Qilu Bank (China) Price on May 30, 2024
| 601665 Stock | 5.14 0.02 0.39% |
If you're considering investing in Qilu Stock, it is important to understand the factors that can impact its price. As of today, the current price of Qilu Bank stands at 5.14, as last reported on the 1st of December, with the highest price reaching 5.21 and the lowest price hitting 5.13 during the day. Qilu Bank appears to be slightly risky, given 3 months investment horizon. Qilu Bank maintains Sharpe Ratio (i.e., Efficiency) of 0.085, which implies the firm had a 0.085% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Qilu Bank, which you can use to evaluate the volatility of the company. Please evaluate Qilu Bank's Risk Adjusted Performance of 0.0658, coefficient of variation of 1294.82, and Semi Deviation of 1.91 to confirm if our risk estimates are consistent with your expectations.
At present, Qilu Bank's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 611 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 3.4 B. . Qilu Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Qilu |
Sharpe Ratio = 0.085
| Best Portfolio | Best Equity | |||
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| Small Returns | 601665 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.42 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Qilu Bank is performing at about 6% 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 Qilu Bank by adding it to a well-diversified portfolio.
Price Book 0.5504 | Price Sales 3.0391 | Shares Float 2.3 B | Dividend Share 0.22 | Wall Street Target Price 5.64 |
Qilu Bank Valuation on May 30, 2024
It is possible to determine the worth of Qilu Bank on a given historical date. On May 30, 2024 Qilu was worth 4.85 at the beginning of the trading date compared to the closed value of 4.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Qilu Bank stock. Still, in general, we apply an absolute valuation method to find Qilu Bank'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 Qilu Bank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Qilu Bank's related companies.
| Open | High | Low | Close | Volume | |
| 4.93 | 4.95 | 4.82 | 4.85 | 24,235,815 | |
05/30/2024 | 4.85 | 4.87 | 4.78 | 4.80 | 19,463,056 |
| 4.78 | 4.82 | 4.77 | 4.79 | 14,370,500 |
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Qilu Bank Trading Date Momentum on May 30, 2024
| On May 31 2024 Qilu Bank Co was traded for 4.79 at the closing time. The highest price during the trading period was 4.82 and the lowest recorded bid was listed for 4.77 . The volume for the day was 14.4 M. This history from May 31, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.21% . The trading delta at closing time to the current price is 1.46% . |
Qilu Bank Fundamentals Correlations and Trends
By evaluating Qilu Bank'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 Qilu Bank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Qilu financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Qilu Bank Stock history
Qilu Bank 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 Qilu is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Qilu Bank 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 Qilu Bank stock prices may prove useful in developing a viable investing in Qilu Bank
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 4.7 B | 3.4 B |
Qilu Bank Stock Technical Analysis
Qilu Bank 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
Qilu Bank Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Qilu Bank Co 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.
Qilu Bank December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Qilu Bank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Qilu Bank shares will generate the highest return on investment. By undertsting and applying Qilu Bank stock market strength indicators, traders can identify Qilu Bank Co entry and exit signals to maximize returns
Qilu Bank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Qilu Bank's price direction in advance. Along with the technical and fundamental analysis of Qilu Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Qilu 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 | 0.0658 | |||
| Jensen Alpha | 0.1941 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.021 | |||
| Treynor Ratio | (1.01) |
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| Math Transform | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Qilu Stock analysis
When running Qilu Bank's price analysis, check to measure Qilu Bank'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 Qilu Bank is operating at the current time. Most of Qilu Bank's value examination focuses on studying past and present price action to predict the probability of Qilu Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Qilu Bank's price. Additionally, you may evaluate how the addition of Qilu Bank to your portfolios can decrease your overall portfolio volatility.
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