Queens Road Small Fund Market Value
| QRSVX Fund | USD 43.64 0.64 1.49% |
| Symbol | QUEENS |
Queens Road '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 Queens Road's mutual fund 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 Queens Road.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Queens Road on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Queens Road Small or generate 0.0% return on investment in Queens Road over 510 days. Queens Road is related to or competes with Aqr Large, Siit Large, T Rowe, Fisher Large, Federated Mdt, and T Rowe. The fund seeks to achieve its investment objective by investing primarily in the equity securities of small capitalizati... More
Queens Road 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 Queens Road's mutual fund 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 Queens Road Small upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8787 | |||
| Information Ratio | 0.0144 | |||
| Maximum Drawdown | 6.35 | |||
| Value At Risk | (1.28) | |||
| Potential Upside | 1.89 |
Queens Road Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Queens Road's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Queens Road's standard deviation. In reality, there are many statistical measures that can use Queens Road historical prices to predict the future Queens Road's volatility.| Risk Adjusted Performance | 0.1046 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0178 | |||
| Treynor Ratio | 0.1066 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Queens Road'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.
Queens Road Small Backtested Returns
At this stage we consider QUEENS Mutual Fund to be very steady. Queens Road Small maintains Sharpe Ratio (i.e., Efficiency) of 0.15, which implies the entity had a 0.15% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Queens Road Small, which you can use to evaluate the volatility of the fund. Please check Queens Road's Coefficient Of Variation of 751.96, semi deviation of 0.6801, and Risk Adjusted Performance of 0.1046 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%. The fund holds a Beta of 1.26, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Queens Road will likely underperform.
Auto-correlation | 0.65 |
Good predictability
Queens Road Small has good predictability. Overlapping area represents the amount of predictability between Queens Road time series from 5th of July 2023 to 16th of March 2024 and 16th of March 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 Queens Road Small price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current Queens Road price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 3.03 |
Queens Road Small lagged returns against current returns
Autocorrelation, which is Queens Road mutual fund'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 Queens Road's mutual fund expected returns. We can calculate the autocorrelation of Queens Road returns to help us make a trade decision. For example, suppose you find that Queens Road has exhibited high autocorrelation historically, and you observe that the mutual fund 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 |
Queens Road 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 Queens Road mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Queens Road mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Queens Road mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Queens Road Lagged Returns
When evaluating Queens Road's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Queens Road mutual fund have on its future price. Queens Road 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, Queens Road autocorrelation shows the relationship between Queens Road mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Queens Road Small.
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 QUEENS Mutual Fund
Queens Road financial ratios help investors to determine whether QUEENS Mutual Fund 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 QUEENS with respect to the benefits of owning Queens Road security.
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