111 Inc Stock Market Value
| YI Stock | USD 0.92 0.30 48.39% |
| Symbol | 111 |
111 Inc Price To Book Ratio
Is Consumer Staples Distribution & Retail 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 111. If investors know 111 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 111 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.44) | Revenue Per Share 172.839 | Quarterly Revenue Growth (0.01) | Return On Assets (0.06) | Return On Equity (0.66) |
The market value of 111 Inc is measured differently than its book value, which is the value of 111 that is recorded on the company's balance sheet. Investors also form their own opinion of 111's value that differs from its market value or its book value, called intrinsic value, which is 111'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 111's market value can be influenced by many factors that don't directly affect 111'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 111's value and its price as these two are different measures arrived at by different means. Investors typically determine if 111 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 111'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.
111 '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 111'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 111.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in 111 on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding 111 Inc or generate 0.0% return on investment in 111 over 30 days. 111 is related to or competes with Walgreens Boots, PetMed Express, China Jo, Leafly Holdings, and High Tide. 111, Inc. operates an integrated online and offline platform in the healthcare market in the Peoples Republic of China More
111 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 111'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 111 Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.62 | |||
| Information Ratio | 0.0254 | |||
| Maximum Drawdown | 29.86 | |||
| Value At Risk | (9.52) | |||
| Potential Upside | 16.07 |
111 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 111's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 111's standard deviation. In reality, there are many statistical measures that can use 111 historical prices to predict the future 111's volatility.| Risk Adjusted Performance | 0.0396 | |||
| Jensen Alpha | 0.3302 | |||
| Total Risk Alpha | (0.98) | |||
| Sortino Ratio | 0.0397 | |||
| Treynor Ratio | 4.56 |
111 Inc Backtested Returns
111 appears to be extremely dangerous, given 3 months investment horizon. 111 Inc retains Efficiency (Sharpe Ratio) of 0.0897, which signifies that the company had a 0.0897% return per unit of price deviation over the last 3 months. By evaluating 111's technical indicators, you can evaluate if the expected return of 0.79% is justified by implied risk. Please makes use of 111's Market Risk Adjusted Performance of 4.57, standard deviation of 8.78, and Coefficient Of Variation of 2517.55 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, 111 holds a performance score of 7. The firm owns a Beta (Systematic Risk) of 0.0743, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 111's returns are expected to increase less than the market. However, during the bear market, the loss of holding 111 is expected to be smaller as well. Please check 111's jensen alpha and the relationship between the potential upside and price action indicator , to make a quick decision on whether 111's current price history will revert.
Auto-correlation | -0.42 |
Modest reverse predictability
111 Inc has modest reverse predictability. Overlapping area represents the amount of predictability between 111 time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 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 111 Inc price movement. The serial correlation of -0.42 indicates that just about 42.0% of current 111 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.42 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
111 Inc lagged returns against current returns
Autocorrelation, which is 111 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 111's stock expected returns. We can calculate the autocorrelation of 111 returns to help us make a trade decision. For example, suppose you find that 111 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 |
111 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 111 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 111 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 111 stock over time.
Current vs Lagged Prices |
| Timeline |
111 Lagged Returns
When evaluating 111's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 111 stock have on its future price. 111 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, 111 autocorrelation shows the relationship between 111 stock current value and its past values and can show if there is a momentum factor associated with investing in 111 Inc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Check out 111 Correlation, 111 Volatility and 111 Alpha and Beta module to complement your research on 111. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
111 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.