Quantum Stock Odds of Future Stock Price Finishing Over 17.17
| QMCO Stock | USD 71.51 4.14 6.15% |
Quantum |
Quantum Target Price Odds to finish over 17.17
The tendency of Quantum Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above $ 17.17 in 90 days |
| 71.51 | 90 days | 17.17 | about 34.33 |
Based on a normal probability distribution, the odds of Quantum to stay above $ 17.17 in 90 days from now is about 34.33 (This Quantum probability density function shows the probability of Quantum Stock to fall within a particular range of prices over 90 days) . Probability of Quantum price to stay between $ 17.17 and its current price of $71.51 at the end of the 90-day period is about 34.33 .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.35 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Quantum will likely underperform. In addition to that Quantum has an alpha of 7.8033, implying that it can generate a 7.8 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Quantum Price Density |
| Price |
Predictive Modules for Quantum
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Quantum. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Quantum'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.
Quantum Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Quantum is not an exception. The market had few large corrections towards the Quantum's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Quantum, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Quantum within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 7.80 | |
β | Beta against Dow Jones | 2.35 | |
σ | Overall volatility | 14.08 | |
Ir | Information ratio | 0.24 |
Quantum Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Quantum for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Quantum can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Quantum is way too risky over 90 days horizon | |
| Quantum appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 311.6 M. Net Loss for the year was (41.29 M) with profit before overhead, payroll, taxes, and interest of 133.94 M. | |
| Quantum currently holds about 26.53 M in cash with (10.16 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.26. | |
| Quantum has a poor financial position based on the latest SEC disclosures | |
| Roughly 14.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from finance.yahoo.com: Thursdays 29 percent Jump Propels Rigettis Quantum Revolution to 1,390 percent YTD Gains |
Quantum Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Quantum Stock often depends not only on the future outlook of the current and potential Quantum's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Quantum's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 4.8 M | |
| Cash And Short Term Investments | 25.7 M |
Quantum Technical Analysis
Quantum's future price can be derived by breaking down and analyzing its technical indicators over time. Quantum Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Quantum. In general, you should focus on analyzing Quantum Stock price patterns and their correlations with different microeconomic environments and drivers.
Quantum Predictive Forecast Models
Quantum's time-series forecasting models is one of many Quantum's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Quantum's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Quantum
Checking the ongoing alerts about Quantum for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Quantum help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Quantum is way too risky over 90 days horizon | |
| Quantum appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 311.6 M. Net Loss for the year was (41.29 M) with profit before overhead, payroll, taxes, and interest of 133.94 M. | |
| Quantum currently holds about 26.53 M in cash with (10.16 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.26. | |
| Quantum has a poor financial position based on the latest SEC disclosures | |
| Roughly 14.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from finance.yahoo.com: Thursdays 29 percent Jump Propels Rigettis Quantum Revolution to 1,390 percent YTD Gains |
Check out Quantum Backtesting, Quantum Valuation, Quantum Correlation, Quantum Hype Analysis, Quantum Volatility, Quantum History as well as Quantum Performance. To learn how to invest in Quantum Stock, please use our How to Invest in Quantum guide.You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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.