QURATE RETAIL (Germany) Market Value
| LB3C Stock | EUR 2.72 0.16 6.25% |
| 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.
| 11/20/2024 |
| 12/20/2024 |
If you would invest 0.00 in QURATE RETAIL on November 20, 2024 and sell it all today you would earn a total of 0.00 from holding QURATE RETAIL INC or generate 0.0% return on investment in QURATE RETAIL over 30 days. QURATE RETAIL is related to or competes with Tencent Holdings, Baidu, and BYD Company. Qurate Retail, Inc., together with its subsidiaries, engages in the video and online commerce industries in North Americ... 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 INC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 20.64 | |||
| Value At Risk | (6.33) | |||
| Potential Upside | 6.25 |
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 | (0.04) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | (0.20) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of QURATE RETAIL's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
QURATE RETAIL INC Backtested Returns
QURATE RETAIL INC maintains Sharpe Ratio (i.e., Efficiency) of -0.0546, which implies the firm had a -0.0546% return per unit of standard deviation over the last 3 months. QURATE RETAIL INC exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check QURATE RETAIL's Risk Adjusted Performance of (0.04), market risk adjusted performance of (0.19), and Coefficient Of Variation of (1,793) to confirm the risk estimate we provide. The company holds a Beta of 1.15, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, QURATE RETAIL will likely underperform. At this point, QURATE RETAIL INC has a negative expected return of -0.22%. Please make sure to check QURATE RETAIL's total risk alpha, potential upside, kurtosis, as well as the relationship between the treynor ratio and skewness , to decide if QURATE RETAIL INC performance from the past will be repeated at some future point.
Auto-correlation | -0.6 |
Good reverse predictability
QURATE RETAIL INC has good reverse predictability. Overlapping area represents the amount of predictability between QURATE RETAIL time series from 20th of November 2024 to 5th of December 2024 and 5th of December 2024 to 20th 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 INC price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current QURATE RETAIL price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.6 | |
| Spearman Rank Test | -0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
QURATE RETAIL INC 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 INC.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in QURATE Stock
QURATE RETAIL financial ratios help investors to determine whether QURATE 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 QURATE with respect to the benefits of owning QURATE RETAIL security.