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

Correlation

The correlation between IONQ and ARQQ 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

IONQ vs. ARQQ - Performance Comparison

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

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

Key characteristics

Sharpe Ratio

IONQ:

2.43

ARQQ:

1.13

Sortino Ratio

IONQ:

3.06

ARQQ:

2.41

Omega Ratio

IONQ:

1.35

ARQQ:

1.29

Calmar Ratio

IONQ:

2.94

ARQQ:

1.56

Martin Ratio

IONQ:

6.91

ARQQ:

3.17

Ulcer Index

IONQ:

33.53%

ARQQ:

49.02%

Daily Std Dev

IONQ:

95.54%

ARQQ:

137.37%

Max Drawdown

IONQ:

-90.00%

ARQQ:

-99.60%

Current Drawdown

IONQ:

0.00%

ARQQ:

-96.79%

Fundamentals

Market Cap

IONQ:

$9.49B

ARQQ:

$412.63M

EPS

IONQ:

-$0.82

ARQQ:

-$4.74

Total Revenue (TTM)

IONQ:

$37.47M

ARQQ:

$119.00K

Gross Profit (TTM)

IONQ:

$14.45M

ARQQ:

-$1.02M

EBITDA (TTM)

IONQ:

-$192.74M

ARQQ:

-$19.04M

Returns By Period

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


IONQ

YTD

258.51%

1M

53.92%

6M

557.10%

1Y

222.12%

5Y*

N/A

10Y*

N/A

ARQQ

YTD

157.38%

1M

315.53%

6M

306.67%

1Y

159.57%

5Y*

N/A

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

IONQ vs. ARQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for IonQ, Inc. (IONQ) and Arqit Quantum Inc. (ARQQ). 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 IONQ, currently valued at 2.43, compared to the broader market-4.00-2.000.002.002.431.13
The chart of Sortino ratio for IONQ, currently valued at 3.06, compared to the broader market-4.00-2.000.002.004.003.062.41
The chart of Omega ratio for IONQ, currently valued at 1.35, compared to the broader market0.501.001.502.001.351.29
The chart of Calmar ratio for IONQ, currently valued at 2.94, compared to the broader market0.002.004.006.002.941.56
The chart of Martin ratio for IONQ, currently valued at 6.91, compared to the broader market-5.000.005.0010.0015.0020.0025.006.913.17
IONQ
ARQQ

The current IONQ Sharpe Ratio is 2.43, which is higher than the ARQQ Sharpe Ratio of 1.13. The chart below compares the historical Sharpe Ratios of IONQ and ARQQ, 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
2.43
1.13
IONQ
ARQQ

Dividends

IONQ vs. ARQQ - Dividend Comparison

Neither IONQ nor ARQQ has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

IONQ vs. ARQQ - Drawdown Comparison

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


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember0
-96.79%
IONQ
ARQQ

Volatility

IONQ vs. ARQQ - Volatility Comparison

The current volatility for IonQ, Inc. (IONQ) is 44.42%, while Arqit Quantum Inc. (ARQQ) has a volatility of 71.71%. This indicates that IONQ experiences smaller price fluctuations and is considered to be less risky than ARQQ 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
44.42%
71.71%
IONQ
ARQQ

Financials

IONQ vs. ARQQ - Financials Comparison

This section allows you to compare key financial metrics between IonQ, Inc. and Arqit Quantum 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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