Queste Communications (Australia) Market Value
| QUE Stock | 0.04 0 4.88% |
| Symbol | Queste |
Queste Communications '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 Queste Communications' stock 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 Queste Communications.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in Queste Communications on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding Queste Communications or generate 0.0% return on investment in Queste Communications over 90 days. Queste Communications is related to or competes with Ainsworth Game, Mayfield Childcare, Sigma Healthcare, Super Retail, Ramsay Health, and Fisher Paykel. Queste Communications is entity of Australia More
Queste Communications 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 Queste Communications' stock 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 Queste Communications upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 11.36 |
Queste Communications Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Queste Communications' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Queste Communications' standard deviation. In reality, there are many statistical measures that can use Queste Communications historical prices to predict the future Queste Communications' volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | (0.30) |
Queste Communications Backtested Returns
Currently, Queste Communications is out of control. Queste Communications maintains Sharpe Ratio (i.e., Efficiency) of close to zero, which implies the firm had a close to zero % return per unit of risk over the last 3 months. We have found nineteen technical indicators for Queste Communications, which you can use to evaluate the volatility of the company. Please check Queste Communications' Risk Adjusted Performance of (0.09), variance of 2.72, and Coefficient Of Variation of (979.18) to confirm if the risk estimate we provide is consistent with the expected return of 0.004%. The company holds a Beta of 0.6, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Queste Communications' returns are expected to increase less than the market. However, during the bear market, the loss of holding Queste Communications is expected to be smaller as well. Queste Communications right now holds a risk of 0.89%. Please check Queste Communications standard deviation, information ratio, total risk alpha, as well as the relationship between the variance and jensen alpha , to decide if Queste Communications will be following its historical price patterns.
Auto-correlation | -0.09 |
Very weak reverse predictability
Queste Communications has very weak reverse predictability. Overlapping area represents the amount of predictability between Queste Communications time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Queste Communications price movement. The serial correlation of -0.09 indicates that less than 9.0% of current Queste Communications price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Queste Communications lagged returns against current returns
Autocorrelation, which is Queste Communications stock'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 Queste Communications' stock expected returns. We can calculate the autocorrelation of Queste Communications returns to help us make a trade decision. For example, suppose you find that Queste Communications has exhibited high autocorrelation historically, and you observe that the stock 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 |
Queste Communications 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 Queste Communications stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Queste Communications stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Queste Communications stock over time.
Current vs Lagged Prices |
| Timeline |
Queste Communications Lagged Returns
When evaluating Queste Communications' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Queste Communications stock have on its future price. Queste Communications 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, Queste Communications autocorrelation shows the relationship between Queste Communications stock current value and its past values and can show if there is a momentum factor associated with investing in Queste Communications.
Regressed Prices |
| Timeline |
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Additional Tools for Queste Stock Analysis
When running Queste Communications' price analysis, check to measure Queste Communications' 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 Queste Communications is operating at the current time. Most of Queste Communications' value examination focuses on studying past and present price action to predict the probability of Queste Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Queste Communications' price. Additionally, you may evaluate how the addition of Queste Communications to your portfolios can decrease your overall portfolio volatility.