Quanterix Corp Stock Performance
| QTRX Stock | USD 11.75 0.03 0.26% |
The company holds a Beta of 2.43, 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, Quanterix Corp will likely underperform. At this point, Quanterix Corp has a negative expected return of -0.16%. Please make sure to check Quanterix Corp's information ratio, skewness, day typical price, as well as the relationship between the treynor ratio and daily balance of power , to decide if Quanterix Corp 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 Quanterix Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest fragile performance, the Stock's basic indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the company investors. ...more
Actual Historical Performance (%)
One Day Return 1.96 | Five Day Return (0.25) | Year To Date Return (55.99) | Ten Year Return (31.60) | All Time Return (31.60) |
1 | Disposition of 368 shares by Masoud Toloue of Quanterix Corp at 13.03 subject to Rule 16b-3 | 08/30/2024 |
2 | Acquisition by Masoud Toloue of 19000 shares of Quanterix Corp at 10.9 subject to Rule 16b-3 | 09/06/2024 |
3 | Disposition of 1120 shares by Masoud Toloue of Quanterix Corp at 12.82 subject to Rule 16b-3 | 09/13/2024 |
4 | Acquisition by Donnelly William P of 1000 shares of Quanterix Corp at 12.5 subject to Rule 16b-3 | 10/01/2024 |
5 | Acquisition by Elliott Jeffrey Thomas of 25908 shares of Quanterix Corp at 13.35 subject to Rule 16b-3 | 10/04/2024 |
6 | Disposition of tradable shares by Sriram Vandana of Quanterix Corp at 12.48 subject to Rule 16b-3 | 10/15/2024 |
7 | Quanterix Corp Trading Down 3.35 percent on Oct 23 | 10/23/2024 |
8 | Acquisition by Meister Paul M of 6412 shares of Quanterix Corp at 27.15 subject to Rule 16b-3 | 11/01/2024 |
9 | Quanterix reports Q3 results | 11/12/2024 |
10 | Quanterix Corp Trading Down 13.25 percent on Nov 13 | 11/13/2024 |
11 | Shareholders that lost money on Quanterix Corporation should contact Levi Korsinsky about Securities Fraud Investigation - QTRX | 11/14/2024 |
12 | QTRX ACTIVE INVESTIGATION Contact Levi Korsinsky if you lost money on your Quanterix Corporation investment | 11/15/2024 |
13 | Investors With Losses Are Invited To Help The Schall Law Firm Investigate Whether Quanterix Corporation Defrauded The Public | 11/18/2024 |
14 | Quanterix Corporation Investigated Regarding Potential Securities Law Violations - Contact Levi Korsinsky for Details - QTRX | 11/19/2024 |
15 | Rosen Law Firm Encourages Quanterix Corporation Investors to Inquire About Securities Class Action Investigation QTRX | 11/21/2024 |
| Begin Period Cash Flow | 341.3 M |
Quanterix |
Quanterix Corp Relative Risk vs. Return Landscape
If you would invest 1,368 in Quanterix Corp on August 24, 2024 and sell it today you would lose (196.00) from holding Quanterix Corp or give up 14.33% of portfolio value over 90 days. Quanterix Corp is currently does not generate positive expected returns and assumes 3.9963% risk (volatility on return distribution) over the 90 days horizon. In different words, 35% of stocks are less volatile than Quanterix, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Quanterix Corp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Quanterix Corp's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Quanterix Corp, and traders can use it to determine the average amount a Quanterix Corp'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 = -0.04
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| Negative Returns | QTRX |
Estimated Market Risk
| 4.0 actual daily | 35 65% of assets are more volatile |
Expected Return
| -0.16 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 Quanterix Corp 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 Quanterix Corp by adding Quanterix Corp to a well-diversified portfolio.
Quanterix Corp Fundamentals Growth
Quanterix Stock prices reflect investors' perceptions of the future prospects and financial health of Quanterix Corp, and Quanterix Corp 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 Quanterix Stock performance.
| Return On Equity | -0.11 | ||||
| Return On Asset | -0.0782 | ||||
| Profit Margin | (0.31) % | ||||
| Operating Margin | (0.38) % | ||||
| Current Valuation | 165.66 M | ||||
| Shares Outstanding | 38.38 M | ||||
| Price To Book | 1.26 X | ||||
| Price To Sales | 3.48 X | ||||
| Revenue | 122.37 M | ||||
| Gross Profit | 46.81 M | ||||
| EBITDA | (38.09 M) | ||||
| Net Income | (32.33 M) | ||||
| Cash And Equivalents | 361.29 M | ||||
| Cash Per Share | 9.77 X | ||||
| Total Debt | 41.46 M | ||||
| Debt To Equity | 0.11 % | ||||
| Current Ratio | 11.27 X | ||||
| Book Value Per Share | 8.77 X | ||||
| Cash Flow From Operations | (18.9 M) | ||||
| Earnings Per Share | (1.04) X | ||||
| Market Capitalization | 475.9 M | ||||
| Total Asset | 425.01 M | ||||
| Retained Earnings | (434.5 M) | ||||
| Working Capital | 339.94 M | ||||
About Quanterix Corp Performance
Evaluating Quanterix Corp's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Quanterix Corp 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 Quanterix Corp 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 | 157.83 | 90.93 | |
| Return On Tangible Assets | (0.08) | (0.08) | |
| Return On Capital Employed | (0.13) | (0.12) | |
| Return On Assets | (0.08) | (0.08) | |
| Return On Equity | (0.09) | (0.10) |
Things to note about Quanterix Corp performance evaluation
Checking the ongoing alerts about Quanterix Corp for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Quanterix Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Quanterix Corp generated a negative expected return over the last 90 days | |
| Quanterix Corp has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 122.37 M. Net Loss for the year was (32.33 M) with profit before overhead, payroll, taxes, and interest of 46.81 M. | |
| Quanterix Corp currently holds about 361.29 M in cash with (18.9 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 9.77. | |
| Over 85.0% of the company shares are owned by institutional investors | |
| Latest headline from businesswire.com: Rosen Law Firm Encourages Quanterix Corporation Investors to Inquire About Securities Class Action Investigation QTRX |
- Analyzing Quanterix Corp'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 Quanterix Corp's stock is overvalued or undervalued compared to its peers.
- Examining Quanterix Corp'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 Quanterix Corp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Quanterix Corp's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Quanterix Corp's stock. These opinions can provide insight into Quanterix Corp's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Quanterix Stock Analysis
When running Quanterix Corp's price analysis, check to measure Quanterix 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 Quanterix Corp is operating at the current time. Most of Quanterix Corp's value examination focuses on studying past and present price action to predict the probability of Quanterix 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 Quanterix Corp's price. Additionally, you may evaluate how the addition of Quanterix Corp to your portfolios can decrease your overall portfolio volatility.