Quaker Investment Trust Etf Market Value
| OWNS Etf | USD 16.73 0.02 0.12% |
| Symbol | Quaker |
The market value of Quaker Investment Trust is measured differently than its book value, which is the value of Quaker that is recorded on the company's balance sheet. Investors also form their own opinion of Quaker Investment's value that differs from its market value or its book value, called intrinsic value, which is Quaker Investment's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Quaker Investment's market value can be influenced by many factors that don't directly affect Quaker Investment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Quaker Investment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Quaker Investment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Quaker Investment'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.
Quaker Investment '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 Quaker Investment's etf 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 Quaker Investment.
| 04/11/2024 |
| 05/11/2024 |
If you would invest 0.00 in Quaker Investment on April 11, 2024 and sell it all today you would earn a total of 0.00 from holding Quaker Investment Trust or generate 0.0% return on investment in Quaker Investment over 30 days. Quaker Investment is related to or competes with Schwab Short, Schwab International, Schwab TIPS, Schwab Aggregate, and Schwab Fundamental. Under normal circumstances, the fund will invest at least 80 percent of its net assets in mortgage-backed securities bac... More
Quaker Investment 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 Quaker Investment's etf 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 Quaker Investment Trust upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 4.04 | |||
| Value At Risk | (0.88) | |||
| Potential Upside | 0.6659 |
Quaker Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Quaker Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Quaker Investment's standard deviation. In reality, there are many statistical measures that can use Quaker Investment historical prices to predict the future Quaker Investment's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | (0.05) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Quaker Investment'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.
Quaker Investment Trust Backtested Returns
Quaker Investment Trust maintains Sharpe Ratio (i.e., Efficiency) of -0.0147, which implies the entity had a -0.0147% return per unit of risk over the last 3 months. Quaker Investment Trust exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Quaker Investment's Coefficient Of Variation of (5,259), risk adjusted performance of (0.01), and Variance of 0.334 to confirm the risk estimate we provide. The etf holds a Beta of 0.41, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Quaker Investment's returns are expected to increase less than the market. However, during the bear market, the loss of holding Quaker Investment is expected to be smaller as well.
Auto-correlation | -0.41 |
Modest reverse predictability
Quaker Investment Trust has modest reverse predictability. Overlapping area represents the amount of predictability between Quaker Investment time series from 11th of April 2024 to 26th of April 2024 and 26th of April 2024 to 11th of May 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 Quaker Investment Trust price movement. The serial correlation of -0.41 indicates that just about 41.0% of current Quaker Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.41 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Quaker Investment Trust lagged returns against current returns
Autocorrelation, which is Quaker Investment etf'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 Quaker Investment's etf expected returns. We can calculate the autocorrelation of Quaker Investment returns to help us make a trade decision. For example, suppose you find that Quaker Investment has exhibited high autocorrelation historically, and you observe that the etf 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 |
Quaker Investment 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 Quaker Investment etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Quaker Investment etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Quaker Investment etf over time.
Current vs Lagged Prices |
| Timeline |
Quaker Investment Lagged Returns
When evaluating Quaker Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Quaker Investment etf have on its future price. Quaker Investment 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, Quaker Investment autocorrelation shows the relationship between Quaker Investment etf current value and its past values and can show if there is a momentum factor associated with investing in Quaker Investment Trust.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Quaker Investment in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Quaker Investment's short interest history, or implied volatility extrapolated from Quaker Investment options trading.
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Quaker Investment technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.