Ionq Inc Stock Price on September 30, 2023
| IONQ Stock | USD 8.15 0.25 2.98% |
If you're considering investing in IONQ Stock, it is important to understand the factors that can impact its price. As of today, the current price of IONQ stands at 8.15, as last reported on the 31st of May, with the highest price reaching 8.62 and the lowest price hitting 8.09 during the day. IONQ Inc holds Efficiency (Sharpe) Ratio of -0.0615, which attests that the entity had a -0.0615% return per unit of volatility over the last 3 months. IONQ Inc exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IONQ's risk adjusted performance of (0.05), and Market Risk Adjusted Performance of (0.11) to validate the risk estimate we provide.
At this time, IONQ's Other Stockholder Equity is relatively stable compared to the past year. As of 05/31/2024, Stock Based Compensation is likely to grow to about 73.2 M, while Liabilities And Stockholders Equity is likely to drop slightly above 422.7 M. . At this time, IONQ's Price Book Value Ratio is relatively stable compared to the past year. As of 05/31/2024, Price To Book Ratio is likely to grow to 7.63, though Price Earnings To Growth Ratio is likely to grow to (0.07). IONQ Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IONQ |
Sharpe Ratio = -0.0615
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| Negative Returns | IONQ |
Estimated Market Risk
| 4.13 actual daily | 36 64% of assets are more volatile |
Expected Return
| -0.25 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average IONQ 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 IONQ by adding IONQ to a well-diversified portfolio.
Price Book 3.7239 | Enterprise Value Ebitda (9.90) | Price Sales 81.938 | Shares Float 190.2 M | Wall Street Target Price 15.56 |
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IONQ Valuation on September 30, 2023
It is possible to determine the worth of IONQ on a given historical date. On September 30, 2023 IONQ was worth 15.49 at the beginning of the trading date compared to the closed value of 14.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IONQ stock. Still, in general, we apply an absolute valuation method to find IONQ's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of IONQ where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IONQ's related companies.
| Open | High | Low | Close | Volume | |
| 14.45 | 15.62 | 13.93 | 15.39 | 15,428,905 | |
09/29/2023 | 15.49 | 15.88 | 14.59 | 14.88 | 13,773,078 |
| 14.93 | 15.15 | 14.47 | 14.81 | 7,628,221 |
| Backtest IONQ | | | IONQ History | | | IONQ Valuation | Previous | Next |
IONQ Trading Date Momentum on September 30, 2023
| On October 02 2023 IONQ Inc was traded for 14.81 at the closing time. The top price for the day was 15.15 and the lowest listed price was 14.47 . The trading volume for the day was 7.6 M. The trading history from October 2, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.47% . The trading delta at closing time against the current closing price is 3.09% . |
IONQ Inc Fundamentals Correlations and Trends
By evaluating IONQ's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among IONQ's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. IONQ financial account trend analysis is a perfect complement when working with valuation or volatility modules.About IONQ Stock history
IONQ investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for IONQ is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in IONQ Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing IONQ stock prices may prove useful in developing a viable investing in IONQ
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 202.6 M | 145.2 M | |
| Net Loss | -43.7 M | -45.8 M |
IONQ Quarterly Net Working Capital |
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IONQ Stock Technical Analysis
IONQ 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.
Price Boundaries
IONQ Period Price Range
Low | September 29, 2023
| High |
15.49 | 14.88 |
IONQ May 31, 2024 Market Strength
Market strength indicators help investors to evaluate how IONQ stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading IONQ shares will generate the highest return on investment. By undertsting and applying IONQ stock market strength indicators, traders can identify IONQ Inc entry and exit signals to maximize returns
| Accumulation Distribution | 1.1 M | |||
| Daily Balance Of Power | (0.47) | |||
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 15.24 | |||
| Day Typical Price | 15.12 | |||
| Price Action Indicator | (0.66) | |||
| Period Momentum Indicator | (6.73) |
IONQ Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for IONQ's price direction in advance. Along with the technical and fundamental analysis of IONQ Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of IONQ to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.45) | |||
| Total Risk Alpha | (0.50) | |||
| Treynor Ratio | (0.12) |
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IONQ Inc. 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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Complementary Tools for IONQ Stock analysis
When running IONQ's price analysis, check to measure IONQ'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 IONQ is operating at the current time. Most of IONQ's value examination focuses on studying past and present price action to predict the probability of IONQ's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IONQ's price. Additionally, you may evaluate how the addition of IONQ to your portfolios can decrease your overall portfolio volatility.
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Is IONQ'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 IONQ. If investors know IONQ 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 IONQ listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.83) | Revenue Per Share 0.124 | Quarterly Revenue Growth 0.769 | Return On Assets (0.20) | Return On Equity (0.33) |
The market value of IONQ Inc is measured differently than its book value, which is the value of IONQ that is recorded on the company's balance sheet. Investors also form their own opinion of IONQ's value that differs from its market value or its book value, called intrinsic value, which is IONQ'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 IONQ's market value can be influenced by many factors that don't directly affect IONQ'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 IONQ's value and its price as these two are different measures arrived at by different means. Investors typically determine if IONQ is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IONQ'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.