17 Education Technology Stock Market Value
| YQ Stock | USD 2.69 0.14 5.49% |
| Symbol | 17 Education |
17 Education Technology Price To Book Ratio
Is Interactive Media & Services 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 17 Education. If investors know 17 Education 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 17 Education listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.78) | Revenue Per Share 18.638 | Quarterly Revenue Growth 0.197 | Return On Assets (0.26) | Return On Equity (0.50) |
The market value of 17 Education Technology is measured differently than its book value, which is the value of 17 Education that is recorded on the company's balance sheet. Investors also form their own opinion of 17 Education's value that differs from its market value or its book value, called intrinsic value, which is 17 Education'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 17 Education's market value can be influenced by many factors that don't directly affect 17 Education'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 17 Education's value and its price as these two are different measures arrived at by different means. Investors typically determine if 17 Education is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 17 Education'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.
17 Education '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 17 Education'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 17 Education.
| 05/07/2024 |
| 06/06/2024 |
If you would invest 0.00 in 17 Education on May 7, 2024 and sell it all today you would earn a total of 0.00 from holding 17 Education Technology or generate 0.0% return on investment in 17 Education over 30 days. 17 Education is related to or competes with Sunlands Technology, Ihuman, Gaotu Techedu, New Oriental, Chegg, Elite Education, and Vitru. 17 Education Technology Group Inc., an education technology company, provides education and education technology service... More
17 Education 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 17 Education'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 17 Education Technology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.6 | |||
| Information Ratio | 0.0109 | |||
| Maximum Drawdown | 33.81 | |||
| Value At Risk | (10.00) | |||
| Potential Upside | 10.73 |
17 Education Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 17 Education's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 17 Education's standard deviation. In reality, there are many statistical measures that can use 17 Education historical prices to predict the future 17 Education's volatility.| Risk Adjusted Performance | 0.0186 | |||
| Jensen Alpha | 0.0424 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0117 | |||
| Treynor Ratio | 0.0351 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of 17 Education's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
17 Education Technology Backtested Returns
17 Education Technology retains Efficiency (Sharpe Ratio) of -0.0114, which signifies that the company had a -0.0114% return per unit of price deviation over the last 3 months. 17 Education exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 17 Education's Coefficient Of Variation of 6510.5, standard deviation of 6.02, and Market Risk Adjusted Performance of 0.0451 to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 2.35, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, 17 Education will likely underperform. At this point, 17 Education Technology has a negative expected return of -0.0697%. Please make sure to confirm 17 Education's treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to decide if 17 Education Technology performance from the past will be repeated sooner or later.
Auto-correlation | -0.14 |
Insignificant reverse predictability
17 Education Technology has insignificant reverse predictability. Overlapping area represents the amount of predictability between 17 Education time series from 7th of May 2024 to 22nd of May 2024 and 22nd of May 2024 to 6th of June 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 17 Education Technology price movement. The serial correlation of -0.14 indicates that less than 14.0% of current 17 Education price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
17 Education Technology lagged returns against current returns
Autocorrelation, which is 17 Education 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 17 Education's stock expected returns. We can calculate the autocorrelation of 17 Education returns to help us make a trade decision. For example, suppose you find that 17 Education 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 |
17 Education 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 17 Education stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 17 Education stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 17 Education stock over time.
Current vs Lagged Prices |
| Timeline |
17 Education Lagged Returns
When evaluating 17 Education's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 17 Education stock have on its future price. 17 Education 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, 17 Education autocorrelation shows the relationship between 17 Education stock current value and its past values and can show if there is a momentum factor associated with investing in 17 Education Technology.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectAdditional Tools for 17 Education Stock Analysis
When running 17 Education's price analysis, check to measure 17 Education'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 17 Education is operating at the current time. Most of 17 Education's value examination focuses on studying past and present price action to predict the probability of 17 Education's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 17 Education's price. Additionally, you may evaluate how the addition of 17 Education to your portfolios can decrease your overall portfolio volatility.