Quantum Computinginc Stock Performance
| QUBT Stock | USD 0.70 0.02 2.78% |
The company holds a Beta of 2.31, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Quantum ComputingInc will likely underperform. Quantum ComputingInc has an expected return of -0.28%. Please make sure to check Quantum ComputingInc jensen alpha and the relationship between the value at risk and day median price , to decide if Quantum ComputingInc performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Quantum ComputingInc has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of uncertain performance in the last few months, the Stock's fundamental drivers remain comparatively stable which may send shares a bit higher in May 2024. The newest uproar may also be a sign of mid-term up-swing for the firm private investors. ...more
Last Split Factor 1:200 | Dividend Date 2018-07-03 | Last Split Date 2018-07-03 |
1 | Quantum Computing names William McGann as CEO | 01/31/2024 |
2 | Quantum ComputingInc exotic insider transaction detected | 02/12/2024 |
3 | Quantum Computing Inc. secures fourth NASA project | 02/14/2024 |
4 | 3 Stocks to Turn 1,000 Into 1 Million February 2024 | 02/22/2024 |
5 | Quantum Computing Inc. Sees Significant Increase in Short Interest - MarketBeat | 03/04/2024 |
6 | Should You Sell Quantum Computing Inc Stock Thursday Morning - InvestorsObserver | 03/14/2024 |
7 | Does Quantum Computing Inc Have What it Takes to be in Your Portfolio Monday - InvestorsObserver | 03/18/2024 |
8 | Premarket Mover Quantum Computing Inc Up 3.74 percent - InvestorsObserver | 03/25/2024 |
9 | Quantum Computing Full Year 2023 Earnings EPS Beats Expectations, Revenues Lag | 04/03/2024 |
10 | Ascendiant cuts Quantum Computing stock target, keeps buy rating | 04/15/2024 |
| Begin Period Cash Flow | 5.3 M |
Quantum |
Quantum ComputingInc Relative Risk vs. Return Landscape
If you would invest 93.00 in Quantum ComputingInc on January 24, 2024 and sell it today you would lose (23.00) from holding Quantum ComputingInc or give up 24.73% of portfolio value over 90 days. Quantum ComputingInc is currently does not generate positive expected returns and assumes 6.1924% risk (volatility on return distribution) over the 90 days horizon. In different words, 54% of stocks are less volatile than Quantum, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Quantum ComputingInc Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Quantum ComputingInc's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Quantum ComputingInc, and traders can use it to determine the average amount a Quantum ComputingInc's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0452
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| Negative Returns | QUBT |
Estimated Market Risk
| 6.19 actual daily | 54 54% of assets are less volatile |
Expected Return
| -0.28 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Quantum ComputingInc is not performing at its full potential. However, 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 ComputingInc by adding Quantum ComputingInc to a well-diversified portfolio.
Quantum ComputingInc Fundamentals Growth
Quantum Stock prices reflect investors' perceptions of the future prospects and financial health of Quantum ComputingInc, and Quantum ComputingInc fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Quantum Stock performance.
| Return On Equity | -0.4 | ||||
| Return On Asset | -0.2 | ||||
| Operating Margin | (105.58) % | ||||
| Current Valuation | 66.85 M | ||||
| Shares Outstanding | 91.36 M | ||||
| Price To Earning | 0.77 X | ||||
| Price To Book | 1.00 X | ||||
| Price To Sales | 206.98 X | ||||
| Revenue | 358.05 K | ||||
| Gross Profit | 74.71 K | ||||
| EBITDA | (25.26 M) | ||||
| Net Income | (29.73 M) | ||||
| Cash And Equivalents | 10.38 M | ||||
| Cash Per Share | 0.19 X | ||||
| Total Debt | 3.34 M | ||||
| Debt To Equity | 0.11 % | ||||
| Current Ratio | 0.97 X | ||||
| Book Value Per Share | 0.95 X | ||||
| Cash Flow From Operations | (19.94 M) | ||||
| Earnings Per Share | (0.38) X | ||||
| Market Capitalization | 65.58 M | ||||
| Total Asset | 78.73 M | ||||
| Retained Earnings | (149.72 M) | ||||
| Working Capital | (1.44 M) | ||||
About Quantum ComputingInc Performance
To evaluate Quantum ComputingInc Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Quantum ComputingInc generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Quantum Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Quantum ComputingInc market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Quantum's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 1.78 | 1.69 | |
| Return On Tangible Assets | (4.26) | (4.47) | |
| Return On Capital Employed | (0.37) | (0.35) | |
| Return On Assets | (0.38) | (0.40) | |
| Return On Equity | (0.41) | (0.39) |
Things to note about Quantum ComputingInc performance evaluation
Checking the ongoing alerts about Quantum ComputingInc for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Quantum ComputingInc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Quantum ComputingInc generated a negative expected return over the last 90 days | |
| Quantum ComputingInc has high historical volatility and very poor performance | |
| Quantum ComputingInc has some characteristics of a very speculative penny stock | |
| The company currently holds 3.34 M in liabilities with Debt to Equity (D/E) ratio of 0.11, which may suggest the company is not taking enough advantage from borrowing. Quantum ComputingInc has a current ratio of 0.95, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Quantum ComputingInc until it has trouble settling it off, either with new capital or with free cash flow. So, Quantum ComputingInc's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Quantum ComputingInc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Quantum to invest in growth at high rates of return. When we think about Quantum ComputingInc's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 358.05 K. Net Loss for the year was (29.73 M) with profit before overhead, payroll, taxes, and interest of 74.71 K. | |
| Quantum ComputingInc currently holds about 10.38 M in cash with (19.94 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.19. | |
| Quantum ComputingInc has a frail financial position based on the latest SEC disclosures | |
| Roughly 29.0% of Quantum ComputingInc outstanding shares are owned by corporate insiders | |
| Latest headline from investing.com: Ascendiant cuts Quantum Computing stock target, keeps buy rating |
- Analyzing Quantum ComputingInc's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Quantum ComputingInc's stock is overvalued or undervalued compared to its peers.
- Examining Quantum ComputingInc's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Quantum ComputingInc's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Quantum ComputingInc's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Quantum ComputingInc's stock. These opinions can provide insight into Quantum ComputingInc's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quantum ComputingInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. For more information on how to buy Quantum Stock please use our How to Invest in Quantum ComputingInc guide.Note that the Quantum ComputingInc information on this page should be used as a complementary analysis to other Quantum ComputingInc's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for Quantum Stock analysis
When running Quantum ComputingInc's price analysis, check to measure Quantum ComputingInc'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 Quantum ComputingInc is operating at the current time. Most of Quantum ComputingInc's value examination focuses on studying past and present price action to predict the probability of Quantum ComputingInc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quantum ComputingInc's price. Additionally, you may evaluate how the addition of Quantum ComputingInc to your portfolios can decrease your overall portfolio volatility.
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Is Quantum ComputingInc's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Quantum ComputingInc. If investors know Quantum will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Quantum ComputingInc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.38) | Revenue Per Share 0.005 | Quarterly Revenue Growth 57.602 | Return On Assets (0.20) | Return On Equity (0.40) |
The market value of Quantum ComputingInc is measured differently than its book value, which is the value of Quantum that is recorded on the company's balance sheet. Investors also form their own opinion of Quantum ComputingInc's value that differs from its market value or its book value, called intrinsic value, which is Quantum ComputingInc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Quantum ComputingInc's market value can be influenced by many factors that don't directly affect Quantum ComputingInc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Quantum ComputingInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Quantum ComputingInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Quantum ComputingInc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.