Quarta Rad Stock Market Value
| QURT Stock | USD 1.10 0.15 12.00% |
| Symbol | Quarta |
Quarta Rad '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 Quarta Rad's pink sheet 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 Quarta Rad.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Quarta Rad on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Quarta Rad or generate 0.0% return on investment in Quarta Rad over 30 days. Quarta Rad is related to or competes with Badger Meter, Nanalysis Scientific, Genasys, Kraken Robotics, Spectris Plc, Track, and Sono Tek. Quarta-Rad, Inc. distributes and sells detection devices for homeowners, homebuilders, and home renovation contractors i... More
Quarta Rad 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 Quarta Rad's pink sheet 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 Quarta Rad upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.41 | |||
| Information Ratio | 0.1122 | |||
| Maximum Drawdown | 45.0 | |||
| Value At Risk | (10.40) | |||
| Potential Upside | 17.33 |
Quarta Rad Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Quarta Rad's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Quarta Rad's standard deviation. In reality, there are many statistical measures that can use Quarta Rad historical prices to predict the future Quarta Rad's volatility.| Risk Adjusted Performance | 0.1099 | |||
| Jensen Alpha | 0.7266 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | 0.0742 | |||
| Treynor Ratio | 0.6635 |
Quarta Rad Backtested Returns
Quarta Rad appears to be abnormally volatile, given 3 months investment horizon. Quarta Rad maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the firm had a 0.13% return per unit of risk over the last 3 months. By analyzing Quarta Rad's technical indicators, you can evaluate if the expected return of 0.94% is justified by implied risk. Please evaluate Quarta Rad's Coefficient Of Variation of 756.6, semi deviation of 3.81, and Risk Adjusted Performance of 0.1099 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Quarta Rad holds a performance score of 10. The company holds a Beta of 1.36, 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, Quarta Rad will likely underperform. Please check Quarta Rad's daily balance of power, period momentum indicator, as well as the relationship between the downside variance and total risk alpha , to make a quick decision on whether Quarta Rad's historical price patterns will revert.
Auto-correlation | -0.25 |
Weak reverse predictability
Quarta Rad has weak reverse predictability. Overlapping area represents the amount of predictability between Quarta Rad time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Quarta Rad price movement. The serial correlation of -0.25 indicates that over 25.0% of current Quarta Rad price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Quarta Rad lagged returns against current returns
Autocorrelation, which is Quarta Rad pink sheet'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 Quarta Rad's pink sheet expected returns. We can calculate the autocorrelation of Quarta Rad returns to help us make a trade decision. For example, suppose you find that Quarta Rad has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Quarta Rad 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 Quarta Rad pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Quarta Rad pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Quarta Rad pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Quarta Rad Lagged Returns
When evaluating Quarta Rad's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Quarta Rad pink sheet have on its future price. Quarta Rad 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, Quarta Rad autocorrelation shows the relationship between Quarta Rad pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Quarta Rad.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Quarta Pink Sheet Analysis
When running Quarta Rad's price analysis, check to measure Quarta Rad'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 Quarta Rad is operating at the current time. Most of Quarta Rad's value examination focuses on studying past and present price action to predict the probability of Quarta Rad's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quarta Rad's price. Additionally, you may evaluate how the addition of Quarta Rad to your portfolios can decrease your overall portfolio volatility.