Quipt Home Medical Stock Performance
| QIPT Stock | USD 2.40 0.01 0.41% |
The company holds a Beta of 1.46, which implies 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, Quipt Home will likely underperform. At this point, Quipt Home Medical has a negative expected return of -0.21%. Please make sure to check Quipt Home's information ratio, skewness, as well as the relationship between the Skewness and day typical price , to decide if Quipt Home Medical performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Quipt Home Medical has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Stock's basic indicators remain comparatively stable which may send shares a bit higher in December 2024. The newest uproar may also be a sign of mid-term up-swing for the firm private investors. ...more
Actual Historical Performance (%)
One Day Return 2.49 | Five Day Return 1.65 | Year To Date Return (52.41) | Ten Year Return (77.34) | All Time Return (21.34) |
Last Split Factor 1:4 | Dividend Date 2018-12-31 | Last Split Date 2021-05-13 |
1 | Quipt Home Medical Stock Price Down 1.6 percent - MarketBeat | 09/27/2024 |
2 | Insider Trading | 10/01/2024 |
3 | Analysts Set Quipt Home Medical Corp. Target Price at 6.25 - MarketBeat | 11/20/2024 |
| Begin Period Cash Flow | 8.5 M | |
| Free Cash Flow | 33.7 M |
Quipt |
Quipt Home Relative Risk vs. Return Landscape
If you would invest 279.00 in Quipt Home Medical on August 28, 2024 and sell it today you would lose (39.00) from holding Quipt Home Medical or give up 13.98% of portfolio value over 90 days. Quipt Home Medical is currently does not generate positive expected returns and assumes 2.3838% risk (volatility on return distribution) over the 90 days horizon. In different words, 21% of stocks are less volatile than Quipt, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Quipt Home Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Quipt Home's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Quipt Home Medical, and traders can use it to determine the average amount a Quipt Home'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 = -0.0883
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| Negative Returns | QIPT |
Estimated Market Risk
| 2.38 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Quipt Home 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 Quipt Home by adding Quipt Home to a well-diversified portfolio.
Quipt Home Fundamentals Growth
Quipt Stock prices reflect investors' perceptions of the future prospects and financial health of Quipt Home, and Quipt Home 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 Quipt Stock performance.
| Return On Equity | -0.0451 | ||||
| Return On Asset | 0.0115 | ||||
| Profit Margin | (0.02) % | ||||
| Operating Margin | 0.01 % | ||||
| Current Valuation | 186.86 M | ||||
| Shares Outstanding | 43.09 M | ||||
| Price To Earning | 98.25 X | ||||
| Price To Book | 0.95 X | ||||
| Price To Sales | 0.43 X | ||||
| Revenue | 221.74 M | ||||
| Gross Profit | 94.42 M | ||||
| EBITDA | 44.07 M | ||||
| Net Income | (2.78 M) | ||||
| Cash And Equivalents | 18.54 M | ||||
| Cash Per Share | 0.55 X | ||||
| Total Debt | 97.96 M | ||||
| Debt To Equity | 0.54 % | ||||
| Current Ratio | 1.02 X | ||||
| Book Value Per Share | 2.55 X | ||||
| Cash Flow From Operations | 40.54 M | ||||
| Earnings Per Share | (0.12) X | ||||
| Market Capitalization | 103.85 M | ||||
| Total Asset | 247.41 M | ||||
| Retained Earnings | (163.81 M) | ||||
| Working Capital | 4.86 M | ||||
About Quipt Home Performance
Assessing Quipt Home's fundamental ratios provides investors with valuable insights into Quipt Home's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Quipt Home 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 | 104.48 | 61.93 | |
| Return On Tangible Assets | (0.02) | (0.02) | |
| Return On Capital Employed | 0.02 | 0.02 | |
| Return On Assets | (0.01) | (0.01) | |
| Return On Equity | (0.02) | (0.02) |
Things to note about Quipt Home Medical performance evaluation
Checking the ongoing alerts about Quipt Home for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Quipt Home Medical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Quipt Home Medical generated a negative expected return over the last 90 days | |
| Quipt Home Medical has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 221.74 M. Net Loss for the year was (2.78 M) with profit before overhead, payroll, taxes, and interest of 94.42 M. | |
| Quipt Home Medical has a frail financial position based on the latest SEC disclosures | |
| About 55.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Analysts Set Quipt Home Medical Corp. Target Price at 6.25 - MarketBeat |
- Analyzing Quipt Home'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 Quipt Home's stock is overvalued or undervalued compared to its peers.
- Examining Quipt Home'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 Quipt Home's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Quipt Home's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Quipt Home's stock. These opinions can provide insight into Quipt Home's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Quipt Stock Analysis
When running Quipt Home's price analysis, check to measure Quipt Home'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 Quipt Home is operating at the current time. Most of Quipt Home's value examination focuses on studying past and present price action to predict the probability of Quipt Home's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quipt Home's price. Additionally, you may evaluate how the addition of Quipt Home to your portfolios can decrease your overall portfolio volatility.