MQ Technology's market value is the price at which a share of MQ Technology trades on a public exchange. It measures the collective expectations of MQ Technology Bhd investors about its performance. MQ Technology is selling for 0.1 as of the 25th of December 2024. This is a 11.11 percent increase since the beginning of the trading day. The stock's lowest day price was 0.085. With this module, you can estimate the performance of a buy and hold strategy of MQ Technology Bhd and determine expected loss or profit from investing in MQ Technology over a given investment horizon. Check out MQ Technology Correlation, MQ Technology Volatility and MQ Technology Alpha and Beta module to complement your research on MQ Technology.
Please note, there is a significant difference between MQ Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if MQ Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MQ Technology'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.
MQ Technology '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 MQ Technology's 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 MQ Technology.
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure MQ Technology's 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 MQ Technology Bhd upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for MQ Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MQ Technology's standard deviation. In reality, there are many statistical measures that can use MQ Technology historical prices to predict the future MQ Technology's volatility.
MQ Technology Bhd retains Efficiency (Sharpe Ratio) of -0.0414, which conveys that the firm had a -0.0414% return per unit of price deviation over the last 3 months. MQ Technology exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MQ Technology's Mean Deviation of 2.84, information ratio of (0.11), and Market Risk Adjusted Performance of 3.25 to check out the risk estimate we provide. The company owns a Beta (Systematic Risk) of -0.16, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning MQ Technology are expected to decrease at a much lower rate. During the bear market, MQ Technology is likely to outperform the market. At this point, MQ Technology Bhd has a negative expected return of -0.19%. Please make sure to verify MQ Technology's market risk adjusted performance, coefficient of variation, information ratio, as well as the relationship between the mean deviation and standard deviation , to decide if MQ Technology Bhd performance from the past will be repeated sooner or later.
Correlation Coefficient
0.0
Spearman Rank Test
-0.37
Residual Average
0.0
Price Variance
0.0
MQ Technology Bhd lagged returns against current returns
Autocorrelation, which is MQ Technology 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 MQ Technology's stock expected returns. We can calculate the autocorrelation of MQ Technology returns to help us make a trade decision. For example, suppose you find that MQ Technology 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
MQ Technology 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 MQ Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MQ Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MQ Technology stock over time.
Current vs Lagged Prices
Timeline
MQ Technology Lagged Returns
When evaluating MQ Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MQ Technology stock have on its future price. MQ Technology 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, MQ Technology autocorrelation shows the relationship between MQ Technology stock current value and its past values and can show if there is a momentum factor associated with investing in MQ Technology Bhd.
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.
MQ Technology financial ratios help investors to determine whether 0070 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 0070 with respect to the benefits of owning MQ Technology security.