Quest Resource Holding Stock Probability of Future Stock Price Finishing Under 1.33
| QRHC Stock | USD 7.21 0.03 0.42% |
Quest |
Quest Resource Target Price Odds to finish below 1.33
The tendency of Quest Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 1.33 or more in 90 days |
| 7.21 | 90 days | 1.33 | near 1 |
Based on a normal probability distribution, the odds of Quest Resource to drop to $ 1.33 or more in 90 days from now is near 1 (This Quest Resource Holding probability density function shows the probability of Quest Stock to fall within a particular range of prices over 90 days) . Probability of Quest Resource Holding price to stay between $ 1.33 and its current price of $7.21 at the end of the 90-day period is about 7.09 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.14 indicating Quest Resource Holding market returns are highly-sensitive to returns on the market. As the market goes up or down, Quest Resource is expected to follow. Additionally Quest Resource Holding has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Quest Resource Price Density |
| Price |
Predictive Modules for Quest Resource
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Quest Resource Holding. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Quest Resource Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Quest Resource is not an exception. The market had few large corrections towards the Quest Resource's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Quest Resource Holding, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Quest Resource within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.38 | |
β | Beta against Dow Jones | 1.14 | |
σ | Overall volatility | 0.62 | |
Ir | Information ratio | -0.14 |
Quest Resource Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Quest Resource for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Quest Resource Holding can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Quest Resource generated a negative expected return over the last 90 days | |
| The company reported the previous year's revenue of 288.38 M. Net Loss for the year was (7.29 M) with profit before overhead, payroll, taxes, and interest of 48.86 M. | |
| Quest Resource Holding currently holds about 7.09 M in cash with (1.36 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.36. | |
| Quest Resource has a poor financial position based on the latest SEC disclosures | |
| Roughly 28.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from philstockworld.com: The End of the Quest for Justice for January 6 |
Quest Resource Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Quest Stock often depends not only on the future outlook of the current and potential Quest Resource's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Quest Resource's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 20.1 M | |
| Cash And Short Term Investments | 324 K |
Quest Resource Technical Analysis
Quest Resource's future price can be derived by breaking down and analyzing its technical indicators over time. Quest Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Quest Resource Holding. In general, you should focus on analyzing Quest Stock price patterns and their correlations with different microeconomic environments and drivers.
Quest Resource Predictive Forecast Models
Quest Resource's time-series forecasting models is one of many Quest Resource's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Quest Resource's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Quest Resource Holding
Checking the ongoing alerts about Quest Resource for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Quest Resource Holding help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Quest Resource generated a negative expected return over the last 90 days | |
| The company reported the previous year's revenue of 288.38 M. Net Loss for the year was (7.29 M) with profit before overhead, payroll, taxes, and interest of 48.86 M. | |
| Quest Resource Holding currently holds about 7.09 M in cash with (1.36 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.36. | |
| Quest Resource has a poor financial position based on the latest SEC disclosures | |
| Roughly 28.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from philstockworld.com: The End of the Quest for Justice for January 6 |
Check out Quest Resource Backtesting, Quest Resource Valuation, Quest Resource Correlation, Quest Resource Hype Analysis, Quest Resource Volatility, Quest Resource History as well as Quest Resource Performance. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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.