Qurate Retail Preferred Stock Market Value
| QRTEP Preferred Stock | USD 34.38 0.19 0.56% |
| Symbol | Qurate |
Qurate Retail '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 Qurate Retail's preferred 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 Qurate Retail.
| 12/19/2024 |
| 01/18/2025 |
If you would invest 0.00 in Qurate Retail on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Qurate Retail or generate 0.0% return on investment in Qurate Retail over 30 days. Qurate Retail is related to or competes with Qurate Retail, Qurate Retail, RLJ Lodging, Liberty Broadband, and Chimera Investment. Qurate Retail, Inc., together with its subsidiaries, engages in the video and online commerce industries in North Americ... More
Qurate Retail 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 Qurate Retail's preferred 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 Qurate Retail upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 12.56 | |||
| Value At Risk | (3.91) | |||
| Potential Upside | 4.21 |
Qurate Retail Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Qurate Retail's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Qurate Retail's standard deviation. In reality, there are many statistical measures that can use Qurate Retail historical prices to predict the future Qurate Retail's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | (2.42) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Qurate Retail'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.
Qurate Retail Backtested Returns
Qurate Retail maintains Sharpe Ratio (i.e., Efficiency) of -0.0555, which implies the firm had a -0.0555% return per unit of risk over the last 3 months. Qurate Retail exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Qurate Retail's Coefficient Of Variation of (1,802), variance of 5.99, and Risk Adjusted Performance of (0.04) to confirm the risk estimate we provide. The company holds a Beta of 0.0602, which implies not very significant fluctuations relative to the market. As returns on the market increase, Qurate Retail's returns are expected to increase less than the market. However, during the bear market, the loss of holding Qurate Retail is expected to be smaller as well. At this point, Qurate Retail has a negative expected return of -0.14%. Please make sure to check Qurate Retail's maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and market facilitation index , to decide if Qurate Retail performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.07 |
Very weak reverse predictability
Qurate Retail has very weak reverse predictability. Overlapping area represents the amount of predictability between Qurate Retail time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Qurate Retail price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Qurate Retail price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 1.63 |
Qurate Retail lagged returns against current returns
Autocorrelation, which is Qurate Retail preferred 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 Qurate Retail's preferred stock expected returns. We can calculate the autocorrelation of Qurate Retail returns to help us make a trade decision. For example, suppose you find that Qurate Retail has exhibited high autocorrelation historically, and you observe that the preferred 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 |
Qurate Retail 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 Qurate Retail preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Qurate Retail preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Qurate Retail preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Qurate Retail Lagged Returns
When evaluating Qurate Retail's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Qurate Retail preferred stock have on its future price. Qurate Retail 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, Qurate Retail autocorrelation shows the relationship between Qurate Retail preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Qurate Retail.
Regressed Prices |
| Timeline |
Pair Trading with Qurate Retail
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 Qurate Retail 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 Qurate Retail will appreciate offsetting losses from the drop in the long position's value.Moving together with Qurate Preferred Stock
Moving against Qurate Preferred Stock
The ability to find closely correlated positions to Qurate Retail could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Qurate Retail 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 Qurate Retail - 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 Qurate Retail to buy it.
The correlation of Qurate Retail 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 Qurate Retail moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Qurate Retail 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 Qurate Retail 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.Additional Tools for Qurate Preferred Stock Analysis
When running Qurate Retail's price analysis, check to measure Qurate Retail's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Qurate Retail is operating at the current time. Most of Qurate Retail's value examination focuses on studying past and present price action to predict the probability of Qurate Retail's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Qurate Retail's price. Additionally, you may evaluate how the addition of Qurate Retail to your portfolios can decrease your overall portfolio volatility.