Ricochet Trader Logo


External Links

Google Quotes

Google News

Reuters News

Yahoo News

Yahoo Quotes

#7) Quantum Corp.(QTM) Forecast Chart for Aug 14, 2017*
Top Buys Chart Navigation
Prev Buy Next Buy

August 11, 2017 (RicochetTrader.com)

Forecast chart for Quantum Corp. ( QTM ) for the next 15 trading days, starting on August 14, 2017

On August 11, 2017 Quantum Corp. had a closing price of $5.12 with 803,905 shares traded. The trading liquidity was $4.12M. The forecast predicted average opening price for trading date August 14, 2017 is $5.18.

Summary Information for Quantum Corp. ( QTM ).

Summary of the 10th percentile net composite return.
The best expected daily return of 2.4622% occurs on day 3 where there is a 10% chance that QTM will rise to $6.42 (+23.88%) and there is a 10% chance it will fall to $4.34 (-16.31%). There is a 20% that QTM will cross one of these price levels in 3 days, and adding the returns of +23.88% and -16.31% yields a net composite return of 7.57%. A net return of 7.57% in 3 days is an EDR of 2.4622% per day.

Summary of the 20th percentile net composite return.
The best expected daily return of 1.9657% occurs on day 2 where there is a 20% chance that QTM will rise to $5.89 (+13.64%) and there is a 20% chance it will fall to $4.68 (-9.67%). There is a 40% that QTM will cross one of these price levels in 2 days, and adding the returns of +13.64% and -9.67% yields a net composite return of 3.97%. A net return of 3.97% in 2 days is an EDR of 1.9657% per day.

Summary of the 30th percentile net composite return.
The best expected daily return of 1.1978% occurs on day 2 where there is a 30% chance that QTM will rise to $5.68 (+9.69%) and there is a 30% chance it will fall to $4.80 (-7.28%). There is a 60% that QTM will cross one of these price levels in 2 days, and adding the returns of +9.69% and -7.28% yields a net composite return of 2.41%. A net return of 2.41% in 2 days is an EDR of 1.1978% per day.

Summary of the 40th percentile net composite return.
The best expected daily return of 0.5734% occurs on day 2 where there is a 40% chance that QTM will rise to $5.51 (+6.29%) and there is a 40% chance it will fall to $4.91 (-5.14%). There is a 80% that QTM will cross one of these price levels in 2 days, and adding the returns of +6.29% and -5.14% yields a net composite return of 1.15%. A net return of 1.15% in 2 days is an EDR of 0.5734% per day.

* The forecast for Quantum Corp. (QTM) was made using market data after the close on August 11, 2017 but is generated for the next trading day, or August 14, 2017