Guangdong Skychem (China) Performance
| 688603 Stock | 120.00 1.51 1.27% |
On a scale of 0 to 100, Guangdong Skychem holds a performance score of 15. The company retains a Market Volatility (i.e., Beta) of 0.7, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Guangdong Skychem's returns are expected to increase less than the market. However, during the bear market, the loss of holding Guangdong Skychem is expected to be smaller as well. Please check Guangdong Skychem's downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Guangdong Skychem's current trending patterns will revert.
Risk-Adjusted Performance
15 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Guangdong Skychem Technology are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Guangdong Skychem sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Forward Dividend Yield 0.0063 |
| Dividend Yield | 0.0063 |
Guangdong |
Guangdong Skychem Relative Risk vs. Return Landscape
If you would invest 7,374 in Guangdong Skychem Technology on September 28, 2024 and sell it today you would earn a total of 4,626 from holding Guangdong Skychem Technology or generate 62.73% return on investment over 90 days. Guangdong Skychem Technology is generating 0.9259% of daily returns and assumes 4.7716% volatility on return distribution over the 90 days horizon. Simply put, 42% of stocks are less volatile than Guangdong, and 82% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Guangdong Skychem Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guangdong Skychem's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Guangdong Skychem Technology, and traders can use it to determine the average amount a Guangdong Skychem'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 = 0.194
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 688603 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.77 actual daily | 42 58% of assets are more volatile |
Expected Return
| 0.93 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Guangdong Skychem is performing at about 15% 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 Guangdong Skychem by adding it to a well-diversified portfolio.
Guangdong Skychem Fundamentals Growth
Guangdong Stock prices reflect investors' perceptions of the future prospects and financial health of Guangdong Skychem, and Guangdong Skychem 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 Guangdong Stock performance.
| Current Valuation | 6.45 B | |||
| Price To Book | 6.58 X | |||
| Price To Sales | 20.28 X | |||
About Guangdong Skychem Performance
By analyzing Guangdong Skychem's fundamental ratios, stakeholders can gain valuable insights into Guangdong Skychem's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Guangdong Skychem 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 Guangdong Skychem has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Guangdong Skychem is entity of China. It is traded as Stock on SHG exchange.Things to note about Guangdong Skychem performance evaluation
Checking the ongoing alerts about Guangdong Skychem for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Guangdong Skychem help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Guangdong Skychem appears to be risky and price may revert if volatility continues |
- Analyzing Guangdong Skychem'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 Guangdong Skychem's stock is overvalued or undervalued compared to its peers.
- Examining Guangdong Skychem'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 Guangdong Skychem's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Guangdong Skychem's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Guangdong Skychem's stock. These opinions can provide insight into Guangdong Skychem's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Guangdong Stock analysis
When running Guangdong Skychem's price analysis, check to measure Guangdong Skychem'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 Guangdong Skychem is operating at the current time. Most of Guangdong Skychem's value examination focuses on studying past and present price action to predict the probability of Guangdong Skychem's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Guangdong Skychem's price. Additionally, you may evaluate how the addition of Guangdong Skychem to your portfolios can decrease your overall portfolio volatility.
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