QUALSTAR OTC Stock Market Value

QBAK -  USA Stock  

USD 2.21  0.09  3.91%

QUALSTAR CORP's market value is the price at which a share of QUALSTAR CORP stock trades on a public exchange. It measures the collective expectations of QUALSTAR CORP investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of QUALSTAR CORP and determine expected loss or profit from investing in QUALSTAR CORP over a given investment horizon. Please see QUALSTAR CORP Hype Analysis, QUALSTAR CORP Correlation, QUALSTAR CORP Valuation, QUALSTAR CORP Volatility, as well as analyze QUALSTAR CORP Alpha and Beta and QUALSTAR CORP Performance.
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Backtest


Is QUALSTAR CORP's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of QUALSTAR CORP. If investors know QUALSTAR will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about QUALSTAR CORP listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of QUALSTAR CORP is measured differently than its book value, which is the value of QUALSTAR that is recorded on the company's balance sheet. Investors also form their own opinion of QUALSTAR CORP's value that differs from its market value or its book value, called intrinsic value, which is QUALSTAR CORP's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because QUALSTAR CORP's market value can be influenced by many factors that don't directly affect QUALSTAR CORP's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between QUALSTAR CORP's value and its price as these two are different measures arrived at by different means. Investors typically determine QUALSTAR CORP value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, QUALSTAR CORP'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.

QUALSTAR CORP '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 QUALSTAR CORP's otc 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 QUALSTAR CORP.
0.00
03/23/2022
No Change 0.00  0.0 
In 2 months and 2 days
05/22/2022
0.00
If you would invest  0.00  in QUALSTAR CORP on March 23, 2022 and sell it all today you would earn a total of 0.00 from holding QUALSTAR CORP or generate 0.0% return on investment in QUALSTAR CORP over 60 days. QUALSTAR CORP is related to or competes with Abb. Qualstar Corporation engages in power solutions and data storage systems businesses worldwide

QUALSTAR CORP 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 QUALSTAR CORP's otc 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 QUALSTAR CORP upside and downside potential and time the market with a certain degree of confidence.

QUALSTAR CORP Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for QUALSTAR CORP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as QUALSTAR CORP's standard deviation. In reality, there are many statistical measures that can use QUALSTAR CORP historical prices to predict the future QUALSTAR CORP's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of QUALSTAR CORP'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. Please use the tools below to analyze the current value of QUALSTAR CORP in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.112.216.89
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Intrinsic
Valuation
LowReal ValueHigh
0.112.256.93
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Naive
Forecast
LowNext ValueHigh
0.044922.256.92
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Bollinger
Band Projection (param)
LowerMiddle BandUpper
2.172.262.35
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as QUALSTAR CORP. Your research has to be compared to or analyzed against QUALSTAR CORP's peers to derive any actionable benefits. When done correctly, QUALSTAR CORP's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in QUALSTAR CORP.

QUALSTAR CORP Backtested Returns

QUALSTAR CORP retains Efficiency (Sharpe Ratio) of -0.006, which implies the firm had -0.006% of return per unit of risk over the last 3 months. Macroaxis philosophy in forecasting the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. QUALSTAR CORP exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check QUALSTAR CORP market risk adjusted performance of (0.049059) to confirm the risk estimate we provide.
The company owns a Beta (Systematic Risk) of 0.6302, which implies possible diversification benefits within a given portfolio. Let's try to break down what QUALSTAR's beta means in this case. As returns on the market increase, QUALSTAR CORP returns are expected to increase less than the market. However, during the bear market, the loss on holding QUALSTAR CORP will be expected to be smaller as well. Even though it is essential to pay attention to QUALSTAR CORP existing price patterns, it is always good to be careful when utilizing equity price patterns. Our philosophy in forecasting any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. QUALSTAR CORP exposes twenty-one different technical indicators, which can help you to evaluate its performance. QUALSTAR CORP has an expected return of -0.0281%. Please be advised to check QUALSTAR CORP treynor ratio, and the relationship between the standard deviation and downside variance to decide if QUALSTAR CORP performance from the past will be repeated at future time.

Auto-correlation

    
  -0.05  

Very weak reverse predictability

QUALSTAR CORP has very weak reverse predictability. Overlapping area represents the amount of predictability between QUALSTAR CORP time series from 23rd of March 2022 to 22nd of April 2022 and 22nd of April 2022 to 22nd of May 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of QUALSTAR CORP price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current QUALSTAR CORP price fluctuation can be explain by its past prices.
Correlation Coefficient-0.05
Spearman Rank Test0.32
Residual Average0.0
Price Variance0.0

QUALSTAR CORP lagged returns against current returns

Autocorrelation, which is QUALSTAR CORP otc 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 QUALSTAR CORP's otc stock expected returns. We can calculate the autocorrelation of QUALSTAR CORP returns to help us make a trade decision. For example, suppose you find that QUALSTAR CORP otc stock 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 stock movement to match the lagging time series.
 Current and Lagged Values 
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      Timeline 

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

QUALSTAR CORP Lagged Returns

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

QUALSTAR CORP Investors Sentiment

The influence of QUALSTAR CORP's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in QUALSTAR. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards QUALSTAR CORP in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, QUALSTAR CORP's short interest history, or implied volatility extrapolated from QUALSTAR CORP options trading.

Current Sentiment - QBAK

QUALSTAR CORP Investor Sentiment

Most of Macroaxis users are at this time bullish on QUALSTAR CORP. What is your perspective on investing in QUALSTAR CORP? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Please see QUALSTAR CORP Hype Analysis, QUALSTAR CORP Correlation, QUALSTAR CORP Valuation, QUALSTAR CORP Volatility, as well as analyze QUALSTAR CORP Alpha and Beta and QUALSTAR CORP Performance. Note that the QUALSTAR CORP information on this page should be used as a complementary analysis to other QUALSTAR CORP'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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Complementary Tools for QUALSTAR OTC Stock analysis

When running QUALSTAR CORP price analysis, check to measure QUALSTAR CORP'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 QUALSTAR CORP is operating at the current time. Most of QUALSTAR CORP's value examination focuses on studying past and present price action to predict the probability of QUALSTAR CORP's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move QUALSTAR CORP's price. Additionally, you may evaluate how the addition of QUALSTAR CORP to your portfolios can decrease your overall portfolio volatility.
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QUALSTAR CORP technical otc stock 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, stock market cycles, or different charting patterns.
A focus of QUALSTAR CORP technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of QUALSTAR CORP trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...