111 Inc Stock Momentum Indicators Momentum
YI Stock | USD 0.92 0.30 48.39% |
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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Momentum indicator shows the difference between current closing price of 111 Inc and 111 close price N days ago.
111 Technical Analysis Modules
Most technical analysis of 111 help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for 111 from various momentum indicators to cycle indicators. When you analyze 111 charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.Cycle Indicators | ||
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About 111 Predictive Technical Analysis
Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of 111 Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of 111 Inc based on widely used predictive technical indicators. In general, we focus on analyzing 111 Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build 111's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of 111's intrinsic value. In addition to deriving basic predictive indicators for 111, we also check how macroeconomic factors affect 111 price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 8.76 | 7.18 | 9.13 | 6.38 | Days Of Inventory On Hand | 34.66 | 43.16 | 35.73 | 50.07 |
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As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.Did you try this?
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111 Inc pair trading
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 111 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 111 will appreciate offsetting losses from the drop in the long position's value.111 Pair Trading
111 Inc Pair Trading Analysis
The ability to find closely correlated positions to 111 could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 111 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 111 - 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 111 Inc to buy it.
The correlation of 111 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 111 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 111 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 111 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in 111 Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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.