Quarterhill Stock Performance
QTRH Stock | CAD 1.55 0.01 0.64% |
The company holds a Beta of 0.45, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Quarterhill's returns are expected to increase less than the market. However, during the bear market, the loss of holding Quarterhill is expected to be smaller as well. At this point, Quarterhill has a negative expected return of -0.0556%. Please make sure to check Quarterhill's jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if Quarterhill 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 Quarterhill has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, Quarterhill is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
Dividend Date 2023-04-11 | Ex Dividend Date 2023-03-30 |
1 | Rusty Lewis Purchases 15,000 Shares of Quarterhill Inc. Stock - MarketBeat | 09/13/2024 |
2 | Quarterhill Boosts Growth with Strategic Changes - TipRanks | 11/08/2024 |
Begin Period Cash Flow | 66.4 M |
Quarterhill |
Quarterhill Relative Risk vs. Return Landscape
If you would invest 165.00 in Quarterhill on August 24, 2024 and sell it today you would lose (10.00) from holding Quarterhill or give up 6.06% of portfolio value over 90 days. Quarterhill is generating negative expected returns and assumes 3.0295% volatility on return distribution over the 90 days horizon. Simply put, 26% of stocks are less volatile than Quarterhill, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
Risk |
Quarterhill Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Quarterhill's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Quarterhill, and traders can use it to determine the average amount a Quarterhill'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 = -0.0184
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Negative Returns | QTRH |
Estimated Market Risk
3.03 actual daily | 26 74% of assets are more volatile |
Expected Return
-0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Quarterhill 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 Quarterhill by adding Quarterhill to a well-diversified portfolio.
Quarterhill Fundamentals Growth
Quarterhill Stock prices reflect investors' perceptions of the future prospects and financial health of Quarterhill, and Quarterhill 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 Quarterhill Stock performance.
Return On Equity | -0.16 | ||||
Return On Asset | -0.0337 | ||||
Profit Margin | (0.16) % | ||||
Operating Margin | (0.15) % | ||||
Current Valuation | 237.67 M | ||||
Shares Outstanding | 115.69 M | ||||
Price To Earning | 10.25 X | ||||
Price To Book | 0.97 X | ||||
Price To Sales | 1.15 X | ||||
Revenue | 194.32 M | ||||
Gross Profit | 37.44 M | ||||
EBITDA | 1.3 M | ||||
Net Income | (43.8 M) | ||||
Cash And Equivalents | 66.36 M | ||||
Cash Per Share | 1.07 X | ||||
Total Debt | 86.54 M | ||||
Debt To Equity | 0.37 % | ||||
Current Ratio | 3.06 X | ||||
Book Value Per Share | 1.16 X | ||||
Cash Flow From Operations | (27.56 M) | ||||
Earnings Per Share | (0.29) X | ||||
Market Capitalization | 180.48 M | ||||
Total Asset | 332.08 M | ||||
Retained Earnings | (423.28 M) | ||||
Working Capital | 104.61 M | ||||
Current Asset | 130.33 M | ||||
Current Liabilities | 32.43 M | ||||
About Quarterhill Performance
By examining Quarterhill's fundamental ratios, stakeholders can obtain critical insights into Quarterhill's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Quarterhill is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Last Reported | Projected for Next Year | ||
Days Of Inventory On Hand | 33.85 | 32.16 | |
Return On Tangible Assets | (0.26) | (0.28) | |
Return On Capital Employed | (0.09) | (0.09) | |
Return On Assets | (0.15) | (0.16) | |
Return On Equity | (0.26) | (0.28) |
Things to note about Quarterhill performance evaluation
Checking the ongoing alerts about Quarterhill for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Quarterhill help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Quarterhill generated a negative expected return over the last 90 days | |
Quarterhill may become a speculative penny stock | |
Quarterhill has high historical volatility and very poor performance | |
The company reported the revenue of 194.32 M. Net Loss for the year was (43.8 M) with profit before overhead, payroll, taxes, and interest of 37.44 M. | |
Quarterhill has accumulated about 66.36 M in cash with (27.56 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.07. | |
Latest headline from news.google.com: Quarterhill Boosts Growth with Strategic Changes - TipRanks |
- Analyzing Quarterhill'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 Quarterhill's stock is overvalued or undervalued compared to its peers.
- Examining Quarterhill'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 Quarterhill's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Quarterhill's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Quarterhill's stock. These opinions can provide insight into Quarterhill's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Quarterhill Stock
Quarterhill financial ratios help investors to determine whether Quarterhill Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Quarterhill with respect to the benefits of owning Quarterhill security.