Quantumsi Stock Market Value
| QSI Stock | USD 1.62 0.41 33.88% |
| Symbol | QuantumSi |
QuantumSi Price To Book Ratio
Is Biotechnology 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 QuantumSi. If investors know QuantumSi 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 QuantumSi listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.64) | Revenue Per Share 0.016 | Quarterly Revenue Growth 2.529 | Return On Assets (0.23) | Return On Equity (0.36) |
The market value of QuantumSi is measured differently than its book value, which is the value of QuantumSi that is recorded on the company's balance sheet. Investors also form their own opinion of QuantumSi's value that differs from its market value or its book value, called intrinsic value, which is QuantumSi'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 QuantumSi's market value can be influenced by many factors that don't directly affect QuantumSi'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 QuantumSi's value and its price as these two are different measures arrived at by different means. Investors typically determine if QuantumSi is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, QuantumSi'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.
QuantumSi '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 QuantumSi'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 QuantumSi.
| 05/04/2023 |
| 11/24/2024 |
If you would invest 0.00 in QuantumSi on May 4, 2023 and sell it all today you would earn a total of 0.00 from holding QuantumSi or generate 0.0% return on investment in QuantumSi over 570 days. QuantumSi is related to or competes with Nurix Therapeutics, Seer, HCW Biologics, MediciNova, Beam Therapeutics, Intellia Therapeutics, and Editas Medicine. Quantum-Si incorporated, a life sciences company, develops a single molecule detection platform for sample preparation a... More
QuantumSi 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 QuantumSi'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 QuantumSi upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.14 | |||
| Information Ratio | 0.0943 | |||
| Maximum Drawdown | 133.58 | |||
| Value At Risk | (7.55) | |||
| Potential Upside | 10.0 |
QuantumSi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for QuantumSi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as QuantumSi's standard deviation. In reality, there are many statistical measures that can use QuantumSi historical prices to predict the future QuantumSi's volatility.| Risk Adjusted Performance | 0.088 | |||
| Jensen Alpha | 1.13 | |||
| Total Risk Alpha | (0.91) | |||
| Sortino Ratio | 0.2509 | |||
| Treynor Ratio | 0.3785 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of QuantumSi'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.
QuantumSi Backtested Returns
QuantumSi is out of control given 3 months investment horizon. QuantumSi maintains Sharpe Ratio (i.e., Efficiency) of 0.1, which implies the firm had a 0.1% return per unit of risk over the last 3 months. We are able to interpolate and collect thirty different technical indicators, which can help you to evaluate if expected returns of 1.67% are justified by taking the suggested risk. Use QuantumSi Semi Deviation of 5.09, risk adjusted performance of 0.088, and Coefficient Of Variation of 977.77 to evaluate company specific risk that cannot be diversified away. QuantumSi holds a performance score of 8 on a scale of zero to a hundred. The company holds a Beta of 4.39, 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, QuantumSi will likely underperform. Use QuantumSi jensen alpha, skewness, relative strength index, as well as the relationship between the value at risk and day median price , to analyze future returns on QuantumSi.
Auto-correlation | 0.37 |
Below average predictability
QuantumSi has below average predictability. Overlapping area represents the amount of predictability between QuantumSi time series from 4th of May 2023 to 13th of February 2024 and 13th of February 2024 to 24th 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 QuantumSi price movement. The serial correlation of 0.37 indicates that just about 37.0% of current QuantumSi price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.37 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
QuantumSi lagged returns against current returns
Autocorrelation, which is QuantumSi 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 QuantumSi's stock expected returns. We can calculate the autocorrelation of QuantumSi returns to help us make a trade decision. For example, suppose you find that QuantumSi 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 |
QuantumSi 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 QuantumSi stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if QuantumSi stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in QuantumSi stock over time.
Current vs Lagged Prices |
| Timeline |
QuantumSi Lagged Returns
When evaluating QuantumSi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of QuantumSi stock have on its future price. QuantumSi 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, QuantumSi autocorrelation shows the relationship between QuantumSi stock current value and its past values and can show if there is a momentum factor associated with investing in QuantumSi.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether QuantumSi offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of QuantumSi's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Quantumsi Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Quantumsi Stock:Check out QuantumSi Correlation, QuantumSi Volatility and QuantumSi Alpha and Beta module to complement your research on QuantumSi. For more detail on how to invest in QuantumSi Stock please use our How to Invest in QuantumSi guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
QuantumSi 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.