CareRay Digital (China) Performance
| 688607 Stock | 15.96 0.01 0.06% |
CareRay Digital has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.35, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, CareRay Digital's returns are expected to increase less than the market. However, during the bear market, the loss of holding CareRay Digital is expected to be smaller as well. CareRay Digital Medical right now shows a risk of 2.14%. Please confirm CareRay Digital Medical standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if CareRay Digital Medical will be following its price patterns.
Risk-Adjusted Performance
Weak
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in CareRay Digital Medical are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong basic indicators, CareRay Digital is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
Forward Dividend Yield 0.0034 | Payout Ratio 0.2 | Forward Dividend Rate 0.05 | Ex Dividend Date 2024-06-17 |
| Begin Period Cash Flow | 198.3 M | |
| Free Cash Flow | -21.7 M |
CareRay |
CareRay Digital Relative Risk vs. Return Landscape
If you would invest 1,564 in CareRay Digital Medical on November 29, 2024 and sell it today you would earn a total of 31.00 from holding CareRay Digital Medical or generate 1.98% return on investment over 90 days. CareRay Digital Medical is generating 0.0572% of daily returns and assumes 2.1409% volatility on return distribution over the 90 days horizon. Simply put, 19% of stocks are less volatile than CareRay, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
CareRay Digital Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CareRay Digital's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as CareRay Digital Medical, and traders can use it to determine the average amount a CareRay Digital'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 = 0.0267
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| Cash | Small Risk | 688607 | High Risk | Huge Risk |
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Estimated Market Risk
| 2.14 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average CareRay Digital is performing at about 2% 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 CareRay Digital by adding it to a well-diversified portfolio.
CareRay Digital Fundamentals Growth
CareRay Stock prices reflect investors' perceptions of the future prospects and financial health of CareRay Digital, and CareRay Digital 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 CareRay Stock performance.
| Return On Equity | 0.0289 | ||||
| Return On Asset | 0.0119 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | 0.10 % | ||||
| Current Valuation | 989.37 M | ||||
| Shares Outstanding | 88.13 M | ||||
| Price To Book | 1.65 X | ||||
| Price To Sales | 4.85 X | ||||
| Revenue | 273.74 M | ||||
| Gross Profit | 119.48 M | ||||
| EBITDA | 23.19 M | ||||
| Net Income | 15.41 M | ||||
| Total Debt | 8.12 M | ||||
| Book Value Per Share | 9.77 X | ||||
| Cash Flow From Operations | 21.48 M | ||||
| Earnings Per Share | 0.27 X | ||||
| Total Asset | 947.3 M | ||||
| Retained Earnings | 191.09 M | ||||
About CareRay Digital Performance
By analyzing CareRay Digital's fundamental ratios, stakeholders can gain valuable insights into CareRay Digital's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if CareRay Digital 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 CareRay Digital has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
CareRay Digital is entity of China. It is traded as Stock on SHG exchange.Things to note about CareRay Digital Medical performance evaluation
Checking the ongoing alerts about CareRay Digital for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for CareRay Digital Medical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| About 47.0% of the company shares are owned by insiders or employees |
- Analyzing CareRay Digital'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 CareRay Digital's stock is overvalued or undervalued compared to its peers.
- Examining CareRay Digital'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 CareRay Digital's management team can have a significant impact on its success or failure. Reviewing the track record and experience of CareRay Digital's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of CareRay Digital's stock. These opinions can provide insight into CareRay Digital's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for CareRay Stock analysis
When running CareRay Digital's price analysis, check to measure CareRay Digital'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 CareRay Digital is operating at the current time. Most of CareRay Digital's value examination focuses on studying past and present price action to predict the probability of CareRay Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CareRay Digital's price. Additionally, you may evaluate how the addition of CareRay Digital to your portfolios can decrease your overall portfolio volatility.
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