Quartz Mountain Resources Stock Price on October 7, 2024

QZM Stock  CAD 0.39  0.01  2.63%   
Below is the normalized historical share price chart for Quartz Mountain Resources extending back to May 07, 2004. 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 Quartz Mountain stands at 0.39, as last reported on the 23rd of November, with the highest price reaching 0.39 and the lowest price hitting 0.39 during the day.
200 Day MA
0.4111
50 Day MA
0.4222
Beta
0.966
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Quartz Stock, it is important to understand the factors that can impact its price. Quartz Mountain Resources maintains Sharpe Ratio (i.e., Efficiency) of -0.0232, which implies the firm had a -0.0232% return per unit of risk over the last 3 months. Quartz Mountain Resources exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Quartz Mountain's Risk Adjusted Performance of (0.01), coefficient of variation of (4,415), and Variance of 22.36 to confirm the risk estimate we provide.
  
At this time, Quartz Mountain's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to climb to about 52.2 M in 2024, whereas Other Stockholder Equity is likely to drop slightly above 676.4 K in 2024. . Price Earnings To Growth Ratio is likely to climb to 0.46 in 2024, whereas Price Earnings Ratio is likely to drop (12.61) in 2024. Quartz Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0232

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Estimated Market Risk

 4.79
  actual daily
42
58% of assets are more volatile

Expected Return

 -0.11
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Quartz Mountain 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 Quartz Mountain by adding Quartz Mountain to a well-diversified portfolio.
Price Book
23.0158
Book Value
0.02
Enterprise Value
22 M
Enterprise Value Ebitda
(6.71)
Shares Float
11.8 M

Quartz Mountain Valuation on October 7, 2024

It is possible to determine the worth of Quartz Mountain on a given historical date. On October 7, 2024 Quartz was worth 0.48 at the beginning of the trading date compared to the closed value of 0.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Quartz Mountain stock. Still, in general, we apply an absolute valuation method to find Quartz Mountain'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 Quartz Mountain where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Quartz Mountain's related companies.
 Open High Low Close Volume
  0.48    0.48    0.48    0.48    5,501  
10/07/2024
  0.48    0.48    0.48    0.48    19,000  
  0.48    0.48    0.47    0.47    8,500  
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Open Value
0.48
0.48
Closing Value
14.84
Upside

Quartz Mountain Trading Date Momentum on October 7, 2024

On October 08 2024 Quartz Mountain Resources was traded for  0.47  at the closing time. The highest daily price throughout the period was 0.48  and the lowest price was  0.47 . The daily volume was 8.5 K. The net trading volume on 10/08/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 2.08% . The trading delta at closing time to current closing price is 10.42% .

Quartz Mountain Resources Fundamentals Correlations and Trends

By evaluating Quartz Mountain'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 Quartz Mountain's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Quartz financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Quartz Mountain Stock history

Quartz Mountain 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 Quartz is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Quartz Mountain Resources 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 Quartz Mountain stock prices may prove useful in developing a viable investing in Quartz Mountain
Last ReportedProjected for Next Year
Common Stock Shares Outstanding49.7 M52.2 M
Net Loss-1.1 M-1.1 M

Quartz Mountain Stock Technical Analysis

Quartz Mountain 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 Quartz Mountain technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Quartz Mountain 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

Quartz Mountain Period Price Range

Low
November 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Quartz Mountain Resources 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.

Quartz Mountain November 23, 2024 Market Strength

Market strength indicators help investors to evaluate how Quartz Mountain stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Quartz Mountain shares will generate the highest return on investment. By undertsting and applying Quartz Mountain stock market strength indicators, traders can identify Quartz Mountain Resources entry and exit signals to maximize returns

Quartz Mountain Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Quartz Mountain's price direction in advance. Along with the technical and fundamental analysis of Quartz Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Quartz 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.

Additional Tools for Quartz Stock Analysis

When running Quartz Mountain's price analysis, check to measure Quartz Mountain'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 Quartz Mountain is operating at the current time. Most of Quartz Mountain's value examination focuses on studying past and present price action to predict the probability of Quartz Mountain's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quartz Mountain's price. Additionally, you may evaluate how the addition of Quartz Mountain to your portfolios can decrease your overall portfolio volatility.