Quantum Return On Asset vs. Shares Outstanding
| QMCO Stock | USD 0.46 0.01 2.22% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.27 | 0.29 |
|
|
For Quantum profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Quantum to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Quantum utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Quantum's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Quantum over time as well as its relative position and ranking within its peers.
Quantum |
Is Quantum'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. 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 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.40) | Revenue Per Share 4.388 | Quarterly Revenue Growth (0.05) | Return On Assets (0.07) |
The market value of Quantum 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's value that differs from its market value or its book value, called intrinsic value, which is Quantum'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's market value can be influenced by many factors that don't directly affect Quantum'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's value and its price as these two are different measures arrived at by different means. Investors typically determine if Quantum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Quantum'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.
Quantum Shares Outstanding vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Quantum's current stock value. Our valuation model uses many indicators to compare Quantum value to that of its competitors to determine the firm's financial worth. Quantum is currently regarded as top stock in return on asset category among related companies. It is currently regarded as top stock in shares outstanding category among related companies . As of the 3rd of June 2024, Common Stock Shares Outstanding is likely to grow to about 85.4 M. Comparative valuation analysis is a catch-all model that can be used if you cannot value Quantum by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Quantum's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 Quantum's earnings, one of the primary drivers of an investment's value.Quantum Shares Outstanding vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Quantum |
| = | -0.0653 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Quantum |
| = | 95.04 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Quantum Shares Outstanding Comparison
Quantum is currently under evaluation in shares outstanding category among related companies.
Quantum Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Quantum, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Quantum will eventually generate negative long term returns. The profitability progress is the general direction of Quantum's change in net profit over the period of time. It can combine multiple indicators of Quantum, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -1.8 M | -1.7 M | |
| Operating Income | -23.4 M | -22.2 M | |
| Income Before Tax | -32.4 M | -30.8 M | |
| Total Other Income Expense Net | -936.9 K | -983.7 K | |
| Net Loss | -34.1 M | -32.4 M | |
| Income Tax Expense | 1.7 M | 1.7 M | |
| Net Loss | -34.1 M | -35.9 M | |
| Non Operating Income Net Other | 507.6 K | 682.3 K | |
| Net Loss | -34.5 M | -36.2 M | |
| Interest Income | 29.2 M | 16 M | |
| Net Interest Income | -9.5 M | -10 M | |
| Change To Netincome | 24.1 M | 19.1 M | |
| Net Loss | (0.48) | (0.51) | |
| Income Quality | 0.15 | 0.14 | |
| Net Income Per E B T | 0.95 | 1.09 |
Quantum Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Quantum. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Quantum position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Quantum's important profitability drivers and their relationship over time.
Use Quantum in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Quantum position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Quantum will appreciate offsetting losses from the drop in the long position's value.Quantum Pair Trading
Quantum Pair Trading Analysis
The ability to find closely correlated positions to Quantum could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Quantum when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Quantum - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Quantum to buy it.
The correlation of Quantum is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Quantum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Quantum moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Quantum can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Quantum position
In addition to having Quantum in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Shipping Containers Thematic Idea Now
Shipping Containers
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Shipping Containers theme has 15 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Shipping Containers Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Your Equity Center. To learn how to invest in Quantum Stock, please use our How to Invest in Quantum guide.Note that the Quantum information on this page should be used as a complementary analysis to other Quantum'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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for Quantum Stock analysis
When running Quantum's price analysis, check to measure Quantum'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 is operating at the current time. Most of Quantum's value examination focuses on studying past and present price action to predict the probability of Quantum'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's price. Additionally, you may evaluate how the addition of Quantum to your portfolios can decrease your overall portfolio volatility.
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon |
To fully project Quantum's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Quantum at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Quantum's income statement, its balance sheet, and the statement of cash flows.