Qingling Motors (Germany) Price on December 2, 2024
QIN Stock | EUR 0.06 0 2.45% |
If you're considering investing in Qingling Stock, it is important to understand the factors that can impact its price. As of today, the current price of Qingling Motors stands at 0.06, as last reported on the 13th of December 2024, with the highest price reaching 0.07 and the lowest price hitting 0.06 during the day. Qingling Motors appears to be out of control, given 3 months investment horizon. Qingling Motors maintains Sharpe Ratio (i.e., Efficiency) of 0.12, which implies the firm had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Qingling Motors, which you can use to evaluate the volatility of the company. Please evaluate Qingling Motors' Coefficient Of Variation of 811.46, risk adjusted performance of 0.0976, and Semi Deviation of 2.51 to confirm if our risk estimates are consistent with your expectations.
Qingling Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Qingling |
Sharpe Ratio = 0.1191
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Estimated Market Risk
3.74 actual daily | 33 67% of assets are more volatile |
Expected Return
0.45 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Qingling Motors is performing at about 9% 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 Qingling Motors by adding it to a well-diversified portfolio.
Qingling Motors Valuation on December 2, 2024
It is possible to determine the worth of Qingling Motors on a given historical date. On December 2, 2024 Qingling was worth 0.0628 at the beginning of the trading date compared to the closed value of 0.064. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Qingling Motors stock. Still, in general, we apply an absolute valuation method to find Qingling Motors' 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 Qingling Motors where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Qingling Motors' related companies.
Open | High | Low | Close | Volume | |
0.06 | 0.06 | 0.06 | 0.06 | 10,000 | |
12/02/2024 | 0.06 | 0.06 | 0.06 | 0.06 | 800.00 |
0.06 | 0.06 | 0.06 | 0.06 | 800.00 |
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Qingling Motors Trading Date Momentum on December 2, 2024
On December 03 2024 Qingling Motors Co was traded for 0.06 at the closing time. The highest daily price throughout the period was 0.06 and the lowest price was 0.06 . The daily volume was 800. The net trading volume on 12/03/2024 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 0.31% . The trading delta at closing time to current closing price is 2.19% . |
Qingling Motors Fundamentals Correlations and Trends
By evaluating Qingling Motors' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Qingling Motors' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Qingling financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Qingling Motors Stock history
Qingling Motors 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 Qingling is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Qingling Motors 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 Qingling Motors stock prices may prove useful in developing a viable investing in Qingling Motors
Qingling Motors Co., Ltd., together with its subsidiaries, produces and sells Isuzu trucks in the Peoples Republic of China. Qingling Motors Co., Ltd. is a subsidiary of Qingling Motors Company Limited. QINGLING MOTORS operates under Truck Manufacturing classification in Germany and is traded on Frankfurt Stock Exchange. It employs 3008 people.
Qingling Motors Stock Technical Analysis
Qingling Motors 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
Qingling Motors Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Qingling Motors Co 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.
Qingling Motors December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Qingling Motors stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Qingling Motors shares will generate the highest return on investment. By undertsting and applying Qingling Motors stock market strength indicators, traders can identify Qingling Motors Co entry and exit signals to maximize returns
Qingling Motors Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Qingling Motors' price direction in advance. Along with the technical and fundamental analysis of Qingling Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Qingling 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 | 0.0976 | |||
Jensen Alpha | 0.4826 | |||
Total Risk Alpha | (0.07) | |||
Sortino Ratio | 0.1028 | |||
Treynor Ratio | (1.27) |
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Complementary Tools for Qingling Stock analysis
When running Qingling Motors' price analysis, check to measure Qingling Motors' 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 Qingling Motors is operating at the current time. Most of Qingling Motors' value examination focuses on studying past and present price action to predict the probability of Qingling Motors' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Qingling Motors' price. Additionally, you may evaluate how the addition of Qingling Motors to your portfolios can decrease your overall portfolio volatility.
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