Shenzhen Inovance (China) Buy Hold or Sell Recommendation
| 300124 Stock | 60.08 0.60 1.01% |
Assuming the 90 days trading horizon and your typical level of risk aversion, our recommendation regarding Shenzhen Inovance Tech is 'Strong Sell'. Macroaxis provides Shenzhen Inovance buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 300124 positions.
Check out Shenzhen Inovance Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Shenzhen and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Shenzhen Inovance Tech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Shenzhen |
Execute Shenzhen Inovance Buy or Sell Advice
The Shenzhen recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Shenzhen Inovance Tech. Macroaxis does not own or have any residual interests in Shenzhen Inovance Tech or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Shenzhen Inovance's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Moves slightly opposite to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Shenzhen Inovance Trading Alerts and Improvement Suggestions
| Shenzhen Inovance had very high historical volatility over the last 90 days | |
| Shenzhen Inovance is unlikely to experience financial distress in the next 2 years | |
| About 44.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Shenzhen Inovance TechnologyLtd Eyes Growth with New Energy Vehicles and Global Expansion - Simply Wall St |
Shenzhen Inovance Returns Distribution Density
The distribution of Shenzhen Inovance's historical returns is an attempt to chart the uncertainty of Shenzhen Inovance's future price movements. The chart of the probability distribution of Shenzhen Inovance daily returns describes the distribution of returns around its average expected value. We use Shenzhen Inovance Tech price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Shenzhen Inovance returns is essential to provide solid investment advice for Shenzhen Inovance.
| Mean Return | 0.56 | Value At Risk | -3.74 | Potential Upside | 8.04 | Standard Deviation | 4.48 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Shenzhen Inovance historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Shenzhen Inovance Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Dividends Paid | 394.1M | 368.2M | 665.7M | 893.6M | 1.1B | 1.2B | |
| Capital Expenditures | 250.9M | 358.3M | 778.6M | 1.7B | 1.5B | 1.6B | |
| Net Income | 951.9M | 2.1B | 3.6B | 4.3B | 4.7B | 5.0B | |
| Change To Inventory | (184.0M) | (802.5M) | (1.8B) | (1.3B) | (885.5M) | (841.2M) | |
| Investments | 192.7M | (162.3M) | (1.6B) | (555.4M) | (454.5M) | (477.2M) | |
| Change In Cash | 1.1B | 501.7M | 667.8M | 2.9B | 2.6B | 2.7B | |
| Net Borrowings | 932.4M | 36.2M | 130.0M | 2.9B | 3.4B | 3.5B | |
| Depreciation | 200.2M | 259.8M | 286.1M | 411.8M | 589.9M | 619.4M | |
| Change To Netincome | 123.2M | 119.7M | (361.8M) | (451.5M) | (406.3M) | (386.0M) | |
| End Period Cash Flow | 1.9B | 2.4B | 3.0B | 6.0B | 8.5B | 9.0B | |
| Free Cash Flow | 1.1B | 1.1B | 987.4M | 1.5B | 1.9B | 1.1B | |
| Other Non Cash Items | 74.1M | 25.2M | 28.3M | 237.0M | 178.1M | 187.0M |
Shenzhen Inovance Greeks
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 Shenzhen Inovance or Machinery 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 Shenzhen Inovance'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 Shenzhen 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.
α | Alpha over Dow Jones | 0.58 | |
β | Beta against Dow Jones | -0.74 | |
σ | Overall volatility | 4.03 | |
Ir | Information ratio | 0.11 |
Shenzhen Inovance Volatility Alert
Shenzhen Inovance Tech shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Shenzhen Inovance's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Shenzhen Inovance's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Shenzhen Inovance Fundamentals Vs Peers
Comparing Shenzhen Inovance's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Shenzhen Inovance's direct or indirect competition across all of the common fundamentals between Shenzhen Inovance and the related equities. This way, we can detect undervalued stocks with similar characteristics as Shenzhen Inovance or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Shenzhen Inovance's fundamental indicators could also be used in its relative valuation, which is a method of valuing Shenzhen Inovance by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Shenzhen Inovance to competition |
| Fundamentals | Shenzhen Inovance | Peer Average |
| Return On Equity | 0.19 | -0.31 |
| Return On Asset | 0.0578 | -0.14 |
| Profit Margin | 0.13 % | (1.27) % |
| Operating Margin | 0.14 % | (5.51) % |
| Current Valuation | 160.3 B | 16.62 B |
| Shares Outstanding | 2.69 B | 571.82 M |
| Shares Owned By Insiders | 43.76 % | 10.09 % |
| Shares Owned By Institutions | 32.82 % | 39.21 % |
| Price To Book | 6.05 X | 9.51 X |
| Price To Sales | 4.53 X | 11.42 X |
| Revenue | 30.42 B | 9.43 B |
| Gross Profit | 8.06 B | 27.38 B |
| EBITDA | 5.05 B | 3.9 B |
| Net Income | 4.74 B | 570.98 M |
| Total Debt | 804.27 M | 5.32 B |
| Book Value Per Share | 9.85 X | 1.93 K |
| Cash Flow From Operations | 3.37 B | 971.22 M |
| Earnings Per Share | 1.78 X | 3.12 X |
| Price To Earnings To Growth | 1.43 X | 4.89 X |
| Target Price | 66.58 | |
| Number Of Employees | 23.68 K | 18.84 K |
| Beta | 1.12 | -0.15 |
| Market Capitalization | 161.7 B | 19.03 B |
| Total Asset | 48.96 B | 29.47 B |
| Retained Earnings | 15.12 B | 9.33 B |
| Working Capital | 11.6 B | 1.48 B |
| Annual Yield | 0.01 % | |
| Net Asset | 48.96 B | |
| Last Dividend Paid | 0.45 |
Shenzhen Inovance Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Shenzhen . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 266661.0 | |||
| Daily Balance Of Power | 0.5825 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 59.69 | |||
| Day Typical Price | 59.82 | |||
| Price Action Indicator | 0.69 | |||
| Period Momentum Indicator | 0.6 |
About Shenzhen Inovance Buy or Sell Advice
When is the right time to buy or sell Shenzhen Inovance Tech? Buying financial instruments such as Shenzhen Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Other Information on Investing in Shenzhen Stock
Shenzhen Inovance financial ratios help investors to determine whether Shenzhen Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Shenzhen with respect to the benefits of owning Shenzhen Inovance security.