QANTAS AIRWAYS Financials
| QAN Stock | EUR 3.74 0.03 0.81% |
QANTAS |
Understanding current and past QANTAS AIRWAYS Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of QANTAS AIRWAYS's financial statements are interrelated, with each one affecting the others. For example, an increase in QANTAS AIRWAYS's assets may result in an increase in income on the income statement.
The data published in QANTAS AIRWAYS's official financial statements typically reflect QANTAS AIRWAYS's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving QANTAS AIRWAYS's quantitative information. For example, before you start analyzing numbers published by QANTAS accountants, it’s essential to understand QANTAS AIRWAYS's liquidity, profitability, and earnings quality within the context of the Other space in which it operates.
Please note, the presentation of QANTAS AIRWAYS's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, QANTAS AIRWAYS's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of QANTAS AIRWAYS's management manipulating its earnings.
You should never invest in QANTAS AIRWAYS without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of QANTAS Stock, because this is throwing your money away. Analyzing the key information contained in QANTAS AIRWAYS's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
QANTAS AIRWAYS Key Financial Ratios
There are many critical financial ratios that QANTAS AIRWAYS's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that QANTAS AIRWAYS reports annually and quarterly.QANTAS Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining QANTAS AIRWAYS's current stock value. Our valuation model uses many indicators to compare QANTAS AIRWAYS value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across QANTAS AIRWAYS competition to find correlations between indicators driving QANTAS AIRWAYS's intrinsic value. More Info.QANTAS AIRWAYS is rated third in current valuation category among its peers. It is currently regarded as top stock in price to book category among its peers . The ratio of Current Valuation to Price To Book for QANTAS AIRWAYS is about 13,481,719 . 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 QANTAS AIRWAYS's earnings, one of the primary drivers of an investment's value.QANTAS AIRWAYS Systematic Risk
QANTAS AIRWAYS's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. QANTAS AIRWAYS volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on QANTAS AIRWAYS correlated with the market. If Beta is less than 0 QANTAS AIRWAYS generally moves in the opposite direction as compared to the market. If QANTAS AIRWAYS Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one QANTAS AIRWAYS is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of QANTAS AIRWAYS is generally in the same direction as the market. If Beta > 1 QANTAS AIRWAYS moves generally in the same direction as, but more than the movement of the benchmark.
QANTAS AIRWAYS June 6, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of QANTAS AIRWAYS help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of QANTAS AIRWAYS. We use our internally-developed statistical techniques to arrive at the intrinsic value of QANTAS AIRWAYS based on widely used predictive technical indicators. In general, we focus on analyzing QANTAS Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build QANTAS AIRWAYS's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.48 | |||
| Information Ratio | 0.1704 | |||
| Maximum Drawdown | 7.5 | |||
| Value At Risk | (2.33) | |||
| Potential Upside | 3.3 |
Complementary Tools for QANTAS Stock analysis
When running QANTAS AIRWAYS's price analysis, check to measure QANTAS AIRWAYS'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 QANTAS AIRWAYS is operating at the current time. Most of QANTAS AIRWAYS's value examination focuses on studying past and present price action to predict the probability of QANTAS AIRWAYS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move QANTAS AIRWAYS's price. Additionally, you may evaluate how the addition of QANTAS AIRWAYS to your portfolios can decrease your overall portfolio volatility.
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