Boqii Stock Market Value

BQ -  USA Stock  

USD 0.28  0.01  3.70%

Boqii Holding's market value is the price at which a share of Boqii Holding stock trades on a public exchange. It measures the collective expectations of Boqii Holding investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Boqii Holding and determine expected loss or profit from investing in Boqii Holding over a given investment horizon. Continue to Boqii Holding Hype Analysis, Boqii Holding Correlation, Boqii Holding Valuation, Boqii Holding Volatility, as well as analyze Boqii Holding Alpha and Beta and Boqii Holding Performance.
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Is Boqii Holding'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 Boqii Holding. If investors know Boqii 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 Boqii Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Boqii Holding is measured differently than its book value, which is the value of Boqii that is recorded on the company's balance sheet. Investors also form their own opinion of Boqii Holding's value that differs from its market value or its book value, called intrinsic value, which is Boqii Holding'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 Boqii Holding's market value can be influenced by many factors that don't directly affect Boqii Holding'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 Boqii Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine Boqii Holding value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Boqii Holding'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.

Boqii Holding '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 Boqii Holding'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 Boqii Holding.
0.00
06/03/2020
No Change 0.00  0.0 
In 1 year 11 months and 22 days
05/24/2022
0.00
If you would invest  0.00  in Boqii Holding on June 3, 2020 and sell it all today you would earn a total of 0.00 from holding Boqii Holding or generate 0.0% return on investment in Boqii Holding over 720 days. Boqii Holding is related to or competes with Envela Corp, National Vision, and Genuine Parts. Boqii Holding Limited operates a pet-focused platform in the Peoples Republic of China

Boqii Holding 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 Boqii Holding'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 Boqii Holding upside and downside potential and time the market with a certain degree of confidence.

Boqii Holding Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Boqii Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Boqii Holding's standard deviation. In reality, there are many statistical measures that can use Boqii Holding historical prices to predict the future Boqii Holding's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Boqii Holding'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 Boqii Holding in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.010.246.53
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Intrinsic
Valuation
LowReal ValueHigh
0.050.967.25
Details
Naive
Forecast
LowNext ValueHigh
0.0056790.286.57
Details
1 Analysts
Consensus
LowTarget PriceHigh
3.003.003.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Boqii Holding. Your research has to be compared to or analyzed against Boqii Holding's peers to derive any actionable benefits. When done correctly, Boqii Holding'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 Boqii Holding.

Boqii Holding Backtested Returns

Boqii Holding secures Sharpe Ratio (or Efficiency) of -0.16, which signifies that the company had -0.16% of return per unit of risk over the last 3 months. Macroaxis standpoint towards 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. Boqii Holding exposes twenty-six different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Boqii Holding mean deviation of 4.81, and Risk Adjusted Performance of (0.26) to double-check the risk estimate we provide.
The firm shows a Beta (market volatility) of 1.7084, which signifies a somewhat significant risk relative to the market. Let's try to break down what Boqii's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Boqii Holding will likely underperform. Even though it is essential to pay attention to Boqii Holding historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards 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. Boqii Holding exposes twenty-six different technical indicators, which can help you to evaluate its performance. Boqii Holding has an expected return of -1.02%. Please be advised to confirm Boqii Holding treynor ratio and the relationship between the downside variance and day typical price to decide if Boqii Holding performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.12  

Insignificant predictability

Boqii Holding has insignificant predictability. Overlapping area represents the amount of predictability between Boqii Holding time series from 3rd of June 2020 to 29th of May 2021 and 29th of May 2021 to 24th of May 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Boqii Holding price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Boqii Holding price fluctuation can be explain by its past prices.
Correlation Coefficient0.12
Spearman Rank Test0.32
Residual Average0.0
Price Variance1.7

Boqii Holding lagged returns against current returns

Autocorrelation, which is Boqii Holding 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 Boqii Holding's stock expected returns. We can calculate the autocorrelation of Boqii Holding returns to help us make a trade decision. For example, suppose you find that Boqii Holding 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 
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Boqii Holding 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 Boqii Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Boqii Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Boqii Holding stock over time.
 Current vs Lagged Prices 
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      Timeline 

Boqii Holding Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Boqii Holding 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.

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Fundamental Analysis

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Pair Trading with Boqii Holding

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 Boqii Holding 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 Boqii Holding will appreciate offsetting losses from the drop in the long position's value.

Boqii Holding Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Boqii Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Boqii Holding 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 Boqii Holding - 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 Boqii Holding to buy it.
The correlation of Boqii Holding is a statistical measure of how it moves in relation to other equities. 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 Boqii Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Boqii Holding 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 Boqii Holding 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.
Pair CorrelationCorrelation Matching
Continue to Boqii Holding Hype Analysis, Boqii Holding Correlation, Boqii Holding Valuation, Boqii Holding Volatility, as well as analyze Boqii Holding Alpha and Beta and Boqii Holding Performance. Note that the Boqii Holding information on this page should be used as a complementary analysis to other Boqii Holding'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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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