Queens Road Capital Stock Market Value
BRSGF Stock | USD 0.65 0.01 1.56% |
Symbol | Queens |
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.
04/09/2022 |
| 03/29/2024 |
If you would invest 0.00 in Queens Road on April 9, 2022 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 720 days. Queens Road is related to or competes with Blackstone, BlackRock, Apollo Global, Investor, Ameriprise Financial, Bank of New York, and Ares Management. 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.
Downside Deviation | 5.36 | |||
Information Ratio | 0.0833 | |||
Maximum Drawdown | 23.76 | |||
Value At Risk | (3.45) | |||
Potential Upside | 5.0 |
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.Risk Adjusted Performance | 0.08 | |||
Jensen Alpha | 0.3481 | |||
Total Risk Alpha | (0.29) | |||
Sortino Ratio | 0.0456 | |||
Treynor Ratio | 2.17 |
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.
Queens Road Capital Backtested Returns
Queens Road appears to be extremely dangerous, given 3 months investment horizon. Queens Road Capital maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Queens Road Capital, which you can use to evaluate the volatility of the company. Please evaluate Queens Road's Risk Adjusted Performance of 0.08, coefficient of variation of 773.3, and Semi Deviation of 1.51 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Queens Road holds a performance score of 8. The company holds a Beta of 0.17, 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. Please check Queens Road's coefficient of variation, potential upside, day median price, as well as the relationship between the sortino ratio and skewness , to make a quick decision on whether Queens Road's historical price patterns will revert.
Auto-correlation | 0.33 |
Below average predictability
Queens Road Capital has below average predictability. Overlapping area represents the amount of predictability between Queens Road time series from 9th of April 2022 to 4th of April 2023 and 4th of April 2023 to 29th of March 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 0.33 indicates that nearly 33.0% of current Queens Road price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.33 | |
Spearman Rank Test | 0.59 | |
Residual Average | 0.0 | |
Price Variance | 0.0 |
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 |
Pair Trading with Queens Road
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Queens Road position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Queens Road will appreciate offsetting losses from the drop in the long position's value.Moving together with Queens Pink Sheet
0.86 | APO | Apollo Global Management Financial Report 14th of May 2024 | PairCorr |
0.68 | IVSXF | Investor AB | PairCorr |
Moving against Queens Pink Sheet
0.51 | PTAIF | PT Astra International | PairCorr |
0.44 | PTAIY | Astra International Tbk | PairCorr |
The ability to find closely correlated positions to Queens Road could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Queens Road when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Queens Road - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Queens Road Capital to buy it.
The correlation of Queens Road is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Queens Road moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Queens Road Capital moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Queens Road can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Queens Road Correlation, Queens Road Volatility and Queens Road Alpha and Beta module to complement your research on Queens Road. Note that the Queens Road Capital information on this page should be used as a complementary analysis to other Queens Road's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for Queens Pink Sheet analysis
When running Queens Road's price analysis, check to measure Queens Road's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Queens Road is operating at the current time. Most of Queens Road's value examination focuses on studying past and present price action to predict the probability of Queens Road's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Queens Road's price. Additionally, you may evaluate how the addition of Queens Road to your portfolios can decrease your overall portfolio volatility.
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Queens Road technical pink sheet 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, pink sheet market cycles, or different charting patterns.