360 Finance Stock Market Capitalization
| QFIN Stock | USD 44.45 0.44 0.98% |
360 Finance fundamentals help investors to digest information that contributes to 360 Finance's financial success or failures. It also enables traders to predict the movement of 360 Stock. The fundamental analysis module provides a way to measure 360 Finance's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to 360 Finance stock.
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360 Finance Company Market Capitalization Analysis
360 Finance's Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Current 360 Finance Market Capitalization | 7.02 B |
Most of 360 Finance's fundamental indicators, such as Market Capitalization, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, 360 Finance is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
| Competition |
Based on the recorded statements, the market capitalization of 360 Finance is about 7.02 B. This is 66.99% lower than that of the Consumer Finance sector and 77.08% lower than that of the Financials industry. The market capitalization for all United States stocks is 63.11% higher than that of the company.
360 Market Capitalization Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses 360 Finance's direct or indirect competition against its Market Capitalization to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of 360 Finance could also be used in its relative valuation, which is a method of valuing 360 Finance by comparing valuation metrics of similar companies.360 Finance is currently under evaluation in market capitalization category among its peers.
360 Fundamentals
| Return On Equity | 0.27 | ||||
| Return On Asset | 0.11 | ||||
| Profit Margin | 0.36 % | ||||
| Operating Margin | 0.49 % | ||||
| Current Valuation | 6.67 B | ||||
| Shares Outstanding | 155.25 M | ||||
| Shares Owned By Insiders | 1.02 % | ||||
| Shares Owned By Institutions | 70.39 % | ||||
| Number Of Shares Shorted | 3.87 M | ||||
| Price To Earning | 3.61 X | ||||
| Price To Book | 2.08 X | ||||
| Price To Sales | 0.41 X | ||||
| Revenue | 17.17 B | ||||
| Gross Profit | 10.6 B | ||||
| EBITDA | 8.08 B | ||||
| Net Income | 6.26 B | ||||
| Cash And Equivalents | 7.25 B | ||||
| Cash Per Share | 46.40 X | ||||
| Total Debt | 1.63 B | ||||
| Debt To Equity | 0.04 % | ||||
| Current Ratio | 1.86 X | ||||
| Book Value Per Share | 169.24 X | ||||
| Cash Flow From Operations | 9.34 B | ||||
| Short Ratio | 2.63 X | ||||
| Earnings Per Share | 5.71 X | ||||
| Target Price | 52.58 | ||||
| Beta | 0.64 | ||||
| Market Capitalization | 7.02 B | ||||
| Total Asset | 48.13 B | ||||
| Retained Earnings | 16.3 B | ||||
| Annual Yield | 0.03 % | ||||
| Net Asset | 48.13 B | ||||
| Last Dividend Paid | 9.49 |
About 360 Finance Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze 360 Finance's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 360 Finance using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 360 Finance based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with 360 Finance
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if 360 Finance position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in 360 Finance will appreciate offsetting losses from the drop in the long position's value.Moving against 360 Stock
| 0.45 | PYPL | PayPal Holdings Aggressive Push | PairCorr |
| 0.38 | SYF | Synchrony Financial | PairCorr |
| 0.34 | BX | Blackstone Group | PairCorr |
| 0.32 | CODI | Compass Diversified | PairCorr |
| 0.31 | AXP | American Express | PairCorr |
The ability to find closely correlated positions to 360 Finance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 360 Finance when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back 360 Finance - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling 360 Finance to buy it.
The correlation of 360 Finance is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as 360 Finance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 360 Finance moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for 360 Finance can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out 360 Finance Piotroski F Score and 360 Finance Altman Z Score analysis. To learn how to invest in 360 Stock, please use our How to Invest in 360 Finance guide.You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Consumer Finance 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 360 Finance. If investors know 360 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 360 Finance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of 360 Finance is measured differently than its book value, which is the value of 360 that is recorded on the company's balance sheet. Investors also form their own opinion of 360 Finance's value that differs from its market value or its book value, called intrinsic value, which is 360 Finance'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 360 Finance's market value can be influenced by many factors that don't directly affect 360 Finance'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 360 Finance's value and its price as these two are different measures arrived at by different means. Investors typically determine if 360 Finance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 360 Finance'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.