Bright Real (China) Performance
| 600708 Stock | 4.22 0.38 9.90% |
Bright Real holds a performance score of 26 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.79, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Bright Real are expected to decrease at a much lower rate. During the bear market, Bright Real is likely to outperform the market. Use Bright Real downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to analyze future returns on Bright Real.
Risk-Adjusted Performance
26 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Bright Real Estate are ranked lower than 26 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Bright Real sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Payout Ratio 0.6667 | Last Split Factor 1.3:1 | Ex Dividend Date 2024-07-25 | Last Split Date 2018-06-06 |
1 | Shareholders 40 percent loss in Bright Real Estate GroupLimited partly attributable to the companys decline in earnings over past five years - Simply Wall St | 09/25/2024 |
2 | Shanghai Bright City Service Technology Co., Ltd. agreed to acquire Shanghai Bright Life Service Group Co., Ltd. from Bright Real Estate Group Co.,Limited for C... | 11/22/2024 |
| Begin Period Cash Flow | 7.2 B |
Bright |
Bright Real Relative Risk vs. Return Landscape
If you would invest 179.00 in Bright Real Estate on September 3, 2024 and sell it today you would earn a total of 243.00 from holding Bright Real Estate or generate 135.75% return on investment over 90 days. Bright Real Estate is generating 1.6021% of daily returns and assumes 4.8211% volatility on return distribution over the 90 days horizon. Simply put, 42% of stocks are less volatile than Bright, and 69% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Bright Real Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bright Real's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Bright Real Estate, and traders can use it to determine the average amount a Bright Real'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 = 0.3323
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| Average Returns | 600708 | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.82 actual daily | 42 58% of assets are more volatile |
Expected Return
| 1.6 actual daily | 31 69% of assets have higher returns |
Risk-Adjusted Return
| 0.33 actual daily | 26 74% of assets perform better |
Based on monthly moving average Bright Real is performing at about 26% 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 Bright Real by adding it to a well-diversified portfolio.
Bright Real Fundamentals Growth
Bright Stock prices reflect investors' perceptions of the future prospects and financial health of Bright Real, and Bright Real 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 Bright Stock performance.
| Return On Equity | -0.0376 | ||||
| Return On Asset | -0.0023 | ||||
| Profit Margin | (0.06) % | ||||
| Operating Margin | (0.22) % | ||||
| Current Valuation | 38.23 B | ||||
| Shares Outstanding | 2.23 B | ||||
| Price To Book | 0.82 X | ||||
| Price To Sales | 1.53 X | ||||
| Revenue | 8.6 B | ||||
| Gross Profit | 2.75 B | ||||
| EBITDA | (183.86 M) | ||||
| Net Income | 33.84 M | ||||
| Total Debt | 546.67 M | ||||
| Book Value Per Share | 4.68 X | ||||
| Cash Flow From Operations | (767.7 M) | ||||
| Earnings Per Share | (0.16) X | ||||
| Total Asset | 63.7 B | ||||
| Retained Earnings | 6.45 B | ||||
About Bright Real Performance
By analyzing Bright Real's fundamental ratios, stakeholders can gain valuable insights into Bright Real's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Bright Real 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 Bright Real has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Bright Real is entity of China. It is traded as Stock on SHG exchange.Things to note about Bright Real Estate performance evaluation
Checking the ongoing alerts about Bright Real for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Bright Real Estate help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Bright Real Estate appears to be risky and price may revert if volatility continues | |
| Bright Real generates negative cash flow from operations | |
| About 59.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Shanghai Bright City Service Technology Co., Ltd. agreed to acquire Shanghai Bright Life Service Group Co., Ltd. from Bright Real Estate Group Co.,Limited for CNY 94.2 million. - Marketscreener.com |
- Analyzing Bright Real'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 Bright Real's stock is overvalued or undervalued compared to its peers.
- Examining Bright Real'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 Bright Real's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Bright Real's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Bright Real's stock. These opinions can provide insight into Bright Real's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Bright Stock analysis
When running Bright Real's price analysis, check to measure Bright Real'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 Bright Real is operating at the current time. Most of Bright Real's value examination focuses on studying past and present price action to predict the probability of Bright Real's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bright Real's price. Additionally, you may evaluate how the addition of Bright Real to your portfolios can decrease your overall portfolio volatility.
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