Qrons Inc Stock Market Value
| QRON Stock | USD 0.18 0.01 5.26% |
| Symbol | Qrons |
Qrons '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 Qrons' 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 Qrons.
| 11/13/2024 |
| 12/13/2024 |
If you would invest 0.00 in Qrons on November 13, 2024 and sell it all today you would earn a total of 0.00 from holding Qrons Inc or generate 0.0% return on investment in Qrons over 30 days. Qrons is related to or competes with Northwest Biotherapeutics, Geron, and ABIVAX Socit. Qrons Inc., a biotechnology company, engages in development of biotech products, treatments, and technologies to combat ... More
Qrons 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 Qrons' 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 Qrons Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 15.79 |
Qrons Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Qrons' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Qrons' standard deviation. In reality, there are many statistical measures that can use Qrons historical prices to predict the future Qrons' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | (0.35) |
Qrons Inc Backtested Returns
Qrons Inc maintains Sharpe Ratio (i.e., Efficiency) of -0.0214, which implies the firm had a -0.0214% return per unit of risk over the last 3 months. Qrons Inc exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Qrons' Coefficient Of Variation of (4,751), risk adjusted performance of (0.01), and Variance of 5.87 to confirm the risk estimate we provide. The company holds a Beta of 0.18, which implies not very significant fluctuations relative to the market. As returns on the market increase, Qrons' returns are expected to increase less than the market. However, during the bear market, the loss of holding Qrons is expected to be smaller as well. At this point, Qrons Inc has a negative expected return of -0.0526%. Please make sure to check Qrons' jensen alpha and rate of daily change , to decide if Qrons Inc performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Qrons Inc has no correlation between past and present. Overlapping area represents the amount of predictability between Qrons time series from 13th of November 2024 to 28th of November 2024 and 28th of November 2024 to 13th of December 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 Qrons Inc price movement. The serial correlation of 0.0 indicates that just 0.0% of current Qrons price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.95 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Qrons Inc lagged returns against current returns
Autocorrelation, which is Qrons 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 Qrons' otc stock expected returns. We can calculate the autocorrelation of Qrons returns to help us make a trade decision. For example, suppose you find that Qrons 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 |
Qrons 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 Qrons otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Qrons otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Qrons otc stock over time.
Current vs Lagged Prices |
| Timeline |
Qrons Lagged Returns
When evaluating Qrons' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Qrons otc stock have on its future price. Qrons 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, Qrons autocorrelation shows the relationship between Qrons otc stock current value and its past values and can show if there is a momentum factor associated with investing in Qrons Inc.
Regressed Prices |
| Timeline |
Pair Trading with Qrons
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 Qrons 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 Qrons will appreciate offsetting losses from the drop in the long position's value.Moving together with Qrons OTC Stock
Moving against Qrons OTC Stock
| 0.7 | AVTE | Aerovate Therapeutics | PairCorr |
| 0.66 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.6 | HNRC | Houston Natural Resources | PairCorr |
| 0.47 | GOOG | Alphabet Class C Aggressive Push | PairCorr |
The ability to find closely correlated positions to Qrons could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Qrons 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 Qrons - 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 Qrons Inc to buy it.
The correlation of Qrons 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 Qrons moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Qrons Inc 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 Qrons 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 Qrons OTC Stock
Qrons financial ratios help investors to determine whether Qrons 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 Qrons with respect to the benefits of owning Qrons security.