Quectel Wireless (China) Price on October 10, 2024
| 603236 Stock | 49.91 0.68 1.38% |
Below is the normalized historical share price chart for Quectel Wireless Solutions extending back to July 16, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Quectel Wireless stands at 49.91, as last reported on the 2nd of December, with the highest price reaching 50.39 and the lowest price hitting 48.68 during the day.
If you're considering investing in Quectel Stock, it is important to understand the factors that can impact its price. Quectel Wireless appears to be very steady, given 3 months investment horizon. Quectel Wireless Sol maintains Sharpe Ratio (i.e., Efficiency) of 0.0922, which implies the firm had a 0.0922% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Quectel Wireless Sol, which you can use to evaluate the volatility of the company. Please evaluate Quectel Wireless' Coefficient Of Variation of 1056.42, risk adjusted performance of 0.0801, and Semi Deviation of 3.04 to confirm if our risk estimates are consistent with your expectations.
As of December 2, 2024, Total Stockholder Equity is expected to decline to about 2.1 B. The current year's Other Stockholder Equity is expected to grow to about (47.2 M). Quectel Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 44.7863 | 50 Day MA 49.8224 | Beta 1.026 |
Quectel |
Sharpe Ratio = 0.0922
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 603236 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.55 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Quectel Wireless is performing at about 7% 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 Quectel Wireless by adding it to a well-diversified portfolio.
Price Book 3.4245 | Enterprise Value Ebitda 26.3574 | Price Sales 0.7673 | Shares Float 179.4 M | Wall Street Target Price 85.38 |
Related Headline
China Construction Headline on 10th of October 2024
The China Stocks Sell-Off What The Price Charts Show Now - F... by news.google.com
The China Stocks Sell-Off What The Price Charts Show Now Forbes
Quectel Wireless Valuation on October 10, 2024
It is possible to determine the worth of Quectel Wireless on a given historical date. On October 10, 2024 Quectel was worth 48.91 at the beginning of the trading date compared to the closed value of 47.71. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Quectel Wireless stock. Still, in general, we apply an absolute valuation method to find Quectel Wireless' 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 Quectel Wireless where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Quectel Wireless' related companies.
| Open | High | Low | Close | Volume | |
| 52.01 | 52.20 | 48.00 | 48.30 | 18,353,095 | |
10/10/2024 | 48.91 | 50.09 | 47.60 | 47.71 | 13,984,408 |
| 49.50 | 50.36 | 47.30 | 48.72 | 17,956,352 |
| Backtest Quectel Wireless | | | Quectel Wireless History | | | Quectel Wireless Valuation | Previous | Next |
Quectel Wireless Trading Date Momentum on October 10, 2024
| On October 11 2024 Quectel Wireless Solutions was traded for 48.72 at the closing time. The highest price during the trading period was 50.36 and the lowest recorded bid was listed for 47.30 . The volume for the day was 18 M. This history from October 11, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 2.12% . The trading delta at closing time to the current price is 19.47% . |
Quectel Wireless Sol Fundamentals Correlations and Trends
By evaluating Quectel Wireless' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Quectel Wireless' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Quectel financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Quectel Wireless Stock history
Quectel Wireless 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 Quectel is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Quectel Wireless Sol 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 Quectel Wireless stock prices may prove useful in developing a viable investing in Quectel Wireless
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 264.6 M | 170.6 M | |
| Net Income Applicable To Common Shares | 716.2 M | 752.1 M |
Quectel Wireless Quarterly Net Working Capital |
|
Quectel Wireless Stock Technical Analysis
Quectel Wireless 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
Quectel Wireless Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Quectel Wireless Solutions cannot be verified against its exchange. Please verify the symbol is currently traded on Shanghai Stock 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.
Quectel Wireless December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Quectel Wireless stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Quectel Wireless shares will generate the highest return on investment. By undertsting and applying Quectel Wireless stock market strength indicators, traders can identify Quectel Wireless Solutions entry and exit signals to maximize returns
Quectel Wireless Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Quectel Wireless' price direction in advance. Along with the technical and fundamental analysis of Quectel Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Quectel 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 | 0.0801 | |||
| Jensen Alpha | 0.3064 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | 0.0556 | |||
| Treynor Ratio | 5.04 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Quectel Stock analysis
When running Quectel Wireless' price analysis, check to measure Quectel Wireless' 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 Quectel Wireless is operating at the current time. Most of Quectel Wireless' value examination focuses on studying past and present price action to predict the probability of Quectel Wireless' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quectel Wireless' price. Additionally, you may evaluate how the addition of Quectel Wireless to your portfolios can decrease your overall portfolio volatility.
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios |