111 Inc Stock Market Value

YI Stock  USD 1.16  0.15  14.85%   
111's market value is the price at which a share of 111 trades on a public exchange. It measures the collective expectations of 111 Inc investors about its performance. 111 is trading at 1.16 as of the 29th of March 2024. This is a 14.85 percent up since the beginning of the trading day. The stock's open price was 1.01.
With this module, you can estimate the performance of a buy and hold strategy of 111 Inc and determine expected loss or profit from investing in 111 over a given investment horizon. Check out 111 Correlation, 111 Volatility and 111 Alpha and Beta module to complement your research on 111.
Symbol

111 Inc Price To Book Ratio

Is 111'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 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
(0.49)
Revenue Per Share
177.311
Quarterly Revenue Growth
(0.01)
Return On Assets
(0.07)
Return On Equity
(0.79)
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.
0.00
01/29/2024
No Change 0.00  0.0 
In 2 months and 1 day
03/29/2024
0.00
If you would invest  0.00  in 111 on January 29, 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 60 days. 111 is related to or competes with Trxade, PetMed Express, High Tide, Leafly Holdings, BJs Wholesale, and Dollar General. 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.

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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of 111'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.
Hype
Prediction
LowEstimatedHigh
0.061.166.33
Details
Intrinsic
Valuation
LowRealHigh
0.122.347.51
Details
0 Analysts
Consensus
LowTargetHigh
5.425.966.62
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as 111. Your research has to be compared to or analyzed against 111's peers to derive any actionable benefits. When done correctly, 111's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in 111 Inc.

111 Inc Backtested Returns

111 Inc retains Efficiency (Sharpe Ratio) of -0.0852, which signifies that the company had a -0.0852% return per unit of price deviation over the last 3 months. 111 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 111's Information Ratio of (0.07), variance of 27.72, and Market Risk Adjusted Performance of (0.20) to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 1.02, which signifies a somewhat significant risk relative to the market. 111 returns are very sensitive to returns on the market. As the market goes up or down, 111 is expected to follow. 111 Inc has an expected return of -0.44%. Please make sure to confirm 111 Inc total risk alpha, as well as the relationship between the accumulation distribution and period momentum indicator , to decide if 111 Inc performance from the past will be repeated sooner or later.

Auto-correlation

    
  0.58  

Modest predictability

111 Inc has modest predictability. Overlapping area represents the amount of predictability between 111 time series from 29th of January 2024 to 28th of February 2024 and 28th of February 2024 to 29th of March 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 0.58 indicates that roughly 58.0% of current 111 price fluctuation can be explain by its past prices.
Correlation Coefficient0.58
Spearman Rank Test0.49
Residual Average0.0
Price Variance0.03

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  

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether 111 Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of 111's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of 111 Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on 111 Inc Stock:
Check out 111 Correlation, 111 Volatility and 111 Alpha and Beta module to complement your research on 111.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary Tools for 111 Stock analysis

When running 111's price analysis, check to measure 111'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 111 is operating at the current time. Most of 111's value examination focuses on studying past and present price action to predict the probability of 111's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 111's price. Additionally, you may evaluate how the addition of 111 to your portfolios can decrease your overall portfolio volatility.
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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.
A focus of 111 technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of 111 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...