Qilian International Holding Stock Market Value
| BGM Stock | 7.04 0.04 0.57% |
| Symbol | Qilian |
Is Pharmaceuticals 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 Qilian International. If investors know Qilian 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 Qilian International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.10) | Revenue Per Share 4.178 | Quarterly Revenue Growth (0.57) | Return On Assets (0.04) | Return On Equity (0.17) |
The market value of Qilian International is measured differently than its book value, which is the value of Qilian that is recorded on the company's balance sheet. Investors also form their own opinion of Qilian International's value that differs from its market value or its book value, called intrinsic value, which is Qilian International'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 Qilian International's market value can be influenced by many factors that don't directly affect Qilian International'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 Qilian International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Qilian International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Qilian International'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.
Qilian International '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 Qilian International'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 Qilian International.
| 01/31/2024 |
| 11/26/2024 |
If you would invest 0.00 in Qilian International on January 31, 2024 and sell it all today you would earn a total of 0.00 from holding Qilian International Holding or generate 0.0% return on investment in Qilian International over 300 days. Qilian International is related to or competes with Capricor Therapeutics, Soleno Therapeutics, Bio Path, Moleculin Biotech, Crinetics Pharmaceuticals, Assembly Biosciences, and Instil Bio. Qilian International is entity of United States More
Qilian International 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 Qilian International'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 Qilian International Holding upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.21 | |||
| Information Ratio | 0.0542 | |||
| Maximum Drawdown | 35.83 | |||
| Value At Risk | (5.53) | |||
| Potential Upside | 9.88 |
Qilian International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Qilian International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Qilian International's standard deviation. In reality, there are many statistical measures that can use Qilian International historical prices to predict the future Qilian International's volatility.| Risk Adjusted Performance | 0.0698 | |||
| Jensen Alpha | 0.455 | |||
| Total Risk Alpha | (0.38) | |||
| Sortino Ratio | 0.0634 | |||
| Treynor Ratio | (0.66) |
Qilian International Backtested Returns
Qilian International appears to be moderately volatile, given 3 months investment horizon. Qilian International maintains Sharpe Ratio (i.e., Efficiency) of 0.0792, which implies the firm had a 0.0792% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Qilian International, which you can use to evaluate the volatility of the company. Please evaluate Qilian International's Coefficient Of Variation of 1246.02, semi deviation of 3.91, and Risk Adjusted Performance of 0.0698 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Qilian International holds a performance score of 6. The company holds a Beta of -0.59, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Qilian International are expected to decrease at a much lower rate. During the bear market, Qilian International is likely to outperform the market. Please check Qilian International's total risk alpha, expected short fall, market facilitation index, as well as the relationship between the value at risk and daily balance of power , to make a quick decision on whether Qilian International's historical price patterns will revert.
Auto-correlation | 0.66 |
Good predictability
Qilian International Holding has good predictability. Overlapping area represents the amount of predictability between Qilian International time series from 31st of January 2024 to 29th of June 2024 and 29th of June 2024 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Qilian International price movement. The serial correlation of 0.66 indicates that around 66.0% of current Qilian International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 1.15 |
Qilian International lagged returns against current returns
Autocorrelation, which is Qilian International 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 Qilian International's stock expected returns. We can calculate the autocorrelation of Qilian International returns to help us make a trade decision. For example, suppose you find that Qilian International 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 |
Qilian International 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 Qilian International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Qilian International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Qilian International stock over time.
Current vs Lagged Prices |
| Timeline |
Qilian International Lagged Returns
When evaluating Qilian International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Qilian International stock have on its future price. Qilian International 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, Qilian International autocorrelation shows the relationship between Qilian International stock current value and its past values and can show if there is a momentum factor associated with investing in Qilian International Holding.
Regressed Prices |
| Timeline |
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Qilian International 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.