Hi Trend (China) Performance
| 688391 Stock | 31.38 0.29 0.92% |
On a scale of 0 to 100, Hi Trend holds a performance score of 8. The company owns a Beta (Systematic Risk) of -0.34, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Hi Trend are expected to decrease at a much lower rate. During the bear market, Hi Trend is likely to outperform the market. Please check Hi Trend's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether Hi Trend's current price history will revert.
Risk-Adjusted Performance
8 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Hi Trend TechCo are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Hi Trend sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Forward Dividend Yield 0.0253 | Payout Ratio 1.1343 | Last Split Factor 1.45:1 | Forward Dividend Rate 0.8 | Ex Dividend Date 2024-05-14 |
1 | New Trend International Logis-Tech Co.,Ltd. Stock Rockets 29 percent But Many Are Still Ignoring The Company - Simply Wall St | 08/23/2024 |
2 | Hi-Target Navigation Tech Co.,Ltds 45 percent Share Price Surge Not Quite Adding Up - Simply Wall St | 09/27/2024 |
| Begin Period Cash Flow | 550 M |
688391 |
Hi Trend Relative Risk vs. Return Landscape
If you would invest 2,463 in Hi Trend TechCo on August 28, 2024 and sell it today you would earn a total of 675.00 from holding Hi Trend TechCo or generate 27.41% return on investment over 90 days. Hi Trend TechCo is generating 0.5395% of daily returns and assumes 5.0441% volatility on return distribution over the 90 days horizon. Simply put, 44% of stocks are less volatile than 688391, and 90% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Hi Trend Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hi Trend's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Hi Trend TechCo, and traders can use it to determine the average amount a Hi Trend'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 = 0.107
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 688391 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.04 actual daily | 44 56% of assets are more volatile |
Expected Return
| 0.54 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Hi Trend is performing at about 8% 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 Hi Trend by adding it to a well-diversified portfolio.
Hi Trend Fundamentals Growth
688391 Stock prices reflect investors' perceptions of the future prospects and financial health of Hi Trend, and Hi Trend 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 688391 Stock performance.
| Return On Equity | 0.0436 | ||||
| Return On Asset | 0.0048 | ||||
| Profit Margin | 0.15 % | ||||
| Operating Margin | 0.07 % | ||||
| Current Valuation | 2.59 B | ||||
| Shares Outstanding | 114.59 M | ||||
| Price To Book | 1.96 X | ||||
| Price To Sales | 6.24 X | ||||
| Revenue | 603.05 M | ||||
| Gross Profit | 364.39 M | ||||
| EBITDA | 25.75 M | ||||
| Net Income | 131.43 M | ||||
| Total Debt | 4.66 M | ||||
| Book Value Per Share | 15.67 X | ||||
| Cash Flow From Operations | 45.84 M | ||||
| Earnings Per Share | 0.71 X | ||||
| Total Asset | 2.16 B | ||||
| Retained Earnings | 366.93 M | ||||
About Hi Trend Performance
By analyzing Hi Trend's fundamental ratios, stakeholders can gain valuable insights into Hi Trend's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Hi Trend 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 Hi Trend has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Hi Trend is entity of China. It is traded as Stock on SHG exchange.Things to note about Hi Trend TechCo performance evaluation
Checking the ongoing alerts about Hi Trend for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Hi Trend TechCo help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Hi Trend TechCo is way too risky over 90 days horizon | |
| Hi Trend TechCo appears to be risky and price may revert if volatility continues | |
| Hi Trend TechCo is unlikely to experience financial distress in the next 2 years | |
| About 63.0% of the company shares are owned by insiders or employees |
- Analyzing Hi Trend'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 Hi Trend's stock is overvalued or undervalued compared to its peers.
- Examining Hi Trend'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 Hi Trend's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hi Trend's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Hi Trend's stock. These opinions can provide insight into Hi Trend's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for 688391 Stock analysis
When running Hi Trend's price analysis, check to measure Hi Trend'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 Hi Trend is operating at the current time. Most of Hi Trend's value examination focuses on studying past and present price action to predict the probability of Hi Trend's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hi Trend's price. Additionally, you may evaluate how the addition of Hi Trend to your portfolios can decrease your overall portfolio volatility.
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine |