Quest Oil Corp Stock Market Value

Symbol

Quest

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 Quest Oil'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 Quest Oil.

Quest Oil Upside/Downside Indicators

Quest Oil Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Quest Oil's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Quest Oil's standard deviation. In reality, there are many statistical measures that can use Quest Oil historical prices to predict the future Quest Oil's volatility.

Autocorrelation, which is Quest Oil 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 Quest Oil's pink sheet expected returns. We can calculate the autocorrelation of Quest Oil returns to help us make a trade decision. For example, suppose you find that Quest Oil 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.

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Quest Oil pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Quest Oil pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Quest Oil pink sheet over time.

When evaluating Quest Oil's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Quest Oil pink sheet have on its future price. Quest Oil 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, Quest Oil autocorrelation shows the relationship between Quest Oil pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Quest Oil Corp.

Quest Oil financial ratios help investors to determine whether Quest 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 Quest with respect to the benefits of owning Quest Oil security.