Ionq Inc Stock Price on November 4, 2024
| IONQ Stock | USD 36.50 4.29 13.32% |
If you're considering investing in IONQ Stock, it is important to understand the factors that can impact its price. As of today, the current price of IONQ stands at 36.50, as last reported on the 29th of November, with the highest price reaching 37.28 and the lowest price hitting 31.96 during the day. IONQ is slightly risky given 3 months investment horizon. IONQ Inc holds Efficiency (Sharpe) Ratio of 0.35, which attests that the entity had a 0.35% return per unit of volatility over the last 3 months. We were able to interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 2.74% are justified by taking the suggested risk. Use IONQ Inc risk adjusted performance of 0.2615, and Market Risk Adjusted Performance of 1.1 to evaluate company specific risk that cannot be diversified away.
At this time, IONQ's Stock Based Compensation is relatively stable compared to the past year. As of 11/29/2024, Stock Based Compensation To Revenue is likely to grow to 3.84, while Total Stockholder Equity is likely to drop slightly above 387.7 M. . At this time, IONQ's Price Book Value Ratio is relatively stable compared to the past year. As of 11/29/2024, Price To Book Ratio is likely to grow to 7.98, though Price Earnings To Growth Ratio is likely to grow to (0.07). IONQ Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IONQ |
Sharpe Ratio = 0.3506
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Estimated Market Risk
| 7.82 actual daily | 69 69% of assets are less volatile |
Expected Return
| 2.74 actual daily | 54 54% of assets have lower returns |
Risk-Adjusted Return
| 0.35 actual daily | 27 73% of assets perform better |
Based on monthly moving average IONQ is performing at about 27% 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 IONQ by adding it to a well-diversified portfolio.
Price Book 15.9979 | Enterprise Value Ebitda (10.33) | Price Sales 186.0201 | Shares Float 195.1 M | Wall Street Target Price 18.58 |
IONQ Valuation on November 4, 2024
It is possible to determine the worth of IONQ on a given historical date. On November 4, 2024 IONQ was worth 14.9 at the beginning of the trading date compared to the closed value of 14.37. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IONQ stock. Still, in general, we apply an absolute valuation method to find IONQ's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of IONQ where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IONQ's related companies.
| Open | High | Low | Close | Volume | |
| 15.27 | 15.51 | 14.54 | 14.85 | 15,840,244 | |
11/04/2024 | 14.90 | 15.11 | 14.15 | 14.37 | 12,412,796 |
| 14.79 | 15.55 | 14.63 | 15.35 | 12,861,793 |
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IONQ Trading Date Momentum on November 4, 2024
| On November 05 2024 IONQ Inc was traded for 15.35 at the closing time. The top price for the day was 15.55 and the lowest listed price was 14.63 . The trading volume for the day was 12.9 M. The trading history from November 5, 2024 was a factor to the next trading day price gain. The trading delta at closing time against the next closing price was 6.82% . The trading delta at closing time against the current closing price is 94.15% . |
IONQ Inc Fundamentals Correlations and Trends
By evaluating IONQ's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among IONQ's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. IONQ financial account trend analysis is a perfect complement when working with valuation or volatility modules.About IONQ Stock history
IONQ investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for IONQ is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in IONQ Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing IONQ stock prices may prove useful in developing a viable investing in IONQ
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 202.6 M | 157.6 M | |
| Net Loss | -43.7 M | -45.8 M |
IONQ Quarterly Net Working Capital |
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IONQ Stock Technical Analysis
IONQ 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.
Price Boundaries
IONQ Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
IONQ Inc cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
IONQ November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how IONQ stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading IONQ shares will generate the highest return on investment. By undertsting and applying IONQ stock market strength indicators, traders can identify IONQ Inc entry and exit signals to maximize returns
IONQ Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for IONQ's price direction in advance. Along with the technical and fundamental analysis of IONQ Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of IONQ to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.2615 | |||
| Jensen Alpha | 2.28 | |||
| Total Risk Alpha | 1.38 | |||
| Sortino Ratio | 0.4503 | |||
| Treynor Ratio | 1.09 |
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Additional Tools for IONQ Stock Analysis
When running IONQ's price analysis, check to measure IONQ's 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 IONQ is operating at the current time. Most of IONQ's value examination focuses on studying past and present price action to predict the probability of IONQ's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IONQ's price. Additionally, you may evaluate how the addition of IONQ to your portfolios can decrease your overall portfolio volatility.