Qilian International Holding Price on April 17, 2024
| QLIDelisted Stock | USD 8.08 0.12 1.46% |
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 8.08, as last reported on the 2nd of December, with the highest price reaching 8.31 and the lowest price hitting 8.08 during the day. Qilian International is unstable at the moment. Qilian International maintains Sharpe Ratio (i.e., Efficiency) of 0.0026, which implies the firm had a 0.0026% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Qilian International, which you can use to evaluate the volatility of the company. Please check Qilian International's Semi Deviation of 6.62, risk adjusted performance of 0.1406, and Coefficient Of Variation of 582.01 to confirm if the risk estimate we provide is consistent with the expected return of 0.0174%.
Qilian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Qilian |
Sharpe Ratio = 0.0026
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| Negative Returns | QLI |
Estimated Market Risk
| 6.76 actual daily | 60 60% of assets are less volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Qilian International 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 Qilian International by adding Qilian International to a well-diversified portfolio.
Qilian International Valuation on April 17, 2024
It is possible to determine the worth of Qilian International on a given historical date. On April 17, 2024 Qilian was worth 3.24 at the beginning of the trading date compared to the closed value of 4.46. 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 | |
| 3.24 | 3.59 | 3.15 | 3.50 | 12,894 | |
04/17/2024 | 3.24 | 4.50 | 3.23 | 4.46 | 21,955 |
| 4.82 | 4.82 | 3.31 | 3.85 | 5,916 |
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Qilian International Trading Date Momentum on April 17, 2024
| On April 18 2024 Qilian International Holding was traded for 3.85 at the closing time. Highest Qilian International's price during the trading hours was 4.82 and the lowest price during the day was 3.31 . The net volume was 5.9 K. The overall trading history on the 18th of April 2024 contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 13.68% . The trading delta at closing time to current price is 21.08% . |
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
Qilian International Holding Group Limited engages in the research, development, and production of active pharmaceutical ingredients , traditional Chinese medicine derivatives , and other by-products in China. The company was incorporated in 2019 and is based in Jiuquan, the Peoples Republic of China. Qilian International is traded on NASDAQ Exchange in the United States.
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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Qilian International Period Price Range
Low | December 2, 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 2, 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 | 0.1406 | |||
| Jensen Alpha | 1.58 | |||
| Total Risk Alpha | 0.0385 | |||
| Sortino Ratio | 0.1965 | |||
| Treynor Ratio | 1.8 |
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| Math Transform | ||
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| Overlap Studies | ||
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| Volatility Indicators | ||
| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Other Consideration for investing in Qilian Stock
If you are still planning to invest in Qilian International check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Qilian International's history and understand the potential risks before investing.
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