Quest Resource Stock Forecast - Relative Strength Index

QRHC Stock  USD 7.18  0.13  1.84%   
Quest Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Quest Resource stock prices and determine the direction of Quest Resource Holding's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Quest Resource's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
The current year's Inventory Turnover is expected to grow to about (244.9 K). In addition to that, Payables Turnover is expected to decline to 3.90. As of November 25, 2024, Common Stock Shares Outstanding is expected to decline to about 11.4 M. In addition to that, Net Loss is expected to decline to about (7.3 M).
Quest Resource Holding has current Relative Strength Index of 54.27.
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Quest Resource Trading Date Momentum

On November 25 2024 Quest Resource Holding was traded for  7.18  at the closing time. The top price for the day was 7.33  and the lowest listed price was  6.96 . There was no trading activity during the period 0.0. Lack of trading volume on November 25, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.70% .
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Other Forecasting Options for Quest Resource

For every potential investor in Quest, whether a beginner or expert, Quest Resource's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Quest Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Quest. Basic forecasting techniques help filter out the noise by identifying Quest Resource's price trends.

Quest Resource Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Quest Resource stock to make a market-neutral strategy. Peer analysis of Quest Resource could also be used in its relative valuation, which is a method of valuing Quest Resource by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Quest Resource Holding Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Quest Resource's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Quest Resource's current price.

Quest Resource Market Strength Events

Market strength indicators help investors to evaluate how Quest Resource stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Quest Resource shares will generate the highest return on investment. By undertsting and applying Quest Resource stock market strength indicators, traders can identify Quest Resource Holding entry and exit signals to maximize returns.

Quest Resource Risk Indicators

The analysis of Quest Resource's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Quest Resource's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting quest stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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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.
When determining whether Quest Resource Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Quest Resource's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Quest Resource Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Quest Resource Holding Stock:
Check out Historical Fundamental Analysis of Quest Resource to cross-verify your projections.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Environmental & Facilities Services 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 Quest Resource. If investors know Quest 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 Quest Resource 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
0.667
Earnings Share
(0.38)
Revenue Per Share
14.016
Quarterly Revenue Growth
0.033
Return On Assets
0.0146
The market value of Quest Resource Holding is measured differently than its book value, which is the value of Quest that is recorded on the company's balance sheet. Investors also form their own opinion of Quest Resource's value that differs from its market value or its book value, called intrinsic value, which is Quest Resource's 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 Quest Resource's market value can be influenced by many factors that don't directly affect Quest Resource's 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 Quest Resource's value and its price as these two are different measures arrived at by different means. Investors typically determine if Quest Resource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Quest Resource's 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.