QMC Quantum Return On Equity vs. Book Value Per Share
| QMC Stock | CAD 0.06 0.01 8.33% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter (0.11) | Current Value (0.12) | Quarterly Volatility 0.40154933 |
For QMC Quantum profitability analysis, we use financial ratios and fundamental drivers that measure the ability of QMC Quantum to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well QMC Quantum Minerals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between QMC Quantum's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of QMC Quantum Minerals over time as well as its relative position and ranking within its peers.
QMC |
QMC Quantum Minerals Book Value Per Share vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining QMC Quantum's current stock value. Our valuation model uses many indicators to compare QMC Quantum value to that of its competitors to determine the firm's financial worth. QMC Quantum Minerals is rated second in return on equity category among its peers. It is rated third in book value per share category among its peers . At this time, QMC Quantum's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the QMC Quantum's earnings, one of the primary drivers of an investment's value.QMC Book Value Per Share vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
QMC Quantum |
| = | -0.0981 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
QMC Quantum |
| = | 0.04 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
QMC Book Value Per Share Comparison
QMC Quantum is currently under evaluation in book value per share category among its peers.
QMC Quantum Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in QMC Quantum, profitability is also one of the essential criteria for including it into their portfolios because, without profit, QMC Quantum will eventually generate negative long term returns. The profitability progress is the general direction of QMC Quantum's change in net profit over the period of time. It can combine multiple indicators of QMC Quantum, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -4.3 K | -4.5 K | |
| Operating Income | -295.1 K | -309.9 K | |
| Income Before Tax | -295.3 K | -310 K | |
| Total Other Income Expense Net | (207.00) | (217.35) | |
| Net Loss | -295.3 K | -310 K | |
| Income Tax Expense | -142.7 K | -149.8 K | |
| Net Loss | -295.3 K | -310 K | |
| Net Loss | -322.2 K | -338.3 K | |
| Net Interest Income | (207.00) | (217.35) | |
| Change To Netincome | 216.2 K | 205.4 K | |
| Income Quality | (0.29) | (0.28) | |
| Net Income Per E B T | 0.89 | 0.79 |
QMC Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on QMC Quantum. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of QMC Quantum position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the QMC Quantum's important profitability drivers and their relationship over time.
Use QMC Quantum in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if QMC Quantum position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in QMC Quantum will appreciate offsetting losses from the drop in the long position's value.QMC Quantum Pair Trading
QMC Quantum Minerals Pair Trading Analysis
The ability to find closely correlated positions to QMC Quantum could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace QMC Quantum when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back QMC Quantum - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling QMC Quantum Minerals to buy it.
The correlation of QMC Quantum is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as QMC Quantum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if QMC Quantum Minerals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for QMC Quantum can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your QMC Quantum position
In addition to having QMC Quantum in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Convertibles Funds Thematic Idea Now
Convertibles Funds
Funds or Etfs that invest in debt that is expected to be converted into a predetermined amount of the company equity at some future date. The Convertibles Funds theme has 12 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Convertibles Funds Theme or any other thematic opportunities.
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Additional Tools for QMC Stock Analysis
When running QMC Quantum's price analysis, check to measure QMC Quantum's 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 QMC Quantum is operating at the current time. Most of QMC Quantum's value examination focuses on studying past and present price action to predict the probability of QMC Quantum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move QMC Quantum's price. Additionally, you may evaluate how the addition of QMC Quantum to your portfolios can decrease your overall portfolio volatility.