PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
IONQ vs. QBTS
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between IONQ and QBTS is 0.37, 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.


-0.50.00.51.00.4

Performance

IONQ vs. QBTS - Performance Comparison

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

0.00%200.00%400.00%600.00%JulyAugustSeptemberOctoberNovemberDecember
624.63%
-35.60%
IONQ
QBTS

Key characteristics

Sharpe Ratio

IONQ:

2.43

QBTS:

4.15

Sortino Ratio

IONQ:

3.06

QBTS:

4.23

Omega Ratio

IONQ:

1.35

QBTS:

1.47

Calmar Ratio

IONQ:

2.94

QBTS:

6.19

Martin Ratio

IONQ:

6.91

QBTS:

14.16

Ulcer Index

IONQ:

33.53%

QBTS:

41.33%

Daily Std Dev

IONQ:

95.54%

QBTS:

140.96%

Max Drawdown

IONQ:

-90.00%

QBTS:

-96.67%

Current Drawdown

IONQ:

0.00%

QBTS:

-48.06%

Fundamentals

Market Cap

IONQ:

$9.49B

QBTS:

$1.79B

EPS

IONQ:

-$0.82

QBTS:

-$0.41

Total Revenue (TTM)

IONQ:

$37.47M

QBTS:

$9.42M

Gross Profit (TTM)

IONQ:

$14.45M

QBTS:

$6.06M

EBITDA (TTM)

IONQ:

-$192.74M

QBTS:

-$69.08M

Returns By Period

In the year-to-date period, IONQ achieves a 258.51% return, which is significantly lower than QBTS's 631.82% return.


IONQ

YTD

258.51%

1M

53.92%

6M

557.10%

1Y

222.12%

5Y*

N/A

10Y*

N/A

QBTS

YTD

631.82%

1M

285.63%

6M

455.17%

1Y

574.35%

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. QBTS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for IonQ, Inc. (IONQ) and DPCM Capital Inc (QBTS). 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-4.00-2.000.002.002.434.15
The chart of Sortino ratio for IONQ, currently valued at 3.06, compared to the broader market-4.00-2.000.002.004.003.064.23
The chart of Omega ratio for IONQ, currently valued at 1.35, compared to the broader market0.501.001.502.001.351.47
The chart of Calmar ratio for IONQ, currently valued at 3.46, compared to the broader market0.002.004.006.003.466.19
The chart of Martin ratio for IONQ, currently valued at 6.91, compared to the broader market-5.000.005.0010.0015.0020.0025.006.9114.16
IONQ
QBTS

The current IONQ Sharpe Ratio is 2.43, which is lower than the QBTS Sharpe Ratio of 4.15. The chart below compares the historical Sharpe Ratios of IONQ and QBTS, 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-1.000.001.002.003.004.005.006.00JulyAugustSeptemberOctoberNovemberDecember
2.43
4.15
IONQ
QBTS

Dividends

IONQ vs. QBTS - Dividend Comparison

Neither IONQ nor QBTS has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

IONQ vs. QBTS - Drawdown Comparison

The maximum IONQ drawdown since its inception was -90.00%, smaller than the maximum QBTS drawdown of -96.67%. Use the drawdown chart below to compare losses from any high point for IONQ and QBTS. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember0
-48.06%
IONQ
QBTS

Volatility

IONQ vs. QBTS - Volatility Comparison

The current volatility for IonQ, Inc. (IONQ) is 44.42%, while DPCM Capital Inc (QBTS) has a volatility of 81.75%. This indicates that IONQ experiences smaller price fluctuations and is considered to be less risky than QBTS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


20.00%40.00%60.00%80.00%JulyAugustSeptemberOctoberNovemberDecember
44.42%
81.75%
IONQ
QBTS

Financials

IONQ vs. QBTS - Financials Comparison

This section allows you to compare key financial metrics between IonQ, Inc. and DPCM Capital 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
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


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.

Copyright © 2024 PortfoliosLab