Queens Road Capital Stock Market Value

BRSGF Stock  USD 0.59  0.04  7.27%   
Queens Road's market value is the price at which a share of Queens Road trades on a public exchange. It measures the collective expectations of Queens Road Capital investors about its performance. Queens Road is trading at 0.59 as of the 23rd of July 2024. This is a 7.27 percent increase since the beginning of the trading day. The stock's lowest day price was 0.59.
With this module, you can estimate the performance of a buy and hold strategy of Queens Road Capital and determine expected loss or profit from investing in Queens Road over a given investment horizon. Check out Queens Road Correlation, Queens Road Volatility and Queens Road Alpha and Beta module to complement your research on Queens Road.
Symbol

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

Queens Road '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 Queens Road'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 Queens Road.
0.00
06/23/2024
No Change 0.00  0.0 
In 30 days
07/23/2024
0.00
If you would invest  0.00  in Queens Road on June 23, 2024 and sell it all today you would earn a total of 0.00 from holding Queens Road Capital or generate 0.0% return on investment in Queens Road over 30 days. Queens Road is related to or competes with Brookfield Real, T Rowe, Ares Capital, BlackRock, Brookfield Asset, KKR Co, and Blackstone. Queens Road Capital Investment Ltd., a resource focused investment company, invests in privately held and publicly trade... More

Queens Road 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 Queens Road'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 Queens Road Capital upside and downside potential and time the market with a certain degree of confidence.

Queens Road Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Queens Road's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Queens Road's standard deviation. In reality, there are many statistical measures that can use Queens Road historical prices to predict the future Queens Road's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Queens Road'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.
Hype
Prediction
LowEstimatedHigh
0.030.592.40
Details
Intrinsic
Valuation
LowRealHigh
0.030.512.32
Details
Naive
Forecast
LowNextHigh
0.010.572.38
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.550.590.62
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Queens Road. Your research has to be compared to or analyzed against Queens Road's peers to derive any actionable benefits. When done correctly, Queens Road's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Queens Road Capital.

Queens Road Capital Backtested Returns

Queens Road Capital 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. Queens Road Capital exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Queens Road's Variance of 2.17, coefficient of variation of (475.36), and Risk Adjusted Performance of (0.13) to confirm the risk estimate we provide. The company holds a Beta of 0.23, which implies not very significant fluctuations relative to the market. As returns on the market increase, Queens Road's returns are expected to increase less than the market. However, during the bear market, the loss of holding Queens Road is expected to be smaller as well. At this point, Queens Road Capital has a negative expected return of -0.22%. Please make sure to check Queens Road's variance, as well as the relationship between the skewness and day median price , to decide if Queens Road Capital performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.57  

Modest predictability

Queens Road Capital has modest predictability. Overlapping area represents the amount of predictability between Queens Road time series from 23rd of June 2024 to 8th of July 2024 and 8th of July 2024 to 23rd of July 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 Queens Road Capital price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current Queens Road price fluctuation can be explain by its past prices.
Correlation Coefficient0.57
Spearman Rank Test-0.13
Residual Average0.0
Price Variance0.0

Queens Road Capital lagged returns against current returns

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

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

Queens Road Lagged Returns

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

Currently Active Assets on Macroaxis

Other Information on Investing in Queens Pink Sheet

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