Qantas Airways Limited Stock Today

QUBSF Stock  USD 3.50  0.04  1.16%   

Performance

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Odds Of Distress

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Qantas Airways is trading at 3.50 as of the 29th of March 2024. This is a 1.16 percent increase since the beginning of the trading day. The stock's lowest day price was 3.5. Qantas Airways has about a 41 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Qantas Airways Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of February 2024 and ending today, the 29th of March 2024. Click here to learn more.
Qantas Airways Limited provides air transportation services in Australia and internationally. Qantas Airways Limited was founded in 1920 and is based in Mascot, Australia. QANTAS AIRWAYS operates under Airlines classification in the United States and is traded on OTC Exchange. The company has 1.82 B outstanding shares. More on Qantas Airways Limited
Follow Valuation Odds of Bankruptcy
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Qantas Pink Sheet Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Qantas Airways' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Qantas Airways or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOAlan Joyce
Business ConcentrationAirlines, Industrials (View all Sectors)
Qantas Airways Limited [QUBSF] is a Pink Sheet which is traded between brokers as part of OTC trading. The company currently falls under 'Mid-Cap' category with a current market capitalization of 8.19 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Qantas Airways's market, we take the total number of its shares issued and multiply it by Qantas Airways's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Qantas Airways classifies itself under Industrials sector and is part of Airlines industry. The entity has 1.82 B outstanding shares. Qantas Airways Limited has accumulated about 3.36 B in cash with 2.67 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.78.
Check Qantas Airways Probability Of Bankruptcy
Ownership Allocation
Qantas Airways has a total of 1.82 Billion outstanding shares. Roughly 74.0 pct. of Qantas Airways outstanding shares are held by general public with 0.69 % owned by insiders and only 24.99 (%) by third-party entities. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Qantas Ownership Details

Qantas Stock Price Odds Analysis

In reference to a normal probability distribution, the odds of Qantas Airways jumping above the current price in 90 days from now is about 45.03%. The Qantas Airways Limited probability density function shows the probability of Qantas Airways pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Qantas Airways has a beta of 0.3998 indicating as returns on the market go up, Qantas Airways average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Qantas Airways Limited will be expected to be much smaller as well. Additionally, qantas Airways Limited has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 3.5HorizonTargetOdds Above 3.5
54.71%90 days
 3.50 
45.03%
Based on a normal probability distribution, the odds of Qantas Airways to move above the current price in 90 days from now is about 45.03 (This Qantas Airways Limited probability density function shows the probability of Qantas Pink Sheet to fall within a particular range of prices over 90 days) .

Qantas Airways Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Qantas Airways market risk premium is the additional return an investor will receive from holding Qantas Airways long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Qantas Airways. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Qantas Airways' alpha and beta are two of the key measurements used to evaluate Qantas Airways' performance over the market, the standard measures of volatility play an important role as well.

Qantas Stock Against Markets

Picking the right benchmark for Qantas Airways pink sheet is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Qantas Airways pink sheet price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Qantas Airways is critical whether you are bullish or bearish towards Qantas Airways Limited at a given time. Please also check how Qantas Airways' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Qantas Airways without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Qantas Airways Corporate Directors

Qantas Airways corporate directors refer to members of a Qantas Airways board of directors. The board of directors generally takes responsibility for the Qantas Airways' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Qantas Airways' board members must vote for the resolution. The Qantas Airways board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Richard GoyderDirectorProfile
Richard GoodmansonIndependent Non-Executive DirectorProfile
Belinda HutchinsonNon-Executive DirectorProfile
Michael LEstrangeNon-Executive DirectorProfile

How to buy Qantas Pink Sheet?

Before investing in Qantas Airways, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Qantas Airways. To buy Qantas Airways stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Qantas Airways. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Qantas Airways stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Qantas Airways Limited stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Qantas Airways Limited stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Qantas Airways Limited, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Qantas Airways Limited?

The danger of trading Qantas Airways Limited is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Qantas Airways is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Qantas Airways. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Qantas Airways is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Qantas Airways Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
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When running Qantas Airways' price analysis, check to measure Qantas Airways' 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' value examination focuses on studying past and present price action to predict the probability of Qantas Airways' 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' price. Additionally, you may evaluate how the addition of Qantas Airways to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Qantas Airways' value and its price as these two are different measures arrived at by different means. Investors typically determine if Qantas Airways is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Qantas Airways' 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.