51Job Stock Market Value

JOBS -  USA Stock  

USD 71.78  0.95  1.34%

51Job Inc's market value is the price at which a share of 51Job Inc stock trades on a public exchange. It measures the collective expectations of 51Job Inc ADR investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of 51Job Inc ADR and determine expected loss or profit from investing in 51Job Inc over a given investment horizon. Please see 51Job Inc Hype Analysis, 51Job Inc Correlation, 51Job Inc Valuation, 51Job Inc Volatility, as well as analyze 51Job Inc Alpha and Beta and 51Job Inc Performance.
Symbol
Backtest


The market value of 51Job Inc ADR is measured differently than its book value, which is the value of 51Job that is recorded on the company's balance sheet. Investors also form their own opinion of 51Job Inc's value that differs from its market value or its book value, called intrinsic value, which is 51Job Inc'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 51Job Inc's market value can be influenced by many factors that don't directly affect 51Job Inc ADR underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between 51Job Inc's value and its price as these two are different measures arrived at by different means. Investors typically determine 51Job Inc value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 51Job Inc'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.

51Job Inc '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 51Job Inc'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 51Job Inc.
0.00
10/04/2019
No Change 0.00  0.0 
In 1 year 11 months and 22 days
09/23/2021
0.00
If you would invest  0.00  in 51Job Inc on October 4, 2019 and sell it all today you would earn a total of 0.00 from holding 51Job Inc ADR or generate 0.0% return on investment in 51Job Inc over 720 days. 51Job Inc is related to or competes with Kanzhun. 51job, Inc., through its subsidiaries, provides integrated human resource services in the Peoples Republic of China

51Job Inc 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 51Job Inc'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 51Job Inc ADR upside and downside potential and time the market with a certain degree of confidence.

51Job Inc Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for 51Job Inc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 51Job Inc's standard deviation. In reality, there are many statistical measures that can use 51Job Inc historical prices to predict the future 51Job Inc's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of 51Job Inc'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. Please use the tools below to analyze the current value of 51Job Inc in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
70.3871.6572.92
Details
Intrinsic
Valuation
LowReal ValueHigh
65.9867.2578.96
Details
1 Analysts
Consensus
LowTarget PriceHigh
62.0062.0062.00
Details
Earnings
Estimates (1)
LowProjected EPSHigh
3.153.153.15
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as 51Job Inc. Your research has to be compared to or analyzed against 51Job Inc's peers to derive any actionable benefits. When done correctly, 51Job Inc's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in 51Job Inc ADR.

51Job Inc ADR Backtested Returns

51Job Inc ADR secures Sharpe Ratio (or Efficiency) of -0.0978, which signifies that the company had -0.0978% of return per unit of price deviation over the last 3 months. Macroaxis outlook to foreseeing the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. 51Job Inc ADR exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm 51Job Inc ADR Standard Deviation of 1.27, mean deviation of 0.8953, and Coefficient Of Variation of (1,469) to double-check the risk estimate we provide.
The firm shows a Beta (market volatility) of 0.1476, which signifies not very significant fluctuations relative to the market. Let's try to break down what 51Job's beta means in this case. As returns on the market increase, 51Job Inc returns are expected to increase less than the market. However, during the bear market, the loss on holding 51Job Inc will be expected to be smaller as well. Even though it is essential to pay attention to 51Job Inc ADR historical returns, it is always good to be careful when utilizing equity current trending patterns. Our way in which we are foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. 51Job Inc ADR exposes twenty-eight different technical indicators, which can help you to evaluate its performance. 51Job Inc ADR has an expected return of -0.12%. Please be advised to confirm 51Job Inc ADR downside variance, and the relationship between the sortino ratio and accumulation distribution to decide if 51Job Inc ADR performance from the past will be repeated sooner or later.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
   0.20   

Weak predictability

51Job Inc ADR has weak predictability. Overlapping area represents the amount of predictability between 51Job Inc time series from 4th of October 2019 to 28th of September 2020 and 28th of September 2020 to 23rd of September 2021. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of 51Job Inc ADR price movement. The serial correlation of 0.2 indicates that over 20.0% of current 51Job Inc price fluctuation can be explain by its past prices.
Correlation Coefficient0.2
Spearman Rank Test-0.13
Residual Average0.0
Price Variance21.32

51Job Inc ADR lagged returns against current returns

Autocorrelation, which is 51Job Inc 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 51Job Inc's stock expected returns. We can calculate the autocorrelation of 51Job Inc returns to help us make a trade decision. For example, suppose you find that 51Job Inc stock 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 stock movement to match the lagging time series.
 Current and Lagged Values 
Share
      Timeline 

51Job Inc 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 51Job Inc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 51Job Inc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 51Job Inc stock over time.
 Current vs Lagged Prices 
Share
      Timeline 

51Job Inc Lagged Returns

When evaluating 51Job Inc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 51Job Inc stock have on its future price. 51Job Inc 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, 51Job Inc autocorrelation shows the relationship between 51Job Inc stock current value and its past values and can show if there is a momentum factor associated with investing in 51Job Inc ADR.
 Regressed Prices 
Share
      Timeline 

Be your own money manager

Our tools can tell you how much better you can do entering a position in 51Job Inc without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Portfolio Rebalancing Now

   

Portfolio Rebalancing

Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
All  Next Launch Module

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as 51Job Inc ADR using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please see 51Job Inc Hype Analysis, 51Job Inc Correlation, 51Job Inc Valuation, 51Job Inc Volatility, as well as analyze 51Job Inc Alpha and Beta and 51Job Inc Performance. Note that the 51Job Inc ADR information on this page should be used as a complementary analysis to other 51Job Inc'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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Complementary Tools for 51Job Stock analysis

When running 51Job Inc ADR price analysis, check to measure 51Job Inc'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 51Job Inc is operating at the current time. Most of 51Job Inc's value examination focuses on studying past and present price action to predict the probability of 51Job Inc's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move 51Job Inc's price. Additionally, you may evaluate how the addition of 51Job Inc to your portfolios can decrease your overall portfolio volatility.
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Go
Focused Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Go
Global Correlations
Find global opportunities by holding instruments from different markets
Go
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Go
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Go
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Go
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Go
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Go
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Go
51Job Inc 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.
A focus of 51Job Inc technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of 51Job Inc trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...