Quoin Pharmaceuticals Ltd Stock Beta
| QNRX Stock | USD 0.62 0.01 1.59% |
Quoin Pharmaceuticals Ltd fundamentals help investors to digest information that contributes to Quoin Pharmaceuticals' financial success or failures. It also enables traders to predict the movement of Quoin Stock. The fundamental analysis module provides a way to measure Quoin Pharmaceuticals' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Quoin Pharmaceuticals stock.
Quoin | Beta |
Quoin Pharmaceuticals Ltd Company Beta Analysis
Quoin Pharmaceuticals' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Quoin Pharmaceuticals Beta | 1.89 |
Most of Quoin Pharmaceuticals' fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Quoin Pharmaceuticals Ltd is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Quoin Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Quoin Pharmaceuticals is extremely important. It helps to project a fair market value of Quoin Stock properly, considering its historical fundamentals such as Beta. Since Quoin Pharmaceuticals' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Quoin Pharmaceuticals' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Quoin Pharmaceuticals' interrelated accounts and indicators.
Click cells to compare fundamentals
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Quoin Pharmaceuticals Ltd has a Beta of 1.886. This is 119.3% higher than that of the Biotechnology sector and 35.68% higher than that of the Health Care industry. The beta for all United States stocks is notably lower than that of the firm.
Quoin Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Quoin Pharmaceuticals' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Quoin Pharmaceuticals could also be used in its relative valuation, which is a method of valuing Quoin Pharmaceuticals by comparing valuation metrics of similar companies.Quoin Pharmaceuticals is currently under evaluation in beta category among its peers.
Quoin Pharmaceuticals Current Valuation Drivers
We derive many important indicators used in calculating different scores of Quoin Pharmaceuticals from analyzing Quoin Pharmaceuticals' financial statements. These drivers represent accounts that assess Quoin Pharmaceuticals' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Quoin Pharmaceuticals' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 39.2M | 13.6M | 4.7M | 6.9M | 4.4M | 4.2M | |
| Enterprise Value | 35.2M | 8.8M | (210.7K) | 4.0M | 2.0M | 1.9M |
Quoin Pharmaceuticals Institutional Holders
Institutional Holdings refers to the ownership stake in Quoin Pharmaceuticals that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Quoin Pharmaceuticals' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Quoin Pharmaceuticals' value.| Shares | Virtu Financial Llc | 2024-06-30 | 0.0 | Hrt Financial Llc | 2024-06-30 | 0.0 | Altium Capital Management, Lp | 2024-06-30 | 103.1 K | Renaissance Technologies Corp | 2024-09-30 | 38.7 K | Raymond James Finl Svs Advisors, Inc. | 2024-09-30 | 25.1 K | Two Sigma Securities, Llc | 2024-06-30 | 23.5 K | Susquehanna International Group, Llp | 2024-06-30 | 15.4 K | Rhumbline Advisers | 2024-06-30 | 14.8 K | Two Sigma Investments Llc | 2024-06-30 | 10.9 K | Ubs Group Ag | 2024-06-30 | 6.1 K | Bank Of America Corp | 2024-06-30 | 1000 |
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Quoin Pharmaceuticals will likely underperform.
Quoin Fundamentals
| Return On Equity | -1.0 | ||||
| Return On Asset | -0.36 | ||||
| Current Valuation | (7.15 M) | ||||
| Shares Outstanding | 5.05 M | ||||
| Shares Owned By Insiders | 2.44 % | ||||
| Shares Owned By Institutions | 5.88 % | ||||
| Number Of Shares Shorted | 478.43 K | ||||
| Price To Book | 0.58 X | ||||
| EBITDA | (9.27 M) | ||||
| Net Income | (8.69 M) | ||||
| Cash And Equivalents | 2.69 M | ||||
| Cash Per Share | 0.56 X | ||||
| Total Debt | 3.52 K | ||||
| Debt To Equity | 0.47 % | ||||
| Current Ratio | 0.96 X | ||||
| Book Value Per Share | 5.74 X | ||||
| Cash Flow From Operations | (7.86 M) | ||||
| Short Ratio | 0.20 X | ||||
| Earnings Per Share | (3.66) X | ||||
| Target Price | 4.5 | ||||
| Beta | 1.89 | ||||
| Market Capitalization | 3.16 M | ||||
| Total Asset | 12.17 M | ||||
| Retained Earnings | (46.2 M) | ||||
| Working Capital | 7.7 M | ||||
| Net Asset | 12.17 M |
About Quoin Pharmaceuticals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Quoin Pharmaceuticals Ltd's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Quoin Pharmaceuticals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Quoin Pharmaceuticals Ltd based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When running Quoin Pharmaceuticals' price analysis, check to measure Quoin Pharmaceuticals' 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 Quoin Pharmaceuticals is operating at the current time. Most of Quoin Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Quoin Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quoin Pharmaceuticals' price. Additionally, you may evaluate how the addition of Quoin Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.