360 Finance Stock Alpha and Beta Analysis
| QFIN Stock | USD 33.85 0.68 1.97% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as 360 Finance. It also helps investors analyze the systematic and unsystematic risks associated with investing in 360 Finance over a specified time horizon. Remember, high 360 Finance's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to 360 Finance's market risk premium analysis include:
Beta 0.73 | Alpha 0.46 | Risk 3.28 | Sharpe Ratio 0.16 | Expected Return 0.53 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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360 Finance Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. 360 Finance market risk premium is the additional return an investor will receive from holding 360 Finance long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in 360 Finance. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate 360 Finance's performance over market.| α | 0.46 | β | 0.73 |
360 Finance expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of 360 Finance's Buy-and-hold return. Our buy-and-hold chart shows how 360 Finance performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.360 Finance Market Price Analysis
Market price analysis indicators help investors to evaluate how 360 Finance stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 360 Finance shares will generate the highest return on investment. By understating and applying 360 Finance stock market price indicators, traders can identify 360 Finance position entry and exit signals to maximize returns.
360 Finance Return and Market Media
The median price of 360 Finance for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 31.2 with a coefficient of variation of 13.13. The daily time series for the period is distributed with a sample standard deviation of 3.9, arithmetic mean of 29.73, and mean deviation of 3.56. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Are You Looking for a Top Momentum Pick Why Qifu Technology, Inc. is a Great Choice | 09/04/2024 |
2 | Qifu Technology Driving Shareholder Value with Active Buyback Program | 10/04/2024 |
3 | Zacks.com featured highlights Idaho Strategic, Qifu, Sezzle, Corcept and FinWise | 10/23/2024 |
4 | Heres Why Trend Investors Would Love Betting on Qifu Technology, Inc. | 10/28/2024 |
| 360 Finance dividend paid on 1st of November 2024 | 11/01/2024 |
5 | Qifu Technology shareholders are still up 325 percent over 5 years despite pulling back 3.8 percent in the past week | 11/07/2024 |
6 | Qifu Technology Inc Stock Price Up 3.53 percent on Nov 11 | 11/11/2024 |
7 | Qifu Technology Inc Trading Down 3.52 percent on Nov 14 | 11/14/2024 |
8 | Qifu Technology Announces Third Quarter 2024 Unaudited Financial Results and Launches A New US450 Million Share Repurchase Plan for 2025 | 11/19/2024 |
9 | Qifu Technology shares retain Buy rating as Citi lifts price target by 20 | 11/20/2024 |
10 | Qifu Technology Third Quarter 2024 Earnings EPS CN12.41 | 11/21/2024 |
About 360 Finance Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including 360 or other stocks. Alpha measures the amount that position in 360 Finance has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2023 | 2024 (projected) | Dividend Yield | 0.051 | 0.0485 | Price To Sales Ratio | 1.13 | 1.08 |
360 Finance Upcoming Company Events
As portrayed in its financial statements, the presentation of 360 Finance's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, 360 Finance's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of 360 Finance's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of 360 Finance. Please utilize our Beneish M Score to check the likelihood of 360 Finance's management manipulating its earnings.
| 14th of March 2024 Upcoming Quarterly Report | View | |
| 16th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with 360 Finance
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out 360 Finance Backtesting, 360 Finance Valuation, 360 Finance Correlation, 360 Finance Hype Analysis, 360 Finance Volatility, 360 Finance History and analyze 360 Finance Performance. To learn how to invest in 360 Stock, please use our How to Invest in 360 Finance guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
360 Finance technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.