Quantum Stock Technical Analysis
QMCO Stock | USD 21.77 12.64 138.44% |
As of the 25th of November, Quantum holds the Risk Adjusted Performance of 0.1077, semi deviation of 7.16, and Coefficient Of Variation of 781.74. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Quantum, as well as the relationship between them.
Quantum Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Quantum, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to QuantumQuantum |
Quantum Analyst Consensus
Target Price | Advice | # of Analysts | |
1.1 | Hold | 2 | Odds |
Most Quantum analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Quantum stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Quantum, talking to its executives and customers, or listening to Quantum conference calls.
Quantum 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.
Quantum Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Quantum volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Quantum Trend Analysis
Use this graph to draw trend lines for Quantum. You can use it to identify possible trend reversals for Quantum as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Quantum price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Quantum Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Quantum applied against its price change over selected period. The best fit line has a slop of 0.06 , which means Quantum will continue generating value for investors. It has 122 observation points and a regression sum of squares at 128.58, which is the sum of squared deviations for the predicted Quantum price change compared to its average price change.About Quantum Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Quantum on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Quantum based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Quantum price pattern first instead of the macroeconomic environment surrounding Quantum. By analyzing Quantum's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Quantum's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Quantum specific price patterns or momentum indicators. Please read more on our technical analysis page.
2023 | 2024 (projected) | Dividend Yield | 0.00475 | 0.004222 | Price To Sales Ratio | 0.17 | 0.16 |
Quantum November 25, 2024 Technical Indicators
Most technical analysis of Quantum help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Quantum from various momentum indicators to cycle indicators. When you analyze Quantum charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.1077 | |||
Market Risk Adjusted Performance | 0.3432 | |||
Mean Deviation | 8.16 | |||
Semi Deviation | 7.16 | |||
Downside Deviation | 9.0 | |||
Coefficient Of Variation | 781.74 | |||
Standard Deviation | 17.93 | |||
Variance | 321.55 | |||
Information Ratio | 0.1206 | |||
Jensen Alpha | 1.46 | |||
Total Risk Alpha | (0.54) | |||
Sortino Ratio | 0.2404 | |||
Treynor Ratio | 0.3332 | |||
Maximum Drawdown | 51.59 | |||
Value At Risk | (9.76) | |||
Potential Upside | 16.33 | |||
Downside Variance | 80.93 | |||
Semi Variance | 51.31 | |||
Expected Short fall | (9.09) | |||
Skewness | 5.31 | |||
Kurtosis | 36.91 |
Quantum November 25, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Quantum stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 16,180,425 | ||
Daily Balance Of Power | 0.89 | ||
Rate Of Daily Change | 2.38 | ||
Day Median Price | 20.64 | ||
Day Typical Price | 21.02 | ||
Price Action Indicator | 7.45 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quantum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Quantum Stock, please use our How to Invest in Quantum guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Technology Hardware, Storage & Peripherals 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 Quantum. If investors know Quantum 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 Quantum listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (13.13) | Revenue Per Share 60.743 | Quarterly Revenue Growth (0.23) | Return On Assets (0.12) |
The market value of Quantum is measured differently than its book value, which is the value of Quantum that is recorded on the company's balance sheet. Investors also form their own opinion of Quantum's value that differs from its market value or its book value, called intrinsic value, which is Quantum'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 Quantum's market value can be influenced by many factors that don't directly affect Quantum'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 Quantum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Quantum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Quantum'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.