G Bits (China) Performance
| 603444 Stock | 204.90 2.73 1.31% |
On a scale of 0 to 100, G Bits holds a performance score of 7. The firm retains a Market Volatility (i.e., Beta) of 0.26, which attests to not very significant fluctuations relative to the market. As returns on the market increase, G Bits' returns are expected to increase less than the market. However, during the bear market, the loss of holding G Bits is expected to be smaller as well. Please check G Bits' mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether G Bits' current trending patterns will revert.
Risk-Adjusted Performance
7 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in G bits Network Technology are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, G Bits sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Payout Ratio 0.3516 | Ex Dividend Date 2024-11-25 |
1 | Gold rebounds as dollar, bond yields retreat after US data - Yahoo Finance | 09/02/2024 |
| Begin Period Cash Flow | 2.6 B | |
| Free Cash Flow | 1.1 B |
603444 |
G Bits Relative Risk vs. Return Landscape
If you would invest 17,360 in G bits Network Technology on August 24, 2024 and sell it today you would earn a total of 3,130 from holding G bits Network Technology or generate 18.03% return on investment over 90 days. G bits Network Technology is generating 0.3494% of daily returns and assumes 3.5883% volatility on return distribution over the 90 days horizon. Simply put, 31% of stocks are less volatile than 603444, and 94% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
G Bits Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for G Bits' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as G bits Network Technology, and traders can use it to determine the average amount a G Bits' 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 = 0.0974
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Estimated Market Risk
| 3.59 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.35 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average G Bits is performing at about 7% 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 G Bits by adding it to a well-diversified portfolio.
G Bits Fundamentals Growth
603444 Stock prices reflect investors' perceptions of the future prospects and financial health of G Bits, and G Bits 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 603444 Stock performance.
| Return On Equity | 0.22 | |||
| Return On Asset | 0.11 | |||
| Profit Margin | 0.25 % | |||
| Operating Margin | 0.27 % | |||
| Current Valuation | 11.65 B | |||
| Shares Outstanding | 72.04 M | |||
| Price To Book | 3.16 X | |||
| Price To Sales | 3.97 X | |||
| Revenue | 4.18 B | |||
| Gross Profit | 3.92 B | |||
| EBITDA | 1.27 B | |||
| Net Income | 1.13 B | |||
| Total Debt | 1.39 B | |||
| Book Value Per Share | 65.52 X | |||
| Cash Flow From Operations | 1.19 B | |||
| Earnings Per Share | 12.79 X | |||
| Total Asset | 6.64 B | |||
| Retained Earnings | 2.88 B | |||
About G Bits Performance
By analyzing G Bits' fundamental ratios, stakeholders can gain valuable insights into G Bits' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if G Bits 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 G Bits has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
G Bits is entity of China. It is traded as Stock on SHG exchange.Things to note about G bits Network performance evaluation
Checking the ongoing alerts about G Bits for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for G bits Network help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| G bits Network had very high historical volatility over the last 90 days | |
| About 45.0% of the company shares are owned by insiders or employees |
- Analyzing G Bits' 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 G Bits' stock is overvalued or undervalued compared to its peers.
- Examining G Bits' 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 G Bits' management team can have a significant impact on its success or failure. Reviewing the track record and experience of G Bits' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of G Bits' stock. These opinions can provide insight into G Bits' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for 603444 Stock analysis
When running G Bits' price analysis, check to measure G Bits' 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 G Bits is operating at the current time. Most of G Bits' value examination focuses on studying past and present price action to predict the probability of G Bits' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move G Bits' price. Additionally, you may evaluate how the addition of G Bits to your portfolios can decrease your overall portfolio volatility.
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