D Wave Quantum Stock Price on November 19, 2024

QBTS Stock  USD 2.93  0.96  48.73%   
If you're considering investing in QBTS Stock, it is important to understand the factors that can impact its price. As of today, the current price of D Wave stands at 2.93, as last reported on the 22nd of November, with the highest price reaching 3.00 and the lowest price hitting 1.97 during the day. D Wave is dangerous given 3 months investment horizon. D Wave Quantum secures Sharpe Ratio (or Efficiency) of 0.22, which denotes the company had a 0.22% return per unit of volatility over the last 3 months. We were able to interpolate and analyze data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 2.07% are justified by taking the suggested risk. Use D Wave Downside Deviation of 5.08, market risk adjusted performance of 0.3697, and Mean Deviation of 5.3 to evaluate company specific risk that cannot be diversified away.
  
At this time, D Wave's Stock Based Compensation is comparatively stable compared to the past year. Stock Based Compensation To Revenue is likely to gain to 2.63 in 2024, despite the fact that Total Stockholder Equity is likely to grow to (23.3 M). . Price To Sales Ratio is likely to drop to 13.17 in 2024. Price Earnings Ratio is likely to drop to -1.54 in 2024. QBTS Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2212

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Estimated Market Risk

 9.36
  actual daily
83
83% of assets are less volatile

Expected Return

 2.07
  actual daily
41
59% of assets have higher returns

Risk-Adjusted Return

 0.22
  actual daily
17
83% of assets perform better
Based on monthly moving average D Wave is performing at about 17% 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 D Wave by adding it to a well-diversified portfolio.
Price Book
32.5457
Enterprise Value Ebitda
(2.07)
Price Sales
43.6249
Shares Float
154.7 M
Wall Street Target Price
2.8333

Related Headline

IONQ Headline on 19th of November 2024

D Wave Valuation on November 19, 2024

It is possible to determine the worth of D Wave on a given historical date. On November 19, 2024 QBTS was worth 1.45 at the beginning of the trading date compared to the closed value of 1.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of D Wave stock. Still, in general, we apply an absolute valuation method to find D Wave'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 D Wave where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against D Wave's related companies.
 Open High Low Close Volume
  1.66    1.67    1.42    1.44    12,520,483  
11/19/2024
  1.45    1.63    1.44    1.49    11,269,962  
  1.54    1.76    1.53    1.67    21,496,472  
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Open Value
1.45
1.49
Closing Value
29.52
Upside

D Wave Trading Date Momentum on November 19, 2024

On November 20 2024 D Wave Quantum was traded for  1.67  at the closing time. The top price for the day was 1.76  and the lowest listed price was  1.53 . The trading volume for the day was 21.5 M. The trading history from November 20, 2024 was a factor to the next trading day price appreciation. The trading delta at closing time against the next closing price was 12.08% . The overall trading delta against the current closing price is 50.34% .

D Wave Quantum Fundamentals Correlations and Trends

By evaluating D Wave'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 D Wave's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. QBTS financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About D Wave Stock history

D Wave 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 QBTS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in D Wave Quantum 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 D Wave stock prices may prove useful in developing a viable investing in D Wave
Last ReportedProjected for Next Year
Common Stock Shares Outstanding138 M115.6 M
Net Loss-46.4 M-48.7 M

D Wave Stock Technical Analysis

D Wave 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.
A focus of D Wave technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of D Wave trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

D Wave Period Price Range

Low
November 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

D Wave Quantum 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.

D Wave November 22, 2024 Market Strength

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

D Wave Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for D Wave's price direction in advance. Along with the technical and fundamental analysis of QBTS Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of QBTS 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.

Additional Tools for QBTS Stock Analysis

When running D Wave's price analysis, check to measure D Wave'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 D Wave is operating at the current time. Most of D Wave's value examination focuses on studying past and present price action to predict the probability of D Wave's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move D Wave's price. Additionally, you may evaluate how the addition of D Wave to your portfolios can decrease your overall portfolio volatility.