Bengang Steel (China) Performance
| 000761 Stock | 3.42 0.03 0.87% |
On a scale of 0 to 100, Bengang Steel holds a performance score of 15. The firm shows a Beta (market volatility) of -0.39, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Bengang Steel are expected to decrease at a much lower rate. During the bear market, Bengang Steel is likely to outperform the market. Please check Bengang Steel's coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to make a quick decision on whether Bengang Steel's price patterns will revert.
Risk-Adjusted Performance
15 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Bengang Steel Plates are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Bengang Steel sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 13.4:10 | Ex Dividend Date 2022-06-16 | Last Split Date 2006-03-15 |
1 | Bengang Steel Plates Co., Ltd.s Share Price Boosted 30 percent But Its Business Prospects Need A Lift Too - Simply Wall St | 09/26/2024 |
| Begin Period Cash Flow | 1.3 B | |
| Free Cash Flow | 3.3 B |
Bengang |
Bengang Steel Relative Risk vs. Return Landscape
If you would invest 233.00 in Bengang Steel Plates on September 1, 2024 and sell it today you would earn a total of 109.00 from holding Bengang Steel Plates or generate 46.78% return on investment over 90 days. Bengang Steel Plates is generating 0.7345% of daily returns and assumes 3.8407% volatility on return distribution over the 90 days horizon. Simply put, 34% of stocks are less volatile than Bengang, and 86% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Bengang Steel Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bengang Steel's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Bengang Steel Plates, and traders can use it to determine the average amount a Bengang Steel's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1912
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Estimated Market Risk
| 3.84 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.73 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Bengang Steel is performing at about 15% 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 Bengang Steel by adding it to a well-diversified portfolio.
Bengang Steel Fundamentals Growth
Bengang Stock prices reflect investors' perceptions of the future prospects and financial health of Bengang Steel, and Bengang Steel fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Bengang Stock performance.
| Return On Equity | -0.22 | ||||
| Return On Asset | -0.0482 | ||||
| Profit Margin | (0.07) % | ||||
| Operating Margin | (0.13) % | ||||
| Current Valuation | 21.79 B | ||||
| Shares Outstanding | 3.71 B | ||||
| Price To Book | 1.02 X | ||||
| Price To Sales | 0.24 X | ||||
| Revenue | 57.81 B | ||||
| Gross Profit | 164.04 M | ||||
| EBITDA | (2.18 B) | ||||
| Net Income | (1.74 B) | ||||
| Total Debt | 328 M | ||||
| Book Value Per Share | 3.36 X | ||||
| Cash Flow From Operations | 4.33 B | ||||
| Earnings Per Share | (0.90) X | ||||
| Total Asset | 46.18 B | ||||
| Retained Earnings | (2.46 B) | ||||
About Bengang Steel Performance
By analyzing Bengang Steel's fundamental ratios, stakeholders can gain valuable insights into Bengang Steel's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Bengang Steel has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Bengang Steel has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Bengang Steel is entity of China. It is traded as Stock on SHE exchange.Things to note about Bengang Steel Plates performance evaluation
Checking the ongoing alerts about Bengang Steel for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Bengang Steel Plates help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Bengang Steel Plates appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 57.81 B. Net Loss for the year was (1.74 B) with profit before overhead, payroll, taxes, and interest of 164.04 M. | |
| About 86.0% of the company shares are owned by insiders or employees |
- Analyzing Bengang Steel's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Bengang Steel's stock is overvalued or undervalued compared to its peers.
- Examining Bengang Steel's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Bengang Steel's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Bengang Steel's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Bengang Steel's stock. These opinions can provide insight into Bengang Steel's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Bengang Stock analysis
When running Bengang Steel's price analysis, check to measure Bengang Steel'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 Bengang Steel is operating at the current time. Most of Bengang Steel's value examination focuses on studying past and present price action to predict the probability of Bengang Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bengang Steel's price. Additionally, you may evaluate how the addition of Bengang Steel to your portfolios can decrease your overall portfolio volatility.
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