D Wave Quantum Stock Technical Analysis
| QBTS Stock | USD 2.74 0.04 1.48% |
As of the 28th of November, D Wave shows the Mean Deviation of 6.17, market risk adjusted performance of 0.469, and Downside Deviation of 5.08. Compared to fundamental indicators, the technical analysis model provides you with a way to check timely technical drivers of D Wave, as well as the relationship between them. Please confirm D Wave Quantum standard deviation, as well as the relationship between the value at risk and kurtosis to decide if D Wave Quantum is priced correctly, providing market reflects its regular price of 2.74 per share. Please also check D Wave Quantum total risk alpha, which is currently at 0.5178 to verify the company can sustain itself sooner or later.
D Wave Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as QBTS, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to QBTSQBTS |
D Wave Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 3.5 | Strong Buy | 6 | Odds |
Most QBTS analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand QBTS stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of D Wave Quantum, talking to its executives and customers, or listening to QBTS conference calls.
D Wave 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.
D Wave Quantum Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of D Wave Quantum volatility. High ATR values indicate high volatility, and low values indicate low volatility.
D Wave Quantum Trend Analysis
Use this graph to draw trend lines for D Wave Quantum. You can use it to identify possible trend reversals for D Wave as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual D Wave price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.D Wave Best Fit Change Line
The following chart estimates an ordinary least squares regression model for D Wave Quantum applied against its price change over selected period. The best fit line has a slop of 0.02 , which means D Wave Quantum will continue generating value for investors. It has 122 observation points and a regression sum of squares at 19.49, which is the sum of squared deviations for the predicted D Wave price change compared to its average price change.About D Wave Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of D Wave Quantum on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of D Wave Quantum based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on D Wave Quantum price pattern first instead of the macroeconomic environment surrounding D Wave Quantum. By analyzing D Wave's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of D Wave's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to D Wave specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 0.83 | 0.78 | 2.82 | 2.96 | Days Of Inventory On Hand | 440.92 | 274.22 | 183.38 | 174.21 |
D Wave November 28, 2024 Technical Indicators
Most technical analysis of QBTS help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for QBTS from various momentum indicators to cycle indicators. When you analyze QBTS charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1682 | |||
| Market Risk Adjusted Performance | 0.469 | |||
| Mean Deviation | 6.17 | |||
| Semi Deviation | 4.22 | |||
| Downside Deviation | 5.08 | |||
| Coefficient Of Variation | 482.0 | |||
| Standard Deviation | 9.28 | |||
| Variance | 86.04 | |||
| Information Ratio | 0.194 | |||
| Jensen Alpha | 1.43 | |||
| Total Risk Alpha | 0.5178 | |||
| Sortino Ratio | 0.354 | |||
| Treynor Ratio | 0.459 | |||
| Maximum Drawdown | 55.31 | |||
| Value At Risk | (6.93) | |||
| Potential Upside | 15.58 | |||
| Downside Variance | 25.83 | |||
| Semi Variance | 17.77 | |||
| Expected Short fall | (8.83) | |||
| Skewness | 2.47 | |||
| Kurtosis | 9.77 |
Additional Tools for QBTS Stock Analysis
When running D Wave's price analysis, check to measure D Wave'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 D Wave is operating at the current time. Most of D Wave's value examination focuses on studying past and present price action to predict the probability of D Wave's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move D Wave's price. Additionally, you may evaluate how the addition of D Wave to your portfolios can decrease your overall portfolio volatility.