Quest Resource Holding Stock Alpha and Beta Analysis
| QRHC Stock | USD 7.21 0.03 0.42% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Quest Resource Holding. It also helps investors analyze the systematic and unsystematic risks associated with investing in Quest Resource over a specified time horizon. Remember, high Quest Resource's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Quest Resource's market risk premium analysis include:
Beta 1.27 | Alpha (0.32) | Risk 2.54 | Sharpe Ratio (0.12) | Expected Return (0.31) |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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Quest Resource Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Quest Resource market risk premium is the additional return an investor will receive from holding Quest Resource long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Quest Resource. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Quest Resource's performance over market.| α | -0.32 | β | 1.27 |
Quest Resource expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Quest Resource's Buy-and-hold return. Our buy-and-hold chart shows how Quest Resource performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Quest Resource Market Price Analysis
Market price analysis 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 understating and applying Quest Resource stock market price indicators, traders can identify Quest Resource position entry and exit signals to maximize returns.
Quest Resource Return and Market Media
The median price of Quest Resource for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 8.2 with a coefficient of variation of 7.48. The daily time series for the period is distributed with a sample standard deviation of 0.61, arithmetic mean of 8.13, and mean deviation of 0.46. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Quest Resource Holding Corp Q3 2024 Everything You Need To Know Ahead Of Earnings | 11/06/2024 |
2 | Can they keep up the laughs at a gloomy time Mythic Quest returns for Season 4 | 11/14/2024 |
3 | Quest Partners LLC Grows Stock Holdings in Primerica, Inc. | 11/18/2024 |
4 | Metas Quest 3 Will Be Able To Turn Into A Windows 11 PC | 11/19/2024 |
5 | After Dragon Quest 3 HD-2D Remake, Dev Wants To Do Final Fantasy 6 Next | 11/20/2024 |
6 | KIWI design Black Friday Cyber Monday 50 percent OFF Meta Quest 33S Accessories | 11/21/2024 |
7 | The Meta Quest 3S Headset Batman Is at a Record Low, Amazon Has Sold 20,000 Units in a Few Days | 11/22/2024 |
About Quest Resource Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Quest or other stocks. Alpha measures the amount that position in Quest Resource Holding has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Graham Number | 2.8 | 5.05 | 5.18 | 6.92 | Receivables Turnover | 3.9 | 6.19 | 4.96 | 4.58 |
Quest Resource Upcoming Company Events
As portrayed in its financial statements, the presentation of Quest Resource's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Quest Resource's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Quest Resource's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Quest Resource. Please utilize our Beneish M Score to check the likelihood of Quest Resource's management manipulating its earnings.
| 28th of March 2024 Upcoming Quarterly Report | View | |
| 20th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 28th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Check out Quest Resource Backtesting, Quest Resource Valuation, Quest Resource Correlation, Quest Resource Hype Analysis, Quest Resource Volatility, Quest Resource History and analyze Quest Resource Performance. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Quest Resource technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.