre Energy on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Questerre Energy or generate 0.0% return on investment in Questerre Energy over 30 days. Questerre Energy is related to or competes with Petrus Resources. Questerre Energy Corporation acquires, explores, and develops non-conventional oil and gas projects in Canada More
Questerre Energy 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 Questerre Energy'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 Questerre Energy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.63 | |||
| Information Ratio | 0.027 | |||
| Maximum Drawdown | 33.5 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 10.71 |
Questerre Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Questerre Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Questerre Energy's standard deviation. In reality, there are many statistical measures that can use Questerre Energy historical prices to predict the future Questerre Energy's volatility.| Risk Adjusted Performance | 0.0462 | |||
| Jensen Alpha | 0.5846 | |||
| Total Risk Alpha | (0.63) | |||
| Sortino Ratio | 0.0238 | |||
| Treynor Ratio | (0.11) |
Questerre Energy Backtested Returns
As of now, Questerre Stock is out of control. Questerre Energy maintains Sharpe Ratio (i.e., Efficiency) of 0.0278, which implies the firm had a 0.0278% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Questerre Energy, which you can use to evaluate the volatility of the company. Please check Questerre Energy's Semi Deviation of 3.68, coefficient of variation of 2038.08, and Risk Adjusted Performance of 0.0462 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%. Questerre Energy has a performance score of 2 on a scale of 0 to 100. The company holds a Beta of -2.6, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Questerre Energy are expected to decrease by larger amounts. On the other hand, during market turmoil, Questerre Energy is expected to outperform it. Questerre Energy right now holds a risk of 5.93%. Please check Questerre Energy information ratio, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance , to decide if Questerre Energy will be following its historical price patterns.
Auto-correlation | -0.12 |
Insignificant reverse predictability
Questerre Energy has insignificant reverse predictability. Overlapping area represents the amount of predictability between Questerre Energy time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 Questerre Energy price movement. The serial correlation of -0.12 indicates that less than 12.0% of current Questerre Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Questerre Energy lagged returns against current returns
Autocorrelation, which is Questerre Energy 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 Questerre Energy's stock expected returns. We can calculate the autocorrelation of Questerre Energy returns to help us make a trade decision. For example, suppose you find that Questerre Energy 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 |
Questerre Energy 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 Questerre Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Questerre Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Questerre Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Questerre Energy Lagged Returns
When evaluating Questerre Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Questerre Energy stock have on its future price. Questerre Energy 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, Questerre Energy autocorrelation shows the relationship between Questerre Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Questerre Energy.
Regressed Prices |
| Timeline |
Other Information on Investing in Questerre Stock
Questerre Energy financial ratios help investors to determine whether Questerre 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 Questerre with respect to the benefits of owning Questerre Energy security.