Quest Resource Holding Stock Price on May 3, 2024
QRHC Stock | USD 6.04 0.11 1.79% |
If you're considering investing in Quest Stock, it is important to understand the factors that can impact its price. As of today, the current price of Quest Resource stands at 6.04, as last reported on the 9th of January, with the highest price reaching 6.11 and the lowest price hitting 5.87 during the day. Quest Resource Holding maintains Sharpe Ratio (i.e., Efficiency) of -0.17, which implies the firm had a -0.17% return per unit of risk over the last 3 months. Quest Resource Holding exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Quest Resource's Risk Adjusted Performance of (0.13), variance of 7.57, and Coefficient Of Variation of (589.26) to confirm the risk estimate we provide.
Quest Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Quest |
Sharpe Ratio = -0.1697
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Estimated Market Risk
2.75 actual daily | 24 76% of assets are more volatile |
Expected Return
-0.47 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Quest Resource is not performing at its full potential. However, 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 Quest Resource by adding Quest Resource to a well-diversified portfolio.
Related Headline
Montrose Environmental Headline on 3rd of May 2024
Filed transaction by Montrose Environmental Grp Officer Chief Financial Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3
Quest Resource Valuation on May 3, 2024
It is possible to determine the worth of Quest Resource on a given historical date. On May 3, 2024 Quest was worth 10.2 at the beginning of the trading date compared to the closed value of 10.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Quest Resource stock. Still, in general, we apply an absolute valuation method to find Quest Resource'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 Quest Resource where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Quest Resource's related companies.
Open | High | Low | Close | Volume | |
10.44 | 10.44 | 10.10 | 10.20 | 42,473 | |
05/03/2024 | 10.20 | 10.28 | 10.13 | 10.25 | 36,751 |
10.22 | 10.70 | 10.22 | 10.66 | 51,012 |
Backtest Quest Resource | | | Quest Resource History | | | Quest Resource Valuation | Previous | Next |
Quest Resource Trading Date Momentum on May 3, 2024
On May 06 2024 Quest Resource Holding was traded for 10.66 at the closing time. The top price for the day was 10.70 and the lowest listed price was 10.22 . The trading volume for the day was 51 K. The trading history from May 6, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 4.00% . The trading delta at closing time against the current closing price is 5.95% . |
Quest Resource Holding Fundamentals Correlations and Trends
By evaluating Quest Resource'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 Quest Resource's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Quest financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Quest Resource Stock history
Quest Resource 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 Quest is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Quest Resource Holding 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 Quest Resource stock prices may prove useful in developing a viable investing in Quest Resource
Quest Resource Holding Corporation, together with its subsidiaries, provides solutions for the reuse, recycling, and disposal of various waste streams and recyclables in the United States. Quest Resource Holding Corporation was incorporated in 2002 and is based in The Colony, Texas. Quest Resource operates under Waste Management classification in the United States and is traded on NASDAQ Exchange. It employs 188 people.
Quest Resource Stock Technical Analysis
Quest Resource 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.
Price Boundaries
Quest Resource Period Price Range
Low | January 9, 2025
| High |
0.00 | 0.00 |
Quest Resource Holding cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Quest Resource January 9, 2025 Market Strength
Market strength indicators help investors to evaluate how Quest Resource stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Quest Resource shares will generate the highest return on investment. By undertsting and applying Quest Resource stock market strength indicators, traders can identify Quest Resource Holding entry and exit signals to maximize returns
Quest Resource Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Quest Resource's price direction in advance. Along with the technical and fundamental analysis of Quest Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Quest 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.
Risk Adjusted Performance | (0.13) | |||
Jensen Alpha | (0.49) | |||
Total Risk Alpha | (0.54) | |||
Treynor Ratio | (0.55) |
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Volume Indicators |
Complementary Tools for Quest Stock analysis
When running Quest Resource's price analysis, check to measure Quest Resource'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 Quest Resource is operating at the current time. Most of Quest Resource's value examination focuses on studying past and present price action to predict the probability of Quest Resource's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quest Resource's price. Additionally, you may evaluate how the addition of Quest Resource to your portfolios can decrease your overall portfolio volatility.
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