Quantum Stock Price on November 6, 2024
| QMCO Stock | USD 17.41 0.45 2.52% |
Below is the normalized historical share price chart for Quantum extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Quantum stands at 17.41, as last reported on the 29th of November, with the highest price reaching 19.35 and the lowest price hitting 16.33 during the day.
If you're considering investing in Quantum Stock, it is important to understand the factors that can impact its price. Quantum is dangerous given 3 months investment horizon. Quantum maintains Sharpe Ratio (i.e., Efficiency) of 0.19, which implies the firm had a 0.19% return per unit of risk over the last 3 months. We were able to break down twenty-eight different technical indicators, which can help you to evaluate if expected returns of 4.85% are justified by taking the suggested risk. Use Quantum Risk Adjusted Performance of 0.1403, coefficient of variation of 586.63, and Semi Deviation of 7.09 to evaluate company specific risk that cannot be diversified away.
At this time, Quantum's Sale Purchase Of Stock is very stable compared to the past year. As of the 29th of November 2024, Stock Based Compensation To Revenue is likely to grow to 0.02, though Total Stockholder Equity is likely to grow to (115.4 M). . As of the 29th of November 2024, Price To Sales Ratio is likely to drop to 0.16. In addition to that, Price Earnings Ratio is likely to drop to -1.34. Quantum Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 2nd of August 1999 | 200 Day MA 7.623 | 50 Day MA 4.924 | Beta 2.764 |
Quantum |
Sharpe Ratio = 0.1932
| Best Portfolio | Best Equity | QMCO | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 25.11 actual daily | 96 96% of assets are less volatile |
Expected Return
| 4.85 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Quantum is performing at about 15% 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 Quantum by adding it to a well-diversified portfolio.
Enterprise Value Ebitda (9.13) | Price Sales 0.2981 | Shares Float 4.1 M | Wall Street Target Price 5 | Earnings Share (13.13) |
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Quantum Valuation on November 6, 2024
It is possible to determine the worth of Quantum on a given historical date. On November 6, 2024 Quantum was worth 4.08 at the beginning of the trading date compared to the closed value of 4.47. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Quantum stock. Still, in general, we apply an absolute valuation method to find Quantum'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 Quantum where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Quantum's related companies.
| Open | High | Low | Close | Volume | |
| 3.82 | 4.23 | 3.80 | 3.98 | 19,734 | |
11/06/2024 | 4.08 | 4.71 | 4.00 | 4.47 | 60,130 |
| 4.51 | 5.06 | 4.45 | 4.95 | 57,389 |
| Backtest Quantum | | | Quantum History | | | Quantum Valuation | Previous | Next |
Quantum Trading Date Momentum on November 6, 2024
| On November 07 2024 Quantum was traded for 4.95 at the closing time. The top price for the day was 5.06 and the lowest listed price was 4.45 . The trading volume for the day was 57.4 K. The trading history from November 7, 2024 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 10.74% . The trading delta at closing time against the current closing price is 25.28% . |
Quantum Fundamentals Correlations and Trends
By evaluating Quantum'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 Quantum's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Quantum financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Quantum Stock history
Quantum 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 Quantum is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in 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 Quantum stock prices may prove useful in developing a viable investing in Quantum
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 4.8 M | 4.5 M | |
| Net Loss | -34.5 M | -36.2 M |
Quantum Stock Technical Analysis
Quantum 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
Quantum Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
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Quantum November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Quantum stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Quantum shares will generate the highest return on investment. By undertsting and applying Quantum stock market strength indicators, traders can identify Quantum entry and exit signals to maximize returns
Quantum Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Quantum's price direction in advance. Along with the technical and fundamental analysis of Quantum Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Quantum 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 | 0.1403 | |||
| Jensen Alpha | 3.07 | |||
| Total Risk Alpha | 0.4811 | |||
| Sortino Ratio | 0.4213 | |||
| Treynor Ratio | 0.4282 |
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| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quantum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Quantum Stock, please use our How to Invest in Quantum guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Technology Hardware, Storage & Peripherals 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 Quantum. If investors know Quantum 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 Quantum listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (13.13) | Revenue Per Share 60.743 | Quarterly Revenue Growth (0.23) | Return On Assets (0.12) |
The market value of Quantum is measured differently than its book value, which is the value of Quantum that is recorded on the company's balance sheet. Investors also form their own opinion of Quantum's value that differs from its market value or its book value, called intrinsic value, which is Quantum'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 Quantum's market value can be influenced by many factors that don't directly affect Quantum'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 Quantum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Quantum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Quantum'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.