Quectel Wireless (China) Price on June 5, 2024
| 603236 Stock | 65.29 5.94 10.01% |
Below is the normalized historical share price chart for Quectel Wireless Solutions extending back to July 16, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Quectel Wireless stands at 65.29, as last reported on the 12th of December 2024, with the highest price reaching 65.29 and the lowest price hitting 63.12 during the day.
If you're considering investing in Quectel Stock, it is important to understand the factors that can impact its price. Quectel Wireless appears to be very steady, given 3 months investment horizon. Quectel Wireless Sol maintains Sharpe Ratio (i.e., Efficiency) of 0.21, which implies the firm had a 0.21% return per unit of risk over the last 3 months. By analyzing Quectel Wireless' technical indicators, you can evaluate if the expected return of 0.85% is justified by implied risk. Please evaluate Quectel Wireless' Semi Deviation of 2.82, coefficient of variation of 514.27, and Risk Adjusted Performance of 0.1486 to confirm if our risk estimates are consistent with your expectations.
As of December 12, 2024, Total Stockholder Equity is expected to decline to about 2.1 B. The current year's Other Stockholder Equity is expected to grow to about (47.2 M). Quectel Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 45.3938 | 50 Day MA 51.1802 | Beta 1.026 |
Quectel |
Sharpe Ratio = 0.2056
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 603236 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.15 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.85 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Quectel Wireless is performing at about 16% 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.
Price Book 4.0723 | Enterprise Value Ebitda 30.9541 | Price Sales 0.9967 | Shares Float 179.4 M | Wall Street Target Price 85.38 |
Quectel Wireless Valuation on June 5, 2024
It is possible to determine the worth of Quectel Wireless on a given historical date. On June 5, 2024 Quectel was worth 47.7 at the beginning of the trading date compared to the closed value of 48.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Quectel Wireless stock. Still, in general, we apply an absolute valuation method to find Quectel Wireless' 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 Quectel Wireless where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Quectel Wireless' related companies.
| Open | High | Low | Close | Volume | |
| 46.70 | 47.52 | 46.20 | 47.43 | 5,068,706 | |
06/05/2024 | 47.70 | 48.68 | 47.40 | 48.38 | 7,110,086 |
| 48.45 | 48.45 | 46.60 | 47.57 | 6,931,978 |
| Backtest Quectel Wireless | | | Quectel Wireless History | | | Quectel Wireless Valuation | Previous | Next |
Quectel Wireless Trading Date Momentum on June 5, 2024
| On June 06 2024 Quectel Wireless Solutions was traded for 47.57 at the closing time. The highest price during the trading period was 48.45 and the lowest recorded bid was listed for 46.60 . The volume for the day was 6.9 M. This history from June 6, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.67% . The trading delta at closing time to the current price is 2.25% . |
Quectel Wireless Sol Fundamentals Correlations and Trends
By evaluating Quectel Wireless' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Quectel Wireless' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Quectel financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Quectel Wireless Stock history
Quectel Wireless 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 Quectel is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Quectel Wireless Sol 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 Quectel Wireless stock prices may prove useful in developing a viable investing in Quectel Wireless
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 264.6 M | 170.6 M | |
| Net Income Applicable To Common Shares | 716.2 M | 752.1 M |
Quectel Wireless Quarterly Net Working Capital |
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Quectel Wireless Stock Technical Analysis
Quectel Wireless 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.
Price Boundaries
Quectel Wireless Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Quectel Wireless Solutions cannot be verified against its exchange. Please verify the symbol is currently traded on Shanghai 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.
Quectel Wireless December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Quectel Wireless stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Quectel Wireless shares will generate the highest return on investment. By undertsting and applying Quectel Wireless stock market strength indicators, traders can identify Quectel Wireless Solutions entry and exit signals to maximize returns
Quectel Wireless Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Quectel Wireless' price direction in advance. Along with the technical and fundamental analysis of Quectel Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Quectel 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.
| Risk Adjusted Performance | 0.1486 | |||
| Jensen Alpha | 0.7971 | |||
| Total Risk Alpha | 0.1302 | |||
| Sortino Ratio | 0.1889 | |||
| Treynor Ratio | (1.75) |
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| Volume Indicators |
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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