Qomolangma Acquisition Corp Market Value
| QOMOUDelisted Stock | USD 11.31 0.00 0.00% |
| Symbol | Qomolangma |
Qomolangma Acquisition '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 Qomolangma Acquisition'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 Qomolangma Acquisition.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Qomolangma Acquisition on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Qomolangma Acquisition Corp or generate 0.0% return on investment in Qomolangma Acquisition over 30 days. Qomolangma Acquisition is related to or competes with Hudson Acquisition, Global Star, Horizon Space, and ECB Bancorp. Qomolangma Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, stock purchase, reorganiz... More
Qomolangma Acquisition 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 Qomolangma Acquisition'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 Qomolangma Acquisition Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 11.92 | |||
| Value At Risk | (2.14) |
Qomolangma Acquisition Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Qomolangma Acquisition's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Qomolangma Acquisition's standard deviation. In reality, there are many statistical measures that can use Qomolangma Acquisition historical prices to predict the future Qomolangma Acquisition's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | 0.3687 |
Qomolangma Acquisition Backtested Returns
Qomolangma Acquisition maintains Sharpe Ratio (i.e., Efficiency) of -0.23, which implies the firm had a -0.23% return per unit of risk over the last 3 months. Qomolangma Acquisition exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Qomolangma Acquisition's Variance of 1.75, risk adjusted performance of (0.05), and Coefficient Of Variation of (1,411) to confirm the risk estimate we provide. The company holds a Beta of -0.28, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Qomolangma Acquisition are expected to decrease at a much lower rate. During the bear market, Qomolangma Acquisition is likely to outperform the market. At this point, Qomolangma Acquisition has a negative expected return of -0.22%. Please make sure to check Qomolangma Acquisition's information ratio and rate of daily change , to decide if Qomolangma Acquisition performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Qomolangma Acquisition Corp has no correlation between past and present. Overlapping area represents the amount of predictability between Qomolangma Acquisition 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 Qomolangma Acquisition price movement. The serial correlation of 0.0 indicates that just 0.0% of current Qomolangma Acquisition price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Qomolangma Acquisition lagged returns against current returns
Autocorrelation, which is Qomolangma Acquisition 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 Qomolangma Acquisition's stock expected returns. We can calculate the autocorrelation of Qomolangma Acquisition returns to help us make a trade decision. For example, suppose you find that Qomolangma Acquisition 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 |
Qomolangma Acquisition 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 Qomolangma Acquisition stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Qomolangma Acquisition stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Qomolangma Acquisition stock over time.
Current vs Lagged Prices |
| Timeline |
Qomolangma Acquisition Lagged Returns
When evaluating Qomolangma Acquisition's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Qomolangma Acquisition stock have on its future price. Qomolangma Acquisition 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, Qomolangma Acquisition autocorrelation shows the relationship between Qomolangma Acquisition stock current value and its past values and can show if there is a momentum factor associated with investing in Qomolangma Acquisition Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Check out Qomolangma Acquisition Correlation, Qomolangma Acquisition Volatility and Qomolangma Acquisition Alpha and Beta module to complement your research on Qomolangma Acquisition. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Other Consideration for investing in Qomolangma Stock
If you are still planning to invest in Qomolangma Acquisition check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Qomolangma Acquisition's history and understand the potential risks before investing.
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