Zhejiang Huayou (China) Performance
| 603799 Stock | 29.22 0.27 0.93% |
The firm maintains a market beta of 0.0364, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Zhejiang Huayou's returns are expected to increase less than the market. However, during the bear market, the loss of holding Zhejiang Huayou is expected to be smaller as well. At this point, Zhejiang Huayou Cobalt has a negative expected return of -0.0542%. Please make sure to check out Zhejiang Huayou's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Zhejiang Huayou Cobalt performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Zhejiang Huayou Cobalt has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Zhejiang Huayou is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
Payout Ratio 0.5076 | Last Split Factor 1.3:1 | Ex Dividend Date 2024-06-17 | Last Split Date 2022-06-08 |
1 | Huayou Seeks 2.7 Billion for Ford-Backed Indonesia Nickel Plant - Yahoo Finance | 11/06/2024 |
2 | Earnings growth of 0.9 percent over 3 years hasnt been enough to translate into positive returns for Zhejiang Huayou Cobalt shareholders - Simply Wall St | 12/18/2024 |
| Begin Period Cash Flow | 8.6 B |
Zhejiang |
Zhejiang Huayou Relative Risk vs. Return Landscape
If you would invest 3,075 in Zhejiang Huayou Cobalt on October 30, 2024 and sell it today you would lose (153.00) from holding Zhejiang Huayou Cobalt or give up 4.98% of portfolio value over 90 days. Zhejiang Huayou Cobalt is generating negative expected returns and assumes 2.3458% volatility on return distribution over the 90 days horizon. Simply put, 20% of stocks are less volatile than Zhejiang, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Zhejiang Huayou Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zhejiang Huayou's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Zhejiang Huayou Cobalt, and traders can use it to determine the average amount a Zhejiang Huayou'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 = -0.0231
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| Negative Returns | 603799 |
Estimated Market Risk
| 2.35 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Zhejiang Huayou 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 Zhejiang Huayou by adding Zhejiang Huayou to a well-diversified portfolio.
Zhejiang Huayou Fundamentals Growth
Zhejiang Stock prices reflect investors' perceptions of the future prospects and financial health of Zhejiang Huayou, and Zhejiang Huayou 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 Zhejiang Stock performance.
| Return On Equity | 0.0923 | ||||
| Return On Asset | 0.0272 | ||||
| Profit Margin | 0.06 % | ||||
| Operating Margin | 0.15 % | ||||
| Current Valuation | 86.58 B | ||||
| Shares Outstanding | 1.69 B | ||||
| Price To Book | 1.39 X | ||||
| Price To Sales | 0.81 X | ||||
| Revenue | 66.3 B | ||||
| Gross Profit | 9.36 B | ||||
| EBITDA | 10.05 B | ||||
| Net Income | 3.35 B | ||||
| Total Debt | 15.05 B | ||||
| Book Value Per Share | 21.31 X | ||||
| Cash Flow From Operations | 3.49 B | ||||
| Earnings Per Share | 1.97 X | ||||
| Total Asset | 125.52 B | ||||
| Retained Earnings | 14.87 B | ||||
About Zhejiang Huayou Performance
By analyzing Zhejiang Huayou's fundamental ratios, stakeholders can gain valuable insights into Zhejiang Huayou's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Zhejiang Huayou 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 Zhejiang Huayou has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Zhejiang Huayou is entity of China. It is traded as Stock on SHG exchange.Things to note about Zhejiang Huayou Cobalt performance evaluation
Checking the ongoing alerts about Zhejiang Huayou for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Zhejiang Huayou Cobalt help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Zhejiang Huayou generated a negative expected return over the last 90 days | |
| Zhejiang Huayou is unlikely to experience financial distress in the next 2 years | |
| About 26.0% of the company shares are owned by insiders or employees |
- Analyzing Zhejiang Huayou'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 Zhejiang Huayou's stock is overvalued or undervalued compared to its peers.
- Examining Zhejiang Huayou'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 Zhejiang Huayou's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Zhejiang Huayou's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Zhejiang Huayou's stock. These opinions can provide insight into Zhejiang Huayou's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Zhejiang Stock analysis
When running Zhejiang Huayou's price analysis, check to measure Zhejiang Huayou'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 Zhejiang Huayou is operating at the current time. Most of Zhejiang Huayou's value examination focuses on studying past and present price action to predict the probability of Zhejiang Huayou's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zhejiang Huayou's price. Additionally, you may evaluate how the addition of Zhejiang Huayou to your portfolios can decrease your overall portfolio volatility.
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