Qilian International Holding Stock Probability of Future Stock Price Finishing Over 7.02
| BGM Stock | 8.82 1.62 22.50% |
Qilian |
Qilian International Target Price Odds to finish over 7.02
The tendency of Qilian Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above 7.02 in 90 days |
| 8.82 | 90 days | 7.02 | about 66.15 |
Based on a normal probability distribution, the odds of Qilian International to stay above 7.02 in 90 days from now is about 66.15 (This Qilian International Holding probability density function shows the probability of Qilian Stock to fall within a particular range of prices over 90 days) . Probability of Qilian International price to stay between 7.02 and its current price of 8.82 at the end of the 90-day period is about 65.66 .
Considering the 90-day investment horizon Qilian International Holding has a beta of -0.61 suggesting as returns on the benchmark increase, returns on holding Qilian International are expected to decrease at a much lower rate. During a bear market, however, Qilian International Holding is likely to outperform the market. Additionally Qilian International Holding has an alpha of 0.5833, implying that it can generate a 0.58 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Qilian International Price Density |
| Price |
Predictive Modules for Qilian International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Qilian International. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Qilian International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Qilian International is not an exception. The market had few large corrections towards the Qilian International's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Qilian International Holding, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Qilian International within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.58 | |
β | Beta against Dow Jones | -0.61 | |
σ | Overall volatility | 0.60 | |
Ir | Information ratio | 0.08 |
Qilian International Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Qilian International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Qilian International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Qilian International had very high historical volatility over the last 90 days | |
| Qilian International Holding was previously known as Qilian International Holding and was traded on NASDAQ Exchange under the symbol QLI. | |
| Qilian International has a poor financial position based on the latest SEC disclosures |
Qilian International Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Qilian Stock often depends not only on the future outlook of the current and potential Qilian International's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Qilian International's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 35.8 M | |
| Shares Float | 1.6 M |
Qilian International Technical Analysis
Qilian International's future price can be derived by breaking down and analyzing its technical indicators over time. Qilian Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Qilian International Holding. In general, you should focus on analyzing Qilian Stock price patterns and their correlations with different microeconomic environments and drivers.
Qilian International Predictive Forecast Models
Qilian International's time-series forecasting models is one of many Qilian International's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Qilian International's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Qilian International
Checking the ongoing alerts about Qilian International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Qilian International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Qilian International had very high historical volatility over the last 90 days | |
| Qilian International Holding was previously known as Qilian International Holding and was traded on NASDAQ Exchange under the symbol QLI. | |
| Qilian International has a poor financial position based on the latest SEC disclosures |
Check out Qilian International Backtesting, Qilian International Valuation, Qilian International Correlation, Qilian International Hype Analysis, Qilian International Volatility, Qilian International History as well as Qilian International Performance. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Pharmaceuticals space 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 Qilian International. If investors know Qilian 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 Qilian International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.10) | Revenue Per Share 4.178 | Quarterly Revenue Growth (0.57) | Return On Assets (0.04) | Return On Equity (0.17) |
The market value of Qilian International is measured differently than its book value, which is the value of Qilian that is recorded on the company's balance sheet. Investors also form their own opinion of Qilian International's value that differs from its market value or its book value, called intrinsic value, which is Qilian International's 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 Qilian International's market value can be influenced by many factors that don't directly affect Qilian International's 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 Qilian International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Qilian International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Qilian International's 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.