IQIYI Volatility

<div class='circular--portrait' style='background:#000000;color: #f2f2f2;font-size:4em;padding-top: 25px;;'>IQ</div>
IQ -- USA Stock  

Fiscal Quarter End: 30th of June 2020  

Macroaxis considers IQIYI to be not too volatile. IQIYI Inc holds Efficiency (Sharpe) Ratio of -0.0411, which attests that the entity had -0.0411% of return per unit of risk over the last 3 months. Macroaxis philosophy in determining 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. IQIYI Inc exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out IQIYI Market Risk Adjusted Performance of (0.73) and Risk Adjusted Performance of (0.40) to validate the risk estimate we provide.

Search Volatility

 
Refresh
IQIYI Stock volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of IQIYI daily returns, and it is calculated using variance and standard deviation. We also use IQIYI's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of IQIYI volatility.

  Interest Expense

90 Days Market Risk

Not too volatile

Chance of Distress

Very Low

90 Days Economic Sensitivity

Slowly supersedes market

IQIYI Market Sensitivity

As returns on market increase, IQIYI returns are expected to increase less than the market. However, during bear market, the loss on holding IQIYI will be expected to be smaller as well.
3 Months Beta |Analyze IQIYI Inc Demand Trend
Check current 30 days IQIYI correlation with market (DOW)
β = 0.4906

IQIYI Central Daily Price Deviation

IQIYI Inc Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. IQIYI Inc Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

IQIYI Projected Return Density Against Market

Allowing for the 30-days total investment horizon, IQIYI has beta of 0.4906 . This indicates as returns on market go up, IQIYI average returns are expected to increase less than the benchmark. However during bear market, the loss on holding IQIYI Inc will be expected to be much smaller as well. Additionally, Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to IQIYI or Entertainment sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that IQIYI stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a IQIYI stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision. The company has a negative alpha implying that the risk taken by holding this equity is not justified. IQIYI Inc is significantly underperforming DOW.
 Predicted Return Density 
      Returns 

IQIYI Risk Measures

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to IQIYI or Entertainment sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that IQIYI stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a IQIYI stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision. Allowing for the 30-days total investment horizon, the coefficient of variation of IQIYI is -2432.95. The daily returns are destributed with a variance of 11.15 and standard deviation of 3.34. The mean deviation of IQIYI Inc is currently at 2.72. For similar time horizon, the selected benchmark (DOW) has volatility of 3.98
α
Alpha over DOW
=-0.41
β
Beta against DOW=0.49
σ
Overall volatility
=3.34
Ir
Information ratio =-0.13

IQIYI Return Volatility

the corporate body accepts 3.3384% volatility on return distribution over the 30 days horizon. the entity inherits 3.8807% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

About IQIYI Volatility

Volatility is a rate at which the price of IQIYI or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of IQIYI may increase or decrease. In other words, similar to IQIYI's beta indicator, it measures the risk of IQIYI and helps estimate the fluctuations that may happen in a short period of time. So if prices of IQIYI fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility. Please read more on our technical analysis page.
Last ReportedProjected for 2020
Market Capitalization 15,307,199,439  12,630,000,000 
iQIYI, Inc., together with its subsidiaries, provides online entertainment services under the iQIYI brand in the Peoples Republic of China. The company was formerly known as Qiyi.com, Inc. and changed its name to iQIYI, Inc. in November 2017. iQIYI, Inc. was incorporated in 2009 and is headquartered in Beijing, China. iQIYI, Inc. is a subsidiary of Baidu Holdings Limited. IQIYI operates under Internet Content Information classification in USA and is traded on BATS Exchange. It employs 8889 people.

IQIYI Investment Opportunity

DOW has a standard deviation of returns of 3.88 and is 1.16 times more volatile than IQIYI Inc. 29  of all equities and portfolios are less risky than IQIYI. Compared to the overall equity markets, volatility of historical daily returns of IQIYI Inc is lower than 29 () of all global equities and portfolios over the last 30 days. Use IQIYI Inc to protect your portfolios against small markets fluctuations. The stock experiences moderate downward daily trend and can be a good diversifier. Check odds of IQIYI to be traded at $17.4 in 30 days. . As returns on market increase, IQIYI returns are expected to increase less than the market. However, during bear market, the loss on holding IQIYI will be expected to be smaller as well.

IQIYI correlation with market

correlation synergy
Very weak diversification
Overlapping area represents the amount of risk that can be diversified away by holding IQIYI Inc and equity matching DJI index in the same portfolio.

IQIYI Additional Risk Indicators

The analysis of various secondary risk indicators of IQIYI is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in IQIYI investment, and either accepting that risk or mitigating it. Along with some common measures of IQIYI stock risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging your existing portfolio. Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing the like to determine which investment holds the most risk.
Risk Adjusted Performance(0.40)
Market Risk Adjusted Performance(0.73)
Mean Deviation2.86
Coefficient Of Variation(990.47)
Standard Deviation3.51
Variance12.3
Information Ratio(0.13)

IQIYI Suggested Diversification Pairs

Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
Salesforce vs. IQIYI
Perdoceo Education vs. IQIYI
Itau Unibanco vs. IQIYI
Alphabet vs. IQIYI
Ford vs. IQIYI
Walker Dunlop vs. IQIYI
VanEck Vectors vs. IQIYI
TENCENT HOLDINGS vs. IQIYI
Gaming vs. IQIYI
Du Pont vs. IQIYI
Please see Risk vs Return Analysis. Please also try Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Company logos by clearbit
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page