Qtone Education (China) Price on February 26, 2024
300359 Stock | 5.00 0.15 2.91% |
If you're considering investing in Qtone Stock, it is important to understand the factors that can impact its price. As of today, the current price of Qtone Education stands at 5.00, as last reported on the 22nd of January, with the highest price reaching 5.21 and the lowest price hitting 4.96 during the day. Qtone Education Group maintains Sharpe Ratio (i.e., Efficiency) of -0.0644, which implies the firm had a -0.0644 % return per unit of risk over the last 3 months. Qtone Education Group exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Qtone Education's Risk Adjusted Performance of (0.03), coefficient of variation of (2,113), and Variance of 14.0 to confirm the risk estimate we provide.
Qtone Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Qtone |
Sharpe Ratio = -0.0644
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Negative Returns | 300359 |
Estimated Market Risk
3.75 actual daily | 33 67% of assets are more volatile |
Expected Return
-0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Qtone Education 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 Qtone Education by adding Qtone Education to a well-diversified portfolio.
Qtone Education Valuation on February 26, 2024
It is possible to determine the worth of Qtone Education on a given historical date. On February 26, 2024 Qtone was worth 4.8 at the beginning of the trading date compared to the closed value of 5.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Qtone Education stock. Still, in general, we apply an absolute valuation method to find Qtone Education'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 Qtone Education where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Qtone Education's related companies.
Open | High | Low | Close | Volume | |
4.80 | 4.90 | 4.73 | 4.87 | 34,947,152 | |
02/26/2024 | 4.80 | 5.26 | 4.74 | 5.00 | 49,368,273 |
4.96 | 5.23 | 4.90 | 5.12 | 38,119,898 |
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Qtone Education Trading Date Momentum on February 26, 2024
On February 27 2024 Qtone Education Group was traded for 5.12 at the closing time. The highest price during the trading period was 5.23 and the lowest recorded bid was listed for 4.90 . The volume for the day was 38.1 M. This history from February 27, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 2.40% . The trading delta at closing time to the current price is 1.20% . |
Qtone Education Group Fundamentals Correlations and Trends
By evaluating Qtone Education'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 Qtone Education's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Qtone financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Qtone Education Stock history
Qtone Education 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 Qtone is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Qtone Education Group 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 Qtone Education stock prices may prove useful in developing a viable investing in Qtone Education
Qtone Education Stock Technical Analysis
Qtone Education 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
Qtone Education Period Price Range
Low | January 22, 2025
| High |
0.00 | 0.00 |
Qtone Education Group 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.
Qtone Education January 22, 2025 Market Strength
Market strength indicators help investors to evaluate how Qtone Education stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Qtone Education shares will generate the highest return on investment. By undertsting and applying Qtone Education stock market strength indicators, traders can identify Qtone Education Group entry and exit signals to maximize returns
Qtone Education Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Qtone Education's price direction in advance. Along with the technical and fundamental analysis of Qtone Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Qtone 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 | (0.03) | |||
Jensen Alpha | (0.20) | |||
Total Risk Alpha | (0.30) | |||
Treynor Ratio | (0.45) |
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Complementary Tools for Qtone Stock analysis
When running Qtone Education's price analysis, check to measure Qtone Education'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 Qtone Education is operating at the current time. Most of Qtone Education's value examination focuses on studying past and present price action to predict the probability of Qtone Education's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Qtone Education's price. Additionally, you may evaluate how the addition of Qtone Education to your portfolios can decrease your overall portfolio volatility.
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