Quantumkore Stock Market Value
| SBOX Stock | USD 0.77 0.08 9.41% |
| Symbol | QuantumKore |
QuantumKore '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 QuantumKore'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 QuantumKore.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in QuantumKore on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding QuantumKore or generate 0.0% return on investment in QuantumKore over 180 days. QuantumKore is related to or competes with Arrow Exploration. QuantumKore Inc. provides technology solutions related to the waste conversion process and energy sector More
QuantumKore 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 QuantumKore'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 QuantumKore upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1406 | |||
| Maximum Drawdown | 109.41 | |||
| Value At Risk | (4.49) | |||
| Potential Upside | 19.05 |
QuantumKore Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for QuantumKore's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as QuantumKore's standard deviation. In reality, there are many statistical measures that can use QuantumKore historical prices to predict the future QuantumKore's volatility.| Risk Adjusted Performance | 0.1226 | |||
| Jensen Alpha | 2.7 | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | 3.24 |
QuantumKore Backtested Returns
QuantumKore is out of control given 3 months investment horizon. QuantumKore maintains Sharpe Ratio (i.e., Efficiency) of 0.15, which implies the firm had a 0.15% return per unit of risk over the last 3 months. We were able to break down and interpolate data for twenty-four different technical indicators, which can help you to evaluate if expected returns of 2.9% are justified by taking the suggested risk. Use QuantumKore Variance of 362.82, coefficient of variation of 676.37, and Risk Adjusted Performance of 0.1226 to evaluate company specific risk that cannot be diversified away. QuantumKore holds a performance score of 11 on a scale of zero to a hundred. The company holds a Beta of 0.87, which implies possible diversification benefits within a given portfolio. QuantumKore returns are very sensitive to returns on the market. As the market goes up or down, QuantumKore is expected to follow. Use QuantumKore maximum drawdown, as well as the relationship between the daily balance of power and period momentum indicator , to analyze future returns on QuantumKore.
Auto-correlation | 0.66 |
Good predictability
QuantumKore has good predictability. Overlapping area represents the amount of predictability between QuantumKore time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th 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 QuantumKore price movement. The serial correlation of 0.66 indicates that around 66.0% of current QuantumKore price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
QuantumKore lagged returns against current returns
Autocorrelation, which is QuantumKore 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 QuantumKore's pink sheet expected returns. We can calculate the autocorrelation of QuantumKore returns to help us make a trade decision. For example, suppose you find that QuantumKore 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 |
QuantumKore 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 QuantumKore pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if QuantumKore pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in QuantumKore pink sheet over time.
Current vs Lagged Prices |
| Timeline |
QuantumKore Lagged Returns
When evaluating QuantumKore's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of QuantumKore pink sheet have on its future price. QuantumKore 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, QuantumKore autocorrelation shows the relationship between QuantumKore pink sheet current value and its past values and can show if there is a momentum factor associated with investing in QuantumKore.
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 QuantumKore Pink Sheet Analysis
When running QuantumKore's price analysis, check to measure QuantumKore'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 QuantumKore is operating at the current time. Most of QuantumKore's value examination focuses on studying past and present price action to predict the probability of QuantumKore's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move QuantumKore's price. Additionally, you may evaluate how the addition of QuantumKore to your portfolios can decrease your overall portfolio volatility.