D Wave Quantum Stock Performance
| QBTS Stock | USD 2.89 0.04 1.37% |
D Wave holds a performance score of 17 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 4.22, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, D Wave will likely underperform. Use D Wave treynor ratio, expected short fall, as well as the relationship between the Expected Short fall and day median price , to analyze future returns on D Wave.
Risk-Adjusted Performance
17 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in D Wave Quantum are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain basic indicators, D Wave unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 0.91 | Five Day Return 91.98 | Year To Date Return 259.63 | Ten Year Return (70.87) | All Time Return (70.87) |
1 | Our MicroSmall Cap AI Stocks Portfolio Went Down 5 percent In August | 09/06/2024 |
2 | D-Wave and Rigetti Face Potential Delisting Amid Stock Price Slumps | 10/08/2024 |
3 | Financial Comparison D-Wave Quantum and Beyond Commerce | 10/15/2024 |
4 | Disposition of 7379 shares by Alan Baratz of D Wave at 1.17 subject to Rule 16b-3 | 10/21/2024 |
5 | Disposition of 500 shares by Goldman Sachs Group Inc of D Wave at 12.0 subject to Rule 16b-3 | 10/25/2024 |
6 | Insider Trading | 10/28/2024 |
7 | Acquisition by Ghai Rohit of 87035 shares of D Wave subject to Rule 16b-3 | 11/01/2024 |
8 | D-Wave Quantum regains compliance with NYSE | 11/04/2024 |
9 | D-Wave Achieves Significant Milestone with Calibration of 4,400 Qubit Advantage2 Processor | 11/06/2024 |
10 | IBN Coverage D-Wave Quantum Appoints Two Veteran Tech Leaders to Its Board of Directors | 11/08/2024 |
11 | Earnings call D-Wave reports mixed Q3 results amid quantum strides | 11/14/2024 |
12 | D-Wave Quantum Inc. Q3 2024 Earnings Call Transcript | 11/15/2024 |
13 | QBTS Stock Soars to 52-Week High, Reaching 2.47 - Investing.com | 11/22/2024 |
| Begin Period Cash Flow | 7.1 M |
QBTS |
D Wave Relative Risk vs. Return Landscape
If you would invest 99.00 in D Wave Quantum on August 27, 2024 and sell it today you would earn a total of 194.00 from holding D Wave Quantum or generate 195.96% return on investment over 90 days. D Wave Quantum is currently generating 2.0855% in daily expected returns and assumes 9.353% risk (volatility on return distribution) over the 90 days horizon. In different words, 83% of stocks are less volatile than QBTS, and 59% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
D Wave Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for D Wave's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as D Wave Quantum, and traders can use it to determine the average amount a D Wave's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.223
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | QBTS | |||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 9.35 actual daily | 83 83% of assets are less volatile |
Expected Return
| 2.09 actual daily | 41 59% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average D Wave is performing at about 17% 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 D Wave by adding it to a well-diversified portfolio.
D Wave Fundamentals Growth
QBTS Stock prices reflect investors' perceptions of the future prospects and financial health of D Wave, and D Wave fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on QBTS Stock performance.
| Return On Equity | -34.94 | ||||
| Return On Asset | -1.03 | ||||
| Operating Margin | (8.63) % | ||||
| Current Valuation | 681.72 M | ||||
| Shares Outstanding | 224.02 M | ||||
| Price To Book | 32.55 X | ||||
| Price To Sales | 64.88 X | ||||
| Revenue | 8.76 M | ||||
| Gross Profit | 4.25 M | ||||
| EBITDA | (80.83 M) | ||||
| Net Income | (82.72 M) | ||||
| Cash And Equivalents | 10.47 M | ||||
| Cash Per Share | 0.09 X | ||||
| Total Debt | 72.65 M | ||||
| Current Ratio | 0.64 X | ||||
| Book Value Per Share | (0.15) X | ||||
| Cash Flow From Operations | (60.65 M) | ||||
| Earnings Per Share | (0.41) X | ||||
| Market Capitalization | 656.36 M | ||||
| Total Asset | 59.36 M | ||||
| Retained Earnings | (483.06 M) | ||||
| Working Capital | 35.8 M | ||||
About D Wave Performance
Assessing D Wave's fundamental ratios provides investors with valuable insights into D Wave's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the D Wave is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 183.38 | 174.21 | |
| Return On Tangible Assets | (1.40) | (1.47) | |
| Return On Capital Employed | (1.67) | (1.76) | |
| Return On Assets | (1.39) | (1.46) | |
| Return On Equity | 3.38 | 3.55 |
Things to note about D Wave Quantum performance evaluation
Checking the ongoing alerts about D Wave for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for D Wave Quantum help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| D Wave Quantum is way too risky over 90 days horizon | |
| D Wave Quantum appears to be risky and price may revert if volatility continues | |
| D Wave Quantum has high likelihood to experience some financial distress in the next 2 years | |
| D Wave Quantum currently holds 72.65 M in liabilities. D Wave Quantum has a current ratio of 0.63, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about D Wave's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 8.76 M. Net Loss for the year was (82.72 M) with profit before overhead, payroll, taxes, and interest of 4.25 M. | |
| D Wave Quantum currently holds about 10.47 M in cash with (60.65 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09. | |
| D Wave Quantum has a poor financial position based on the latest SEC disclosures | |
| Roughly 55.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: QBTS Stock Soars to 52-Week High, Reaching 2.47 - Investing.com |
- Analyzing D Wave's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether D Wave's stock is overvalued or undervalued compared to its peers.
- Examining D Wave's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating D Wave's management team can have a significant impact on its success or failure. Reviewing the track record and experience of D Wave's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of D Wave's stock. These opinions can provide insight into D Wave's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for QBTS Stock Analysis
When running D Wave's price analysis, check to measure D Wave'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 D Wave is operating at the current time. Most of D Wave's value examination focuses on studying past and present price action to predict the probability of D Wave's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move D Wave's price. Additionally, you may evaluate how the addition of D Wave to your portfolios can decrease your overall portfolio volatility.