Iqiyi Inc Stock Price on May 21, 2024
| IQ Stock | USD 5.08 0.01 0.20% |
Below is the normalized historical share price chart for iQIYI Inc extending back to March 29, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of IQIYI stands at 5.08, as last reported on the 4th of May, with the highest price reaching 5.17 and the lowest price hitting 5.02 during the day.
If you're considering investing in IQIYI Stock, it is important to understand the factors that can impact its price. IQIYI appears to be slightly risky, given 3 months investment horizon. iQIYI Inc holds Efficiency (Sharpe) Ratio of 0.23, which attests that the entity had a 0.23% return per unit of risk over the last 3 months. By analyzing IQIYI's technical indicators, you can evaluate if the expected return of 0.81% is justified by implied risk. Please utilize IQIYI's risk adjusted performance of 0.134, and Downside Deviation of 2.99 to validate if our risk estimates are consistent with your expectations.
At this time, IQIYI's Common Stock Total Equity is relatively stable compared to the past year. As of 05/04/2024, Stock Based Compensation is likely to grow to about 735.6 M, while Total Stockholder Equity is likely to drop slightly above 7.1 B. . At this time, IQIYI's Price Earnings Ratio is relatively stable compared to the past year. As of 05/04/2024, Price Book Value Ratio is likely to grow to 4.02, while Price Sales Ratio is likely to drop 0.98. IQIYI Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 29th of March 2018 | 200 Day MA 4.5495 | 50 Day MA 4.1761 | Beta 0.283 |
IQIYI |
Sharpe Ratio = 0.2276
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | IQ | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.57 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.81 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 17 83% of assets perform better |
Based on monthly moving average IQIYI is performing at about 17% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of IQIYI by adding it to a well-diversified portfolio.
Price Book 2.3663 | Enterprise Value Ebitda 0.3085 | Price Sales 0.1241 | Shares Float 3.2 B | Wall Street Target Price 6.08 |
IQIYI Valuation on May 21, 2024
It is possible to determine the worth of IQIYI on a given historical date. On May 21, 2024 IQIYI was worth 5.09 at the beginning of the trading date compared to the closed value of 5.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IQIYI stock. Still, in general, we apply an absolute valuation method to find IQIYI's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of IQIYI where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IQIYI's related companies.
| Open | High | Low | Close | Volume | |
| 5.20 | 5.29 | 5.01 | 5.09 | 11,104,654 | |
05/03/2024 | 5.09 | 5.17 | 5.02 | 5.08 | 12,902,482 |
| Backtest IQIYI | | | IQIYI History | | | IQIYI Valuation | Previous |
IQIYI Trading Date Momentum on May 21, 2024
| On May 03 2024 iQIYI Inc was traded for 5.08 at the closing time. The highest price during the trading period was 5.17 and the lowest recorded bid was listed for 5.02 . The volume for the day was 12.9 M. This history from May 3, 2024 had no short-term effect on price fluctuation. The trading date delta to the current price is 0.20% . |
iQIYI Inc Fundamentals Correlations and Trends
By evaluating IQIYI's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among IQIYI's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. IQIYI financial account trend analysis is a perfect complement when working with valuation or volatility modules.About IQIYI Stock history
IQIYI investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for IQIYI is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in iQIYI Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing IQIYI stock prices may prove useful in developing a viable investing in IQIYI
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 974.8 M | 796.7 M | |
| Net Loss | -156.6 M | -164.5 M |
IQIYI Stock Technical Analysis
IQIYI 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.
Price Boundaries
IQIYI Period Price Range
Low | May 3, 2024
| High |
5.09 | 5.08 |
IQIYI May 4, 2024 Market Strength
Market strength indicators help investors to evaluate how IQIYI stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading IQIYI shares will generate the highest return on investment. By undertsting and applying IQIYI stock market strength indicators, traders can identify iQIYI Inc entry and exit signals to maximize returns
| Accumulation Distribution | 374347.0 | |||
| Daily Balance Of Power | (0.07) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 5.1 | |||
| Day Typical Price | 5.09 | |||
| Price Action Indicator | (0.02) | |||
| Period Momentum Indicator | (0.01) |
IQIYI Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for IQIYI's price direction in advance. Along with the technical and fundamental analysis of IQIYI Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of IQIYI to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.134 | |||
| Jensen Alpha | 0.5568 | |||
| Total Risk Alpha | 0.4335 | |||
| Sortino Ratio | 0.2128 | |||
| Treynor Ratio | 0.2461 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iQIYI Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for IQIYI Stock analysis
When running IQIYI's price analysis, check to measure IQIYI'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 IQIYI is operating at the current time. Most of IQIYI's value examination focuses on studying past and present price action to predict the probability of IQIYI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IQIYI's price. Additionally, you may evaluate how the addition of IQIYI to your portfolios can decrease your overall portfolio volatility.
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |
Is IQIYI'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 IQIYI. If investors know IQIYI 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 IQIYI 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 0.389 | Earnings Share 0.27 | Revenue Per Share 33.422 | Quarterly Revenue Growth 0.015 | Return On Assets 0.0447 |
The market value of iQIYI Inc is measured differently than its book value, which is the value of IQIYI that is recorded on the company's balance sheet. Investors also form their own opinion of IQIYI's value that differs from its market value or its book value, called intrinsic value, which is IQIYI'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 IQIYI's market value can be influenced by many factors that don't directly affect IQIYI'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 IQIYI's value and its price as these two are different measures arrived at by different means. Investors typically determine if IQIYI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IQIYI'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.