360 Finance Stock Price on March 20, 2024
QFIN Stock | USD 35.21 0.04 0.11% |
Below is the normalized historical share price chart for 360 Finance extending back to December 14, 2018. 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 360 Finance stands at 35.21, as last reported on the 22nd of November, with the highest price reaching 35.35 and the lowest price hitting 34.80 during the day.
If you're considering investing in 360 Stock, it is important to understand the factors that can impact its price. 360 Finance appears to be not too volatile, given 3 months investment horizon. 360 Finance retains Efficiency (Sharpe Ratio) of 0.18, which signifies that the company had a 0.18% return per unit of price deviation over the last 3 months. By evaluating 360 Finance's technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please makes use of 360 Finance's Market Risk Adjusted Performance of 0.7823, coefficient of variation of 523.33, and Standard Deviation of 3.2 to double-check if our risk estimates are consistent with your expectations.
At this time, 360 Finance's Total Stockholder Equity is very stable compared to the past year. As of the 22nd of November 2024, Stock Based Compensation is likely to grow to about 247 M, while Common Stock Total Equity is likely to drop about 13.4 K. . At this time, 360 Finance's Price Cash Flow Ratio is very stable compared to the past year. As of the 22nd of November 2024, Price Fair Value is likely to grow to 0.88, while Price To Sales Ratio is likely to drop 1.08. 360 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 14th of December 2018 | 200 Day MA 22.4541 | 50 Day MA 31.0333 | Beta 0.659 |
360 |
Sharpe Ratio = 0.1765
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | QFIN | |||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns |
Estimated Market Risk
3.23 actual daily | 28 72% of assets are more volatile |
Expected Return
0.57 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average 360 Finance is performing at about 13% 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 360 Finance by adding it to a well-diversified portfolio.
Price Book 1.7349 | Price Sales 0.3199 | Shares Float 239.5 M | Wall Street Target Price 278.3438 | Earnings Share 4.85 |
360 Finance Valuation on March 20, 2024
It is possible to determine the worth of 360 Finance on a given historical date. On March 20, 2024 360 was worth 17.78 at the beginning of the trading date compared to the closed value of 18.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of 360 Finance stock. Still, in general, we apply an absolute valuation method to find 360 Finance'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 360 Finance where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against 360 Finance's related companies.
Open | High | Low | Close | Volume | |
17.44 | 17.64 | 17.29 | 17.56 | 1,266,783 | |
03/20/2024 | 17.78 | 18.92 | 17.76 | 18.92 | 2,465,809 |
18.96 | 19.25 | 18.32 | 18.63 | 1,721,179 |
Backtest 360 Finance | | | 360 Finance History | | | 360 Finance Valuation | Previous | Next |
360 Finance Trading Date Momentum on March 20, 2024
On March 21 2024 360 Finance was traded for 18.63 at the closing time. The top price for the day was 19.25 and the lowest listed price was 18.32 . The trading volume for the day was 1.7 M. The trading history from March 21, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.53% . The daily price change against the current closing price is 6.55% . |
360 Finance Fundamentals Correlations and Trends
By evaluating 360 Finance'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 360 Finance's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 360 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About 360 Finance Stock history
360 Finance 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 360 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in 360 Finance 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 360 Finance stock prices may prove useful in developing a viable investing in 360 Finance
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 164.3 M | 136.2 M | |
Net Income Applicable To Common Shares | 4.6 B | 4.9 B |
360 Finance Stock Technical Analysis
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.
Price Boundaries
360 Finance Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
360 Finance cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
360 Finance November 22, 2024 Market Strength
Market strength 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 undertsting and applying 360 Finance stock market strength indicators, traders can identify 360 Finance entry and exit signals to maximize returns
360 Finance Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for 360 Finance's price direction in advance. Along with the technical and fundamental analysis of 360 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 360 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 | 0.1534 | |||
Jensen Alpha | 0.5246 | |||
Total Risk Alpha | 0.1844 | |||
Sortino Ratio | 0.1926 | |||
Treynor Ratio | 0.7723 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in 360 Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in 360 Stock, please use our How to Invest in 360 Finance guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Consumer Finance 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 360 Finance. If investors know 360 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 360 Finance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.343 | Earnings Share 4.85 | Revenue Per Share 109.127 | Quarterly Revenue Growth 0.063 | Return On Assets 0.107 |
The market value of 360 Finance is measured differently than its book value, which is the value of 360 that is recorded on the company's balance sheet. Investors also form their own opinion of 360 Finance's value that differs from its market value or its book value, called intrinsic value, which is 360 Finance'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 360 Finance's market value can be influenced by many factors that don't directly affect 360 Finance'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 360 Finance's value and its price as these two are different measures arrived at by different means. Investors typically determine if 360 Finance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 360 Finance'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.