Qiming Information's market value is the price at which a share of Qiming Information trades on a public exchange. It measures the collective expectations of Qiming Information Technology investors about its performance. Qiming Information is trading at 17.77 as of the 10th of January 2025, a 0.40 percent increase since the beginning of the trading day. The stock's open price was 17.7. With this module, you can estimate the performance of a buy and hold strategy of Qiming Information Technology and determine expected loss or profit from investing in Qiming Information over a given investment horizon. Check out Qiming Information Correlation, Qiming Information Volatility and Qiming Information Alpha and Beta module to complement your research on Qiming Information.
Please note, there is a significant difference between Qiming Information's value and its price as these two are different measures arrived at by different means. Investors typically determine if Qiming Information is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Qiming Information'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.
Qiming Information 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Qiming Information's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Qiming Information.
0.00
12/11/2024
No Change 0.00
0.0
In 30 days
01/10/2025
0.00
If you would invest 0.00 in Qiming Information on December 11, 2024 and sell it all today you would earn a total of 0.00 from holding Qiming Information Technology or generate 0.0% return on investment in Qiming Information over 30 days. Qiming Information is related to or competes with Ingenic Semiconductor, Beijing Mainstreets, Thinkon Semiconductor, Shanghai V, Cultural Investment, Xiandai Investment, and Hubei Geoway. Qiming Information is entity of China. It is traded as Stock on SHE exchange. More
Qiming Information Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Qiming Information's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Qiming Information Technology upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Qiming Information's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Qiming Information's standard deviation. In reality, there are many statistical measures that can use Qiming Information historical prices to predict the future Qiming Information's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Qiming Information. Your research has to be compared to or analyzed against Qiming Information's peers to derive any actionable benefits. When done correctly, Qiming Information's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Qiming Information.
Qiming Information Backtested Returns
Qiming Information maintains Sharpe Ratio (i.e., Efficiency) of -0.0102, which implies the firm had a -0.0102% return per unit of risk over the last 3 months. Qiming Information exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Qiming Information's Coefficient Of Variation of (1,502), variance of 21.44, and Risk Adjusted Performance of (0.04) to confirm the risk estimate we provide. The company holds a Beta of -0.38, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Qiming Information are expected to decrease at a much lower rate. During the bear market, Qiming Information is likely to outperform the market. At this point, Qiming Information has a negative expected return of -0.0453%. Please make sure to check Qiming Information's jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if Qiming Information performance from the past will be repeated at some point in the near future.
Auto-correlation
0.12
Insignificant predictability
Qiming Information Technology has insignificant predictability. Overlapping area represents the amount of predictability between Qiming Information time series from 11th of December 2024 to 26th of December 2024 and 26th of December 2024 to 10th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Qiming Information price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Qiming Information price fluctuation can be explain by its past prices.
Correlation Coefficient
0.12
Spearman Rank Test
-0.1
Residual Average
0.0
Price Variance
1.28
Qiming Information lagged returns against current returns
Autocorrelation, which is Qiming Information stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Qiming Information's stock expected returns. We can calculate the autocorrelation of Qiming Information returns to help us make a trade decision. For example, suppose you find that Qiming Information has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
Qiming Information regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Qiming Information stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Qiming Information stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Qiming Information stock over time.
Current vs Lagged Prices
Timeline
Qiming Information Lagged Returns
When evaluating Qiming Information's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Qiming Information stock have on its future price. Qiming Information autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Qiming Information autocorrelation shows the relationship between Qiming Information stock current value and its past values and can show if there is a momentum factor associated with investing in Qiming Information Technology.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Qiming Information financial ratios help investors to determine whether Qiming Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Qiming with respect to the benefits of owning Qiming Information security.