Quanterix Corp Stock Price on December 31, 2023
| QTRX Stock | USD 12.33 0.14 1.12% |
Below is the normalized historical share price chart for Quanterix Corp extending back to December 07, 2017. 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 Quanterix Corp stands at 12.33, as last reported on the 29th of November, with the highest price reaching 12.55 and the lowest price hitting 12.19 during the day.
If you're considering investing in Quanterix Stock, it is important to understand the factors that can impact its price. At this stage we consider Quanterix Stock to be not too volatile. Quanterix Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.0283, which implies the firm had a 0.0283% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Quanterix Corp, which you can use to evaluate the volatility of the company. Please check Quanterix Corp's Variance of 16.25, coefficient of variation of (14,859), and Risk Adjusted Performance of 0.0029 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%.
Total Stockholder Equity is likely to drop to about 194 M in 2024. Common Stock Total Equity is likely to drop to about 25 K in 2024. At this time, Quanterix Corp's Price To Sales Ratio is fairly stable compared to the past year. Price Book Value Ratio is likely to rise to 3.40 in 2024, whereas Price Earnings Ratio is likely to drop (33.38) in 2024. Quanterix Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 7th of December 2017 | 200 Day MA 16.7985 | 50 Day MA 12.9661 | Beta 1.362 |
Quanterix |
Sharpe Ratio = 0.0283
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Estimated Market Risk
| 4.04 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Quanterix Corp is performing at about 2% 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 Quanterix Corp by adding it to a well-diversified portfolio.
Price Book 1.4212 | Enterprise Value Ebitda (1.49) | Price Sales 3.7005 | Shares Float 36 M | Wall Street Target Price 19.93 |
Quanterix Corp Valuation on December 31, 2023
It is possible to determine the worth of Quanterix Corp on a given historical date. On December 31, 2023 Quanterix was worth 28.68 at the beginning of the trading date compared to the closed value of 27.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Quanterix Corp stock. Still, in general, we apply an absolute valuation method to find Quanterix Corp'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 Quanterix Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Quanterix Corp's related companies.
| Open | High | Low | Close | Volume | |
| 28.07 | 28.71 | 28.00 | 28.66 | 252,123 | |
12/29/2023 | 28.68 | 28.78 | 27.11 | 27.34 | 454,826 |
| 26.91 | 27.80 | 26.40 | 27.15 | 247,976 |
| Backtest Quanterix Corp | | | Quanterix Corp History | | | Quanterix Corp Valuation | Previous | Next |
Quanterix Corp Trading Date Momentum on December 31, 2023
| On January 02 2024 Quanterix Corp was traded for 27.15 at the closing time. The top price for the day was 27.80 and the lowest listed price was 26.40 . The trading volume for the day was 248 K. The trading history from January 2, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.69% . The trading delta at closing time against the current closing price is 5.93% . |
Quanterix Corp Fundamentals Correlations and Trends
By evaluating Quanterix Corp'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 Quanterix Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Quanterix financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Quanterix Corp Stock history
Quanterix Corp 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 Quanterix is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Quanterix Corp 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 Quanterix Corp stock prices may prove useful in developing a viable investing in Quanterix Corp
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 37.6 M | 29.5 M | |
| Net Loss | -87 M | -82.7 M |
Quanterix Corp Quarterly Net Working Capital |
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Quanterix Corp Stock Technical Analysis
Quanterix Corp 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
Quanterix Corp Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Quanterix 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.
Quanterix Corp November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Quanterix Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Quanterix Corp shares will generate the highest return on investment. By undertsting and applying Quanterix Corp stock market strength indicators, traders can identify Quanterix Corp entry and exit signals to maximize returns
Quanterix Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Quanterix Corp's price direction in advance. Along with the technical and fundamental analysis of Quanterix Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Quanterix 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 | 0.0029 | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | (0.64) | |||
| Treynor Ratio | (0.02) |
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Additional Tools for Quanterix Stock Analysis
When running Quanterix Corp's price analysis, check to measure Quanterix Corp'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 Quanterix Corp is operating at the current time. Most of Quanterix Corp's value examination focuses on studying past and present price action to predict the probability of Quanterix Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quanterix Corp's price. Additionally, you may evaluate how the addition of Quanterix Corp to your portfolios can decrease your overall portfolio volatility.