Quest Water Global Stock Performance
| QWTR Stock | USD 0.04 0 5.00% |
The company holds a Beta of -0.87, which implies possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Quest Water are expected to decrease slowly. On the other hand, during market turmoil, Quest Water is expected to outperform it slightly. Quest Water Global has an expected return of -0.1%. Please make sure to check Quest Water Global coefficient of variation, value at risk, as well as the relationship between the Value At Risk and rate of daily change , to decide if Quest Water Global 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 Quest Water Global has generated negative risk-adjusted returns adding no value to investors with long positions. Even with latest fragile performance, the Stock's basic indicators remain invariable and the latest agitation on Wall Street may also be a sign of long-running gains for the enterprise retail investors. ...more
| Begin Period Cash Flow | 4715.00 |
Quest |
Quest Water Relative Risk vs. Return Landscape
If you would invest 4.70 in Quest Water Global on January 31, 2024 and sell it today you would lose (0.90) from holding Quest Water Global or give up 19.15% of portfolio value over 90 days. Quest Water Global is currently does not generate positive expected returns and assumes 6.9615% risk (volatility on return distribution) over the 90 days horizon. In different words, 61% of pink sheets are less volatile than Quest, 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 |
Quest Water Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Quest Water's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Quest Water Global, and traders can use it to determine the average amount a Quest Water'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 = -0.0147
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| Negative Returns | QWTR |
Estimated Market Risk
| 6.96 actual daily | 61 61% of assets are less volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Quest Water 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 Quest Water by adding Quest Water to a well-diversified portfolio.
Quest Water Fundamentals Growth
Quest Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Quest Water, and Quest Water 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 Quest Pink Sheet performance.
| Return On Asset | -53.2 | |||
| Current Valuation | 13.36 M | |||
| Shares Outstanding | 131.9 M | |||
| Price To Earning | (0.50) X | |||
| Price To Sales | 69.55 X | |||
| Revenue | 150 K | |||
| EBITDA | (262.04 K) | |||
| Cash And Equivalents | 110 | |||
| Total Debt | 3.67 M | |||
| Book Value Per Share | (0.01) X | |||
| Cash Flow From Operations | (528.44 K) | |||
| Earnings Per Share | (0) X | |||
| Total Asset | 11.45 K | |||
| Retained Earnings | (7.36 M) | |||
| Current Asset | 2 K | |||
| Current Liabilities | 1.23 M | |||
About Quest Water Performance
To evaluate Quest Water Global Pink Sheet as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Quest Water 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 Quest Pink Sheet'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 Quest Water Global market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Quest'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.Quest Water Global, Inc. operates as a water technology company in Canada. The company was incorporated in 2010 and is based in North Vancouver, Canada. Quest Water operates under Pollution Treatment Controls classification in the United States and is traded on OTC Exchange. It employs 2 people.Things to note about Quest Water Global performance evaluation
Checking the ongoing alerts about Quest Water for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Quest Water Global help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Quest Water Global generated a negative expected return over the last 90 days | |
| Quest Water Global has high historical volatility and very poor performance | |
| Quest Water Global has some characteristics of a very speculative penny stock | |
| The company reported the previous year's revenue of 150 K. Net Loss for the year was (262.04 K) with profit before overhead, payroll, taxes, and interest of 37.24 K. | |
| Quest Water Global currently holds about 110 in cash with (528.44 K) of positive cash flow from operations. | |
| Roughly 31.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Quest Water'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 Quest Water's stock is overvalued or undervalued compared to its peers.
- Examining Quest Water'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 Quest Water's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Quest Water's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Quest Water's pink sheet. These opinions can provide insight into Quest Water'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 Quest Water Global. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Quest Pink Sheet analysis
When running Quest Water's price analysis, check to measure Quest Water'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 Quest Water is operating at the current time. Most of Quest Water's value examination focuses on studying past and present price action to predict the probability of Quest Water's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quest Water's price. Additionally, you may evaluate how the addition of Quest Water to your portfolios can decrease your overall portfolio volatility.
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