Iqiyi Inc Stock Market Value
| IQ Stock | USD 2.18 0.02 0.93% |
| Symbol | IQIYI |
iQIYI Inc Price To Book Ratio
Is Movies & Entertainment 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 IQIYI. If investors know IQIYI 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 IQIYI listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.80) | Earnings Share 0.24 | Revenue Per Share 32.394 | Quarterly Revenue Growth (0.05) | Return On Assets 0.0422 |
The market value of iQIYI Inc is measured differently than its book value, which is the value of IQIYI that is recorded on the company's balance sheet. Investors also form their own opinion of IQIYI's value that differs from its market value or its book value, called intrinsic value, which is IQIYI'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 IQIYI's market value can be influenced by many factors that don't directly affect IQIYI'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 IQIYI's value and its price as these two are different measures arrived at by different means. Investors typically determine if IQIYI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IQIYI'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.
IQIYI 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to IQIYI's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of IQIYI.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in IQIYI on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding iQIYI Inc or generate 0.0% return on investment in IQIYI over 720 days. IQIYI is related to or competes with AMC Networks, Imax Corp, Marcus, Sinclair Broadcast, Netflix, Disney, and Paramount Global. iQIYI, Inc., together with its subsidiaries, provides online entertainment services under the iQIYI brand in the Peoples... More
IQIYI Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure IQIYI's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess iQIYI Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.84 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 22.86 | |||
| Value At Risk | (5.75) | |||
| Potential Upside | 8.04 |
IQIYI Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IQIYI's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IQIYI's standard deviation. In reality, there are many statistical measures that can use IQIYI historical prices to predict the future IQIYI's volatility.| Risk Adjusted Performance | 0.0246 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.70) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0846 |
iQIYI Inc Backtested Returns
Currently, iQIYI Inc is risky. iQIYI Inc holds Efficiency (Sharpe) Ratio of 0.0366, which attests that the entity had a 0.0366% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for iQIYI Inc, which you can use to evaluate the volatility of the firm. Please check out IQIYI's risk adjusted performance of 0.0246, and Downside Deviation of 3.84 to validate if the risk estimate we provide is consistent with the expected return of 0.17%. IQIYI has a performance score of 2 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 1.07, which attests to a somewhat significant risk relative to the market. IQIYI returns are very sensitive to returns on the market. As the market goes up or down, IQIYI is expected to follow. iQIYI Inc currently retains a risk of 4.76%. Please check out IQIYI downside variance, and the relationship between the sortino ratio and accumulation distribution , to decide if IQIYI will be following its current trending patterns.
Auto-correlation | 0.26 |
Poor predictability
iQIYI Inc has poor predictability. Overlapping area represents the amount of predictability between IQIYI time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of iQIYI Inc price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current IQIYI price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.88 |
iQIYI Inc lagged returns against current returns
Autocorrelation, which is IQIYI stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting IQIYI's stock expected returns. We can calculate the autocorrelation of IQIYI returns to help us make a trade decision. For example, suppose you find that IQIYI has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
IQIYI regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If IQIYI stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IQIYI stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IQIYI stock over time.
Current vs Lagged Prices |
| Timeline |
IQIYI Lagged Returns
When evaluating IQIYI's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IQIYI stock have on its future price. IQIYI autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, IQIYI autocorrelation shows the relationship between IQIYI stock current value and its past values and can show if there is a momentum factor associated with investing in iQIYI Inc.
Regressed Prices |
| Timeline |
Pair Trading with IQIYI
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 IQIYI 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 IQIYI will appreciate offsetting losses from the drop in the long position's value.Moving together with IQIYI Stock
Moving against IQIYI Stock
| 0.64 | AMC | AMC Entertainment Aggressive Push | PairCorr |
The ability to find closely correlated positions to IQIYI could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IQIYI 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 IQIYI - 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 iQIYI Inc to buy it.
The correlation of IQIYI 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 IQIYI moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iQIYI Inc 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 IQIYI 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.Additional Tools for IQIYI Stock Analysis
When running IQIYI's price analysis, check to measure IQIYI'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 IQIYI is operating at the current time. Most of IQIYI's value examination focuses on studying past and present price action to predict the probability of IQIYI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IQIYI's price. Additionally, you may evaluate how the addition of IQIYI to your portfolios can decrease your overall portfolio volatility.