Quarterhill Stock Price on June 29, 2023
QTRH Stock | CAD 1.63 0.05 2.98% |
If you're considering investing in Quarterhill Stock, it is important to understand the factors that can impact its price. As of today, the current price of Quarterhill stands at 1.63, as last reported on the 3rd of March, with the highest price reaching 1.67 and the lowest price hitting 1.61 during the day. Quarterhill maintains Sharpe Ratio (i.e., Efficiency) of close to zero, which implies the firm had a close to zero % return per unit of risk over the last 3 months. Quarterhill exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Quarterhill's Coefficient Of Variation of 10336.85, semi deviation of 1.82, and Risk Adjusted Performance of 0.0134 to confirm the risk estimate we provide.
Quarterhill Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Quarterhill |
Sharpe Ratio = -4.0E-4
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Estimated Market Risk
1.97 actual daily | 17 83% of assets are more volatile |
Expected Return
0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Quarterhill 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 Quarterhill by adding Quarterhill to a well-diversified portfolio.
Quarterhill Valuation on June 29, 2023
It is possible to determine the worth of Quarterhill on a given historical date. On June 29, 2023 Quarterhill was worth 1.36 at the beginning of the trading date compared to the closed value of 1.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Quarterhill stock. Still, in general, we apply an absolute valuation method to find Quarterhill'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 Quarterhill where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Quarterhill's related companies.
Open | High | Low | Close | Volume | |
1.25 | 1.38 | 1.25 | 1.36 | 196,300 | |
06/29/2023 | 1.36 | 1.52 | 1.36 | 1.50 | 316,600 |
1.49 | 1.50 | 1.47 | 1.48 | 59,100 |
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Quarterhill Trading Date Momentum on June 29, 2023
On June 30 2023 Quarterhill was traded for 1.48 at the closing time. The highest price during the trading period was 1.50 and the lowest recorded bid was listed for 1.47 . The volume for the day was 59.1 K. This history from June 30, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.33% . The trading delta at closing time to the current price is 8.67% . |
Quarterhill Fundamentals Correlations and Trends
By evaluating Quarterhill'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 Quarterhill's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Quarterhill financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Quarterhill Stock history
Quarterhill 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 Quarterhill is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Quarterhill 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 Quarterhill stock prices may prove useful in developing a viable investing in Quarterhill
Quarterhill Inc. operates in the intelligent transportation system and intellectual property licensing industries worldwide. Quarterhill Inc. was incorporated in 1992 and is headquartered in Toronto, Canada. QUARTERHILL INC operates under Communication Equipment classification in Canada and is traded on Toronto Stock Exchange. It employs 562 people.
Quarterhill Stock Technical Analysis
Quarterhill 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
Quarterhill Period Price Range
Low | March 3, 2025
| High |
0.00 | 0.00 |
Quarterhill cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
Quarterhill March 3, 2025 Market Strength
Market strength indicators help investors to evaluate how Quarterhill stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Quarterhill shares will generate the highest return on investment. By undertsting and applying Quarterhill stock market strength indicators, traders can identify Quarterhill entry and exit signals to maximize returns
Quarterhill Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Quarterhill's price direction in advance. Along with the technical and fundamental analysis of Quarterhill Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Quarterhill 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 | 0.0134 | |||
Jensen Alpha | 0.0112 | |||
Total Risk Alpha | 0.0702 | |||
Sortino Ratio | 0.0137 | |||
Treynor Ratio | 0.092 |
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Other Information on Investing in Quarterhill Stock
Quarterhill financial ratios help investors to determine whether Quarterhill Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Quarterhill with respect to the benefits of owning Quarterhill security.