Qmmm Holdings Limited Stock Market Value
| QMMM Stock | 1.11 0.15 11.90% |
| Symbol | QMMM |
QMMM Holdings Limited Price To Book Ratio
Is Advertising space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of QMMM Holdings. If investors know QMMM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about QMMM Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of QMMM Holdings Limited is measured differently than its book value, which is the value of QMMM that is recorded on the company's balance sheet. Investors also form their own opinion of QMMM Holdings' value that differs from its market value or its book value, called intrinsic value, which is QMMM Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because QMMM Holdings' market value can be influenced by many factors that don't directly affect QMMM Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between QMMM Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if QMMM Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, QMMM Holdings' 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.
QMMM Holdings '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 QMMM Holdings' 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 QMMM Holdings.
| 01/07/2024 |
| 12/02/2024 |
If you would invest 0.00 in QMMM Holdings on January 7, 2024 and sell it all today you would earn a total of 0.00 from holding QMMM Holdings Limited or generate 0.0% return on investment in QMMM Holdings over 330 days. QMMM Holdings is related to or competes with CF Industries, Sea, Stepan, Sealed Air, Mosaic, Luxfer Holdings, and Olympic Steel. QMMM Holdings is entity of United States More
QMMM Holdings 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 QMMM Holdings' 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 QMMM Holdings Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 99.97 | |||
| Value At Risk | (26.59) | |||
| Potential Upside | 23.58 |
QMMM Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for QMMM Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as QMMM Holdings' standard deviation. In reality, there are many statistical measures that can use QMMM Holdings historical prices to predict the future QMMM Holdings' volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (3.10) | |||
| Treynor Ratio | 0.229 |
QMMM Holdings Limited Backtested Returns
QMMM Holdings Limited maintains Sharpe Ratio (i.e., Efficiency) of -0.0508, which implies the firm had a -0.0508% return per unit of volatility over the last 3 months. QMMM Holdings Limited exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check QMMM Holdings' coefficient of variation of (6,579), and Risk Adjusted Performance of (0) to confirm the risk estimate we provide. The company holds a Beta of -1.17, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning QMMM Holdings are expected to decrease by larger amounts. On the other hand, during market turmoil, QMMM Holdings is expected to outperform it. At this point, QMMM Holdings Limited has a negative expected return of -0.86%. Please make sure to check QMMM Holdings' skewness, as well as the relationship between the day median price and relative strength index , to decide if QMMM Holdings Limited performance from the past will be repeated at future time.
Auto-correlation | 0.00 |
No correlation between past and present
QMMM Holdings Limited has no correlation between past and present. Overlapping area represents the amount of predictability between QMMM Holdings time series from 7th of January 2024 to 20th of June 2024 and 20th of June 2024 to 2nd of December 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 QMMM Holdings Limited price movement. The serial correlation of 0.0 indicates that just 0.0% of current QMMM Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
QMMM Holdings Limited lagged returns against current returns
Autocorrelation, which is QMMM Holdings 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 QMMM Holdings' stock expected returns. We can calculate the autocorrelation of QMMM Holdings returns to help us make a trade decision. For example, suppose you find that QMMM Holdings 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 |
QMMM Holdings 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 QMMM Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if QMMM Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in QMMM Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
QMMM Holdings Lagged Returns
When evaluating QMMM Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of QMMM Holdings stock have on its future price. QMMM Holdings 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, QMMM Holdings autocorrelation shows the relationship between QMMM Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in QMMM Holdings Limited.
Regressed Prices |
| Timeline |
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QMMM Holdings technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.