Rongsheng Petrochemical (China) Performance
| 002493 Stock | 9.44 0.45 4.55% |
Rongsheng Petrochemical has a performance score of 6 on a scale of 0 to 100. The company holds a Beta of -0.45, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Rongsheng Petrochemical are expected to decrease at a much lower rate. During the bear market, Rongsheng Petrochemical is likely to outperform the market. Rongsheng Petrochemical right now holds a risk of 2.28%. Please check Rongsheng Petrochemical semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and standard deviation , to decide if Rongsheng Petrochemical will be following its historical price patterns.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Rongsheng Petrochemical Co are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Rongsheng Petrochemical may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
Forward Dividend Yield 0.0106 | Payout Ratio 0.495 | Last Split Factor 1.5:1 | Forward Dividend Rate 0.1 | Ex Dividend Date 2024-06-05 |
1 | Rongsheng Petrochemical Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2024 - Marketscreener.com | 08/27/2024 |
2 | The Return Trends At Rongsheng Petrochemical Look Promising - Simply Wall St | 09/13/2024 |
3 | Aramco and Rongsheng Petrochemical sign framework agreement for SASREF expansion in Saudi Arabia - Yahoo Voices | 11/20/2024 |
| Begin Period Cash Flow | 15.5 B |
Rongsheng |
Rongsheng Petrochemical Relative Risk vs. Return Landscape
If you would invest 863.00 in Rongsheng Petrochemical Co on August 25, 2024 and sell it today you would earn a total of 81.00 from holding Rongsheng Petrochemical Co or generate 9.39% return on investment over 90 days. Rongsheng Petrochemical Co is generating 0.1778% of daily returns and assumes 2.278% volatility on return distribution over the 90 days horizon. Simply put, 20% of stocks are less volatile than Rongsheng, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Rongsheng Petrochemical Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rongsheng Petrochemical's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Rongsheng Petrochemical Co, and traders can use it to determine the average amount a Rongsheng Petrochemical'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 = 0.078
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 002493 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.28 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Rongsheng Petrochemical is performing at about 6% 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 Rongsheng Petrochemical by adding it to a well-diversified portfolio.
Rongsheng Petrochemical Fundamentals Growth
Rongsheng Stock prices reflect investors' perceptions of the future prospects and financial health of Rongsheng Petrochemical, and Rongsheng Petrochemical 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 Rongsheng Stock performance.
| Return On Equity | 0.0351 | ||||
| Return On Asset | 0.0195 | ||||
| Profit Margin | 0.01 % | ||||
| Operating Margin | 0.03 % | ||||
| Current Valuation | 267.27 B | ||||
| Shares Outstanding | 10.13 B | ||||
| Price To Book | 2.18 X | ||||
| Price To Sales | 0.29 X | ||||
| Revenue | 325.11 B | ||||
| Gross Profit | 30.97 B | ||||
| EBITDA | 23.56 B | ||||
| Net Income | 1.6 B | ||||
| Total Debt | 200.47 B | ||||
| Book Value Per Share | 4.58 X | ||||
| Cash Flow From Operations | 28.08 B | ||||
| Earnings Per Share | 0.20 X | ||||
| Total Asset | 374.92 B | ||||
| Retained Earnings | 28.86 B | ||||
About Rongsheng Petrochemical Performance
By analyzing Rongsheng Petrochemical's fundamental ratios, stakeholders can gain valuable insights into Rongsheng Petrochemical's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Rongsheng Petrochemical 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 Rongsheng Petrochemical has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Rongsheng Petrochemical is entity of China. It is traded as Stock on SHE exchange.Things to note about Rongsheng Petrochemical performance evaluation
Checking the ongoing alerts about Rongsheng Petrochemical for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Rongsheng Petrochemical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Rongsheng Petrochemical has high likelihood to experience some financial distress in the next 2 years | |
| About 74.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Aramco and Rongsheng Petrochemical sign framework agreement for SASREF expansion in Saudi Arabia - Yahoo Voices |
- Analyzing Rongsheng Petrochemical'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 Rongsheng Petrochemical's stock is overvalued or undervalued compared to its peers.
- Examining Rongsheng Petrochemical'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 Rongsheng Petrochemical's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Rongsheng Petrochemical's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Rongsheng Petrochemical's stock. These opinions can provide insight into Rongsheng Petrochemical's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Rongsheng Stock analysis
When running Rongsheng Petrochemical's price analysis, check to measure Rongsheng Petrochemical'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 Rongsheng Petrochemical is operating at the current time. Most of Rongsheng Petrochemical's value examination focuses on studying past and present price action to predict the probability of Rongsheng Petrochemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rongsheng Petrochemical's price. Additionally, you may evaluate how the addition of Rongsheng Petrochemical to your portfolios can decrease your overall portfolio volatility.
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities |