Shengkai Innovations Performance
| VALVDelisted Stock | USD 0.0001 0.00 0.00% |
The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Shengkai Innovations are completely uncorrelated.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Shengkai Innovations has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable essential indicators, Shengkai Innovations is not utilizing all of its potentials. The current stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
| Begin Period Cash Flow | 59.9 M | |
| Total Cashflows From Investing Activities | -399.3 K |
Shengkai |
Shengkai Innovations Relative Risk vs. Return Landscape
If you would invest 0.01 in Shengkai Innovations on September 12, 2024 and sell it today you would earn a total of 0.00 from holding Shengkai Innovations or generate 0.0% return on investment over 90 days. Shengkai Innovations is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of pink sheets are less volatile than Shengkai, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Shengkai Innovations Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shengkai Innovations' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Shengkai Innovations, and traders can use it to determine the average amount a Shengkai Innovations' 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 = 0.0
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| VALV |
Based on monthly moving average Shengkai Innovations 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 Shengkai Innovations by adding Shengkai Innovations to a well-diversified portfolio.
Shengkai Innovations Fundamentals Growth
Shengkai Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Shengkai Innovations, and Shengkai Innovations 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 Shengkai Pink Sheet performance.
| Return On Equity | -0.0241 | ||||
| Return On Asset | -0.0172 | ||||
| Profit Margin | (0.20) % | ||||
| Operating Margin | (0.23) % | ||||
| Current Valuation | (63.74 M) | ||||
| Shares Outstanding | 17.2 M | ||||
| Price To Earning | (0.12) X | ||||
| Price To Book | 0.02 X | ||||
| Price To Sales | 0 X | ||||
| Revenue | 32.32 M | ||||
| EBITDA | 8.88 M | ||||
| Cash And Equivalents | 66.27 M | ||||
| Cash Per Share | 3.85 X | ||||
| Debt To Equity | 0.03 % | ||||
| Book Value Per Share | 8.03 X | ||||
| Cash Flow From Operations | 3.91 M | ||||
| Earnings Per Share | (0.20) X | ||||
| Total Asset | 143.6 M | ||||
| Retained Earnings | 45.09 M | ||||
| Current Asset | 82.47 M | ||||
| Current Liabilities | 3.52 M | ||||
About Shengkai Innovations Performance
Evaluating Shengkai Innovations' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Shengkai Innovations 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 Shengkai Innovations has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Shengkai Innovations, Inc., together with its subsidiaries, designs, manufactures, and distributes ceramic valves for industrial use in the Peoples Republic of China. The company is headquartered in Tianjin, the Peoples Republic of China. SHENGKAI INNOVATIONS operates under Industrial Distribution classification in the United States and is traded on PNK Exchange. It employs 135 people.Things to note about Shengkai Innovations performance evaluation
Checking the ongoing alerts about Shengkai Innovations for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Shengkai Innovations help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Shengkai Innovations is not yet fully synchronised with the market data | |
| Shengkai Innovations has some characteristics of a very speculative penny stock | |
| Shengkai Innovations has a very high chance of going through financial distress in the upcoming years |
- Analyzing Shengkai Innovations' 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 Shengkai Innovations' stock is overvalued or undervalued compared to its peers.
- Examining Shengkai Innovations' 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 Shengkai Innovations' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Shengkai Innovations' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Shengkai Innovations' pink sheet. These opinions can provide insight into Shengkai Innovations' potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Other Consideration for investing in Shengkai Pink Sheet
If you are still planning to invest in Shengkai Innovations check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Shengkai Innovations' history and understand the potential risks before investing.
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings |