Qomolangma Acquisition Corp Stock Price on August 9, 2024
| QOMOU Stock | USD 11.31 0.00 0.00% |
If you're considering investing in Qomolangma Stock, it is important to understand the factors that can impact its price. As of today, the current price of Qomolangma Acquisition stands at 11.31, as last reported on the 25th of November, with the highest price reaching 11.31 and the lowest price hitting 11.31 during the day. Qomolangma Acquisition maintains Sharpe Ratio (i.e., Efficiency) of -0.22, which implies the firm had a -0.22% return per unit of risk over the last 3 months. Qomolangma Acquisition exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Qomolangma Acquisition's Coefficient Of Variation of (1,411), variance of 1.75, and Risk Adjusted Performance of (0.05) to confirm the risk estimate we provide.
At this time, Qomolangma Acquisition's Common Stock Shares Outstanding is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 65.7 M in 2024, despite the fact that Sale Purchase Of Stock is likely to grow to (44.6 M). . Price Earnings To Growth Ratio is likely to gain to 1.88 in 2024, whereas Price Earnings Ratio is likely to drop (437.67) in 2024. Qomolangma Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Qomolangma |
Sharpe Ratio = -0.2219
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Estimated Market Risk
| 0.95 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.22 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Qomolangma Acquisition is not performing at its full potential. However, 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 Qomolangma Acquisition by adding Qomolangma Acquisition to a well-diversified portfolio.
Book Value (1.84) | Enterprise Value 29.2 M | Shares Float 744.5 K |
Qomolangma Acquisition Valuation on August 9, 2024
It is possible to determine the worth of Qomolangma Acquisition on a given historical date. On August 9, 2024 Qomolangma was worth 11.3 at the beginning of the trading date compared to the closed value of 11.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Qomolangma Acquisition stock. Still, in general, we apply an absolute valuation method to find Qomolangma Acquisition'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 Qomolangma Acquisition where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Qomolangma Acquisition's related companies.
| Open | High | Low | Close | Volume | |
| 11.30 | 11.30 | 11.30 | 11.30 | 8.00 | |
08/09/2024 | 11.30 | 11.30 | 11.30 | 11.30 | 1.00 |
| 11.30 | 11.30 | 11.30 | 11.30 | 1.00 |
| Backtest Qomolangma Acquisition | | | Qomolangma Acquisition History | | | Qomolangma Acquisition Valuation | Previous | Next |
Qomolangma Acquisition Trading Date Momentum on August 9, 2024
| On August 12 2024 Qomolangma Acquisition Corp was traded for 11.30 at the closing time. The highest daily price throughout the period was 11.30 and the lowest price was 11.30 . There was no trading activity during the period 1.0. Lack of trading volume on 08/12/2024 did not cause price change. The trading delta at closing time to current closing price is 7.96% . |
Qomolangma Acquisition Fundamentals Correlations and Trends
By evaluating Qomolangma Acquisition'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 Qomolangma Acquisition's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Qomolangma financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Qomolangma Acquisition Stock history
Qomolangma Acquisition 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 Qomolangma is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Qomolangma Acquisition 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 Qomolangma Acquisition stock prices may prove useful in developing a viable investing in Qomolangma Acquisition
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2.5 M | 3.1 M |
Qomolangma Acquisition Stock Technical Analysis
Qomolangma Acquisition 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
Qomolangma Acquisition Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Qomolangma Acquisition Corp cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Qomolangma Acquisition November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Qomolangma Acquisition stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Qomolangma Acquisition shares will generate the highest return on investment. By undertsting and applying Qomolangma Acquisition stock market strength indicators, traders can identify Qomolangma Acquisition Corp entry and exit signals to maximize returns
Qomolangma Acquisition Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Qomolangma Acquisition's price direction in advance. Along with the technical and fundamental analysis of Qomolangma Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Qomolangma 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 | (0.05) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | 1.1 |
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Additional Tools for Qomolangma Stock Analysis
When running Qomolangma Acquisition's price analysis, check to measure Qomolangma Acquisition'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 Qomolangma Acquisition is operating at the current time. Most of Qomolangma Acquisition's value examination focuses on studying past and present price action to predict the probability of Qomolangma Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Qomolangma Acquisition's price. Additionally, you may evaluate how the addition of Qomolangma Acquisition to your portfolios can decrease your overall portfolio volatility.