Qualicorp Consultoria (Brazil) Market Value
| QUAL3 Stock | BRL 2.40 0.10 4.35% |
| Symbol | Qualicorp |
Qualicorp Consultoria '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 Qualicorp Consultoria'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 Qualicorp Consultoria.
| 12/07/2022 |
| 11/26/2024 |
If you would invest 0.00 in Qualicorp Consultoria on December 7, 2022 and sell it all today you would earn a total of 0.00 from holding Qualicorp Consultoria e or generate 0.0% return on investment in Qualicorp Consultoria over 720 days. Qualicorp Consultoria is related to or competes with Engie Brasil, WEG SA, Ambev SA, and M Dias. Qualicorp Consultoria e Corretora de Seguros S.A More
Qualicorp Consultoria 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 Qualicorp Consultoria'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 Qualicorp Consultoria e upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.57 | |||
| Information Ratio | 0.0588 | |||
| Maximum Drawdown | 32.65 | |||
| Value At Risk | (6.73) | |||
| Potential Upside | 10.39 |
Qualicorp Consultoria Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Qualicorp Consultoria's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Qualicorp Consultoria's standard deviation. In reality, there are many statistical measures that can use Qualicorp Consultoria historical prices to predict the future Qualicorp Consultoria's volatility.| Risk Adjusted Performance | 0.072 | |||
| Jensen Alpha | 0.3772 | |||
| Total Risk Alpha | (0.42) | |||
| Sortino Ratio | 0.0581 | |||
| Treynor Ratio | 0.8004 |
Qualicorp Consultoria Backtested Returns
Qualicorp Consultoria appears to be dangerous, given 3 months investment horizon. Qualicorp Consultoria maintains Sharpe Ratio (i.e., Efficiency) of 0.0689, which implies the firm had a 0.0689% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Qualicorp Consultoria, which you can use to evaluate the volatility of the company. Please evaluate Qualicorp Consultoria's Coefficient Of Variation of 1210.5, semi deviation of 4.75, and Risk Adjusted Performance of 0.072 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Qualicorp Consultoria holds a performance score of 5. The company holds a Beta of 0.56, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Qualicorp Consultoria's returns are expected to increase less than the market. However, during the bear market, the loss of holding Qualicorp Consultoria is expected to be smaller as well. Please check Qualicorp Consultoria's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to make a quick decision on whether Qualicorp Consultoria's historical price patterns will revert.
Auto-correlation | 0.35 |
Below average predictability
Qualicorp Consultoria e has below average predictability. Overlapping area represents the amount of predictability between Qualicorp Consultoria time series from 7th of December 2022 to 2nd of December 2023 and 2nd of December 2023 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 Qualicorp Consultoria price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Qualicorp Consultoria price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.28 |
Qualicorp Consultoria lagged returns against current returns
Autocorrelation, which is Qualicorp Consultoria 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 Qualicorp Consultoria's stock expected returns. We can calculate the autocorrelation of Qualicorp Consultoria returns to help us make a trade decision. For example, suppose you find that Qualicorp Consultoria 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 |
Qualicorp Consultoria 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 Qualicorp Consultoria stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Qualicorp Consultoria stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Qualicorp Consultoria stock over time.
Current vs Lagged Prices |
| Timeline |
Qualicorp Consultoria Lagged Returns
When evaluating Qualicorp Consultoria's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Qualicorp Consultoria stock have on its future price. Qualicorp Consultoria 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, Qualicorp Consultoria autocorrelation shows the relationship between Qualicorp Consultoria stock current value and its past values and can show if there is a momentum factor associated with investing in Qualicorp Consultoria e.
Regressed Prices |
| Timeline |
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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.Additional Tools for Qualicorp Stock Analysis
When running Qualicorp Consultoria's price analysis, check to measure Qualicorp Consultoria'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 Qualicorp Consultoria is operating at the current time. Most of Qualicorp Consultoria's value examination focuses on studying past and present price action to predict the probability of Qualicorp Consultoria's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Qualicorp Consultoria's price. Additionally, you may evaluate how the addition of Qualicorp Consultoria to your portfolios can decrease your overall portfolio volatility.