Qbeyond Ag Stock Market Value
| QSCGF Stock | USD 0.74 0.01 1.33% |
| Symbol | Qbeyond |
Qbeyond AG '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 Qbeyond AG's pink sheet 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 Qbeyond AG.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Qbeyond AG on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding qbeyond AG or generate 0.0% return on investment in Qbeyond AG over 30 days. Qbeyond AG is related to or competes with Vishay Precision, Kulicke, Amkor Technology, Everspin Technologies, Eltek, Jabil Circuit, and Valens. q.beyond AG engages in the cloud, SAP, and Internet of Things businesses in Germany and internationally More
Qbeyond AG 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 Qbeyond AG's pink sheet 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 qbeyond AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 16.41 |
Qbeyond AG Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Qbeyond AG's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Qbeyond AG's standard deviation. In reality, there are many statistical measures that can use Qbeyond AG historical prices to predict the future Qbeyond AG's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.56) | |||
| Treynor Ratio | (9.33) |
qbeyond AG Backtested Returns
qbeyond AG maintains Sharpe Ratio (i.e., Efficiency) of -0.15, which implies the firm had a -0.15% return per unit of risk over the last 3 months. qbeyond AG exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Qbeyond AG's Market Risk Adjusted Performance of (9.32), coefficient of variation of (702.86), and Variance of 3.38 to confirm the risk estimate we provide. The company holds a Beta of 0.0291, which implies not very significant fluctuations relative to the market. As returns on the market increase, Qbeyond AG's returns are expected to increase less than the market. However, during the bear market, the loss of holding Qbeyond AG is expected to be smaller as well. At this point, qbeyond AG has a negative expected return of -0.27%. Please make sure to check Qbeyond AG's information ratio and the relationship between the skewness and price action indicator , to decide if qbeyond AG performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
qbeyond AG has no correlation between past and present. Overlapping area represents the amount of predictability between Qbeyond AG time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 qbeyond AG price movement. The serial correlation of 0.0 indicates that just 0.0% of current Qbeyond AG price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
qbeyond AG lagged returns against current returns
Autocorrelation, which is Qbeyond AG pink sheet'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 Qbeyond AG's pink sheet expected returns. We can calculate the autocorrelation of Qbeyond AG returns to help us make a trade decision. For example, suppose you find that Qbeyond AG has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Qbeyond AG 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 Qbeyond AG pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Qbeyond AG pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Qbeyond AG pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Qbeyond AG Lagged Returns
When evaluating Qbeyond AG's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Qbeyond AG pink sheet have on its future price. Qbeyond AG 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, Qbeyond AG autocorrelation shows the relationship between Qbeyond AG pink sheet current value and its past values and can show if there is a momentum factor associated with investing in qbeyond AG.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Qbeyond Pink Sheet
Qbeyond AG financial ratios help investors to determine whether Qbeyond Pink Sheet 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 Qbeyond with respect to the benefits of owning Qbeyond AG security.