Quanta Story

<div class='circular--portrait' style='background:#689CFD;color: #ffffff;font-size:4em;'>QS</div>
PWR -- USA Stock  

USD 52.58  0.05  0.1%

It seems Quanta Services will continue to recover much faster as its share price surged up 3.01% today. Quanta Services's current daily volatility is 2.66 percent, with a beta of 1.29 and an alpha of 0.07 over DOW. As many millenniums are excited about infrastructure construction and services, it is only fair to sum up Quanta Services. We will evaluate why we are still optimistic in anticipation of a recovery.
Published over a month ago
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What does a latest Quanta Services volatility fall mean for retail investors?
Quanta Services has roughly 377.2 M in cash with 836.85 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.74. Quanta Services advice module can be used to check and cross-verify current recommendation provided by analysts analyzing the firm's potential to grow using all of fundamental, technical, data market data available at the time.
Investing in Quanta Services, just like investing in any other equity instrument, is characterized by a strong risk-return correlation. High risks mean high returns and low risk means lower expected returns. Risk management is the act of identifying and assessing the potential risk and developing strategies to minimize these risks and earn maximum possible profits while holding Quanta Services along with other instruments in the same portfolio. Using conventional technical analysis and fundamental analysis to select individual securities into a portfolio complements risk management and adds value to overall investors' investing strategies.

How important is Quanta Services's Liquidity

Quanta Services financial leverage refers to using borrowed capital as a funding source to finance Quanta Services ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Quanta Services financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Quanta Services's total debt and its cash.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions. It is good to see analyst projects for Quanta Services, but it might be worth checking our own buy vs. sell analysis

Quanta Services Correlation with Peers

Investors in Quanta can reduce exposure to individual asset risk by holding a diversified portfolio of assets in addition to a long position in Quanta Services. Diversification will allow for the same portfolio return with reduced risk. The correlation table of Quanta Services and its peers is a two-dimensional matrix that shows the correlation coefficient between pairs of securities Quanta is related in some way. The cells in the table are color-coded to highlight significantly positive and negative relationships. Each cell shows the correlation between one pair of equities and can be used to run pair trading strategies or create efficient portfolios with your current brokerage. Please check volatility of Quanta for more details

Detailed Perspective On Quanta Services

Quanta Services appears to be very steady, given 1 month investment horizon. Quanta Services maintains Sharpe Ratio (i.e. Efficiency) of 0.14, which implies the firm had 0.14% of return per unit of risk over the last month. Our standpoint towards forecasting the volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Quanta Services, which you can use to evaluate future volatility of the company. Please employ Quanta Services Risk Adjusted Performance of 0.2154, coefficient of variation of 760.62, and Semi Deviation of 2.92 to confirm if our risk estimates are consistent with your expectations.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Over 3 percent spike for Quanta Services. What does it mean for retail investors?

Latest market risk adjusted performance is at 0.27. Quanta Services shows above-average downside volatility for the selected time horizon. We advise investors to inspect Quanta Services further and ensure that all market timing and asset allocation strategies are consistent with the estimation of Quanta Services future alpha.

Our Takeaway on Quanta Services Investment

While some firms under the engineering & construction industry are still a bit expensive, Quanta Services may offer a potential longer-term growth to retail investors. To conclude, as of the 6th of August 2020, our research shows that Quanta Services is a rather very steady investment opportunity with a low probability of distress in the next two years. From a slightly different view, the entity currently appears to be fairly valued. Our overall 30 days buy vs. sell advice on the enterprise is Strong Hold.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Achuva Shats do not own shares of Quanta Services. Please refer to our Terms of Use for any information regarding our disclosure principles.

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