Quantum Blockchain (UK) Price on June 26, 2024

QBT Stock   0.70  0.03  4.11%   
Below is the normalized historical share price chart for Quantum Blockchain Technologies extending back to June 07, 2000. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Quantum Blockchain stands at 0.70, as last reported on the 29th of December, with the highest price reaching 0.75 and the lowest price hitting 0.66 during the day.
200 Day MA
0.8084
50 Day MA
0.7895
Beta
1.566
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Quantum Stock, it is important to understand the factors that can impact its price. Quantum Blockchain appears to be abnormally volatile, given 3 months investment horizon. Quantum Blockchain maintains Sharpe Ratio (i.e., Efficiency) of 0.0971, which implies the firm had a 0.0971% return per unit of risk over the last 3 months. By analyzing Quantum Blockchain's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please evaluate Quantum Blockchain's Semi Deviation of 3.33, coefficient of variation of 939.64, and Risk Adjusted Performance of 0.0933 to confirm if our risk estimates are consistent with your expectations.
  
At present, Quantum Blockchain's Common Stock is projected to increase significantly based on the last few years of reporting. The current year's Stock Based Compensation is expected to grow to about 793.3 K, whereas Liabilities And Stockholders Equity is forecasted to decline to about 5.6 M. . Quantum Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0971

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Estimated Market Risk

 5.24
  actual daily
46
54% of assets are more volatile

Expected Return

 0.51
  actual daily
10
90% of assets have higher returns

Risk-Adjusted Return

 0.1
  actual daily
7
93% of assets perform better
Based on monthly moving average Quantum Blockchain is performing at about 7% 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 Quantum Blockchain by adding it to a well-diversified portfolio.
Price Book
1.2398
Book Value
(0)
Enterprise Value
13.6 M
Enterprise Value Ebitda
(3.46)
Price Sales
10.9 K

Quantum Blockchain Valuation on June 26, 2024

It is possible to determine the worth of Quantum Blockchain on a given historical date. On June 26, 2024 Quantum was worth 0.73 at the beginning of the trading date compared to the closed value of 0.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Quantum Blockchain stock. Still, in general, we apply an absolute valuation method to find Quantum Blockchain'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 Quantum Blockchain where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Quantum Blockchain's related companies.
 Open High Low Close Volume
  0.75    0.80    0.70    0.75    1,851,560  
06/26/2024
  0.73    0.80    0.71    0.75    5,455,996  
  0.75    0.85    0.70    0.83    7,690,458  
Backtest Quantum Blockchain  |  Quantum Blockchain History  |  Quantum Blockchain Valuation   PreviousNext  
Open Value
0.73
0.75
Closing Value
16.45
Upside

Quantum Blockchain Trading Date Momentum on June 26, 2024

On June 27 2024 Quantum Blockchain Technologies was traded for  0.83  at the closing time. The highest price during the trading period was 0.85  and the lowest recorded bid was listed for  0.70 . The volume for the day was 7.7 M. This history from June 27, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 10.67% . The trading delta at closing time to the current price is 9.33% .

Quantum Blockchain Fundamentals Correlations and Trends

By evaluating Quantum Blockchain'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 Quantum Blockchain's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Quantum financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Quantum Blockchain Stock history

Quantum Blockchain 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 Quantum is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Quantum Blockchain 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 Quantum Blockchain stock prices may prove useful in developing a viable investing in Quantum Blockchain
Last ReportedProjected for Next Year
Common Stock Shares Outstanding1.1 B1.2 B
Net Loss-4.9 M-4.6 M

Quantum Blockchain Stock Technical Analysis

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

Quantum Blockchain Period Price Range

Low
December 29, 2024
0.00  NaN%
High

 0.00 

     

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Quantum Blockchain Technologies cannot be verified against its exchange. Please verify the symbol is currently traded on London 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.

Quantum Blockchain December 29, 2024 Market Strength

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

Quantum Blockchain Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Quantum Blockchain's price direction in advance. Along with the technical and fundamental analysis of Quantum Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Quantum 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.

Complementary Tools for Quantum Stock analysis

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