Quantum Numbers Stock Price on July 29, 2023

QNC Stock  CAD 0.19  0.01  5.56%   
Below is the normalized historical share price chart for Quantum Numbers extending back to December 03, 2010. 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 Quantum Numbers stands at 0.19, as last reported on the 4th of December, with the highest price reaching 0.20 and the lowest price hitting 0.17 during the day.
200 Day MA
0.122
50 Day MA
0.1172
Beta
1.777
 
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Covid
If you're considering investing in Quantum Stock, it is important to understand the factors that can impact its price. Quantum Numbers appears to be out of control, given 3 months investment horizon. Quantum Numbers maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the firm had a 0.13% return per unit of risk over the last 3 months. By analyzing Quantum Numbers' technical indicators, you can evaluate if the expected return of 0.96% is justified by implied risk. Please evaluate Quantum Numbers' Risk Adjusted Performance of 0.0946, semi deviation of 3.91, and Coefficient Of Variation of 890.78 to confirm if our risk estimates are consistent with your expectations.
  
At this time, Quantum Numbers' Common Stock Shares Outstanding is fairly stable compared to the past year. Other Stockholder Equity is likely to climb to about 1.6 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 1.4 M in 2024. . 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. Quantum Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1327

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Estimated Market Risk

 7.22
  actual daily
64
64% of assets are less volatile

Expected Return

 0.96
  actual daily
19
81% of assets have higher returns

Risk-Adjusted Return

 0.13
  actual daily
10
90% of assets perform better
Based on monthly moving average Quantum Numbers is performing at about 10% 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 Quantum Numbers by adding it to a well-diversified portfolio.
Price Book
27.8138
Book Value
0.01
Enterprise Value
26.3 M
Enterprise Value Ebitda
(2.93)
Shares Float
143.6 M

Quantum Numbers Valuation on July 29, 2023

It is possible to determine the worth of Quantum Numbers on a given historical date. On July 29, 2023 Quantum was worth 0.07 at the beginning of the trading date compared to the closed value of 0.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Quantum Numbers stock. Still, in general, we apply an absolute valuation method to find Quantum Numbers' 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 Quantum Numbers where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Quantum Numbers' related companies.
 Open High Low Close Volume
  0.07    0.07    0.07    0.07    2,500  
07/28/2023
  0.07    0.07    0.07    0.07    43,000  
  0.07    0.07    0.07    0.07    1.00  
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Open Value
0.07
0.0007
Downside
0.07
Closing Value
21.74
Upside

Quantum Numbers Trading Date Momentum on July 29, 2023

On July 31 2023 Quantum Numbers was traded for  0.07  at the closing time. The highest daily price throughout the period was 0.07  and the lowest price was  0.07 . There was no trading activity during the period 1.0. Lack of trading volume on 07/31/2023 did not cause price change. The trading delta at closing time to current closing price is 0.00% .

Quantum Numbers Fundamentals Correlations and Trends

By evaluating Quantum Numbers' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Quantum Numbers' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Quantum financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Quantum Numbers Stock history

Quantum Numbers 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 Quantum is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Quantum Numbers 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 Quantum Numbers stock prices may prove useful in developing a viable investing in Quantum Numbers
Last ReportedProjected for Next Year
Common Stock Shares Outstanding135.5 M142.3 M
Net Loss-1.4 M-1.3 M

Quantum Numbers Stock Technical Analysis

Quantum Numbers 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.
A focus of Quantum Numbers technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Quantum Numbers trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Quantum Numbers Period Price Range

Low
December 4, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Quantum Numbers cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.

Quantum Numbers December 4, 2024 Market Strength

Market strength indicators help investors to evaluate how Quantum Numbers stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Quantum Numbers shares will generate the highest return on investment. By undertsting and applying Quantum Numbers stock market strength indicators, traders can identify Quantum Numbers entry and exit signals to maximize returns

Quantum Numbers Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Quantum Numbers' price direction in advance. Along with the technical and fundamental analysis of Quantum Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Quantum 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.

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.