Ionq Inc Stock Performance
| IONQ Stock | USD 47.12 2.54 5.70% |
IONQ holds a performance score of 24 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 3.55, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, IONQ will likely underperform. Use IONQ Inc semi variance, and the relationship between the treynor ratio and daily balance of power , to analyze future returns on IONQ Inc.
Risk-Adjusted Performance
24 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in IONQ Inc are ranked lower than 24 (%) of all global equities and portfolios over the last 90 days. Even with relatively uncertain basic indicators, IONQ reported solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 7.89 | Five Day Return 20.62 | Year To Date Return 266.61 | Ten Year Return 312.78 | All Time Return 312.78 |
1 | Disposition of 4967 shares by Thomas Kramer of IONQ at 8.1319 subject to Rule 16b-3 | 10/15/2024 |
2 | Disposition of 9807 shares by Rima Alameddine of IONQ at 7.8865 subject to Rule 16b-3 | 11/22/2024 |
3 | IonQ, Inc. is Attracting Investor Attention Here is What You Should Know | 12/06/2024 |
4 | Investors Heavily Search IonQ, Inc. Here is What You Need to Know | 12/17/2024 |
5 | Better Quantum Computing Stock Alphabet vs. IonQ | 12/18/2024 |
6 | IonQ Recognized in Newsweeks Excellence 1000 Index as a Champ | 12/19/2024 |
7 | Why IonQ Stock is Moving Today | 12/20/2024 |
8 | Why IonQ Inc. Skyrocketed | 12/23/2024 |
| Begin Period Cash Flow | 46.4 M | |
| Free Cash Flow | -98.4 M |
IONQ |
IONQ Relative Risk vs. Return Landscape
If you would invest 971.00 in IONQ Inc on September 27, 2024 and sell it today you would earn a total of 3,487 from holding IONQ Inc or generate 359.11% return on investment over 90 days. IONQ Inc is currently generating 2.7868% in daily expected returns and assumes 8.9927% risk (volatility on return distribution) over the 90 days horizon. In different words, 80% of stocks are less volatile than IONQ, and 45% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
IONQ Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IONQ's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as IONQ Inc, and traders can use it to determine the average amount a IONQ'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 = 0.3099
| Best Portfolio | Best Equity | |||
| Good Returns | IONQ | |||
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| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 8.99 actual daily | 80 80% of assets are less volatile |
Expected Return
| 2.79 actual daily | 55 55% of assets have lower returns |
Risk-Adjusted Return
| 0.31 actual daily | 24 76% of assets perform better |
Based on monthly moving average IONQ is performing at about 24% of its full potential. 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 it to a well-diversified portfolio.
IONQ Fundamentals Growth
IONQ Stock prices reflect investors' perceptions of the future prospects and financial health of IONQ, and IONQ 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 IONQ Stock performance.
| Return On Equity | -0.37 | ||||
| Return On Asset | -0.25 | ||||
| Operating Margin | (4.29) % | ||||
| Current Valuation | 9.36 B | ||||
| Shares Outstanding | 216.39 M | ||||
| Price To Book | 22.14 X | ||||
| Price To Sales | 257.46 X | ||||
| Revenue | 22.04 M | ||||
| Gross Profit | 1.1 M | ||||
| EBITDA | (147.38 M) | ||||
| Net Income | (157.77 M) | ||||
| Cash And Equivalents | 423.35 M | ||||
| Cash Per Share | 2.12 X | ||||
| Total Debt | 8.11 M | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 30.11 X | ||||
| Book Value Per Share | 2.02 X | ||||
| Cash Flow From Operations | (78.81 M) | ||||
| Earnings Per Share | (0.82) X | ||||
| Market Capitalization | 9.65 B | ||||
| Total Asset | 553.58 M | ||||
| Retained Earnings | (352.07 M) | ||||
| Working Capital | 352.82 M | ||||
About IONQ Performance
Assessing IONQ's fundamental ratios provides investors with valuable insights into IONQ's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the IONQ is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 561.64 | 589.72 | |
| Return On Tangible Assets | (0.29) | (0.31) | |
| Return On Capital Employed | (0.31) | (0.32) | |
| Return On Assets | (0.29) | (0.30) | |
| Return On Equity | (0.33) | (0.34) |
Things to note about IONQ Inc performance evaluation
Checking the ongoing alerts about IONQ for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for IONQ Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| IONQ Inc is way too risky over 90 days horizon | |
| IONQ Inc appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 22.04 M. Net Loss for the year was (157.77 M) with profit before overhead, payroll, taxes, and interest of 1.1 M. | |
| IONQ Inc currently holds about 423.35 M in cash with (78.81 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.12. | |
| IONQ Inc has a poor financial position based on the latest SEC disclosures | |
| Latest headline from finance.yahoo.com: Why IonQ Inc. Skyrocketed |
- Analyzing IONQ'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 IONQ's stock is overvalued or undervalued compared to its peers.
- Examining IONQ'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 IONQ's management team can have a significant impact on its success or failure. Reviewing the track record and experience of IONQ's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of IONQ's stock. These opinions can provide insight into IONQ's potential for growth and whether the stock is currently undervalued or overvalued.
Additional 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.