Qiming Information (China) Price on November 21, 2023

002232 Stock   20.28  0.41  2.06%   
If you're considering investing in Qiming Stock, it is important to understand the factors that can impact its price. As of today, the current price of Qiming Information stands at 20.28, as last reported on the 30th of December, with the highest price reaching 20.59 and the lowest price hitting 19.72 during the day. Qiming Information maintains Sharpe Ratio (i.e., Efficiency) of -0.0259, which implies the firm had a -0.0259% return per unit of risk over the last 3 months. Qiming Information exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Qiming Information's Risk Adjusted Performance of (0.01), coefficient of variation of (3,864), and Variance of 21.96 to confirm the risk estimate we provide.
  
Qiming Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0259

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Estimated Market Risk

 4.69
  actual daily
41
59% of assets are more volatile

Expected Return

 -0.12
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Qiming Information is not performing at its full potential. However, 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 Qiming Information by adding Qiming Information to a well-diversified portfolio.

Qiming Information Valuation on November 21, 2023

It is possible to determine the worth of Qiming Information on a given historical date. On November 21, 2023 Qiming was worth 21.48 at the beginning of the trading date compared to the closed value of 20.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Qiming Information stock. Still, in general, we apply an absolute valuation method to find Qiming Information's 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 Qiming Information where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Qiming Information's related companies.
 Open High Low Close Volume
  20.79    22.59    20.39    21.97    73,697,139  
11/21/2023
  21.48    21.65    20.35    20.36    56,829,226  
  20.44    21.26    19.58    19.81    42,936,548  
Backtest Qiming Information  |  Qiming Information History  |  Qiming Information Valuation   PreviousNext  
Open Value
21.48
20.36
Closing Value
35.54
Upside

Qiming Information Trading Date Momentum on November 21, 2023

On November 22 2023 Qiming Information Technology was traded for  19.81  at the closing time. The highest price during the trading period was 21.26  and the lowest recorded bid was listed for  19.58 . The volume for the day was 42.9 M. This history from November 22, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 2.70% . The trading delta at closing time to the current price is 9.23% .

Qiming Information Fundamentals Correlations and Trends

By evaluating Qiming Information's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Qiming Information's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Qiming financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Qiming Information Stock history

Qiming Information 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 Qiming is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Qiming Information 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 Qiming Information stock prices may prove useful in developing a viable investing in Qiming Information

Qiming Information Stock Technical Analysis

Qiming Information 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.
A focus of Qiming Information technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Qiming Information trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Qiming Information Period Price Range

Low
December 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Qiming Information Technology cannot be verified against its exchange. Please verify the symbol is currently traded on Shenzhen Stock 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.

Qiming Information December 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Qiming Information stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Qiming Information shares will generate the highest return on investment. By undertsting and applying Qiming Information stock market strength indicators, traders can identify Qiming Information Technology entry and exit signals to maximize returns

Qiming Information Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Qiming Information's price direction in advance. Along with the technical and fundamental analysis of Qiming Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Qiming 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.

Complementary Tools for Qiming Stock analysis

When running Qiming Information's price analysis, check to measure Qiming Information's 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 Qiming Information is operating at the current time. Most of Qiming Information's value examination focuses on studying past and present price action to predict the probability of Qiming Information's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Qiming Information's price. Additionally, you may evaluate how the addition of Qiming Information to your portfolios can decrease your overall portfolio volatility.
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