Quantum Numbers Stock Probability of Future Stock Price Finishing Over 0.065

QNC Stock  CAD 0.19  0.01  5.56%   
Quantum Numbers' future price is the expected price of Quantum Numbers instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Quantum Numbers performance during a given time horizon utilizing its historical volatility. Check out Quantum Numbers Backtesting, Quantum Numbers Valuation, Quantum Numbers Correlation, Quantum Numbers Hype Analysis, Quantum Numbers Volatility, Quantum Numbers History as well as Quantum Numbers Performance.
  
At this time, Quantum Numbers' Price To Sales Ratio is fairly stable compared to the past year. Price Earnings To Growth Ratio is likely to climb to 0.17 in 2024, whereas Price Book Value Ratio is likely to drop 3.88 in 2024. Please specify Quantum Numbers' target price for which you would like Quantum Numbers odds to be computed.

Quantum Numbers Target Price Odds to finish over 0.065

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 PriceHorizonTarget PriceOdds to stay above C$ 0.07  in 90 days
 0.19 90 days 0.07 
close to 99
Based on a normal probability distribution, the odds of Quantum Numbers to stay above C$ 0.07  in 90 days from now is close to 99 (This Quantum Numbers probability density function shows the probability of Quantum Stock to fall within a particular range of prices over 90 days) . Probability of Quantum Numbers price to stay between C$ 0.07  and its current price of C$0.19 at the end of the 90-day period is close to 99 .
Assuming the 90 days horizon Quantum Numbers has a beta of 0.7 indicating as returns on the market go up, Quantum Numbers average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Quantum Numbers will be expected to be much smaller as well. Additionally Quantum Numbers has an alpha of 0.74, implying that it can generate a 0.74 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Quantum Numbers Price Density   
       Price  

Predictive Modules for Quantum Numbers

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 Numbers. 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.
Hype
Prediction
LowEstimatedHigh
0.010.197.41
Details
Intrinsic
Valuation
LowRealHigh
0.010.167.38
Details
Naive
Forecast
LowNextHigh
00.227.45
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.120.150.18
Details

Quantum Numbers Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Quantum Numbers is not an exception. The market had few large corrections towards the Quantum Numbers' 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 Numbers, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Quantum Numbers within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.74
β
Beta against Dow Jones0.70
σ
Overall volatility
0.02
Ir
Information ratio 0.1

Quantum Numbers 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 Numbers for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Quantum Numbers 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 Numbers is way too risky over 90 days horizon
Quantum Numbers has some characteristics of a very speculative penny stock
Quantum Numbers appears to be risky and price may revert if volatility continues
Net Loss for the year was (2.39 M) with profit before overhead, payroll, taxes, and interest of 0.
Quantum Numbers has accumulated about 560.24 K in cash with (2.08 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Latest headline from news.google.com: Quantum Stock Skyrockets Nvidias Secret Influence Revealed - Jomfruland.net

Quantum Numbers 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 Numbers' 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 Numbers' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding135.5 M
Cash And Short Term Investments1.1 M

Quantum Numbers Technical Analysis

Quantum Numbers' 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 Numbers. In general, you should focus on analyzing Quantum Stock price patterns and their correlations with different microeconomic environments and drivers.

Quantum Numbers Predictive Forecast Models

Quantum Numbers' time-series forecasting models is one of many Quantum Numbers' 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 Numbers' 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 Numbers

Checking the ongoing alerts about Quantum Numbers for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Quantum Numbers help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Quantum Numbers is way too risky over 90 days horizon
Quantum Numbers has some characteristics of a very speculative penny stock
Quantum Numbers appears to be risky and price may revert if volatility continues
Net Loss for the year was (2.39 M) with profit before overhead, payroll, taxes, and interest of 0.
Quantum Numbers has accumulated about 560.24 K in cash with (2.08 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Latest headline from news.google.com: Quantum Stock Skyrockets Nvidias Secret Influence Revealed - Jomfruland.net

Additional Tools for Quantum Stock Analysis

When running Quantum Numbers' price analysis, check to measure Quantum Numbers' 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 Quantum Numbers is operating at the current time. Most of Quantum Numbers' value examination focuses on studying past and present price action to predict the probability of Quantum Numbers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quantum Numbers' price. Additionally, you may evaluate how the addition of Quantum Numbers to your portfolios can decrease your overall portfolio volatility.