Qatar Natl's market value is the price at which a share of Qatar Natl trades on a public exchange. It measures the collective expectations of Qatar Natl Bank investors about its performance. Qatar Natl is trading at 34.70 as of the 29th of November 2024. This is a 1.70 percent up since the beginning of the trading day. The stock's lowest day price was 33.2. With this module, you can estimate the performance of a buy and hold strategy of Qatar Natl Bank and determine expected loss or profit from investing in Qatar Natl over a given investment horizon. Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
Qatar
Qatar Natl '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 Qatar Natl'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 Qatar Natl.
0.00
10/30/2024
No Change 0.00
0.0
In 31 days
11/29/2024
0.00
If you would invest 0.00 in Qatar Natl on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Qatar Natl Bank or generate 0.0% return on investment in Qatar Natl over 30 days.
Qatar Natl 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 Qatar Natl'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 Qatar Natl Bank upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Qatar Natl's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Qatar Natl's standard deviation. In reality, there are many statistical measures that can use Qatar Natl historical prices to predict the future Qatar Natl's volatility.
Qatar Natl appears to be very steady, given 3 months investment horizon. Qatar Natl Bank maintains Sharpe Ratio (i.e., Efficiency) of 0.21, which implies the firm had a 0.21% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Qatar Natl Bank, which you can use to evaluate the volatility of the company. Please evaluate Qatar Natl's Semi Deviation of 0.9796, coefficient of variation of 561.85, and Risk Adjusted Performance of 0.1426 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Qatar Natl holds a performance score of 16. The company holds a Beta of 0.19, which implies not very significant fluctuations relative to the market. As returns on the market increase, Qatar Natl's returns are expected to increase less than the market. However, during the bear market, the loss of holding Qatar Natl is expected to be smaller as well. Please check Qatar Natl's value at risk, downside variance, and the relationship between the maximum drawdown and potential upside , to make a quick decision on whether Qatar Natl's historical price patterns will revert.
Auto-correlation
0.30
Below average predictability
Qatar Natl Bank has below average predictability. Overlapping area represents the amount of predictability between Qatar Natl time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Qatar Natl Bank price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Qatar Natl price fluctuation can be explain by its past prices.
Correlation Coefficient
0.3
Spearman Rank Test
0.23
Residual Average
0.0
Price Variance
0.26
Qatar Natl Bank lagged returns against current returns
Autocorrelation, which is Qatar Natl 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 Qatar Natl's stock expected returns. We can calculate the autocorrelation of Qatar Natl returns to help us make a trade decision. For example, suppose you find that Qatar Natl 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
Qatar Natl 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 Qatar Natl stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Qatar Natl stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Qatar Natl stock over time.
Current vs Lagged Prices
Timeline
Qatar Natl Lagged Returns
When evaluating Qatar Natl's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Qatar Natl stock have on its future price. Qatar Natl 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, Qatar Natl autocorrelation shows the relationship between Qatar Natl stock current value and its past values and can show if there is a momentum factor associated with investing in Qatar Natl Bank.
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.