Qurate Retail (UK) Market Value
| 0A4G Stock | 0.46 0.04 9.52% |
| Symbol | Qurate |
Qurate Retail '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 Qurate Retail'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 Qurate Retail.
| 05/06/2024 |
| 12/02/2024 |
If you would invest 0.00 in Qurate Retail on May 6, 2024 and sell it all today you would earn a total of 0.00 from holding Qurate Retail Series or generate 0.0% return on investment in Qurate Retail over 210 days. Qurate Retail is related to or competes with Catalyst Media, CATLIN GROUP, Magnora ASA, RTW Venture, Secure Property, and Oncimmune Holdings. Qurate Retail is entity of United Kingdom More
Qurate Retail 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 Qurate Retail'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 Qurate Retail Series upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 26.45 | |||
| Value At Risk | (8.20) | |||
| Potential Upside | 8.11 |
Qurate Retail Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Qurate Retail's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Qurate Retail's standard deviation. In reality, there are many statistical measures that can use Qurate Retail historical prices to predict the future Qurate Retail's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (1.10) | |||
| Treynor Ratio | 0.2396 |
Qurate Retail Series Backtested Returns
Qurate Retail Series maintains Sharpe Ratio (i.e., Efficiency) of -0.0308, which implies the firm had a -0.0308% return per unit of risk over the last 3 months. Qurate Retail Series exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Qurate Retail's Variance of 25.06, risk adjusted performance of (0.03), and Coefficient Of Variation of (1,975) to confirm the risk estimate we provide. The company holds a Beta of -1.1, which implies a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Qurate Retail are expected to decrease slowly. On the other hand, during market turmoil, Qurate Retail is expected to outperform it slightly. At this point, Qurate Retail Series has a negative expected return of -0.15%. Please make sure to check Qurate Retail's treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if Qurate Retail Series performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.30 |
Below average predictability
Qurate Retail Series has below average predictability. Overlapping area represents the amount of predictability between Qurate Retail time series from 6th of May 2024 to 19th of August 2024 and 19th of August 2024 to 2nd 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 Qurate Retail Series price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Qurate Retail price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Qurate Retail Series lagged returns against current returns
Autocorrelation, which is Qurate Retail 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 Qurate Retail's stock expected returns. We can calculate the autocorrelation of Qurate Retail returns to help us make a trade decision. For example, suppose you find that Qurate Retail 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 |
Qurate Retail 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 Qurate Retail stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Qurate Retail stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Qurate Retail stock over time.
Current vs Lagged Prices |
| Timeline |
Qurate Retail Lagged Returns
When evaluating Qurate Retail's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Qurate Retail stock have on its future price. Qurate Retail 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, Qurate Retail autocorrelation shows the relationship between Qurate Retail stock current value and its past values and can show if there is a momentum factor associated with investing in Qurate Retail Series.
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 Qurate Stock Analysis
When running Qurate Retail's price analysis, check to measure Qurate Retail'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 Qurate Retail is operating at the current time. Most of Qurate Retail's value examination focuses on studying past and present price action to predict the probability of Qurate Retail's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Qurate Retail's price. Additionally, you may evaluate how the addition of Qurate Retail to your portfolios can decrease your overall portfolio volatility.