Qualitau (Israel) Market Value

QLTU Stock  ILA 19,990  310.00  1.58%   
Qualitau's market value is the price at which a share of Qualitau trades on a public exchange. It measures the collective expectations of Qualitau investors about its performance. Qualitau is trading at 19990.00 as of the 24th of December 2024, a 1.58 percent increase since the beginning of the trading day. The stock's open price was 19680.0.
With this module, you can estimate the performance of a buy and hold strategy of Qualitau and determine expected loss or profit from investing in Qualitau over a given investment horizon. Check out Qualitau Correlation, Qualitau Volatility and Qualitau Alpha and Beta module to complement your research on Qualitau.
Symbol

Please note, there is a significant difference between Qualitau's value and its price as these two are different measures arrived at by different means. Investors typically determine if Qualitau is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Qualitau'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.

Qualitau '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 Qualitau'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 Qualitau.
0.00
11/24/2024
No Change 0.00  0.0 
In 31 days
12/24/2024
0.00
If you would invest  0.00  in Qualitau on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding Qualitau or generate 0.0% return on investment in Qualitau over 30 days. Qualitau is related to or competes with Palram, Shagrir Group, EN Shoham, Lapidoth, and Shufersal. Qualitau Ltd engages in the development, manufacture, and sale of test equipment and services for use in the semiconduct... More

Qualitau 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 Qualitau'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 Qualitau upside and downside potential and time the market with a certain degree of confidence.

Qualitau Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Qualitau's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Qualitau's standard deviation. In reality, there are many statistical measures that can use Qualitau historical prices to predict the future Qualitau's volatility.
Hype
Prediction
LowEstimatedHigh
19,98719,99019,993
Details
Intrinsic
Valuation
LowRealHigh
18,47218,47521,989
Details

Qualitau Backtested Returns

Qualitau appears to be very steady, given 3 months investment horizon. Qualitau maintains Sharpe Ratio (i.e., Efficiency) of 0.12, which implies the firm had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Qualitau, which you can use to evaluate the volatility of the company. Please evaluate Qualitau's Semi Deviation of 2.18, coefficient of variation of 518.18, and Risk Adjusted Performance of 0.1604 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Qualitau holds a performance score of 9. The company holds a Beta of -0.37, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Qualitau are expected to decrease at a much lower rate. During the bear market, Qualitau is likely to outperform the market. Please check Qualitau's coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to make a quick decision on whether Qualitau's historical price patterns will revert.

Auto-correlation

    
  0.63  

Good predictability

Qualitau has good predictability. Overlapping area represents the amount of predictability between Qualitau 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 Qualitau price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current Qualitau price fluctuation can be explain by its past prices.
Correlation Coefficient0.63
Spearman Rank Test0.92
Residual Average0.0
Price Variance531.3 K

Qualitau lagged returns against current returns

Autocorrelation, which is Qualitau 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 Qualitau's stock expected returns. We can calculate the autocorrelation of Qualitau returns to help us make a trade decision. For example, suppose you find that Qualitau 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  

Qualitau 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 Qualitau stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Qualitau stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Qualitau stock over time.
   Current vs Lagged Prices   
       Timeline  

Qualitau Lagged Returns

When evaluating Qualitau's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Qualitau stock have on its future price. Qualitau 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, Qualitau autocorrelation shows the relationship between Qualitau stock current value and its past values and can show if there is a momentum factor associated with investing in Qualitau.
   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 Qualitau Stock

Qualitau financial ratios help investors to determine whether Qualitau 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 Qualitau with respect to the benefits of owning Qualitau security.