Quarterhill Stock Today
| QTRH Stock | CAD 1.70 0.01 0.58% |
Performance0 of 100
| Odds Of DistressLess than 9
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Quarterhill is selling at 1.70 as of the 19th of April 2024; that is -0.58% down since the beginning of the trading day. The stock's open price was 1.71. Quarterhill has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Quarterhill are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Technology Hardware & Equipment | Category Technology | Classification Information Technology |
Quarterhill Inc. operates in the intelligent transportation system and intellectual property licensing industries worldwide. Quarterhill Inc. was incorporated in 1992 and is headquartered in Toronto, Canada. QUARTERHILL INC operates under Communication Equipment classification in Canada and is traded on Toronto Stock Exchange. The company has 115.08 M outstanding shares of which 2.03 M shares are at this time shorted by private and institutional investors with about 31.75 days to cover all short positions. More on Quarterhill
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| 0.66 | ENB | Enbridge | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
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Quarterhill Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Quarterhill's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Quarterhill or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| VIZIYA Chief Executive Officer | John Vujicic | ||||
| Business Concentration | Communications Equipment, Technology Hardware & Equipment, Information Technology, Information Technology, Communications Equipment, Communication Equipment, Technology (View all Sectors) | ||||
Quarterhill's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Quarterhill's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Quarterhill's financial leverage. It provides some insight into what part of Quarterhill's total assets is financed by creditors.
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Quarterhill (QTRH) is traded on Toronto Exchange in Canada and employs 449 people. Quarterhill is listed under Communications Equipment category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 195.63 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Quarterhill's market, we take the total number of its shares issued and multiply it by Quarterhill's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Quarterhill operates under Communications Equipment sector and is part of Information Technology industry. The entity has 115.08 M outstanding shares of which 2.03 M shares are at this time shorted by private and institutional investors with about 31.75 days to cover all short positions.
Quarterhill has accumulated about 66.36 M in cash with (28.49 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.07.
Check Quarterhill Probability Of Bankruptcy
Ownership AllocationQuarterhill has a total of 115.08 Million outstanding shares. Roughly 94.0 pct. of Quarterhill outstanding shares are held by general public with 2.7 % owned by insiders and only 3.71 (%) by third-party entities. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
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Quarterhill Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Quarterhill jumping above the current price in 90 days from now is under 95%. The Quarterhill probability density function shows the probability of Quarterhill stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon the stock has a beta coefficient of 1.0907 indicating Quarterhill market returns are highly reactive to returns on the market. As the market goes up or down, Quarterhill is expected to follow. Additionally, quarterhill has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Quarterhill to move above the current price in 90 days from now is under 95 (This Quarterhill probability density function shows the probability of Quarterhill Stock to fall within a particular range of prices over 90 days) .
Quarterhill Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Quarterhill market risk premium is the additional return an investor will receive from holding Quarterhill long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Quarterhill. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Quarterhill's alpha and beta are two of the key measurements used to evaluate Quarterhill's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.55 | |||
| Standard Deviation | 2.03 | |||
| Variance | 4.12 | |||
| Risk Adjusted Performance | (0.03) |
Quarterhill Stock Against Markets
Picking the right benchmark for Quarterhill stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Quarterhill stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Quarterhill is critical whether you are bullish or bearish towards Quarterhill at a given time. Please also check how Quarterhill's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Quarterhill without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Quarterhill Corporate Directors
Quarterhill corporate directors refer to members of a Quarterhill board of directors. The board of directors generally takes responsibility for the Quarterhill's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Quarterhill's board members must vote for the resolution. The Quarterhill board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Roxanne Anderson | Independent Director | Profile | |
| Ronald Laurie | Independent Director | Profile | |
| Robert Bramson | Director | Profile | |
| Michel Fattouche | Director | Profile |
How to buy Quarterhill Stock?
Before investing in Quarterhill, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Quarterhill. To buy Quarterhill stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Quarterhill. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Quarterhill stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Quarterhill stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Quarterhill stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Quarterhill, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
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The danger of trading Quarterhill is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Quarterhill is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Quarterhill. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Quarterhill is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quarterhill. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for Quarterhill Stock analysis
When running Quarterhill's price analysis, check to measure Quarterhill'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 Quarterhill is operating at the current time. Most of Quarterhill's value examination focuses on studying past and present price action to predict the probability of Quarterhill's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quarterhill's price. Additionally, you may evaluate how the addition of Quarterhill to your portfolios can decrease your overall portfolio volatility.
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