Quaint Oak Bancorp Stock Market Value
| QNTO Stock | USD 11.04 0.01 0.09% |
| Symbol | Quaint |
Quaint Oak '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 Quaint Oak'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 Quaint Oak.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Quaint Oak on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Quaint Oak Bancorp or generate 0.0% return on investment in Quaint Oak over 30 days. Quaint Oak is related to or competes with Home Federal, Community West, Magyar Bancorp, IF Bancorp, LINKBANCORP, Pathfinder Bancorp, and First Keystone. Quaint Oak Bancorp, Inc., through its subsidiary Quaint Oak Bank that operates as a chartered stock savings bank More
Quaint Oak 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 Quaint Oak'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 Quaint Oak Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.65 | |||
| Information Ratio | 0.0284 | |||
| Maximum Drawdown | 8.9 | |||
| Value At Risk | (2.60) | |||
| Potential Upside | 2.33 |
Quaint Oak Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Quaint Oak's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Quaint Oak's standard deviation. In reality, there are many statistical measures that can use Quaint Oak historical prices to predict the future Quaint Oak's volatility.| Risk Adjusted Performance | 0.0942 | |||
| Jensen Alpha | 0.151 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0256 | |||
| Treynor Ratio | 1.63 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Quaint Oak'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.
Quaint Oak Bancorp Backtested Returns
Quaint Oak appears to be not too volatile, given 3 months investment horizon. Quaint Oak Bancorp maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the firm had a 0.13% return per unit of risk over the last 3 months. We have found thirty technical indicators for Quaint Oak Bancorp, which you can use to evaluate the volatility of the company. Please evaluate Quaint Oak's Risk Adjusted Performance of 0.0942, semi deviation of 1.12, and Coefficient Of Variation of 858.29 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Quaint Oak holds a performance score of 10. The company holds a Beta of 0.0998, which implies not very significant fluctuations relative to the market. As returns on the market increase, Quaint Oak's returns are expected to increase less than the market. However, during the bear market, the loss of holding Quaint Oak is expected to be smaller as well. Please check Quaint Oak's downside variance, and the relationship between the total risk alpha and daily balance of power , to make a quick decision on whether Quaint Oak's historical price patterns will revert.
Auto-correlation | -0.66 |
Very good reverse predictability
Quaint Oak Bancorp has very good reverse predictability. Overlapping area represents the amount of predictability between Quaint Oak 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 Quaint Oak Bancorp price movement. The serial correlation of -0.66 indicates that around 66.0% of current Quaint Oak price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.66 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Quaint Oak Bancorp lagged returns against current returns
Autocorrelation, which is Quaint Oak 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 Quaint Oak's otc stock expected returns. We can calculate the autocorrelation of Quaint Oak returns to help us make a trade decision. For example, suppose you find that Quaint Oak 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 |
Quaint Oak 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 Quaint Oak otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Quaint Oak otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Quaint Oak otc stock over time.
Current vs Lagged Prices |
| Timeline |
Quaint Oak Lagged Returns
When evaluating Quaint Oak's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Quaint Oak otc stock have on its future price. Quaint Oak 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, Quaint Oak autocorrelation shows the relationship between Quaint Oak otc stock current value and its past values and can show if there is a momentum factor associated with investing in Quaint Oak Bancorp.
Regressed Prices |
| Timeline |
Pair Trading with Quaint Oak
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Quaint Oak position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Quaint Oak will appreciate offsetting losses from the drop in the long position's value.Moving against Quaint OTC Stock
| 0.84 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.83 | SGD | Safe and Green | PairCorr |
| 0.81 | QLGN | Qualigen Therapeutics Trending | PairCorr |
| 0.72 | JNJ | Johnson Johnson Sell-off Trend | PairCorr |
| 0.68 | MULN | Mullen Automotive | PairCorr |
The ability to find closely correlated positions to Quaint Oak could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Quaint Oak when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Quaint Oak - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Quaint Oak Bancorp to buy it.
The correlation of Quaint Oak is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Quaint Oak moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Quaint Oak Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Quaint Oak can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Quaint OTC Stock
Quaint Oak financial ratios help investors to determine whether Quaint 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 Quaint with respect to the benefits of owning Quaint Oak security.