Xiaomi (Germany) Price on October 7, 2024
| 3CP Stock | EUR 3.45 0.05 1.43% |
If you're considering investing in Xiaomi Stock, it is important to understand the factors that can impact its price. As of today, the current price of Xiaomi stands at 3.45, as last reported on the 26th of November, with the highest price reaching 3.50 and the lowest price hitting 3.44 during the day. Xiaomi appears to be moderately volatile, given 3 months investment horizon. Xiaomi shows Sharpe Ratio of 0.25, which attests that the company had a 0.25% return per unit of risk over the last 3 months. By examining Xiaomi's technical indicators, you can evaluate if the expected return of 0.79% is justified by implied risk. Please utilize Xiaomi's Mean Deviation of 2.3, market risk adjusted performance of 1.54, and Downside Deviation of 3.13 to validate if our risk estimates are consistent with your expectations.
Xiaomi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Xiaomi |
Sharpe Ratio = 0.2535
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Estimated Market Risk
| 3.12 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.79 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average Xiaomi is performing at about 19% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Xiaomi by adding it to a well-diversified portfolio.
Xiaomi Valuation on October 7, 2024
It is possible to determine the worth of Xiaomi on a given historical date. On October 7, 2024 Xiaomi was worth 3.02 at the beginning of the trading date compared to the closed value of 3.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Xiaomi stock. Still, in general, we apply an absolute valuation method to find Xiaomi's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Xiaomi where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Xiaomi's related companies.
| Open | High | Low | Close | Volume | |
| 2.82 | 2.88 | 2.80 | 2.84 | 324,806 | |
10/07/2024 | 3.02 | 3.06 | 3.01 | 3.06 | 729,650 |
| 2.81 | 2.88 | 2.69 | 2.74 | 505,047 |
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Xiaomi Trading Date Momentum on October 7, 2024
| On October 08 2024 Xiaomi was traded for 2.74 at the closing time. The highest daily price throughout the period was 2.88 and the lowest price was 2.69 . The daily volume was 505 K. The net trading volume on 10/08/2024 added to the next day price reduction. The daily price change to closing price of the next trading day was 10.46% . The trading price change to current closing price is 8.82% . |
Xiaomi Fundamentals Correlations and Trends
By evaluating Xiaomi's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Xiaomi's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Xiaomi financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Xiaomi Stock history
Xiaomi investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Xiaomi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Xiaomi will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Xiaomi stock prices may prove useful in developing a viable investing in Xiaomi
Xiaomi Corporation, an investment holding company, provides hardware, software, and internet services in Mainland China, India, Europe, and internationally. Xiaomi Corporation was incorporated in 2010 and is headquartered in Beijing, the Peoples Republic of China. XIAOMI CORP is traded on Frankfurt Stock Exchange in Germany.
Xiaomi Stock Technical Analysis
Xiaomi 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.
Price Boundaries
Xiaomi Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Xiaomi cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Xiaomi November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Xiaomi stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Xiaomi shares will generate the highest return on investment. By undertsting and applying Xiaomi stock market strength indicators, traders can identify Xiaomi entry and exit signals to maximize returns
Xiaomi Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Xiaomi's price direction in advance. Along with the technical and fundamental analysis of Xiaomi Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Xiaomi to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.2054 | |||
| Jensen Alpha | 0.7233 | |||
| Total Risk Alpha | 0.308 | |||
| Sortino Ratio | 0.2127 | |||
| Treynor Ratio | 1.53 |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Xiaomi Stock analysis
When running Xiaomi's price analysis, check to measure Xiaomi's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Xiaomi is operating at the current time. Most of Xiaomi's value examination focuses on studying past and present price action to predict the probability of Xiaomi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xiaomi's price. Additionally, you may evaluate how the addition of Xiaomi to your portfolios can decrease your overall portfolio volatility.
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