Qantas Airways (Australia) Price on October 21, 2024
| QAN Stock | 8.89 0.11 1.22% |
Below is the normalized historical share price chart for Qantas Airways extending back to July 31, 1995. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Qantas Airways stands at 8.89, as last reported on the 14th of December 2024, with the highest price reaching 8.90 and the lowest price hitting 8.79 during the day.
If you're considering investing in Qantas Stock, it is important to understand the factors that can impact its price. Qantas Airways appears to be not too volatile, given 3 months investment horizon. Qantas Airways maintains Sharpe Ratio (i.e., Efficiency) of 0.27, which implies the firm had a 0.27% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Qantas Airways, which you can use to evaluate the volatility of the company. Please evaluate Qantas Airways' Semi Deviation of 1.04, coefficient of variation of 346.62, and Risk Adjusted Performance of 0.2138 to confirm if our risk estimates are consistent with your expectations.
At this time, Qantas Airways' Common Stock Shares Outstanding is comparatively stable compared to the past year. Capital Stock is likely to gain to about 1.9 B in 2024, whereas Total Stockholder Equity is likely to drop slightly above 274.6 M in 2024. . Qantas Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 6.6604 | 50 Day MA 8.3014 | Beta 1.12 |
Qantas |
Sharpe Ratio = 0.2744
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Estimated Market Risk
| 1.35 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.37 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.27 actual daily | 21 79% of assets perform better |
Based on monthly moving average Qantas Airways is performing at about 21% of its full potential. 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 Qantas Airways by adding it to a well-diversified portfolio.
Price Book 46.5479 | Enterprise Value Ebitda 4.6343 | Price Sales 0.6132 | Shares Float 1.5 B | Wall Street Target Price 8.9847 |
Qantas Airways Valuation on October 21, 2024
It is possible to determine the worth of Qantas Airways on a given historical date. On October 21, 2024 Qantas was worth 7.47 at the beginning of the trading date compared to the closed value of 7.47. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Qantas Airways stock. Still, in general, we apply an absolute valuation method to find Qantas Airways' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Qantas Airways where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Qantas Airways' related companies.
| Open | High | Low | Close | Volume | |
| 7.60 | 7.60 | 7.34 | 7.37 | 6,408,177 | |
10/21/2024 | 7.47 | 7.50 | 7.36 | 7.47 | 5,328,502 |
| 7.46 | 7.60 | 7.43 | 7.56 | 7,395,932 |
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Qantas Airways Trading Date Momentum on October 21, 2024
| On October 22 2024 Qantas Airways was traded for 7.56 at the closing time. The maximum traded price for the trading interval was 7.60 and the lowest daily price was 7.43 . The daily volume was recorded at 7.4 M. The volume of trading on 22nd of October 2024 played a part in the next trading day price appreciation. The trading delta at closing time to the next closing price was 1.20% . The trading delta at closing time to the closing price today is 9.64% . |
Qantas Airways Fundamentals Correlations and Trends
By evaluating Qantas Airways' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Qantas Airways' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Qantas financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Qantas Airways Stock history
Qantas Airways investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Qantas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Qantas Airways will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Qantas Airways stock prices may prove useful in developing a viable investing in Qantas Airways
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.7 B | 1.8 B | |
| Net Income Applicable To Common Shares | 1.6 B | 1.6 B |
Qantas Airways Stock Technical Analysis
Qantas Airways 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.
Price Boundaries
Qantas Airways Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Qantas Airways cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Qantas Airways December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Qantas Airways stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Qantas Airways shares will generate the highest return on investment. By undertsting and applying Qantas Airways stock market strength indicators, traders can identify Qantas Airways entry and exit signals to maximize returns
Qantas Airways Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Qantas Airways' price direction in advance. Along with the technical and fundamental analysis of Qantas Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Qantas to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.2138 | |||
| Jensen Alpha | 0.3902 | |||
| Total Risk Alpha | 0.2116 | |||
| Sortino Ratio | 0.1936 | |||
| Treynor Ratio | (3.13) |
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Additional Tools for Qantas Stock Analysis
When running Qantas Airways' price analysis, check to measure Qantas Airways' 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 Qantas Airways is operating at the current time. Most of Qantas Airways' value examination focuses on studying past and present price action to predict the probability of Qantas Airways' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Qantas Airways' price. Additionally, you may evaluate how the addition of Qantas Airways to your portfolios can decrease your overall portfolio volatility.