Quantum Computing Stock Price on December 23, 2024
QUBT Stock | USD 18.63 1.53 8.95% |
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 18.63, as last reported on the 26th of December, with the highest price reaching 18.63 and the lowest price hitting 16.31 during the day.
If you're considering investing in Quantum Stock, it is important to understand the factors that can impact its price. Quantum Computing is very risky given 3 months investment horizon. Quantum Computing maintains Sharpe Ratio (i.e., Efficiency) of 0.32, which implies the firm had a 0.32% return per unit of risk over the last 3 months. We have analyzed twenty-nine different technical indicators, which can help you to evaluate if expected returns of 7.15% are justified by taking the suggested risk. Use Quantum Computing Coefficient Of Variation of 314.22, risk adjusted performance of 0.2641, and Semi Deviation of 9.37 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.
IPO Date 1st of August 2018 | 200 Day MA 0.8323 | 50 Day MA 1.0635 | Beta 1.634 |
Quantum |
Sharpe Ratio = 0.3248
Best Portfolio | Best Equity | QUBT | ||
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Estimated Market Risk
22.01 actual daily | 96 96% of assets are less volatile |
Expected Return
5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
0.32 actual daily | 25 75% of assets perform better |
Based on monthly moving average Quantum Computing is performing at about 25% 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 36.4767 | Enterprise Value Ebitda (3.73) | Price Sales 5.7 K | Shares Float 73.6 M | Wall Street Target Price 8.5 |
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Quantum Computing Valuation on December 23, 2024
It is possible to determine the worth of Quantum Computing on a given historical date. On December 23, 2024 Quantum was worth 19.85 at the beginning of the trading date compared to the closed value of 18.19. 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 | |
14.47 | 19.88 | 13.81 | 17.62 | 128,382,733 | |
12/23/2024 | 19.85 | 19.95 | 16.92 | 18.19 | 57,540,070 |
17.86 | 18.00 | 16.31 | 17.10 | 26,601,416 |
Backtest Quantum Computing | | | Quantum Computing History | | | Quantum Computing Valuation | Previous | Next |
Quantum Computing Trading Date Momentum on December 23, 2024
On December 24 2024 Quantum Computing was traded for 17.10 at the closing time. The top price for the day was 18.00 and the lowest listed price was 16.31 . The trading volume for the day was 26.6 M. The trading history from December 24, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 5.99% . The trading delta at closing time against the current closing price is 5.99% . |
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 Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 77.5 M | 81.3 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.
Price Boundaries
Quantum Computing Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
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Quantum Computing December 26, 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.
Risk Adjusted Performance | 0.2641 | |||
Jensen Alpha | 6.95 | |||
Total Risk Alpha | 5.96 | |||
Sortino Ratio | 0.5232 | |||
Treynor Ratio | (5.07) |
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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.