Qantas OTC Stock Performance

QABSY
 Stock
  

USD 15.16  0.37  2.38%   

The company holds a Beta of 0.7067, which implies possible diversification benefits within a given portfolio. Let's try to break down what Qantas's beta means in this case. As returns on the market increase, Qantas Airways returns are expected to increase less than the market. However, during the bear market, the loss on holding Qantas Airways will be expected to be smaller as well. Even though it is essential to pay attention to Qantas Airways ADR current trending patterns, it is always good to be careful when utilizing equity existing price patterns. Our philosophy towards forecasting any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Qantas Airways ADR exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Qantas Airways ADR has an expected return of -0.39%. Please be advised to check Qantas Airways ADR value at risk, as well as the relationship between the kurtosis and market facilitation index to decide if Qantas Airways ADR performance from the past will be repeated at some point in the near future.
  
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Qantas Performance
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Over the last 90 days Qantas Airways ADR has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Stock's basic indicators remain fairly strong which may send shares a bit higher in August 2022. The current disturbance may also be a sign of long term up-swing for the company investors. ...more

Structure and Payout Changes

Forward Annual Dividend Yield
0.0467
Last Split Factor
2:1
Forward Annual Dividend Rate
0.89
Dividend Date
2020-09-11
Ex Dividend Date
2020-02-28
Last Split Date
2018-11-02

Qantas Price Channel

Quick Ratio0.44
Fifty Two Week Low15.00
Fifty Two Week High21.97
Trailing Annual Dividend Yield0.81%

Qantas Airways Relative Risk vs. Return Landscape

If you would invest  1,971  in Qantas Airways ADR on April 5, 2022 and sell it today you would lose (455.00)  from holding Qantas Airways ADR or give up 23.08% of portfolio value over 90 days. Qantas Airways ADR is currently producing negative expected returns and takes up 2.716% volatility of returns over 90 trading days. Put another way, 23% of traded otc stocks are less volatile than Qantas, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming the 90 days horizon Qantas Airways is expected to under-perform the market. In addition to that, the company is 1.87 times more volatile than its market benchmark. It trades about -0.14 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.11 per unit of volatility.

Qantas Airways Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Qantas Airways' investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Qantas Airways ADR, and traders can use it to determine the average amount a Qantas Airways' 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 = -0.1421

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Negative ReturnsQABSY
Estimated Market Risk
 2.72
  actual daily
 
 23 %
of total potential
 
2323
Expected Return
 -0.39
  actual daily
 
 0 %
of total potential
 
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Risk-Adjusted Return
 -0.14
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Based on monthly moving average Qantas Airways is performing at about 0% 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 Qantas Airways by adding it to a well-diversified portfolio.

About Qantas Airways Performance

To evaluate Qantas Airways ADR OTC Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Qantas Airways 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 Qantas OTC Stock'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 Qantas Airways ADR stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Qantas'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.
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. It employs 22000 people.

Things to note about Qantas Airways ADR

Checking the ongoing alerts about Qantas Airways for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Qantas Airways ADR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Qantas Airways Alerts

Equity Alerts and Improvement Suggestions

Qantas Airways ADR generated a negative expected return over the last 90 days
Qantas Airways ADR has high likelihood to experience some financial distress in the next 2 years
The company has accumulated 8.37 B in total debt. Qantas Airways ADR has a current ratio of 0.51, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Qantas Airways until it has trouble settling it off, either with new capital or with free cash flow. So, Qantas Airways' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Qantas Airways ADR sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Qantas to invest in growth at high rates of return. When we think about Qantas Airways' use of debt, we should always consider it together with cash and equity.
The entity reported the revenue of 6.68 B. Net Loss for the year was (1.12 B) with profit before overhead, payroll, taxes, and interest of 1.57 B.
Please see Your Equity Center. Note that the Qantas Airways ADR information on this page should be used as a complementary analysis to other Qantas Airways' 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 Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.

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When running Qantas Airways ADR 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 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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Is Qantas Airways' 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 Qantas Airways. If investors know Qantas 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 Qantas Airways listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.036
Market Capitalization
5.8 B
Quarterly Revenue Growth YOY
0.32
Return On Assets
-0.0572
Return On Equity
-2.9
The market value of Qantas Airways ADR is measured differently than its book value, which is the value of Qantas that is recorded on the company's balance sheet. Investors also form their own opinion of Qantas Airways' value that differs from its market value or its book value, called intrinsic value, which is Qantas Airways' 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 Qantas Airways' market value can be influenced by many factors that don't directly affect Qantas Airways' 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 Qantas Airways' value and its price as these two are different measures arrived at by different means. Investors typically determine Qantas Airways value 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.