China Fund Return On Equity
| CHN Fund | USD 11.58 0.33 2.77% |
China Fund fundamentals help investors to digest information that contributes to China Fund's financial success or failures. It also enables traders to predict the movement of China Fund. The fundamental analysis module provides a way to measure China Fund's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to China Fund fund.
China |
China Fund Fund Return On Equity Analysis
China Fund's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current China Fund Return On Equity | -43.62 |
Most of China Fund's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, China Fund is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, China Fund has a Return On Equity of -43.62. This is much lower than that of the Financial Services family and significantly lower than that of the Asset Management category. The return on equity for all United States funds is notably higher than that of the company.
China Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses China Fund's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of China Fund could also be used in its relative valuation, which is a method of valuing China Fund by comparing valuation metrics of similar companies.China Fund is currently under evaluation in return on equity among similar funds.
China Fundamentals
| Return On Equity | -43.62 | |||
| Return On Asset | 0.21 | |||
| Operating Margin | 22.49 % | |||
| Current Valuation | 123.74 M | |||
| Shares Outstanding | 10.44 M | |||
| Shares Owned By Insiders | 0.66 % | |||
| Shares Owned By Institutions | 71.01 % | |||
| Number Of Shares Shorted | 3.91 K | |||
| Price To Earning | 11.11 X | |||
| Price To Book | 0.80 X | |||
| Price To Sales | 32.73 X | |||
| Revenue | 3.83 M | |||
| Gross Profit | 4.07 M | |||
| Net Income | (108.24 M) | |||
| Cash And Equivalents | 38.13 K | |||
| Total Debt | 2.26 M | |||
| Debt To Equity | 0.01 % | |||
| Current Ratio | 0.07 X | |||
| Book Value Per Share | 15.03 X | |||
| Cash Flow From Operations | 61.48 M | |||
| Short Ratio | 0.09 X | |||
| Earnings Per Share | 1.08 X | |||
| Number Of Employees | 12 | |||
| Beta | 0.41 | |||
| Market Capitalization | 145.9 M | |||
| Total Asset | 437.87 M | |||
| Retained Earnings | 14.16 M | |||
| Annual Yield | 0 % | |||
| Year To Date Return | 21.04 % | |||
| One Year Return | 14.70 % | |||
| Three Year Return | (12.43) % | |||
| Five Year Return | 0.16 % | |||
| Last Dividend Paid | 0.04 |
About China Fund Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze China Fund's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of China Fund using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of China Fund based on its fundamental data. In general, a quantitative approach, as applied to this fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with China Fund
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if China Fund position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in China Fund will appreciate offsetting losses from the drop in the long position's value.Moving together with China Fund
| 0.64 | SMPIX | Semiconductor Ultrasector | PairCorr |
| 0.68 | SMPSX | Semiconductor Ultrasector | PairCorr |
| 0.87 | RSNRX | Victory Global Natural | PairCorr |
| 0.87 | RSNYX | Victory Global Natural | PairCorr |
| 0.64 | FIKGX | Fidelity Advisor Sem | PairCorr |
The ability to find closely correlated positions to China Fund could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace China Fund when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back China Fund - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling China Fund to buy it.
The correlation of China Fund is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as China Fund moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if China Fund moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for China Fund can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in China Fund
China Fund financial ratios help investors to determine whether China Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in China with respect to the benefits of owning China Fund security.
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
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| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities |