Qnb Corp Stock Market Value
| QNBC Stock | USD 33.00 0.24 0.72% |
| Symbol | QNB |
QNB Corp '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 QNB Corp's pink sheet 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 QNB Corp.
| 05/31/2024 |
| 11/27/2024 |
If you would invest 0.00 in QNB Corp on May 31, 2024 and sell it all today you would earn a total of 0.00 from holding QNB Corp or generate 0.0% return on investment in QNB Corp over 180 days. QNB Corp is related to or competes with Invesco High, Blackrock Muniholdings, Nuveen California, MFS Investment, and Federated Premier. QNB Corp. operates as the bank holding company for QNB Bank that provides commercial and retail banking products and ser... More
QNB Corp 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 QNB Corp's pink sheet 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 QNB Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5146 | |||
| Information Ratio | 0.1268 | |||
| Maximum Drawdown | 4.63 | |||
| Value At Risk | (0.54) | |||
| Potential Upside | 1.65 |
QNB Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for QNB Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as QNB Corp's standard deviation. In reality, there are many statistical measures that can use QNB Corp historical prices to predict the future QNB Corp's volatility.| Risk Adjusted Performance | 0.2226 | |||
| Jensen Alpha | 0.2232 | |||
| Total Risk Alpha | 0.096 | |||
| Sortino Ratio | 0.1961 | |||
| Treynor Ratio | (14.47) |
QNB Corp Backtested Returns
At this point, QNB Corp is very steady. QNB Corp retains Efficiency (Sharpe Ratio) of 0.25, which implies the firm had a 0.25% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for QNB Corp, which you can use to evaluate the volatility of the company. Please check QNB Corp's downside deviation of 0.5146, and Market Risk Adjusted Performance of (14.46) to confirm if the risk estimate we provide is consistent with the expected return of 0.17%. QNB Corp has a performance score of 19 on a scale of 0 to 100. The company owns a Beta (Systematic Risk) of -0.0153, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning QNB Corp are expected to decrease at a much lower rate. During the bear market, QNB Corp is likely to outperform the market. QNB Corp currently owns a risk of 0.69%. Please check QNB Corp value at risk, kurtosis, and the relationship between the sortino ratio and semi variance , to decide if QNB Corp will be following its current price history.
Auto-correlation | 0.81 |
Very good predictability
QNB Corp has very good predictability. Overlapping area represents the amount of predictability between QNB Corp time series from 31st of May 2024 to 29th of August 2024 and 29th of August 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 QNB Corp price movement. The serial correlation of 0.81 indicates that around 81.0% of current QNB Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 1.85 |
QNB Corp lagged returns against current returns
Autocorrelation, which is QNB Corp pink sheet'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 QNB Corp's pink sheet expected returns. We can calculate the autocorrelation of QNB Corp returns to help us make a trade decision. For example, suppose you find that QNB Corp has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
QNB Corp 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 QNB Corp pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if QNB Corp pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in QNB Corp pink sheet over time.
Current vs Lagged Prices |
| Timeline |
QNB Corp Lagged Returns
When evaluating QNB Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of QNB Corp pink sheet have on its future price. QNB Corp 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, QNB Corp autocorrelation shows the relationship between QNB Corp pink sheet current value and its past values and can show if there is a momentum factor associated with investing in QNB Corp.
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 QNB Pink Sheet
QNB Corp financial ratios help investors to determine whether QNB Pink Sheet 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 QNB with respect to the benefits of owning QNB Corp security.