QUICKSTEP HLDGS (Germany) Market Value
| QIS Stock | EUR 0.22 0.00 0.00% |
| Symbol | QUICKSTEP |
QUICKSTEP HLDGS '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 QUICKSTEP HLDGS'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 QUICKSTEP HLDGS.
| 01/31/2024 |
| 11/26/2024 |
If you would invest 0.00 in QUICKSTEP HLDGS on January 31, 2024 and sell it all today you would earn a total of 0.00 from holding QUICKSTEP HLDGS or generate 0.0% return on investment in QUICKSTEP HLDGS over 300 days. QUICKSTEP HLDGS is related to or competes with Apple, Apple, Apple, Apple, Apple, Microsoft, and Microsoft. More
QUICKSTEP HLDGS 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 QUICKSTEP HLDGS'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 QUICKSTEP HLDGS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.17 | |||
| Information Ratio | 0.0791 | |||
| Maximum Drawdown | 90.91 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 9.09 |
QUICKSTEP HLDGS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for QUICKSTEP HLDGS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as QUICKSTEP HLDGS's standard deviation. In reality, there are many statistical measures that can use QUICKSTEP HLDGS historical prices to predict the future QUICKSTEP HLDGS's volatility.| Risk Adjusted Performance | 0.0779 | |||
| Jensen Alpha | 0.8922 | |||
| Total Risk Alpha | (0.81) | |||
| Sortino Ratio | 0.1186 | |||
| Treynor Ratio | 0.6593 |
QUICKSTEP HLDGS Backtested Returns
QUICKSTEP HLDGS is out of control given 3 months investment horizon. QUICKSTEP HLDGS maintains Sharpe Ratio (i.e., Efficiency) of 0.0997, which implies the firm had a 0.0997% return per unit of volatility over the last 3 months. We are able to interpolate and collect twenty-four different technical indicators, which can help you to evaluate if expected returns of 1.24% are justified by taking the suggested risk. Use QUICKSTEP HLDGS semi deviation of 3.95, and Risk Adjusted Performance of 0.0779 to evaluate company specific risk that cannot be diversified away. QUICKSTEP HLDGS holds a performance score of 7 on a scale of zero to a hundred. The company holds a Beta of 1.65, 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, QUICKSTEP HLDGS will likely underperform. Use QUICKSTEP HLDGS total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to analyze future returns on QUICKSTEP HLDGS.
Auto-correlation | -0.05 |
Very weak reverse predictability
QUICKSTEP HLDGS has very weak reverse predictability. Overlapping area represents the amount of predictability between QUICKSTEP HLDGS time series from 31st of January 2024 to 29th of June 2024 and 29th of June 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 QUICKSTEP HLDGS price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current QUICKSTEP HLDGS price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
QUICKSTEP HLDGS lagged returns against current returns
Autocorrelation, which is QUICKSTEP HLDGS 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 QUICKSTEP HLDGS's stock expected returns. We can calculate the autocorrelation of QUICKSTEP HLDGS returns to help us make a trade decision. For example, suppose you find that QUICKSTEP HLDGS 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 |
QUICKSTEP HLDGS 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 QUICKSTEP HLDGS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if QUICKSTEP HLDGS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in QUICKSTEP HLDGS stock over time.
Current vs Lagged Prices |
| Timeline |
QUICKSTEP HLDGS Lagged Returns
When evaluating QUICKSTEP HLDGS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of QUICKSTEP HLDGS stock have on its future price. QUICKSTEP HLDGS 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, QUICKSTEP HLDGS autocorrelation shows the relationship between QUICKSTEP HLDGS stock current value and its past values and can show if there is a momentum factor associated with investing in QUICKSTEP HLDGS.
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 QUICKSTEP Stock
QUICKSTEP HLDGS financial ratios help investors to determine whether QUICKSTEP 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 QUICKSTEP with respect to the benefits of owning QUICKSTEP HLDGS security.