QAITX Mutual Fund Manager Performance Evaluation

QAITX
 Fund
  

USD 9.57  0.07  0.74%   

The entity owns a Beta (Systematic Risk) of -0.0356, which implies not very significant fluctuations relative to the market. Let's try to break down what QAITX's beta means in this case. As returns on the market increase, returns on owning Q3 All-Weather are expected to decrease at a much lower rate. During the bear market, Q3 All-Weather is likely to outperform the market. Although it is important to respect Q3 All-Weather Tactical existing price patterns, it is better to be realistic regarding the information on the equity's price patterns. The way in which we are forecasting future performance of any fund is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By reviewing Q3 All-Weather Tactical technical indicators, you can at this moment evaluate if the expected return of 0.0366% will be sustainable into the future.
  
QAITX Performance
4 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Q3 All-Weather Tactical are ranked lower than 4 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Q3 All-Weather is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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QAITX Price Channel

Fifty Two Week Low9.02
Fifty Two Week High14.03
Annual Report Expense Ratio1.59%

Q3 All-Weather Relative Risk vs. Return Landscape

If you would invest  936.00  in Q3 All-Weather Tactical on May 20, 2022 and sell it today you would earn a total of  20.00  from holding Q3 All-Weather Tactical or generate 2.14% return on investment over 90 days. Q3 All-Weather Tactical is currently producing 0.0366% returns and takes up 0.6239% volatility of returns over 90 trading days. Put another way, 5% of traded mutual funds are less volatile than QAITX, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Daily Expected Return (%)  
       Risk (%)  
Assuming the 90 days horizon Q3 All-Weather is expected to generate 3.89 times less return on investment than the market. But when comparing it to its historical volatility, the company is 1.88 times less risky than the market. It trades about 0.06 of its potential returns per unit of risk. The DOW is currently generating roughly 0.12 of returns per unit of risk over similar time horizon.

Q3 All-Weather Current Valuation

Fairly Valued
Today 9.57
Please note that Q3 All-Weather's price fluctuation is very steady at this time.
Q3 All-Weather Tactical owns a latest Real Value of $9.5 per share. The recent price of the fund is $9.57. At this time, the entity appears to be fairly valued. We determine the value of Q3 All-Weather Tactical from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support acquiring undervalued mutual funds and dropping overvalued mutual funds since, sooner or later, mutual fund prices and their ongoing real values will converge.
Our valuation method for Q3 All-Weather Tactical is useful when determining the fair value of the QAITX mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Q3 All-Weather. Since Q3 All-Weather is currently traded on the exchange, buyers and sellers on that exchange determine the market value of QAITX Mutual Fund. However, Q3 All-Weather's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
9.50
Real Value
10.12
Upside
Estimating the potential upside or downside of Q3 All-Weather Tactical helps investors to forecast how QAITX mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Q3 All-Weather more accurately as focusing exclusively on Q3 All-Weather's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.059.369.67
Details
Hype
Prediction
LowEstimated ValueHigh
8.959.5710.19
Details
Potential
Annual Dividend
LowIncome Per ShareHigh
0.870.920.98
Details

Q3 All-Weather Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Q3 All-Weather's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Q3 All-Weather Tactical, and traders can use it to determine the average amount a Q3 All-Weather's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0586

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Negative ReturnsQAITX
Estimated Market Risk
 0.62
  actual daily
 
 5 %
of total potential
 
55
Expected Return
 0.04
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 0.06
  actual daily
 
 4 %
of total potential
 
44
Based on monthly moving average Q3 All-Weather is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Q3 All-Weather by adding it to a well-diversified portfolio.

About Q3 All-Weather Performance

To evaluate Q3 All-Weather Tactical Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Q3 All-Weather generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare QAITX Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Q3 All-Weather Tactical market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents QAITX's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
The investment seeks a positive rate of return over a calendar year regardless of market conditions. Q3 All-Weather is traded on NASDAQ Exchange in the United States.

Things to note about Q3 All-Weather Tactical

Checking the ongoing alerts about Q3 All-Weather for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Q3 All-Weather Tactical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Q3 All-Weather Alerts

Equity Alerts and Improvement Suggestions

Q3 All-Weather is unlikely to experience financial distress in the next 2 years
The fund maintains about 96.68% of its assets in bonds
Please see Your Equity Center. Note that the Q3 All-Weather Tactical information on this page should be used as a complementary analysis to other Q3 All-Weather'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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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When running Q3 All-Weather Tactical price analysis, check to measure Q3 All-Weather'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 Q3 All-Weather is operating at the current time. Most of Q3 All-Weather's value examination focuses on studying past and present price action to predict the probability of Q3 All-Weather's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Q3 All-Weather's price. Additionally, you may evaluate how the addition of Q3 All-Weather to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Q3 All-Weather's value and its price as these two are different measures arrived at by different means. Investors typically determine Q3 All-Weather value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Q3 All-Weather'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.