Quectel Wireless (China) Performance
| 603236 Stock | 49.91 0.68 1.38% |
On a scale of 0 to 100, Quectel Wireless holds a performance score of 7. The company holds a Beta of 0.0624, which implies not very significant fluctuations relative to the market. As returns on the market increase, Quectel Wireless' returns are expected to increase less than the market. However, during the bear market, the loss of holding Quectel Wireless is expected to be smaller as well. Please check Quectel Wireless' semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether Quectel Wireless' historical price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Quectel Wireless Solutions are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Quectel Wireless sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Payout Ratio 0.209 | Last Split Factor 1.4:1 | Ex Dividend Date 2024-09-26 | Last Split Date 2023-06-15 |
1 | Exploring Quectel Wireless Solutions And Two More High Growth Tech Stocks - Simply Wall St | 11/14/2024 |
| Begin Period Cash Flow | 2.2 B | |
| Free Cash Flow | 751.5 M |
Quectel |
Quectel Wireless Relative Risk vs. Return Landscape
If you would invest 4,278 in Quectel Wireless Solutions on September 3, 2024 and sell it today you would earn a total of 713.00 from holding Quectel Wireless Solutions or generate 16.67% return on investment over 90 days. Quectel Wireless Solutions is generating 0.3278% of daily returns and assumes 3.5542% volatility on return distribution over the 90 days horizon. Simply put, 31% of stocks are less volatile than Quectel, and 94% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Quectel Wireless Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Quectel Wireless' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Quectel Wireless Solutions, and traders can use it to determine the average amount a Quectel Wireless' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0922
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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.
Quectel Wireless Fundamentals Growth
Quectel Stock prices reflect investors' perceptions of the future prospects and financial health of Quectel Wireless, and Quectel Wireless fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Quectel Stock performance.
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0302 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 14.16 B | ||||
| Shares Outstanding | 261.66 M | ||||
| Price To Book | 3.42 X | ||||
| Price To Sales | 0.77 X | ||||
| Revenue | 13.86 B | ||||
| Gross Profit | 2.74 B | ||||
| EBITDA | 879.02 M | ||||
| Net Income | 90.71 M | ||||
| Total Debt | 719.56 M | ||||
| Book Value Per Share | 14.57 X | ||||
| Cash Flow From Operations | 1.04 B | ||||
| Earnings Per Share | 1.77 X | ||||
| Total Asset | 11.23 B | ||||
| Retained Earnings | 1.17 B | ||||
About Quectel Wireless Performance
By analyzing Quectel Wireless' fundamental ratios, stakeholders can gain valuable insights into Quectel Wireless' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Quectel Wireless has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Quectel Wireless has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Quectel Wireless is entity of China. It is traded as Stock on SHG exchange.Things to note about Quectel Wireless Sol performance evaluation
Checking the ongoing alerts about Quectel Wireless for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Quectel Wireless Sol help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Quectel Wireless Sol had very high historical volatility over the last 90 days | |
| Quectel Wireless Sol is unlikely to experience financial distress in the next 2 years | |
| About 36.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Exploring Quectel Wireless Solutions And Two More High Growth Tech Stocks - Simply Wall St |
- Analyzing Quectel Wireless' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Quectel Wireless' stock is overvalued or undervalued compared to its peers.
- Examining Quectel Wireless' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Quectel Wireless' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Quectel Wireless' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Quectel Wireless' stock. These opinions can provide insight into Quectel Wireless' potential for growth and whether the stock is currently undervalued or overvalued.
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.
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