QUICKEN LNS LLCQUICKEN Market Value
| 74841CAB7 | 89.57 0.35 0.39% |
| Symbol | QUICKEN |
QUICKEN '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 QUICKEN's bond 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 QUICKEN.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in QUICKEN on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding QUICKEN LNS LLCQUICKEN or generate 0.0% return on investment in QUICKEN over 30 days. QUICKEN is related to or competes with 00108WAF7, 90331HPL1, American Express, Chevron Corp, Cisco Systems, Verizon Communications, and Merck. More
QUICKEN 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 QUICKEN's bond 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 QUICKEN LNS LLCQUICKEN upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 15.59 | |||
| Value At Risk | (6.67) | |||
| Potential Upside | 6.79 |
QUICKEN Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for QUICKEN's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as QUICKEN's standard deviation. In reality, there are many statistical measures that can use QUICKEN historical prices to predict the future QUICKEN's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | (0.13) |
QUICKEN LNS LLCQUICKEN Backtested Returns
QUICKEN LNS LLCQUICKEN maintains Sharpe Ratio (i.e., Efficiency) of -0.0815, which implies the entity had a -0.0815% return per unit of volatility over the last 3 months. QUICKEN LNS LLCQUICKEN exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check QUICKEN's risk adjusted performance of (0), and Coefficient Of Variation of (8,725) to confirm the risk estimate we provide. The bond holds a Beta of 0.34, which implies possible diversification benefits within a given portfolio. As returns on the market increase, QUICKEN's returns are expected to increase less than the market. However, during the bear market, the loss of holding QUICKEN is expected to be smaller as well.
Auto-correlation | -0.03 |
Very weak reverse predictability
QUICKEN LNS LLCQUICKEN has very weak reverse predictability. Overlapping area represents the amount of predictability between QUICKEN time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 QUICKEN LNS LLCQUICKEN price movement. The serial correlation of -0.03 indicates that only 3.0% of current QUICKEN price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
QUICKEN LNS LLCQUICKEN lagged returns against current returns
Autocorrelation, which is QUICKEN bond'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 QUICKEN's bond expected returns. We can calculate the autocorrelation of QUICKEN returns to help us make a trade decision. For example, suppose you find that QUICKEN has exhibited high autocorrelation historically, and you observe that the bond 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 |
QUICKEN 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 QUICKEN bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if QUICKEN bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in QUICKEN bond over time.
Current vs Lagged Prices |
| Timeline |
QUICKEN Lagged Returns
When evaluating QUICKEN's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of QUICKEN bond have on its future price. QUICKEN 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, QUICKEN autocorrelation shows the relationship between QUICKEN bond current value and its past values and can show if there is a momentum factor associated with investing in QUICKEN LNS LLCQUICKEN.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in QUICKEN Bond
QUICKEN financial ratios help investors to determine whether QUICKEN Bond 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 QUICKEN with respect to the benefits of owning QUICKEN security.