Quantum Numbers Stock Performance
| QNC Stock | CAD 0.68 0.01 1.45% |
Quantum Numbers holds a performance score of 7 on a scale of zero to a hundred. The company holds a Beta of 5.91, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Quantum Numbers will likely underperform. Use Quantum Numbers information ratio, downside variance, day median price, as well as the relationship between the treynor ratio and kurtosis , to analyze future returns on Quantum Numbers.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Quantum Numbers are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Quantum Numbers showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 1:5 | Last Split Date 2013-07-22 |
1 | Quantum Computing Stock Price Down 49.9 percent - Heres Why - MarketBeat | 01/08/2025 |
2 | Quantum Computing Inc. Stock Sees Significant Surge, Analysts Update Price Targets Market - HPBL | 01/16/2025 |
3 | Quantum Computing Trading Down 9.7 percent - Should You Sell - MarketBeat | 01/20/2025 |
4 | Why Quantum Computing Incs Stock is Telling a Story of Cautious Optimism - Mi Valle | 02/11/2025 |
5 | 5 Quantum Computing Stocks That Are Hot Again - Insider Monkey | 02/20/2025 |
6 | Excellent Nvidia Earnings But Stage Five Pattern Proves Formidable, Quantum Computing Breakthrough - Benzinga | 02/27/2025 |
7 | SBI Securities Co. Ltd. Acquires Shares of 96,798 Quantum Computing Inc. - MarketBeat | 03/06/2025 |
| Begin Period Cash Flow | 2.6 M |
Quantum |
Quantum Numbers Relative Risk vs. Return Landscape
If you would invest 53.00 in Quantum Numbers on December 21, 2024 and sell it today you would earn a total of 15.00 from holding Quantum Numbers or generate 28.3% return on investment over 90 days. Quantum Numbers is currently producing 1.8757% returns and takes up 18.8819% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Quantum, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Quantum Numbers Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Quantum Numbers' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Quantum Numbers, and traders can use it to determine the average amount a Quantum Numbers' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0993
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| Average Returns | QNC | |||
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Estimated Market Risk
| 18.88 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.88 actual daily | 37 63% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Quantum Numbers is performing at about 7% 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 Numbers by adding it to a well-diversified portfolio.
Quantum Numbers Fundamentals Growth
Quantum Stock prices reflect investors' perceptions of the future prospects and financial health of Quantum Numbers, and Quantum Numbers fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Quantum Stock performance.
| Return On Equity | -2.04 | ||||
| Return On Asset | -0.87 | ||||
| Current Valuation | 117.97 M | ||||
| Shares Outstanding | 171.33 M | ||||
| Price To Book | 303.20 X | ||||
| EBITDA | (2.31 M) | ||||
| Net Income | (2.39 M) | ||||
| Cash And Equivalents | 560.24 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 40 K | ||||
| Current Ratio | 21.21 X | ||||
| Book Value Per Share | 0 X | ||||
| Cash Flow From Operations | (2.08 M) | ||||
| Earnings Per Share | (0.02) X | ||||
| Market Capitalization | 116.51 M | ||||
| Total Asset | 1.65 M | ||||
| Retained Earnings | (13.16 M) | ||||
| Working Capital | 1.11 M | ||||
About Quantum Numbers Performance
Evaluating Quantum Numbers' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Quantum Numbers has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Quantum Numbers has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (2.12) | (2.23) | |
| Return On Capital Employed | (1.65) | (1.57) | |
| Return On Assets | (1.67) | (1.75) | |
| Return On Equity | (1.93) | (2.03) |
Things to note about Quantum Numbers performance evaluation
Checking the ongoing alerts about Quantum Numbers for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Quantum Numbers help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Quantum Numbers is way too risky over 90 days horizon | |
| Quantum Numbers has some characteristics of a very speculative penny stock | |
| Quantum Numbers appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (2.39 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Quantum Numbers has accumulated about 560.24 K in cash with (2.08 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Latest headline from news.google.com: SBI Securities Co. Ltd. Acquires Shares of 96,798 Quantum Computing Inc. - MarketBeat |
- Analyzing Quantum Numbers' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Quantum Numbers' stock is overvalued or undervalued compared to its peers.
- Examining Quantum Numbers' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Quantum Numbers' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Quantum Numbers' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Quantum Numbers' stock. These opinions can provide insight into Quantum Numbers' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Quantum Stock Analysis
When running Quantum Numbers' price analysis, check to measure Quantum Numbers' 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 Numbers is operating at the current time. Most of Quantum Numbers' value examination focuses on studying past and present price action to predict the probability of Quantum Numbers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quantum Numbers' price. Additionally, you may evaluate how the addition of Quantum Numbers to your portfolios can decrease your overall portfolio volatility.