QPR Software (Finland) Market Value
| QPR1V Stock | EUR 0.57 0.01 1.72% |
| Symbol | QPR |
QPR Software '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 QPR Software'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 QPR Software.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in QPR Software on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding QPR Software Oyj or generate 0.0% return on investment in QPR Software over 30 days. QPR Software is related to or competes with SSH Communications, Solteq PLC, Innofactor Oyj, and Glaston Oyj. QPR Software Oyj provides software and professional services to organizations for operational development in Finland, Ru... More
QPR Software 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 QPR Software'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 QPR Software Oyj upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.43 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 13.9 | |||
| Value At Risk | (4.69) | |||
| Potential Upside | 3.51 |
QPR Software Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for QPR Software's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as QPR Software's standard deviation. In reality, there are many statistical measures that can use QPR Software historical prices to predict the future QPR Software's volatility.| Risk Adjusted Performance | 0.0174 | |||
| Jensen Alpha | 0.0584 | |||
| Total Risk Alpha | (0.40) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.1) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of QPR Software'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.
QPR Software Oyj Backtested Returns
QPR Software is extremely dangerous at the moment. QPR Software Oyj maintains Sharpe Ratio (i.e., Efficiency) of 0.0339, which implies the firm had a 0.0339% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for QPR Software Oyj, which you can use to evaluate the volatility of the company. Please check QPR Software's Risk Adjusted Performance of 0.0174, semi deviation of 2.39, and Market Risk Adjusted Performance of (0.09) to confirm if the risk estimate we provide is consistent with the expected return of 0.0919%. QPR Software has a performance score of 2 on a scale of 0 to 100. The company holds a Beta of -0.27, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning QPR Software are expected to decrease at a much lower rate. During the bear market, QPR Software is likely to outperform the market. QPR Software Oyj presently holds a risk of 2.71%. Please check QPR Software Oyj potential upside, as well as the relationship between the kurtosis and price action indicator , to decide if QPR Software Oyj will be following its historical price patterns.
Auto-correlation | 0.69 |
Good predictability
QPR Software Oyj has good predictability. Overlapping area represents the amount of predictability between QPR Software time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 QPR Software Oyj price movement. The serial correlation of 0.69 indicates that around 69.0% of current QPR Software price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.69 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
QPR Software Oyj lagged returns against current returns
Autocorrelation, which is QPR Software 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 QPR Software's stock expected returns. We can calculate the autocorrelation of QPR Software returns to help us make a trade decision. For example, suppose you find that QPR Software 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 |
QPR Software 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 QPR Software stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if QPR Software stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in QPR Software stock over time.
Current vs Lagged Prices |
| Timeline |
QPR Software Lagged Returns
When evaluating QPR Software's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of QPR Software stock have on its future price. QPR Software 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, QPR Software autocorrelation shows the relationship between QPR Software stock current value and its past values and can show if there is a momentum factor associated with investing in QPR Software Oyj.
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.Other Information on Investing in QPR Stock
QPR Software financial ratios help investors to determine whether QPR 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 QPR with respect to the benefits of owning QPR Software security.