Ionq Inc Stock Price on June 7, 2024

IONQ Stock  USD 44.58  3.26  7.89%   
If you're considering investing in IONQ Stock, it is important to understand the factors that can impact its price. As of today, the current price of IONQ stands at 44.58, as last reported on the 25th of December, with the highest price reaching 45.40 and the lowest price hitting 39.84 during the day. IONQ is slightly risky given 3 months investment horizon. IONQ Inc holds Efficiency (Sharpe) Ratio of 0.34, which attests that the entity had a 0.34% return per unit of volatility over the last 3 months. We were able to interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 3.16% are justified by taking the suggested risk. Use IONQ Inc risk adjusted performance of 0.2726, and Market Risk Adjusted Performance of 0.861 to evaluate company specific risk that cannot be diversified away.
  
At this time, IONQ's Stock Based Compensation is relatively stable compared to the past year. As of 12/25/2024, Stock Based Compensation To Revenue is likely to grow to 3.84, while Total Stockholder Equity is likely to drop slightly above 387.7 M. . At this time, IONQ's Price Book Value Ratio is relatively stable compared to the past year. As of 12/25/2024, Price To Book Ratio is likely to grow to 7.98, though Price Earnings To Growth Ratio is likely to grow to (0.07). IONQ Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.3387

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Estimated Market Risk

 9.32
  actual daily
82
82% of assets are less volatile

Expected Return

 3.16
  actual daily
63
63% of assets have lower returns

Risk-Adjusted Return

 0.34
  actual daily
26
74% of assets perform better
Based on monthly moving average IONQ is performing at about 26% 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 IONQ by adding it to a well-diversified portfolio.
Price Book
20.5226
Enterprise Value Ebitda
(10.33)
Price Sales
238.6324
Shares Float
195.1 M
Wall Street Target Price
36

Related Headline

Cricut Headline on 7th of June 2024

Filed transaction by Cricut Inc 10 Percent Owner. Grant, award or other acquisition pursuant to Rule 16b-3

IONQ Valuation on June 7, 2024

It is possible to determine the worth of IONQ on a given historical date. On June 7, 2024 IONQ was worth 7.71 at the beginning of the trading date compared to the closed value of 7.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IONQ stock. Still, in general, we apply an absolute valuation method to find IONQ's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of IONQ where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IONQ's related companies.
 Open High Low Close Volume
  7.86    7.87    7.70    7.83    2,526,360  
06/07/2024
  7.71    8.12    7.67    7.86    3,649,259  
  7.80    8.31    7.74    8.22    3,636,863  
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Open Value
7.71
7.86
Closing Value
35.66
Upside

IONQ Trading Date Momentum on June 7, 2024

On June 10 2024 IONQ Inc was traded for  8.22  at the closing time. The top price for the day was 8.31  and the lowest listed price was  7.74 . The trading volume for the day was 3.6 M. The trading history from June 10, 2024 was a factor to the next trading day price gain. The trading delta at closing time against the next closing price was 4.58% . The trading delta at closing time against the current closing price is 3.18% .

IONQ Inc Fundamentals Correlations and Trends

By evaluating IONQ's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among IONQ's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. IONQ financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About IONQ Stock history

IONQ investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for IONQ is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in IONQ Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing IONQ stock prices may prove useful in developing a viable investing in IONQ
Last ReportedProjected for Next Year
Common Stock Shares Outstanding202.6 M157.6 M
Net Loss-43.7 M-45.8 M

IONQ Quarterly Net Working Capital

374.07 Million

IONQ Stock Technical Analysis

IONQ technical 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 IONQ technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of IONQ 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...

Price Boundaries

IONQ Period Price Range

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December 25, 2024
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IONQ Inc cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

IONQ December 25, 2024 Market Strength

Market strength indicators help investors to evaluate how IONQ stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading IONQ shares will generate the highest return on investment. By undertsting and applying IONQ stock market strength indicators, traders can identify IONQ Inc entry and exit signals to maximize returns

IONQ Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for IONQ's price direction in advance. Along with the technical and fundamental analysis of IONQ Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of IONQ to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for IONQ Stock Analysis

When running IONQ's price analysis, check to measure IONQ'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 IONQ is operating at the current time. Most of IONQ's value examination focuses on studying past and present price action to predict the probability of IONQ's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IONQ's price. Additionally, you may evaluate how the addition of IONQ to your portfolios can decrease your overall portfolio volatility.