Quantum Numbers Stock Price on July 24, 2024
| QNC Stock | CAD 0.16 0.01 5.88% |
Below is the normalized historical share price chart for Quantum Numbers extending back to December 03, 2010. 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 Numbers stands at 0.16, as last reported on the 1st of December, with the highest price reaching 0.17 and the lowest price hitting 0.16 during the day.
If you're considering investing in Quantum Stock, it is important to understand the factors that can impact its price. Quantum Numbers appears to be out of control, given 3 months investment horizon. Quantum Numbers maintains Sharpe Ratio (i.e., Efficiency) of 0.0954, which implies the firm had a 0.0954% return per unit of risk over the last 3 months. By analyzing Quantum Numbers' technical indicators, you can evaluate if the expected return of 0.69% is justified by implied risk. Please evaluate Quantum Numbers' Risk Adjusted Performance of 0.0556, coefficient of variation of 1637.22, and Semi Deviation of 4.0 to confirm if our risk estimates are consistent with your expectations.
At this time, Quantum Numbers' Common Stock Shares Outstanding is fairly stable compared to the past year. Other Stockholder Equity is likely to climb to about 1.6 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 1.4 M in 2024. . At this time, Quantum Numbers' Price To Sales Ratio is fairly stable compared to the past year. Price Earnings To Growth Ratio is likely to climb to 0.17 in 2024, whereas Price Book Value Ratio is likely to drop 3.88 in 2024. Quantum Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.1214 | 50 Day MA 0.1159 | Beta 1.777 |
Quantum |
Sharpe Ratio = 0.0954
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Estimated Market Risk
| 7.19 actual daily | 64 64% of assets are less volatile |
Expected Return
| 0.69 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Quantum Numbers is performing at about 7% 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 Numbers by adding it to a well-diversified portfolio.
Price Book 23.9508 | Book Value 0.01 | Enterprise Value 22.6 M | Enterprise Value Ebitda (2.93) | Shares Float 143.6 M |
Quantum Numbers Valuation on July 24, 2024
It is possible to determine the worth of Quantum Numbers on a given historical date. On July 24, 2024 Quantum was worth 0.14 at the beginning of the trading date compared to the closed value of 0.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Quantum Numbers stock. Still, in general, we apply an absolute valuation method to find Quantum Numbers' 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 Numbers where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Quantum Numbers' related companies.
| Open | High | Low | Close | Volume | |
| 0.16 | 0.16 | 0.14 | 0.14 | 320,052 | |
07/24/2024 | 0.14 | 0.16 | 0.14 | 0.16 | 569,903 |
| 0.16 | 0.16 | 0.14 | 0.14 | 269,223 |
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Quantum Numbers Trading Date Momentum on July 24, 2024
| On July 25 2024 Quantum Numbers was traded for 0.14 at the closing time. The highest daily price throughout the period was 0.16 and the lowest price was 0.14 . The daily volume was 269.2 K. The net trading volume on 07/25/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 12.50% . The trading delta at closing time to current closing price is 18.75% . |
Quantum Numbers Fundamentals Correlations and Trends
By evaluating Quantum Numbers' 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 Numbers' 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 Numbers Stock history
Quantum Numbers 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 Numbers 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 Numbers stock prices may prove useful in developing a viable investing in Quantum Numbers
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 135.5 M | 142.3 M | |
| Net Loss | -1.4 M | -1.3 M |
Quantum Numbers Stock Technical Analysis
Quantum Numbers 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 Numbers Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Quantum Numbers cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.
Quantum Numbers December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Quantum Numbers 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 Numbers shares will generate the highest return on investment. By undertsting and applying Quantum Numbers stock market strength indicators, traders can identify Quantum Numbers entry and exit signals to maximize returns
Quantum Numbers Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Quantum Numbers' 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 | 0.0556 | |||
| Jensen Alpha | 0.3333 | |||
| Total Risk Alpha | (0.77) | |||
| Sortino Ratio | 0.0364 | |||
| Treynor Ratio | 0.5635 |
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Additional Tools for Quantum Stock Analysis
When running Quantum Numbers' price analysis, check to measure Quantum Numbers' 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 Quantum Numbers is operating at the current time. Most of Quantum Numbers' value examination focuses on studying past and present price action to predict the probability of Quantum Numbers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quantum Numbers' price. Additionally, you may evaluate how the addition of Quantum Numbers to your portfolios can decrease your overall portfolio volatility.