Quicklizard (Israel) Market Value
| QLRD Stock | ILA 3,590 47.00 1.33% |
| Symbol | Quicklizard |
Quicklizard '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 Quicklizard'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 Quicklizard.
| 11/24/2024 |
| 12/24/2024 |
If you would invest 0.00 in Quicklizard on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding Quicklizard or generate 0.0% return on investment in Quicklizard over 30 days. Quicklizard is related to or competes with Razor Labs, Elco, Kardan Real, Paz Oil, Tower Semiconductor, and Golan Plastic. Quicklizard Ltd, an AI technology solution provider, offers a portfolio of solutions for dynamic pricing analysis and ma... More
Quicklizard 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 Quicklizard'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 Quicklizard upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.65 | |||
| Information Ratio | 0.1414 | |||
| Maximum Drawdown | 9.16 | |||
| Value At Risk | (1.86) | |||
| Potential Upside | 3.22 |
Quicklizard Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Quicklizard's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Quicklizard's standard deviation. In reality, there are many statistical measures that can use Quicklizard historical prices to predict the future Quicklizard's volatility.| Risk Adjusted Performance | 0.1332 | |||
| Jensen Alpha | 0.2582 | |||
| Total Risk Alpha | 0.2076 | |||
| Sortino Ratio | 0.1411 | |||
| Treynor Ratio | (2.28) |
Quicklizard Backtested Returns
Quicklizard maintains Sharpe Ratio (i.e., Efficiency) of -0.003, which implies the firm had a -0.003% return per unit of risk over the last 3 months. Quicklizard exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Quicklizard's Risk Adjusted Performance of 0.1332, coefficient of variation of 618.89, and Semi Deviation of 1.16 to confirm the risk estimate we provide. The company holds a Beta of -0.11, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Quicklizard are expected to decrease at a much lower rate. During the bear market, Quicklizard is likely to outperform the market. At this point, Quicklizard has a negative expected return of -0.0039%. Please make sure to check Quicklizard's standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if Quicklizard performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.69 |
Very good reverse predictability
Quicklizard has very good reverse predictability. Overlapping area represents the amount of predictability between Quicklizard time series from 24th of November 2024 to 9th of December 2024 and 9th of December 2024 to 24th 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 Quicklizard price movement. The serial correlation of -0.69 indicates that around 69.0% of current Quicklizard price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.69 | |
| Spearman Rank Test | -0.93 | |
| Residual Average | 0.0 | |
| Price Variance | 1928.47 |
Quicklizard lagged returns against current returns
Autocorrelation, which is Quicklizard 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 Quicklizard's stock expected returns. We can calculate the autocorrelation of Quicklizard returns to help us make a trade decision. For example, suppose you find that Quicklizard 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 |
Quicklizard 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 Quicklizard stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Quicklizard stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Quicklizard stock over time.
Current vs Lagged Prices |
| Timeline |
Quicklizard Lagged Returns
When evaluating Quicklizard's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Quicklizard stock have on its future price. Quicklizard 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, Quicklizard autocorrelation shows the relationship between Quicklizard stock current value and its past values and can show if there is a momentum factor associated with investing in Quicklizard.
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.Other Information on Investing in Quicklizard Stock
Quicklizard financial ratios help investors to determine whether Quicklizard 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 Quicklizard with respect to the benefits of owning Quicklizard security.