The organization holds Beta of -0.16 which implies as returns on market increase, returns on owning Qualitau Ltd are expected to decrease at a much smaller rate. During bear market, Qualitau Ltd is likely to outperform the market. Even though it is essential to pay attention to Qualitau Ltd
current trending patterns, it is always good to be careful when utilizing equity existing price patterns
. Macroaxis philosophy towards forecasting future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators
. Qualitau Ltd exposes twenty-one different technical indicators which can help you to evaluate its performance. Qualitau Ltd
has expected return of -0.2122%. Please be advised to check Qualitau Ltd Coefficient Of Variation
and the relationship
between Downside Deviation
and Standard Deviation
to decide if Qualitau Ltd
past performance will be repeated at some point in the near future.
Over the last 30 days Qualitau Ltd has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Stock's basic indicators remain somewhat strong which may send shares a bit higher in June 2019. The current disturbance may also be a sign of long term up-swing for the company investors.
|Fifty Two Week Low||1,361.00|
|Fifty Two Week High||2,587.00|