Quest Holdings (Greece) Market Value
| QUEST Stock | EUR 5.56 0.04 0.72% |
| Symbol | Quest |
Quest Holdings '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 Quest Holdings' 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 Quest Holdings.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Quest Holdings on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Quest Holdings SA or generate 0.0% return on investment in Quest Holdings over 30 days. Quest Holdings is related to or competes with Performance Technologies, National Bank, EL D, Lampsa Hellenic, Eurobank Ergasias, Alpha Trust, and Iktinos Hellas. Quest Holdings S.A., together with its subsidiaries, engages distribution of information technology and telecommunicatio... More
Quest Holdings 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 Quest Holdings' 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 Quest Holdings SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.25 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 8.34 | |||
| Value At Risk | (2.08) | |||
| Potential Upside | 3.7 |
Quest Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Quest Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Quest Holdings' standard deviation. In reality, there are many statistical measures that can use Quest Holdings historical prices to predict the future Quest Holdings' volatility.| Risk Adjusted Performance | 0.0461 | |||
| Jensen Alpha | 0.0625 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.9615 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Quest Holdings' 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.
Quest Holdings SA Backtested Returns
At this point, Quest Holdings is somewhat reliable. Quest Holdings SA maintains Sharpe Ratio (i.e., Efficiency) of 0.0849, which implies the firm had a 0.0849% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Quest Holdings SA, which you can use to evaluate the volatility of the company. Please check Quest Holdings' Risk Adjusted Performance of 0.0461, semi deviation of 1.13, and Coefficient Of Variation of 1861.33 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%. Quest Holdings has a performance score of 6 on a scale of 0 to 100. The company holds a Beta of 0.0743, which implies not very significant fluctuations relative to the market. As returns on the market increase, Quest Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Quest Holdings is expected to be smaller as well. Quest Holdings SA right now holds a risk of 1.53%. Please check Quest Holdings SA sortino ratio, as well as the relationship between the semi variance and rate of daily change , to decide if Quest Holdings SA will be following its historical price patterns.
Auto-correlation | -0.44 |
Modest reverse predictability
Quest Holdings SA has modest reverse predictability. Overlapping area represents the amount of predictability between Quest Holdings 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 Quest Holdings SA price movement. The serial correlation of -0.44 indicates that just about 44.0% of current Quest Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Quest Holdings SA lagged returns against current returns
Autocorrelation, which is Quest Holdings 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 Quest Holdings' stock expected returns. We can calculate the autocorrelation of Quest Holdings returns to help us make a trade decision. For example, suppose you find that Quest Holdings 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 |
Quest Holdings 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 Quest Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Quest Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Quest Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Quest Holdings Lagged Returns
When evaluating Quest Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Quest Holdings stock have on its future price. Quest Holdings 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, Quest Holdings autocorrelation shows the relationship between Quest Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Quest Holdings SA.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Quest Stock
Quest Holdings financial ratios help investors to determine whether Quest 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 Quest with respect to the benefits of owning Quest Holdings security.