Qilian International Holding Stock Price on October 2, 2024
| BGM Stock | 8.82 1.62 22.50% |
If you're considering investing in Qilian Stock, it is important to understand the factors that can impact its price. As of today, the current price of Qilian International stands at 8.82, as last reported on the 1st of December, with the highest price reaching 10.60 and the lowest price hitting 7.92 during the day. Qilian International appears to be moderately volatile, given 3 months investment horizon. Qilian International maintains Sharpe Ratio (i.e., Efficiency) of 0.0423, which implies the firm had a 0.0423% return per unit of risk over the last 3 months. We have found thirty technical indicators for Qilian International, which you can use to evaluate the volatility of the company. Please evaluate Qilian International's Semi Deviation of 3.57, risk adjusted performance of 0.1126, and Coefficient Of Variation of 735.17 to confirm if our risk estimates are consistent with your expectations.
As of the 1st of December 2024, Total Stockholder Equity is likely to drop to about 48.6 M. In addition to that, Common Stock Shares Outstanding is likely to drop to about 39.1 M. Qilian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Qilian |
Sharpe Ratio = 0.0423
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Estimated Market Risk
| 4.81 actual daily | 42 58% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Qilian International is performing at about 3% 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 Qilian International by adding it to a well-diversified portfolio.
Price Book 1.0782 | Enterprise Value Ebitda (2.48) | Price Sales 1.5677 | Shares Float 1.6 M | Earnings Share (1.10) |
Qilian International Valuation on October 2, 2024
It is possible to determine the worth of Qilian International on a given historical date. On October 2, 2024 Qilian was worth 7.86 at the beginning of the trading date compared to the closed value of 7.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Qilian International stock. Still, in general, we apply an absolute valuation method to find Qilian International'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 Qilian International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Qilian International's related companies.
| Open | High | Low | Close | Volume | |
| 8.48 | 8.48 | 7.62 | 7.86 | 11,708 | |
10/02/2024 | 7.86 | 7.86 | 7.86 | 7.86 | 140.00 |
| 7.40 | 7.90 | 7.40 | 7.80 | 34,529 |
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Qilian International Trading Date Momentum on October 2, 2024
| On October 03 2024 Qilian International Holding was traded for 7.80 at the closing time. Highest Qilian International's price during the trading hours was 7.90 and the lowest price during the day was 7.40 . The net volume was 34.5 K. The overall trading history on the 3rd of October contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.76% . The trading delta at closing time to current price is 6.74% . |
Qilian International Fundamentals Correlations and Trends
By evaluating Qilian International'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 Qilian International's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Qilian financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Qilian International Stock history
Qilian International 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 Qilian is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Qilian International 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 Qilian International stock prices may prove useful in developing a viable investing in Qilian International
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 41.1 M | 39.1 M |
Qilian International Stock Technical Analysis
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.
Price Boundaries
Qilian International Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Qilian International Holding cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Qilian International December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Qilian International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Qilian International shares will generate the highest return on investment. By undertsting and applying Qilian International stock market strength indicators, traders can identify Qilian International Holding entry and exit signals to maximize returns
Qilian International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Qilian International's price direction in advance. Along with the technical and fundamental analysis of Qilian Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Qilian 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 | 0.1126 | |||
| Jensen Alpha | 0.7828 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.1452 | |||
| Treynor Ratio | (2.11) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Qilian International Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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.