Quantum Emotion Stock Market Value
| QNCCF Stock | USD 0.08 0 5.54% |
| Symbol | Quantum |
Quantum EMotion '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 EMotion's otc 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 EMotion.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Quantum EMotion on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Quantum eMotion or generate 0.0% return on investment in Quantum EMotion over 30 days. Quantum EMotion is related to or competes with QuickLogic, Sequans Communications, Semtech, Valens, Sitime, Silicon Laboratories, and Diodes Incorporated. Quantum eMotion Corp. engages in the development of cryptographic solutions based on quantum random number generators in... More
Quantum EMotion 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 EMotion's otc 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 eMotion upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.98 | |||
| Information Ratio | 0.0154 | |||
| Maximum Drawdown | 38.95 | |||
| Value At Risk | (7.50) | |||
| Potential Upside | 13.46 |
Quantum EMotion Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Quantum EMotion's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Quantum EMotion's standard deviation. In reality, there are many statistical measures that can use Quantum EMotion historical prices to predict the future Quantum EMotion's volatility.| Risk Adjusted Performance | 0.0364 | |||
| Jensen Alpha | 0.1073 | |||
| Total Risk Alpha | (0.78) | |||
| Sortino Ratio | 0.0163 | |||
| Treynor Ratio | 0.2376 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Quantum EMotion's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Quantum eMotion Backtested Returns
Quantum eMotion maintains Sharpe Ratio (i.e., Efficiency) of -2.0E-4, which implies the firm had a -2.0E-4% return per unit of risk over the last 3 months. Quantum eMotion exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Quantum EMotion's Coefficient Of Variation of 2778.99, semi deviation of 4.54, and Risk Adjusted Performance of 0.0364 to confirm the risk estimate we provide. The company holds a Beta of 0.92, which implies possible diversification benefits within a given portfolio. Quantum EMotion returns are very sensitive to returns on the market. As the market goes up or down, Quantum EMotion is expected to follow. At this point, Quantum eMotion has a negative expected return of -0.0014%. Please make sure to check Quantum EMotion's maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to decide if Quantum eMotion performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.13 |
Insignificant predictability
Quantum eMotion has insignificant predictability. Overlapping area represents the amount of predictability between Quantum EMotion time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 eMotion price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Quantum EMotion price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Quantum eMotion lagged returns against current returns
Autocorrelation, which is Quantum EMotion otc 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 EMotion's otc stock expected returns. We can calculate the autocorrelation of Quantum EMotion returns to help us make a trade decision. For example, suppose you find that Quantum EMotion has exhibited high autocorrelation historically, and you observe that the otc 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 EMotion 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 EMotion otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Quantum EMotion otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Quantum EMotion otc stock over time.
Current vs Lagged Prices |
| Timeline |
Quantum EMotion Lagged Returns
When evaluating Quantum EMotion's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Quantum EMotion otc stock have on its future price. Quantum EMotion 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 EMotion autocorrelation shows the relationship between Quantum EMotion otc stock current value and its past values and can show if there is a momentum factor associated with investing in Quantum eMotion.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Quantum OTC Stock
Quantum EMotion financial ratios help investors to determine whether Quantum OTC 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 EMotion security.