Queen City Investments Stock Market Value
| QUCT Stock | USD 1,418 0.80 0.06% |
| Symbol | Queen |
Please note, there is a significant difference between Queen City's value and its price as these two are different measures arrived at by different means. Investors typically determine if Queen City is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Queen City'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.
Queen City '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 Queen City'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 Queen City.
| 11/15/2022 |
| 10/05/2024 |
If you would invest 0.00 in Queen City on November 15, 2022 and sell it all today you would earn a total of 0.00 from holding Queen City Investments or generate 0.0% return on investment in Queen City over 690 days. Queen City is related to or competes with Farmers, Pardee Resources, Boswell J, Reserve Petroleum, and National Stock. More
Queen City 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 Queen City'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 Queen City Investments upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0175 | |||
| Maximum Drawdown | 11.32 | |||
| Value At Risk | (0.28) | |||
| Potential Upside | 1.88 |
Queen City Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Queen City's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Queen City's standard deviation. In reality, there are many statistical measures that can use Queen City historical prices to predict the future Queen City's volatility.| Risk Adjusted Performance | 0.0851 | |||
| Jensen Alpha | 0.1 | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | 0.4467 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Queen City'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.
Queen City Investments Backtested Returns
Queen City appears to be very steady, given 3 months investment horizon. Queen City Investments maintains Sharpe Ratio (i.e., Efficiency) of 0.16, which implies the firm had a 0.16% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Queen City Investments, which you can use to evaluate the volatility of the company. Please evaluate Queen City's Variance of 2.02, coefficient of variation of 1005.66, and Risk Adjusted Performance of 0.0851 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Queen City holds a performance score of 12. The company holds a Beta of 0.29, which implies not very significant fluctuations relative to the market. As returns on the market increase, Queen City's returns are expected to increase less than the market. However, during the bear market, the loss of holding Queen City is expected to be smaller as well. Please check Queen City's total risk alpha, as well as the relationship between the daily balance of power and period momentum indicator , to make a quick decision on whether Queen City's historical price patterns will revert.
Auto-correlation | 0.01 |
Virtually no predictability
Queen City Investments has virtually no predictability. Overlapping area represents the amount of predictability between Queen City time series from 15th of November 2022 to 26th of October 2023 and 26th of October 2023 to 5th of October 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 Queen City Investments price movement. The serial correlation of 0.01 indicates that just 1.0% of current Queen City price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 3936.73 |
Queen City Investments lagged returns against current returns
Autocorrelation, which is Queen City 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 Queen City's pink sheet expected returns. We can calculate the autocorrelation of Queen City returns to help us make a trade decision. For example, suppose you find that Queen City 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 |
Queen City 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 Queen City pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Queen City pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Queen City pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Queen City Lagged Returns
When evaluating Queen City's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Queen City pink sheet have on its future price. Queen City 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, Queen City autocorrelation shows the relationship between Queen City pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Queen City Investments.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Queen Pink Sheet Analysis
When running Queen City's price analysis, check to measure Queen City'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 Queen City is operating at the current time. Most of Queen City's value examination focuses on studying past and present price action to predict the probability of Queen City's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Queen City's price. Additionally, you may evaluate how the addition of Queen City to your portfolios can decrease your overall portfolio volatility.