Quantumscape Corp Stock Market Value
| QS Stock | USD 5.04 0.03 0.59% |
| Symbol | Quantumscape |
Quantumscape Corp Price To Book Ratio
Is Automotive Parts & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Quantumscape Corp. If investors know Quantumscape will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Quantumscape Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.95) | Return On Assets (0.23) | Return On Equity (0.38) |
The market value of Quantumscape Corp is measured differently than its book value, which is the value of Quantumscape that is recorded on the company's balance sheet. Investors also form their own opinion of Quantumscape Corp's value that differs from its market value or its book value, called intrinsic value, which is Quantumscape Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Quantumscape Corp's market value can be influenced by many factors that don't directly affect Quantumscape Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Quantumscape Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Quantumscape Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Quantumscape Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Quantumscape Corp 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Quantumscape Corp's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Quantumscape Corp.
| 12/02/2022 |
| 11/21/2024 |
If you would invest 0.00 in Quantumscape Corp on December 2, 2022 and sell it all today you would earn a total of 0.00 from holding Quantumscape Corp or generate 0.0% return on investment in Quantumscape Corp over 720 days. Quantumscape Corp is related to or competes with Mobileye Global, Innoviz Technologies, Aeva Technologies, Hyliion Holdings, Luminar Technologies, Hesai Group, and Kandi Technologies. QuantumScape Corporation, a development stage company, focuses on the development and commercialization of solid-state l... More
Quantumscape Corp Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Quantumscape Corp's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Quantumscape Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 33.56 | |||
| Value At Risk | (5.51) | |||
| Potential Upside | 4.81 |
Quantumscape Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Quantumscape Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Quantumscape Corp's standard deviation. In reality, there are many statistical measures that can use Quantumscape Corp historical prices to predict the future Quantumscape Corp's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.63) | |||
| Treynor Ratio | (0.13) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Quantumscape Corp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Quantumscape Corp Backtested Returns
Quantumscape Corp maintains Sharpe Ratio (i.e., Efficiency) of -0.0511, which implies the firm had a -0.0511% return per unit of risk over the last 3 months. Quantumscape Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Quantumscape Corp's Coefficient Of Variation of (3,366), risk adjusted performance of (0.01), and Variance of 18.71 to confirm the risk estimate we provide. The company holds a Beta of 1.05, which implies a somewhat significant risk relative to the market. Quantumscape Corp returns are very sensitive to returns on the market. As the market goes up or down, Quantumscape Corp is expected to follow. At this point, Quantumscape Corp has a negative expected return of -0.22%. Please make sure to check Quantumscape Corp's maximum drawdown, as well as the relationship between the daily balance of power and relative strength index , to decide if Quantumscape Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.40 |
Average predictability
Quantumscape Corp has average predictability. Overlapping area represents the amount of predictability between Quantumscape Corp time series from 2nd of December 2022 to 27th of November 2023 and 27th of November 2023 to 21st of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Quantumscape Corp price movement. The serial correlation of 0.4 indicates that just about 40.0% of current Quantumscape Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.4 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.83 |
Quantumscape Corp lagged returns against current returns
Autocorrelation, which is Quantumscape Corp stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Quantumscape Corp's stock expected returns. We can calculate the autocorrelation of Quantumscape Corp returns to help us make a trade decision. For example, suppose you find that Quantumscape Corp has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Quantumscape Corp regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Quantumscape Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Quantumscape Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Quantumscape Corp stock over time.
Current vs Lagged Prices |
| Timeline |
Quantumscape Corp Lagged Returns
When evaluating Quantumscape Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Quantumscape Corp stock have on its future price. Quantumscape Corp autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Quantumscape Corp autocorrelation shows the relationship between Quantumscape Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Quantumscape Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Quantumscape Stock Analysis
When running Quantumscape Corp's price analysis, check to measure Quantumscape Corp'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 Quantumscape Corp is operating at the current time. Most of Quantumscape Corp's value examination focuses on studying past and present price action to predict the probability of Quantumscape Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quantumscape Corp's price. Additionally, you may evaluate how the addition of Quantumscape Corp to your portfolios can decrease your overall portfolio volatility.