Quanterix Corp Stock Price on January 4, 2025
| QTRX Stock | USD 11.87 0.21 1.74% |
If you're considering investing in Quanterix Stock, it is important to understand the factors that can impact its price. As of today, the current price of Quanterix Corp stands at 11.87, as last reported on the 7th of January, with the highest price reaching 12.41 and the lowest price hitting 11.76 during the day. At this stage we consider Quanterix Stock to be somewhat reliable. Quanterix Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.0376, which implies the firm had a 0.0376% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Quanterix Corp, which you can use to evaluate the volatility of the company. Please check Quanterix Corp's Coefficient Of Variation of 2661.09, semi deviation of 4.49, and Risk Adjusted Performance of 0.0386 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%.
Quanterix Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Quanterix |
Sharpe Ratio = 0.0376
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Estimated Market Risk
| 4.53 actual daily | 40 60% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Quanterix Corp is performing at about 2% 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 Quanterix Corp by adding it to a well-diversified portfolio.
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Quanterix Corp Valuation on January 4, 2025
It is possible to determine the worth of Quanterix Corp on a given historical date. On January 4, 2025 Quanterix was worth 10.94 at the beginning of the trading date compared to the closed value of 12.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Quanterix Corp stock. Still, in general, we apply an absolute valuation method to find Quanterix Corp'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 Quanterix Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Quanterix Corp's related companies.
| Open | High | Low | Close | Volume | |
| 10.86 | 11.14 | 10.68 | 10.76 | 264,062 | |
01/03/2025 | 10.94 | 12.22 | 10.84 | 12.08 | 364,448 |
| 12.04 | 12.41 | 11.76 | 11.87 | 361,671 |
| Backtest Quanterix Corp | | | Quanterix Corp History | | | Quanterix Corp Valuation | Previous | Next |
Quanterix Corp Trading Date Momentum on January 4, 2025
| On January 06 2025 Quanterix Corp was traded for 11.87 at the closing time. The top price for the day was 12.41 and the lowest listed price was 11.76 . The trading volume for the day was 361.7 K. The trading history from January 6, 2025 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.74% . The trading delta at closing time against the current closing price is 0.33% . |
Quanterix Corp Fundamentals Correlations and Trends
By evaluating Quanterix Corp'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 Quanterix Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Quanterix financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Quanterix Corp Stock history
Quanterix Corp 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 Quanterix is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Quanterix Corp 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 Quanterix Corp stock prices may prove useful in developing a viable investing in Quanterix Corp
Quanterix Corporation, a life sciences company, engages in development and marketing of digital immunoassay platforms that advances precision health for life sciences research and diagnostics in North America, Europe, the Middle East, Africa, and the Asia Pacific regions. Quanterix Corporation was incorporated in 2007 and is headquartered in Billerica, Massachusetts. Quanterix Corp operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 460 people.
Quanterix Corp Stock Technical Analysis
Quanterix Corp 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
Quanterix Corp Period Price Range
Low | January 7, 2025
| High |
0.00 | 0.00 |
Quanterix Corp 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.
Quanterix Corp January 7, 2025 Market Strength
Market strength indicators help investors to evaluate how Quanterix Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Quanterix Corp shares will generate the highest return on investment. By undertsting and applying Quanterix Corp stock market strength indicators, traders can identify Quanterix Corp entry and exit signals to maximize returns
Quanterix Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Quanterix Corp's price direction in advance. Along with the technical and fundamental analysis of Quanterix Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Quanterix 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 | 0.0386 | |||
| Jensen Alpha | 0.124 | |||
| Total Risk Alpha | 0.0591 | |||
| Sortino Ratio | 0.03 | |||
| Treynor Ratio | 0.0798 |
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Additional Tools for Quanterix Stock Analysis
When running Quanterix Corp's price analysis, check to measure Quanterix Corp'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 Quanterix Corp is operating at the current time. Most of Quanterix Corp's value examination focuses on studying past and present price action to predict the probability of Quanterix Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quanterix Corp's price. Additionally, you may evaluate how the addition of Quanterix Corp to your portfolios can decrease your overall portfolio volatility.