Quantum Solar Power Stock Beta
| QSPW Stock | USD 0.0001 0.00 0.000003% |
Quantum Solar Power fundamentals help investors to digest information that contributes to Quantum Solar's financial success or failures. It also enables traders to predict the movement of Quantum Stock. The fundamental analysis module provides a way to measure Quantum Solar's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Quantum Solar stock.
Quantum | Beta |
Quantum Solar Power Company Beta Analysis
Quantum Solar's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Quantum Solar Beta | -5931.36 |
Most of Quantum Solar's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Quantum Solar Power is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Quantum Solar Power has a Beta of (5,931.36). This is 1318179.11% lower than that of the Independent Power and Renewable Electricity Producers sector and significantly lower than that of the Utilities industry. The beta for all United States stocks is notably higher than that of the company.
Quantum Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Quantum Solar's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Quantum Solar could also be used in its relative valuation, which is a method of valuing Quantum Solar by comparing valuation metrics of similar companies.Quantum Solar is currently under evaluation in beta category among its peers.
As returns on the market increase, returns on owning Quantum Solar are expected to decrease by larger amounts. On the other hand, during market turmoil, Quantum Solar is expected to outperform it.
Quantum Fundamentals
| Return On Equity | -70.7 | ||||
| Return On Asset | -1.95 | ||||
| Current Valuation | 310.29 K | ||||
| Shares Outstanding | 155.58 M | ||||
| Price To Earning | (0.05) X | ||||
| Price To Book | 9.64 X | ||||
| EBITDA | (2.37 M) | ||||
| Net Income | (7.38 M) | ||||
| Cash And Equivalents | 966 | ||||
| Total Debt | 343.69 K | ||||
| Debt To Equity | 0.01 % | ||||
| Book Value Per Share | (0.01) X | ||||
| Cash Flow From Operations | (2.97 M) | ||||
| Beta | -5931.36 | ||||
| Market Capitalization | 171.13 K | ||||
| Total Asset | 40.51 K | ||||
| Working Capital | (1.76 M) | ||||
| Current Asset | 27 K | ||||
| Current Liabilities | 1.79 M | ||||
| Net Asset | 40.51 K |
About Quantum Solar Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Quantum Solar Power's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Quantum Solar using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Quantum Solar Power based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Quantum Stock Analysis
When running Quantum Solar's price analysis, check to measure Quantum Solar'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 Solar is operating at the current time. Most of Quantum Solar's value examination focuses on studying past and present price action to predict the probability of Quantum Solar'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 Solar's price. Additionally, you may evaluate how the addition of Quantum Solar to your portfolios can decrease your overall portfolio volatility.