Ningbo Boway (China) Buy Hold or Sell Recommendation
| 601137 Stock | 18.87 0.34 1.83% |
Assuming the 90 days trading horizon and your typical level of risk aversion, our recommendation regarding Ningbo Boway Alloy is 'Sell'. Macroaxis provides Ningbo Boway buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 601137 positions.
Check out Ningbo Boway 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 Ningbo and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Ningbo Boway Alloy. 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.
Ningbo |
Execute Ningbo Boway Buy or Sell Advice
The Ningbo recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Ningbo Boway Alloy. Macroaxis does not own or have any residual interests in Ningbo Boway Alloy or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Ningbo Boway's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | OK | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Ningbo Boway Trading Alerts and Improvement Suggestions
| Ningbo Boway Alloy had very high historical volatility over the last 90 days | |
| Ningbo Boway Alloy is unlikely to experience financial distress in the next 2 years | |
| About 51.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: We Think Ningbo Boway Alloy Material Can Stay On Top Of Its Debt - Simply Wall St |
Ningbo Boway Returns Distribution Density
The distribution of Ningbo Boway's historical returns is an attempt to chart the uncertainty of Ningbo Boway's future price movements. The chart of the probability distribution of Ningbo Boway daily returns describes the distribution of returns around its average expected value. We use Ningbo Boway Alloy price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Ningbo Boway returns is essential to provide solid investment advice for Ningbo Boway.
| Mean Return | 0.54 | Value At Risk | -3.88 | Potential Upside | 6.14 | Standard Deviation | 3.19 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Ningbo Boway 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.
Ningbo Boway Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Dividends Paid | 114.7M | 197.5M | 240.6M | 240.8M | 302.1M | 317.2M | |
| Capital Expenditures | 866.8M | 1.2B | 1.0B | 940.3M | 882.7M | 543.5M | |
| Net Income | 440.1M | 428.9M | 310.3M | 537.1M | 1.1B | 1.2B | |
| Change To Inventory | (356.4M) | (342.2M) | (1.4B) | (1.3B) | 1.9M | 2.0M | |
| Investments | (64.4M) | (43.2M) | (36.9K) | (893.6M) | (937.1M) | (890.2M) | |
| Change In Cash | (131.2M) | (20.0M) | 383.5M | 156.0M | 1.7B | 1.8B | |
| Net Borrowings | 347.3M | 755.6M | 1.3B | 1.5B | 1.7B | 1.8B | |
| Depreciation | 228.6M | 265.1M | 289.9M | 352.5M | 440.2M | 264.8M | |
| Change To Netincome | 47.8M | 97.8M | 125.7M | 175.3M | 201.6M | 211.7M | |
| End Period Cash Flow | 645.6M | 625.6M | 1.0B | 1.2B | 2.9B | 3.0B | |
| Free Cash Flow | (185.9M) | (923.8M) | (875.4M) | (410.0M) | 565.5M | 593.7M | |
| Other Non Cash Items | 56.9M | 99.9M | 120.0M | 12.3M | 53.9M | 66.8M |
Ningbo Boway 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 Ningbo Boway or Metals & Mining 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 Ningbo Boway'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 Ningbo 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 | 0.54 | |
β | Beta against Dow Jones | -0.29 | |
σ | Overall volatility | 3.15 | |
Ir | Information ratio | 0.16 |
Ningbo Boway Volatility Alert
Ningbo Boway Alloy currently demonstrates below-average downside deviation. It has Information Ratio of 0.16 and Jensen Alpha of 0.54. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Ningbo Boway'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 Ningbo Boway'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.Ningbo Boway Fundamentals Vs Peers
Comparing Ningbo Boway'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 Ningbo Boway's direct or indirect competition across all of the common fundamentals between Ningbo Boway and the related equities. This way, we can detect undervalued stocks with similar characteristics as Ningbo Boway or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Ningbo Boway's fundamental indicators could also be used in its relative valuation, which is a method of valuing Ningbo Boway by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Ningbo Boway to competition |
| Fundamentals | Ningbo Boway | Peer Average |
| Return On Equity | 0.2 | -0.31 |
| Return On Asset | 0.0777 | -0.14 |
| Profit Margin | 0.07 % | (1.27) % |
| Operating Margin | 0.10 % | (5.51) % |
| Current Valuation | 18.55 B | 16.62 B |
| Shares Outstanding | 781.89 M | 571.82 M |
| Shares Owned By Insiders | 50.98 % | 10.09 % |
| Shares Owned By Institutions | 9.73 % | 39.21 % |
| Price To Book | 1.90 X | 9.51 X |
| Price To Sales | 0.78 X | 11.42 X |
| Revenue | 17.76 B | 9.43 B |
| Gross Profit | 1.22 B | 27.38 B |
| EBITDA | 2.54 B | 3.9 B |
| Net Income | 1.12 B | 570.98 M |
| Total Debt | 1.65 B | 5.32 B |
| Book Value Per Share | 9.94 X | 1.93 K |
| Cash Flow From Operations | 1.45 B | 971.22 M |
| Earnings Per Share | 1.83 X | 3.12 X |
| Target Price | 23.15 | |
| Number Of Employees | 6.19 K | 18.84 K |
| Beta | 0.32 | -0.15 |
| Market Capitalization | 15.55 B | 19.03 B |
| Total Asset | 16.35 B | 29.47 B |
| Retained Earnings | 3.33 B | 9.33 B |
| Working Capital | 4.19 B | 1.48 B |
| Net Asset | 16.35 B | |
| Last Dividend Paid | 0.45 |
Ningbo Boway Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Ningbo . 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 | 1.1 M | |||
| Daily Balance Of Power | 0.4474 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 18.71 | |||
| Day Typical Price | 18.76 | |||
| Price Action Indicator | 0.33 | |||
| Period Momentum Indicator | 0.34 |
About Ningbo Boway Buy or Sell Advice
When is the right time to buy or sell Ningbo Boway Alloy? Buying financial instruments such as Ningbo 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 Ningbo Stock
Ningbo Boway financial ratios help investors to determine whether Ningbo 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 Ningbo with respect to the benefits of owning Ningbo Boway security.