Q2 Metals Corp Stock Price on November 20, 2024
QUEXF Stock | 0.54 0.02 3.85% |
If you're considering investing in QUEXF OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Q2 Metals stands at 0.54, as last reported on the 22nd of January, with the highest price reaching 0.54 and the lowest price hitting 0.53 during the day. Q2 Metals Corp retains Efficiency (Sharpe Ratio) of -0.12, which implies the company had a -0.12 % return per unit of price deviation over the last 3 months. Q2 Metals exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Q2 Metals' information ratio of (0.12), and Market Risk Adjusted Performance of (6.41) to confirm the risk estimate we provide.
QUEXF OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
QUEXF |
Sharpe Ratio = -0.1174
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Estimated Market Risk
6.42 actual daily | 57 57% of assets are less volatile |
Expected Return
-0.75 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Q2 Metals 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 Q2 Metals by adding Q2 Metals to a well-diversified portfolio.
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Q2 Metals Valuation on November 20, 2024
It is possible to determine the worth of Q2 Metals on a given historical date. On November 20, 2024 QUEXF was worth 0.71 at the beginning of the trading date compared to the closed value of 0.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Q2 Metals otc stock. Still, in general, we apply an absolute valuation method to find Q2 Metals' 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 Q2 Metals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Q2 Metals' related companies.
Open | High | Low | Close | Volume | |
0.72 | 0.72 | 0.69 | 0.71 | 11,170 | |
11/20/2024 | 0.71 | 0.72 | 0.70 | 0.70 | 2,742 |
0.70 | 0.70 | 0.69 | 0.69 | 51,700 |
Backtest Q2 Metals | | | Q2 Metals History | | | Q2 Metals Valuation | Previous | Next |
Q2 Metals Trading Date Momentum on November 20, 2024
On November 21 2024 Q2 Metals Corp was traded for 0.69 at the closing time. The highest daily price throughout the period was 0.70 and the lowest price was 0.69 . The daily volume was 51.7 K. The net trading volume on 11/21/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.43% . The trading delta at closing time to current closing price is 12.86% . |
Q2 Metals Corp Fundamentals Correlations and Trends
By evaluating Q2 Metals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Q2 Metals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. QUEXF financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Q2 Metals OTC Stock history
Q2 Metals 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 QUEXF is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Q2 Metals 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 Q2 Metals stock prices may prove useful in developing a viable investing in Q2 Metals
Q2 Metals OTC Stock Technical Analysis
Q2 Metals technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Q2 Metals Period Price Range
Low | January 22, 2025
| High |
0.00 | 0.00 |
Q2 Metals Corp cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB 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.
Q2 Metals January 22, 2025 Market Strength
Market strength indicators help investors to evaluate how Q2 Metals otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Q2 Metals shares will generate the highest return on investment. By undertsting and applying Q2 Metals otc stock market strength indicators, traders can identify Q2 Metals Corp entry and exit signals to maximize returns
Q2 Metals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Q2 Metals' price direction in advance. Along with the technical and fundamental analysis of QUEXF OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of QUEXF 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 | (0.09) | |||
Jensen Alpha | (0.77) | |||
Total Risk Alpha | (0.97) | |||
Treynor Ratio | (6.42) |
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Volume Indicators |
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When running Q2 Metals' price analysis, check to measure Q2 Metals' 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 Q2 Metals is operating at the current time. Most of Q2 Metals' value examination focuses on studying past and present price action to predict the probability of Q2 Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Q2 Metals' price. Additionally, you may evaluate how the addition of Q2 Metals to your portfolios can decrease your overall portfolio volatility.
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