Qingling Motors' market value is the price at which a share of Qingling Motors trades on a public exchange. It measures the collective expectations of Qingling Motors Co investors about its performance. Qingling Motors is trading at 0.0616 as of the 7th of January 2025. This is a 2.22 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.0616. With this module, you can estimate the performance of a buy and hold strategy of Qingling Motors Co and determine expected loss or profit from investing in Qingling Motors over a given investment horizon. Check out Qingling Motors Correlation, Qingling Motors Volatility and Qingling Motors Alpha and Beta module to complement your research on Qingling Motors.
Please note, there is a significant difference between Qingling Motors' value and its price as these two are different measures arrived at by different means. Investors typically determine if Qingling Motors is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Qingling Motors' 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.
Qingling Motors '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 Qingling Motors' 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 Qingling Motors.
0.00
12/08/2024
No Change 0.00
0.0
In 30 days
01/07/2025
0.00
If you would invest 0.00 in Qingling Motors on December 8, 2024 and sell it all today you would earn a total of 0.00 from holding Qingling Motors Co or generate 0.0% return on investment in Qingling Motors over 30 days. Qingling Motors is related to or competes with Automatic Data, Information Services, WisdomTree Investments, HK Electric, Linedata Services, Virtus Investment, and Pure Storage. Qingling Motors Co., Ltd., together with its subsidiaries, produces and sells Isuzu trucks in the Peoples Republic of Ch... More
Qingling Motors 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 Qingling Motors' 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 Qingling Motors Co upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Qingling Motors' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Qingling Motors' standard deviation. In reality, there are many statistical measures that can use Qingling Motors historical prices to predict the future Qingling Motors' volatility.
Qingling Motors maintains Sharpe Ratio (i.e., Efficiency) of -0.0126, which implies the firm had a -0.0126% return per unit of risk over the last 3 months. Qingling Motors exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Qingling Motors' Semi Deviation of 2.77, risk adjusted performance of 0.0338, and Coefficient Of Variation of 3093.2 to confirm the risk estimate we provide. The company holds a Beta of -0.13, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Qingling Motors are expected to decrease at a much lower rate. During the bear market, Qingling Motors is likely to outperform the market. At this point, Qingling Motors has a negative expected return of -0.0283%. Please make sure to check Qingling Motors' total risk alpha, value at risk, expected short fall, as well as the relationship between the treynor ratio and downside variance , to decide if Qingling Motors performance from the past will be repeated at some point in the near future.
Auto-correlation
0.62
Good predictability
Qingling Motors Co has good predictability. Overlapping area represents the amount of predictability between Qingling Motors time series from 8th of December 2024 to 23rd of December 2024 and 23rd of December 2024 to 7th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Qingling Motors price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Qingling Motors price fluctuation can be explain by its past prices.
Correlation Coefficient
0.62
Spearman Rank Test
0.09
Residual Average
0.0
Price Variance
0.0
Qingling Motors lagged returns against current returns
Autocorrelation, which is Qingling Motors 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 Qingling Motors' stock expected returns. We can calculate the autocorrelation of Qingling Motors returns to help us make a trade decision. For example, suppose you find that Qingling Motors 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
Qingling Motors 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 Qingling Motors stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Qingling Motors stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Qingling Motors stock over time.
Current vs Lagged Prices
Timeline
Qingling Motors Lagged Returns
When evaluating Qingling Motors' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Qingling Motors stock have on its future price. Qingling Motors 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, Qingling Motors autocorrelation shows the relationship between Qingling Motors stock current value and its past values and can show if there is a momentum factor associated with investing in Qingling Motors Co.
Qingling Motors financial ratios help investors to determine whether Qingling Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Qingling with respect to the benefits of owning Qingling Motors security.