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ARQQ vs. IONQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between ARQQ and IONQ is 0.30, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.3

Performance

ARQQ vs. IONQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Arqit Quantum Inc. (ARQQ) and IonQ, Inc. (IONQ). The values are adjusted to include any dividend payments, if applicable.

-100.00%0.00%100.00%200.00%300.00%JulyAugustSeptemberOctoberNovemberDecember
-89.20%
343.76%
ARQQ
IONQ

Key characteristics

Sharpe Ratio

ARQQ:

1.13

IONQ:

2.43

Sortino Ratio

ARQQ:

2.41

IONQ:

3.06

Omega Ratio

ARQQ:

1.29

IONQ:

1.35

Calmar Ratio

ARQQ:

1.56

IONQ:

2.94

Martin Ratio

ARQQ:

3.17

IONQ:

6.91

Ulcer Index

ARQQ:

49.02%

IONQ:

33.53%

Daily Std Dev

ARQQ:

137.37%

IONQ:

95.54%

Max Drawdown

ARQQ:

-99.60%

IONQ:

-90.00%

Current Drawdown

ARQQ:

-96.79%

IONQ:

0.00%

Fundamentals

Market Cap

ARQQ:

$412.63M

IONQ:

$9.49B

EPS

ARQQ:

-$4.74

IONQ:

-$0.82

Total Revenue (TTM)

ARQQ:

$119.00K

IONQ:

$37.47M

Gross Profit (TTM)

ARQQ:

-$1.02M

IONQ:

$14.45M

EBITDA (TTM)

ARQQ:

-$19.04M

IONQ:

-$192.74M

Returns By Period

In the year-to-date period, ARQQ achieves a 157.38% return, which is significantly lower than IONQ's 258.51% return.


ARQQ

YTD

157.38%

1M

315.53%

6M

306.67%

1Y

159.57%

5Y*

N/A

10Y*

N/A

IONQ

YTD

258.51%

1M

53.92%

6M

557.10%

1Y

222.12%

5Y*

N/A

10Y*

N/A

Compare stocks, funds, or ETFs

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Risk-Adjusted Performance

ARQQ vs. IONQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Arqit Quantum Inc. (ARQQ) and IonQ, Inc. (IONQ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratio
The chart of Sharpe ratio for ARQQ, currently valued at 1.13, compared to the broader market-4.00-2.000.002.001.132.43
The chart of Sortino ratio for ARQQ, currently valued at 2.41, compared to the broader market-4.00-2.000.002.004.002.413.06
The chart of Omega ratio for ARQQ, currently valued at 1.29, compared to the broader market0.501.001.502.001.291.35
The chart of Calmar ratio for ARQQ, currently valued at 1.56, compared to the broader market0.002.004.006.001.562.94
The chart of Martin ratio for ARQQ, currently valued at 3.17, compared to the broader market-5.000.005.0010.0015.0020.0025.003.176.91
ARQQ
IONQ

The current ARQQ Sharpe Ratio is 1.13, which is lower than the IONQ Sharpe Ratio of 2.43. The chart below compares the historical Sharpe Ratios of ARQQ and IONQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
1.13
2.43
ARQQ
IONQ

Dividends

ARQQ vs. IONQ - Dividend Comparison

Neither ARQQ nor IONQ has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

ARQQ vs. IONQ - Drawdown Comparison

The maximum ARQQ drawdown since its inception was -99.60%, which is greater than IONQ's maximum drawdown of -90.00%. Use the drawdown chart below to compare losses from any high point for ARQQ and IONQ. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-96.79%
0
ARQQ
IONQ

Volatility

ARQQ vs. IONQ - Volatility Comparison

Arqit Quantum Inc. (ARQQ) has a higher volatility of 71.71% compared to IonQ, Inc. (IONQ) at 44.42%. This indicates that ARQQ's price experiences larger fluctuations and is considered to be riskier than IONQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%20.00%30.00%40.00%50.00%60.00%70.00%JulyAugustSeptemberOctoberNovemberDecember
71.71%
44.42%
ARQQ
IONQ

Financials

ARQQ vs. IONQ - Financials Comparison

This section allows you to compare key financial metrics between Arqit Quantum Inc. and IonQ, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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