Zhonghang Electronic (China) Performance
| 300114 Stock | 68.06 3.06 4.71% |
The firm maintains a market beta of -0.34, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Zhonghang Electronic are expected to decrease at a much lower rate. During the bear market, Zhonghang Electronic is likely to outperform the market. Zhonghang Electronic right now maintains a risk of 4.02%. Please check out Zhonghang Electronic downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Zhonghang Electronic will be following its historical returns.
Risk-Adjusted Performance
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Over the last 90 days Zhonghang Electronic Measuring has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Zhonghang Electronic is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
Last Split Factor 15:10 | Ex Dividend Date 2023-06-06 | Last Split Date 2017-05-26 |
1 | These 4 Measures Indicate That Zhonghang Electronic Measuring InstrumentsLtd Is Using Debt Reasonably Well - Simply Wall St | 12/26/2024 |
| Begin Period Cash Flow | 326.8 M |
Zhonghang |
Zhonghang Electronic Relative Risk vs. Return Landscape
If you would invest 6,967 in Zhonghang Electronic Measuring on October 12, 2024 and sell it today you would lose (161.00) from holding Zhonghang Electronic Measuring or give up 2.31% of portfolio value over 90 days. Zhonghang Electronic Measuring is generating 0.0417% of daily returns and assumes 4.0167% volatility on return distribution over the 90 days horizon. Simply put, 35% of stocks are less volatile than Zhonghang, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Zhonghang Electronic Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zhonghang Electronic's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Zhonghang Electronic Measuring, and traders can use it to determine the average amount a Zhonghang Electronic'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 = 0.0104
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| Negative Returns | 300114 |
Estimated Market Risk
| 4.02 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Zhonghang Electronic is not performing at its full potential. However, 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 Zhonghang Electronic by adding Zhonghang Electronic to a well-diversified portfolio.
Zhonghang Electronic Fundamentals Growth
Zhonghang Stock prices reflect investors' perceptions of the future prospects and financial health of Zhonghang Electronic, and Zhonghang Electronic 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 Zhonghang Stock performance.
| Return On Equity | 0.0417 | ||||
| Return On Asset | 0.0099 | ||||
| Profit Margin | 0.06 % | ||||
| Operating Margin | 0.03 % | ||||
| Current Valuation | 38.75 B | ||||
| Shares Outstanding | 590.76 M | ||||
| Price To Book | 15.41 X | ||||
| Price To Sales | 23.45 X | ||||
| Revenue | 1.68 B | ||||
| Gross Profit | 690.33 M | ||||
| EBITDA | 119.75 M | ||||
| Net Income | 98.17 M | ||||
| Total Debt | 94.21 M | ||||
| Book Value Per Share | 4.25 X | ||||
| Cash Flow From Operations | 130.14 M | ||||
| Earnings Per Share | 0.18 X | ||||
| Total Asset | 3.97 B | ||||
| Retained Earnings | 1.32 B | ||||
About Zhonghang Electronic Performance
By analyzing Zhonghang Electronic's fundamental ratios, stakeholders can gain valuable insights into Zhonghang Electronic's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Zhonghang Electronic 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 Zhonghang Electronic has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Zhonghang Electronic is entity of China. It is traded as Stock on SHE exchange.Things to note about Zhonghang Electronic performance evaluation
Checking the ongoing alerts about Zhonghang Electronic for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Zhonghang Electronic help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Zhonghang Electronic had very high historical volatility over the last 90 days | |
| Zhonghang Electronic is unlikely to experience financial distress in the next 2 years | |
| About 55.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: These 4 Measures Indicate That Zhonghang Electronic Measuring InstrumentsLtd Is Using Debt Reasonably Well - Simply Wall St |
- Analyzing Zhonghang Electronic'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 Zhonghang Electronic's stock is overvalued or undervalued compared to its peers.
- Examining Zhonghang Electronic'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 Zhonghang Electronic's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Zhonghang Electronic's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Zhonghang Electronic's stock. These opinions can provide insight into Zhonghang Electronic's potential for growth and whether the stock is currently undervalued or overvalued.
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When running Zhonghang Electronic's price analysis, check to measure Zhonghang Electronic'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 Zhonghang Electronic is operating at the current time. Most of Zhonghang Electronic's value examination focuses on studying past and present price action to predict the probability of Zhonghang Electronic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zhonghang Electronic's price. Additionally, you may evaluate how the addition of Zhonghang Electronic to your portfolios can decrease your overall portfolio volatility.
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