China Evergrande New Stock Buy Hold or Sell Recommendation
| EVGRF Stock | USD 0.01 0.0007 5.56% |
Assuming the 90 days horizon and your typical level of risk aversion, our recommendation regarding China Evergrande New is 'Strong Sell'. Macroaxis provides China Evergrande buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding EVGRF positions.
Check out China Evergrande 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. Note, we conduct extensive research on individual companies such as China and provide practical buy, sell, or hold advice based on investors' constraints. China Evergrande New. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
China |
Execute China Evergrande Buy or Sell Advice
The China recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on China Evergrande New. Macroaxis does not own or have any residual interests in China Evergrande New or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute China Evergrande's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
China Evergrande Trading Alerts and Improvement Suggestions
| China Evergrande New generated a negative expected return over the last 90 days | |
| China Evergrande New has high historical volatility and very poor performance | |
| China Evergrande New has some characteristics of a very speculative penny stock | |
| China Evergrande New has high likelihood to experience some financial distress in the next 2 years | |
| China Evergrande New has accumulated 55.92 B in total debt with debt to equity ratio (D/E) of 3.04, implying the company greatly relies on financing operations through barrowing. China Evergrande New has a current ratio of 0.88, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist China Evergrande until it has trouble settling it off, either with new capital or with free cash flow. So, China Evergrande's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like China Evergrande New sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for China to invest in growth at high rates of return. When we think about China Evergrande's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 15.49 B. Net Loss for the year was (7.39 B) with profit before overhead, payroll, taxes, and interest of 2.69 B. | |
| China Evergrande New has accumulated about 9.78 B in cash with (1.96 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.0, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 60.0% of China Evergrande shares are held by company insiders |
China Evergrande Returns Distribution Density
The distribution of China Evergrande's historical returns is an attempt to chart the uncertainty of China Evergrande's future price movements. The chart of the probability distribution of China Evergrande daily returns describes the distribution of returns around its average expected value. We use China Evergrande New price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of China Evergrande returns is essential to provide solid investment advice for China Evergrande.
| Mean Return | -0.11 | Value At Risk | 0.00 | Potential Upside | 0.00 | Standard Deviation | 10.49 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of China Evergrande 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.
China Evergrande 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 China Evergrande or Healthcare 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 China Evergrande's price will be affected by overall pink sheet 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 China pink sheet'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 | -0.13 | |
β | Beta against Dow Jones | 1.80 | |
σ | Overall volatility | 10.74 | |
Ir | Information ratio | -0.01 |
China Evergrande Volatility Alert
China Evergrande New is displaying above-average volatility over the selected time horizon. China Evergrande New is a penny stock. Although China Evergrande may be in fact a good investment, many penny pink sheets are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in China Evergrande New. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on China instrument if you perfectly time your entry and exit. However, remember that penny pink sheets that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.China Evergrande Fundamentals Vs Peers
Comparing China Evergrande'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 China Evergrande's direct or indirect competition across all of the common fundamentals between China Evergrande and the related equities. This way, we can detect undervalued stocks with similar characteristics as China Evergrande or determine the pink sheets which would be an excellent addition to an existing portfolio. Peer analysis of China Evergrande's fundamental indicators could also be used in its relative valuation, which is a method of valuing China Evergrande by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare China Evergrande to competition |
| Fundamentals | China Evergrande | Peer Average |
| Return On Equity | -3.14 | -0.31 |
| Return On Asset | -0.0282 | -0.14 |
| Profit Margin | (0.55) % | (1.27) % |
| Operating Margin | (0.36) % | (5.51) % |
| Current Valuation | 8.22 B | 16.62 B |
| Shares Outstanding | 10.84 B | 571.82 M |
| Shares Owned By Insiders | 60.29 % | 10.09 % |
| Shares Owned By Institutions | 0.02 % | 39.21 % |
| Price To Book | 0.08 X | 9.51 X |
| Price To Sales | 0.25 X | 11.42 X |
| Revenue | 15.49 B | 9.43 B |
| Gross Profit | 2.69 B | 27.38 B |
| EBITDA | (3.47 B) | 3.9 B |
| Net Income | (7.39 B) | 570.98 M |
| Cash And Equivalents | 9.78 B | 2.7 B |
| Cash Per Share | 1.00 X | 5.01 X |
| Total Debt | 55.92 B | 5.32 B |
| Debt To Equity | 3.04 % | 48.70 % |
| Current Ratio | 0.90 X | 2.16 X |
| Book Value Per Share | 1.13 X | 1.93 K |
| Cash Flow From Operations | (1.96 B) | 971.22 M |
| Earnings Per Share | (0.16) X | 3.12 X |
| Number Of Employees | 14.49 K | 18.84 K |
| Beta | 0.77 | -0.15 |
| Market Capitalization | 4.43 B | 19.03 B |
| Total Asset | 150.06 B | 29.47 B |
| Net Asset | 150.06 B |
China Evergrande Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as China . 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.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.06 | |||
| Day Median Price | 0.0133 | |||
| Day Typical Price | 0.0133 | |||
| Price Action Indicator | 4.0E-4 | |||
| Period Momentum Indicator | 7.0E-4 | |||
| Relative Strength Index | 67.5 |
About China Evergrande Buy or Sell Advice
When is the right time to buy or sell China Evergrande New? Buying financial instruments such as China Pink Sheet 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.
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Other Information on Investing in China Pink Sheet
China Evergrande financial ratios help investors to determine whether China Pink Sheet 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 China with respect to the benefits of owning China Evergrande security.