Qudian Inc Stock Market Value
| QD Stock | USD 2.34 0.14 5.65% |
| Symbol | Qudian |
Qudian Inc Price To Book Ratio
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 Qudian. If investors know Qudian 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 Qudian 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 0.515 | Earnings Share (0.28) | Revenue Per Share 1.016 | Quarterly Revenue Growth 3.81 | Return On Assets (0.02) |
The market value of Qudian Inc is measured differently than its book value, which is the value of Qudian that is recorded on the company's balance sheet. Investors also form their own opinion of Qudian's value that differs from its market value or its book value, called intrinsic value, which is Qudian'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 Qudian's market value can be influenced by many factors that don't directly affect Qudian'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 Qudian's value and its price as these two are different measures arrived at by different means. Investors typically determine if Qudian is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Qudian'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.
Qudian '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 Qudian'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 Qudian.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Qudian on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Qudian Inc or generate 0.0% return on investment in Qudian over 30 days. Qudian is related to or competes with X Financial, FinVolution, Senmiao Technology, Lexinfintech Holdings, 360 Finance, Lufax Holding, and Atlanticus Holdings. Qudian Inc. operates as a consumer-oriented technology company in the Peoples Republic of China More
Qudian 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 Qudian'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 Qudian Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.08 | |||
| Information Ratio | 0.1205 | |||
| Maximum Drawdown | 15.86 | |||
| Value At Risk | (4.21) | |||
| Potential Upside | 6.54 |
Qudian Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Qudian's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Qudian's standard deviation. In reality, there are many statistical measures that can use Qudian historical prices to predict the future Qudian's volatility.| Risk Adjusted Performance | 0.1249 | |||
| Jensen Alpha | 0.6086 | |||
| Total Risk Alpha | 0.0667 | |||
| Sortino Ratio | 0.1286 | |||
| Treynor Ratio | (0.44) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Qudian's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Qudian Inc Backtested Returns
Qudian appears to be risky, given 3 months investment horizon. Qudian Inc maintains Sharpe Ratio (i.e., Efficiency) of 0.15, which implies the firm had a 0.15% return per unit of risk over the last 3 months. By analyzing Qudian's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please evaluate Qudian's Coefficient Of Variation of 650.5, risk adjusted performance of 0.1249, and Semi Deviation of 2.63 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Qudian holds a performance score of 11. The company holds a Beta of -1.13, which implies a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Qudian are expected to decrease slowly. On the other hand, during market turmoil, Qudian is expected to outperform it slightly. Please check Qudian's jensen alpha, semi variance, day typical price, as well as the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Qudian's historical price patterns will revert.
Auto-correlation | 0.44 |
Average predictability
Qudian Inc has average predictability. Overlapping area represents the amount of predictability between Qudian time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Qudian Inc price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Qudian price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Qudian Inc lagged returns against current returns
Autocorrelation, which is Qudian 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 Qudian's stock expected returns. We can calculate the autocorrelation of Qudian returns to help us make a trade decision. For example, suppose you find that Qudian 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 |
Qudian 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 Qudian stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Qudian stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Qudian stock over time.
Current vs Lagged Prices |
| Timeline |
Qudian Lagged Returns
When evaluating Qudian's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Qudian stock have on its future price. Qudian 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, Qudian autocorrelation shows the relationship between Qudian stock current value and its past values and can show if there is a momentum factor associated with investing in Qudian Inc.
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.Check out Qudian Correlation, Qudian Volatility and Qudian Alpha and Beta module to complement your research on Qudian. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Qudian 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.