Quantum Foods (South Africa) Market Value
| QFH Stock | 850.00 18.00 2.16% |
| Symbol | Quantum |
Quantum Foods '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 Foods' 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 Foods.
| 05/07/2023 |
| 11/27/2024 |
If you would invest 0.00 in Quantum Foods on May 7, 2023 and sell it all today you would earn a total of 0.00 from holding Quantum Foods Holdings or generate 0.0% return on investment in Quantum Foods over 570 days. Quantum Foods is related to or competes with Growthpoint Properties, Bowler Metcalf, Shoprite Holdings, Dis Chem, Impala Platinum, Kap Industrial, and Anglo American. More
Quantum Foods 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 Foods' 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 Foods Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.52 | |||
| Information Ratio | 0.0262 | |||
| Maximum Drawdown | 89.25 | |||
| Value At Risk | (11.76) | |||
| Potential Upside | 7.09 |
Quantum Foods Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Quantum Foods' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Quantum Foods' standard deviation. In reality, there are many statistical measures that can use Quantum Foods historical prices to predict the future Quantum Foods' volatility.| Risk Adjusted Performance | 0.0394 | |||
| Jensen Alpha | 0.2168 | |||
| Total Risk Alpha | (1.13) | |||
| Sortino Ratio | 0.0241 | |||
| Treynor Ratio | 0.284 |
Quantum Foods Holdings Backtested Returns
Quantum Foods appears to be very steady, given 3 months investment horizon. Quantum Foods Holdings maintains Sharpe Ratio (i.e., Efficiency) of 0.0436, which implies the firm had a 0.0436% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Quantum Foods Holdings, which you can use to evaluate the volatility of the company. Please evaluate Quantum Foods' Risk Adjusted Performance of 0.0394, semi deviation of 5.84, and Coefficient Of Variation of 2533.68 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Quantum Foods holds a performance score of 3. The company holds a Beta of 1.31, which implies 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, Quantum Foods will likely underperform. Please check Quantum Foods' total risk alpha, value at risk, and the relationship between the standard deviation and treynor ratio , to make a quick decision on whether Quantum Foods' historical price patterns will revert.
Auto-correlation | 0.36 |
Below average predictability
Quantum Foods Holdings has below average predictability. Overlapping area represents the amount of predictability between Quantum Foods time series from 7th of May 2023 to 16th of February 2024 and 16th of February 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 Quantum Foods Holdings price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Quantum Foods price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 117.9 K |
Quantum Foods Holdings lagged returns against current returns
Autocorrelation, which is Quantum Foods 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 Foods' stock expected returns. We can calculate the autocorrelation of Quantum Foods returns to help us make a trade decision. For example, suppose you find that Quantum Foods 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 Foods 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 Foods stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Quantum Foods stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Quantum Foods stock over time.
Current vs Lagged Prices |
| Timeline |
Quantum Foods Lagged Returns
When evaluating Quantum Foods' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Quantum Foods stock have on its future price. Quantum Foods 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 Foods autocorrelation shows the relationship between Quantum Foods stock current value and its past values and can show if there is a momentum factor associated with investing in Quantum Foods Holdings.
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 Quantum Stock
Quantum Foods 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 Foods security.