We recommend to use Quantum Numbers analysis to find out if markets are presently mispricing the firm. We were able to interpolate twenty-four available financial ratios for Quantum Numbers, which can be compared to its competitors. The stock experiences a somewhat bearish sentiment, but the market may correct it shortly. Check odds of Quantum Numbers to be traded at C$0.6596 in 90 days. Key indicators impacting Quantum Numbers' financial strength include:
Please note, the imprecision that can be found in Quantum Numbers' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Quantum Numbers. Check Quantum Numbers' Beneish M Score to see the likelihood of Quantum Numbers' management manipulating its earnings.
Quantum Numbers Stock Summary
Quantum Numbers Corp. develops cryptographic solutions based on quantum random number generator in Canada. Quantum Numbers Corp. was incorporated in 2007 and is headquartered in Brossard, Canada. QUANTUM NUMBERS operates under Semiconductors classification in Canada and is traded on TSX Venture Exchange.
Foreign Associate
Vietnam
Specialization
Information Technology, Semiconductors & Semiconductor Equipment
You should never invest in Quantum Numbers without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Quantum Stock, because this is throwing your money away. Analyzing the key information contained in Quantum Numbers' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Quantum Numbers Key Financial Ratios
There are many critical financial ratios that Quantum Numbers' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Quantum Numbers reports annually and quarterly.
Comparative valuation techniques use various fundamental indicators to help in determining Quantum Numbers's current stock value. Our valuation model uses many indicators to compare Quantum Numbers value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Quantum Numbers competition to find correlations between indicators driving Quantum Numbers's intrinsic value. More Info.
Quantum Numbers is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers . At this time, Quantum Numbers' Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Quantum Numbers' earnings, one of the primary drivers of an investment's value.
Quantum Numbers Systematic Risk
Quantum Numbers' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Quantum Numbers volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Quantum Numbers correlated with the market. If Beta is less than 0 Quantum Numbers generally moves in the opposite direction as compared to the market. If Quantum Numbers Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Quantum Numbers is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Quantum Numbers is generally in the same direction as the market. If Beta > 1 Quantum Numbers moves generally in the same direction as, but more than the movement of the benchmark.
Quantum Numbers Total Assets Over Time
Today, most investors in Quantum Numbers Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Quantum Numbers' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Quantum Numbers growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Quantum Numbers help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Quantum Numbers. We use our internally-developed statistical techniques to arrive at the intrinsic value of Quantum Numbers based on widely used predictive technical indicators. In general, we focus on analyzing Quantum Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Quantum Numbers's daily price indicators and compare them against related drivers.
When running Quantum Numbers' price analysis, check to measure Quantum Numbers' 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 Quantum Numbers is operating at the current time. Most of Quantum Numbers' value examination focuses on studying past and present price action to predict the probability of Quantum Numbers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quantum Numbers' price. Additionally, you may evaluate how the addition of Quantum Numbers to your portfolios can decrease your overall portfolio volatility.