Quorum Information Technologies Stock Performance
| QIS Stock | CAD 0.87 0.02 2.35% |
The company holds a Beta of -0.58, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Quorum Information are expected to decrease at a much lower rate. During the bear market, Quorum Information is likely to outperform the market. At this point, Quorum Information has a negative expected return of -0.12%. Please make sure to check Quorum Information's skewness, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Quorum Information 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 Quorum Information Technologies has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest abnormal performance, the Stock's basic indicators remain stable and the latest fuss on Wall Street may also be a sign of long-term gains for the venture sophisticated investors. ...more
1 | Quorum Information Technologies Trading 1.2 percent Higher - Time to Buy - MarketBeat | 10/28/2024 |
2 | Quorum Information Technologies Inc Q3 2024 Earnings Call Highlights Record ... By GuruFocus - Investing.com Canada | 11/22/2024 |
| Begin Period Cash Flow | 4.9 M |
Quorum |
Quorum Information Relative Risk vs. Return Landscape
If you would invest 94.00 in Quorum Information Technologies on August 27, 2024 and sell it today you would lose (9.00) from holding Quorum Information Technologies or give up 9.57% of portfolio value over 90 days. Quorum Information Technologies is currently producing negative expected returns and takes up 2.8379% volatility of returns over 90 trading days. Put another way, 25% of traded stocks are less volatile than Quorum, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Quorum Information Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Quorum Information's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Quorum Information Technologies, and traders can use it to determine the average amount a Quorum Information'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 = -0.0422
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | QIS |
Estimated Market Risk
| 2.84 actual daily | 25 75% of assets are more volatile |
Expected Return
| -0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Quorum Information 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 Quorum Information by adding Quorum Information to a well-diversified portfolio.
Quorum Information Fundamentals Growth
Quorum Stock prices reflect investors' perceptions of the future prospects and financial health of Quorum Information, and Quorum Information 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 Quorum Stock performance.
| Return On Equity | 0.0053 | ||||
| Return On Asset | 0.0384 | ||||
| Profit Margin | 0 % | ||||
| Operating Margin | 0.08 % | ||||
| Current Valuation | 70.02 M | ||||
| Shares Outstanding | 73.58 M | ||||
| Price To Earning | 280.00 X | ||||
| Price To Book | 2.18 X | ||||
| Price To Sales | 1.55 X | ||||
| Revenue | 40.26 M | ||||
| Gross Profit | 18.66 M | ||||
| EBITDA | 6.55 M | ||||
| Net Income | 233.95 K | ||||
| Cash And Equivalents | 9.33 M | ||||
| Cash Per Share | 0.13 X | ||||
| Total Debt | 12.94 M | ||||
| Debt To Equity | 0.44 % | ||||
| Current Ratio | 3.20 X | ||||
| Book Value Per Share | 0.37 X | ||||
| Cash Flow From Operations | 4.62 M | ||||
| Market Capitalization | 62.55 M | ||||
| Total Asset | 45.83 M | ||||
| Retained Earnings | (7.35 M) | ||||
| Working Capital | 4.16 M | ||||
About Quorum Information Performance
Evaluating Quorum Information's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Quorum Information has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Quorum Information has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 0.27 | 0.26 | |
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.06 | 0.06 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.01 | 0.01 |
Things to note about Quorum Information performance evaluation
Checking the ongoing alerts about Quorum Information for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Quorum Information help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Quorum Information generated a negative expected return over the last 90 days | |
| Quorum Information has some characteristics of a very speculative penny stock | |
| Quorum Information is unlikely to experience financial distress in the next 2 years | |
| About 58.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Quorum Information Technologies Inc Q3 2024 Earnings Call Highlights Record ... By GuruFocus - Investing.com Canada |
- Analyzing Quorum Information'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 Quorum Information's stock is overvalued or undervalued compared to its peers.
- Examining Quorum Information'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 Quorum Information's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Quorum Information's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Quorum Information's stock. These opinions can provide insight into Quorum Information's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Quorum Stock Analysis
When running Quorum Information's price analysis, check to measure Quorum Information'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 Quorum Information is operating at the current time. Most of Quorum Information's value examination focuses on studying past and present price action to predict the probability of Quorum Information's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quorum Information's price. Additionally, you may evaluate how the addition of Quorum Information to your portfolios can decrease your overall portfolio volatility.