Quantum Computing Stock Price on November 22, 2024

QUBT Stock  USD 6.71  0.35  5.50%   
Below is the normalized historical share price chart for Quantum Computing extending back to February 01, 2007. 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 Computing stands at 6.71, as last reported on the 15th of December 2024, with the highest price reaching 7.05 and the lowest price hitting 6.01 during the day.
IPO Date
1st of August 2018
200 Day MA
0.8323
50 Day MA
1.0635
Beta
1.634
 
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 Computing is dangerous given 3 months investment horizon. Quantum Computing maintains Sharpe Ratio (i.e., Efficiency) of 0.27, which implies the firm had a 0.27% return per unit of risk over the last 3 months. We have analyzed thirty different technical indicators, which can help you to evaluate if expected returns of 4.81% are justified by taking the suggested risk. Use Quantum Computing Coefficient Of Variation of 380.23, semi deviation of 7.31, and Risk Adjusted Performance of 0.2003 to evaluate company specific risk that cannot be diversified away.
  
At this time, Quantum Computing's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Total Equity is likely to gain to 6,757 in 2024, whereas Preferred Stock Total Equity is likely to drop 120.00 in 2024. . At this time, Quantum Computing's Price To Sales Ratio is comparatively stable compared to the past year. Price Book Value Ratio is likely to gain to 0.87 in 2024, whereas Price To Free Cash Flows Ratio is likely to drop (3.13) in 2024. Quantum Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2678

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Estimated Market Risk

 17.98
  actual daily
96
96% of assets are less volatile

Expected Return

 4.81
  actual daily
96
96% of assets have lower returns

Risk-Adjusted Return

 0.27
  actual daily
21
79% of assets perform better
Based on monthly moving average Quantum Computing is performing at about 21% 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 Computing by adding it to a well-diversified portfolio.
Price Book
13.1955
Enterprise Value Ebitda
(3.73)
Price Sales
2.1 K
Shares Float
73.6 M
Wall Street Target Price
8.5

Quantum Computing Main Headline on 22nd of November 2024

AWS launches Quantum Embark, quantum computing stocks blastoff Seeking Alpha

Quantum Computing Valuation on November 22, 2024

It is possible to determine the worth of Quantum Computing on a given historical date. On November 22, 2024 Quantum was worth 5.03 at the beginning of the trading date compared to the closed value of 6.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Quantum Computing stock. Still, in general, we apply an absolute valuation method to find Quantum Computing'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 Computing where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Quantum Computing's related companies.
 Open High Low Close Volume
  4.24    5.31    4.03    4.76    133,773,605  
11/22/2024
  5.03    6.40    4.51    6.10    98,098,690  
  7.47    9.20    6.52    7.70    134,127,103  
Backtest Quantum Computing  |  Quantum Computing History  |  Quantum Computing Valuation   PreviousNext  
Open Value
5.03
6.1
Closing Value
58.97
Upside

Quantum Computing Trading Date Momentum on November 22, 2024

On November 25 2024 Quantum Computing was traded for  7.70  at the closing time. The top price for the day was 9.20  and the lowest listed price was  6.52 . The trading volume for the day was 134.1 M. The trading history from November 25, 2024 was a factor to the next trading day price appreciation. The trading delta at closing time against the next closing price was 26.23% . The trading delta at closing time against the current closing price is 20.16% .

Quantum Computing Fundamentals Correlations and Trends

By evaluating Quantum Computing'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 Computing'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 Computing Stock history

Quantum Computing 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 Computing 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 Computing stock prices may prove useful in developing a viable investing in Quantum Computing
Last ReportedProjected for Next Year
Common Stock Shares Outstanding77.5 M81.3 M
Net Loss-34.7 M-33 M

Quantum Computing Stock Technical Analysis

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

Low
December 15, 2024
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High

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Quantum Computing December 15, 2024 Market Strength

Market strength indicators help investors to evaluate how Quantum Computing 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 Computing shares will generate the highest return on investment. By undertsting and applying Quantum Computing stock market strength indicators, traders can identify Quantum Computing entry and exit signals to maximize returns

Quantum Computing Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Quantum Computing'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.

Additional Tools for Quantum Stock Analysis

When running Quantum Computing's price analysis, check to measure Quantum Computing'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 Computing is operating at the current time. Most of Quantum Computing's value examination focuses on studying past and present price action to predict the probability of Quantum Computing'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 Computing's price. Additionally, you may evaluate how the addition of Quantum Computing to your portfolios can decrease your overall portfolio volatility.