Quanta Services Stock Market Value

PWR Stock  USD 285.45  0.00  0.00%   
Quanta Services' market value is the price at which a share of Quanta Services trades on a public exchange. It measures the collective expectations of Quanta Services investors about its performance. Quanta Services is selling at 285.45 as of the 17th of February 2025; that is No Change since the beginning of the trading day. The stock's lowest day price was 282.72.
With this module, you can estimate the performance of a buy and hold strategy of Quanta Services and determine expected loss or profit from investing in Quanta Services over a given investment horizon. Check out Quanta Services Correlation, Quanta Services Volatility and Quanta Services Alpha and Beta module to complement your research on Quanta Services.
To learn how to invest in Quanta Stock, please use our How to Invest in Quanta Services guide.
Symbol

Quanta Services Price To Book Ratio

Is Construction & Engineering space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Quanta Services. If investors know Quanta will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Quanta Services listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.066
Dividend Share
0.36
Earnings Share
5.42
Revenue Per Share
156.483
Quarterly Revenue Growth
0.155
The market value of Quanta Services is measured differently than its book value, which is the value of Quanta that is recorded on the company's balance sheet. Investors also form their own opinion of Quanta Services' value that differs from its market value or its book value, called intrinsic value, which is Quanta Services' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Quanta Services' market value can be influenced by many factors that don't directly affect Quanta Services' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Quanta Services' value and its price as these two are different measures arrived at by different means. Investors typically determine if Quanta Services is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Quanta Services' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Quanta Services 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Quanta Services' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Quanta Services.
0.00
02/28/2023
No Change 0.00  0.0 
In 1 year 11 months and 22 days
02/17/2025
0.00
If you would invest  0.00  in Quanta Services on February 28, 2023 and sell it all today you would earn a total of 0.00 from holding Quanta Services or generate 0.0% return on investment in Quanta Services over 720 days. Quanta Services is related to or competes with MYR, Dycom Industries, EMCOR, Comfort Systems, Aecom Technology, KBR, and Fluor. Quanta Services, Inc. provides specialty contracting services worldwide More

Quanta Services Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Quanta Services' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Quanta Services upside and downside potential and time the market with a certain degree of confidence.

Quanta Services Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Quanta Services' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Quanta Services' standard deviation. In reality, there are many statistical measures that can use Quanta Services historical prices to predict the future Quanta Services' volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Quanta Services' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
281.54284.58287.62
Details
Intrinsic
Valuation
LowRealHigh
269.63272.67314.00
Details
Naive
Forecast
LowNextHigh
284.63287.67290.71
Details
24 Analysts
Consensus
LowTargetHigh
306.63336.96374.02
Details

Quanta Services Backtested Returns

Quanta Services maintains Sharpe Ratio (i.e., Efficiency) of -0.0632, which implies the firm had a -0.0632 % return per unit of risk over the last 3 months. Quanta Services exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Quanta Services' Risk Adjusted Performance of (0.04), coefficient of variation of (1,647), and Variance of 8.59 to confirm the risk estimate we provide. The company holds a Beta of 0.38, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Quanta Services' returns are expected to increase less than the market. However, during the bear market, the loss of holding Quanta Services is expected to be smaller as well. At this point, Quanta Services has a negative expected return of -0.19%. Please make sure to check Quanta Services' total risk alpha, as well as the relationship between the accumulation distribution and relative strength index , to decide if Quanta Services performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.33  

Below average predictability

Quanta Services has below average predictability. Overlapping area represents the amount of predictability between Quanta Services time series from 28th of February 2023 to 23rd of February 2024 and 23rd of February 2024 to 17th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Quanta Services price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Quanta Services price fluctuation can be explain by its past prices.
Correlation Coefficient0.33
Spearman Rank Test0.53
Residual Average0.0
Price Variance1022.72

Quanta Services lagged returns against current returns

Autocorrelation, which is Quanta Services stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Quanta Services' stock expected returns. We can calculate the autocorrelation of Quanta Services returns to help us make a trade decision. For example, suppose you find that Quanta Services has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Quanta Services regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Quanta Services stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Quanta Services stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Quanta Services stock over time.
   Current vs Lagged Prices   
       Timeline  

Quanta Services Lagged Returns

When evaluating Quanta Services' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Quanta Services stock have on its future price. Quanta Services autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Quanta Services autocorrelation shows the relationship between Quanta Services stock current value and its past values and can show if there is a momentum factor associated with investing in Quanta Services.
   Regressed Prices   
       Timeline  

Pair Trading with Quanta Services

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Quanta Services position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Quanta Services will appreciate offsetting losses from the drop in the long position's value.

Moving together with Quanta Stock

  0.74ESOA Energy ServicesPairCorr

Moving against Quanta Stock

  0.5VATE Innovate CorpPairCorr
  0.34WLGS Wang Lee Group,PairCorr
The ability to find closely correlated positions to Quanta Services could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Quanta Services when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Quanta Services - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Quanta Services to buy it.
The correlation of Quanta Services is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Quanta Services moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Quanta Services moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Quanta Services can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Quanta Stock Analysis

When running Quanta Services' price analysis, check to measure Quanta Services' 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 Quanta Services is operating at the current time. Most of Quanta Services' value examination focuses on studying past and present price action to predict the probability of Quanta Services' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quanta Services' price. Additionally, you may evaluate how the addition of Quanta Services to your portfolios can decrease your overall portfolio volatility.