QWECOM 6875 15 JUL 28 Market Value
| 912912AQ5 | 76.50 6.15 7.44% |
| Symbol | QWECOM |
Please note, there is a significant difference between QWECOM's value and its price as these two are different measures arrived at by different means. Investors typically determine if QWECOM is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, QWECOM's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
QWECOM '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 QWECOM'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 QWECOM.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in QWECOM on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding QWECOM 6875 15 JUL 28 or generate 0.0% return on investment in QWECOM over 30 days. QWECOM is related to or competes with NETGEAR, Iridium Communications, Estee Lauder, Lincoln Electric, Toro, IPG Photonics, and Amkor Technology. More
QWECOM 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 QWECOM'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 QWECOM 6875 15 JUL 28 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 13.49 | |||
| Information Ratio | 0.0904 | |||
| Maximum Drawdown | 153.42 | |||
| Value At Risk | (7.37) | |||
| Potential Upside | 9.55 |
QWECOM Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for QWECOM's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as QWECOM's standard deviation. In reality, there are many statistical measures that can use QWECOM historical prices to predict the future QWECOM's volatility.| Risk Adjusted Performance | 0.0837 | |||
| Jensen Alpha | 2.05 | |||
| Total Risk Alpha | (1.07) | |||
| Sortino Ratio | 0.1323 | |||
| Treynor Ratio | (1.46) |
QWECOM 6875 15 Backtested Returns
QWECOM is somewhat reliable given 3 months investment horizon. QWECOM 6875 15 maintains Sharpe Ratio (i.e., Efficiency) of 0.0881, which implies the entity had a 0.0881% return per unit of volatility over the last 3 months. We were able to analyze twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.46% are justified by taking the suggested risk. Use QWECOM risk adjusted performance of 0.0837, and Semi Deviation of 10.15 to evaluate company specific risk that cannot be diversified away. The bond holds a Beta of -1.3, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning QWECOM are expected to decrease by larger amounts. On the other hand, during market turmoil, QWECOM is expected to outperform it.
Auto-correlation | -0.18 |
Insignificant reverse predictability
QWECOM 6875 15 JUL 28 has insignificant reverse predictability. Overlapping area represents the amount of predictability between QWECOM 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 QWECOM 6875 15 price movement. The serial correlation of -0.18 indicates that over 18.0% of current QWECOM price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 6.93 |
QWECOM 6875 15 lagged returns against current returns
Autocorrelation, which is QWECOM 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 QWECOM's bond expected returns. We can calculate the autocorrelation of QWECOM returns to help us make a trade decision. For example, suppose you find that QWECOM 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 |
QWECOM 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 QWECOM bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if QWECOM bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in QWECOM bond over time.
Current vs Lagged Prices |
| Timeline |
QWECOM Lagged Returns
When evaluating QWECOM's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of QWECOM bond have on its future price. QWECOM 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, QWECOM autocorrelation shows the relationship between QWECOM bond current value and its past values and can show if there is a momentum factor associated with investing in QWECOM 6875 15 JUL 28.
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 QWECOM Bond
QWECOM financial ratios help investors to determine whether QWECOM 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 QWECOM with respect to the benefits of owning QWECOM security.