Quantum Stock Price on December 3, 2024

QMCO Stock  USD 12.65  1.51  10.66%   
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 12.65, as last reported on the 4th of December, with the highest price reaching 14.94 and the lowest price hitting 12.58 during the day.
IPO Date
2nd of August 1999
200 Day MA
7.6555
50 Day MA
5.3822
Beta
2.764
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 0.18, which implies the firm had a 0.18% return per unit of risk over the last 3 months. We were able to break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 4.54% are justified by taking the suggested risk. Use Quantum Semi Deviation of 8.08, risk adjusted performance of 0.1404, and Coefficient Of Variation of 583.88 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 4th of December 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 4th of December 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.

Sharpe Ratio = 0.1796

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Estimated Market Risk

 25.28
  actual daily
96
96% of assets are less volatile

Expected Return

 4.54
  actual daily
90
90% of assets have lower returns

Risk-Adjusted Return

 0.18
  actual daily
14
86% of assets perform better
Based on monthly moving average Quantum is performing at about 14% 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
0.2364
Shares Float
4.1 M
Wall Street Target Price
5
Earnings Share
(13.13)

Quantum Main Headline on 3rd of December 2024

Quantum Thinking First Half 2025 Results Key Financial Results Revenue HK21.9m up 164 percent from 1H 2024...

Quantum Valuation on December 3, 2024

It is possible to determine the worth of Quantum on a given historical date. On December 3, 2024 Quantum was worth 11.37 at the beginning of the trading date compared to the closed value of 14.16. 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
  17.33    17.41    11.06    12.49    3,287,071  
12/03/2024
  11.37    14.46    11.05    14.16    2,802,426  
  13.71    14.94    12.58    12.65    1,192,850  
Backtest Quantum  |  Quantum History  |  Quantum Valuation   PreviousNext  
Open Value
11.37
14.16
Closing Value
87.21
Upside

Quantum Trading Date Momentum on December 3, 2024

On December 04 2024 Quantum was traded for  12.65  at the closing time. The top price for the day was 14.94  and the lowest listed price was  12.58 . The trading volume for the day was 1.2 M. The trading history from December 4, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 10.66% . The trading delta at closing time against the current closing price is 3.18% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding4.8 M4.5 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.
A focus of Quantum technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Quantum 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

Quantum Period Price Range

Low
December 4, 2024
0.00  NaN%
High

 0.00 

     

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Quantum December 4, 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.
When determining whether Quantum offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Quantum's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Quantum Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Quantum Stock:
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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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.