9f Inc Stock Market Value
| JFU Stock | USD 2.56 0.30 10.49% |
| Symbol | 9F |
9F Inc Price To Book Ratio
Is 9F's industry 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 9F. If investors know 9F 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 9F 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 (0.94) | Earnings Share (1.69) | Revenue Per Share 35.032 | Quarterly Revenue Growth (0.35) | Return On Assets (0.03) |
The market value of 9F Inc is measured differently than its book value, which is the value of 9F that is recorded on the company's balance sheet. Investors also form their own opinion of 9F's value that differs from its market value or its book value, called intrinsic value, which is 9F'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 9F's market value can be influenced by many factors that don't directly affect 9F'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 9F's value and its price as these two are different measures arrived at by different means. Investors typically determine if 9F is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 9F'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.
9F '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 9F'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 9F.
| 03/04/2024 |
| 06/02/2024 |
If you would invest 0.00 in 9F on March 4, 2024 and sell it all today you would earn a total of 0.00 from holding 9F Inc or generate 0.0% return on investment in 9F over 90 days. 9F is related to or competes with FiscalNote Holdings, ARB IOT, Soluna Holdings, and Data Storage. 9F Inc., together with its subsidiaries, operates internet securities service platform in the Peoples Republic of China More
9F 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 9F'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 9F Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 36.66 | |||
| Value At Risk | (10.49) | |||
| Potential Upside | 11.54 |
9F Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 9F's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 9F's standard deviation. In reality, there are many statistical measures that can use 9F historical prices to predict the future 9F's volatility.| Risk Adjusted Performance | 0.0069 | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | (0.03) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of 9F'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.
9F Inc Backtested Returns
9F Inc retains Efficiency (Sharpe Ratio) of -0.0409, which signifies that the company had a -0.0409% return per unit of price deviation over the last 3 months. 9F exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 9F's Variance of 45.85, market risk adjusted performance of (0.02), and Information Ratio of (0.01) to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 1.29, 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, 9F will likely underperform. 9F Inc has an expected return of -0.28%. Please make sure to confirm 9F Inc skewness, and the relationship between the total risk alpha and day median price , to decide if 9F Inc performance from the past will be repeated sooner or later.
Auto-correlation | 0.60 |
Good predictability
9F Inc has good predictability. Overlapping area represents the amount of predictability between 9F time series from 4th of March 2024 to 18th of April 2024 and 18th of April 2024 to 2nd 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 9F Inc price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current 9F price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
9F Inc lagged returns against current returns
Autocorrelation, which is 9F 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 9F's stock expected returns. We can calculate the autocorrelation of 9F returns to help us make a trade decision. For example, suppose you find that 9F 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 |
9F 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 9F stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 9F stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 9F stock over time.
Current vs Lagged Prices |
| Timeline |
9F Lagged Returns
When evaluating 9F's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 9F stock have on its future price. 9F 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, 9F autocorrelation shows the relationship between 9F stock current value and its past values and can show if there is a momentum factor associated with investing in 9F Inc.
Regressed Prices |
| Timeline |
Pair Trading with 9F
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 9F 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 9F will appreciate offsetting losses from the drop in the long position's value.Moving together with 9F Stock
| 0.66 | IT | Gartner | PairCorr |
The ability to find closely correlated positions to 9F could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 9F 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 9F - 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 9F Inc to buy it.
The correlation of 9F 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 9F moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 9F 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 9F 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 9F Correlation, 9F Volatility and 9F Alpha and Beta module to complement your research on 9F. Note that the 9F Inc information on this page should be used as a complementary analysis to other 9F's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for 9F Stock analysis
When running 9F's price analysis, check to measure 9F'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 9F is operating at the current time. Most of 9F's value examination focuses on studying past and present price action to predict the probability of 9F's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 9F's price. Additionally, you may evaluate how the addition of 9F to your portfolios can decrease your overall portfolio volatility.
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9F 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.