Elite Color (China) Performance
| 002998 Stock | 6.88 0.40 5.49% |
On a scale of 0 to 100, Elite Color holds a performance score of 15. The firm shows a Beta (market volatility) of 0.0168, which means not very significant fluctuations relative to the market. As returns on the market increase, Elite Color's returns are expected to increase less than the market. However, during the bear market, the loss of holding Elite Color is expected to be smaller as well. Please check Elite Color's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether Elite Color's price patterns will revert.
Risk-Adjusted Performance
15 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Elite Color Environmental are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Elite Color sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Forward Dividend Yield 0.0176 | Payout Ratio 0.2778 | Forward Dividend Rate 0.1 | Ex Dividend Date 2024-06-13 |
1 | Improved Earnings Required Before Elite Color Environmental Resources Science Technology Co., Ltd. Shares Find Their Feet - Simply Wall St | 09/27/2024 |
2 | Small, but tough Ryan Millington seeks to topple Late Model Stock elites in South Carolina 400 - NASCAR | 11/21/2024 |
| Begin Period Cash Flow | 869.1 M |
Elite |
Elite Color Relative Risk vs. Return Landscape
If you would invest 510.00 in Elite Color Environmental on August 29, 2024 and sell it today you would earn a total of 178.00 from holding Elite Color Environmental or generate 34.9% return on investment over 90 days. Elite Color Environmental is generating 0.568% of daily returns and assumes 2.921% volatility on return distribution over the 90 days horizon. Simply put, 26% of stocks are less volatile than Elite, and 89% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Elite Color Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Elite Color's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Elite Color Environmental, and traders can use it to determine the average amount a Elite Color'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 = 0.1945
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| Small Returns | 002998 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.92 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.57 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Elite Color 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 Elite Color by adding it to a well-diversified portfolio.
Elite Color Fundamentals Growth
Elite Stock prices reflect investors' perceptions of the future prospects and financial health of Elite Color, and Elite Color 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 Elite Stock performance.
| Return On Equity | 0.0803 | ||||
| Return On Asset | 0.0416 | ||||
| Profit Margin | 0.06 % | ||||
| Operating Margin | 0.06 % | ||||
| Current Valuation | 2.58 B | ||||
| Shares Outstanding | 326.4 M | ||||
| Price To Book | 1.33 X | ||||
| Price To Sales | 0.95 X | ||||
| Revenue | 2.45 B | ||||
| Gross Profit | 176.32 M | ||||
| EBITDA | 275.2 M | ||||
| Net Income | 137.04 M | ||||
| Total Debt | 758.89 M | ||||
| Book Value Per Share | 5.21 X | ||||
| Cash Flow From Operations | 205.29 M | ||||
| Earnings Per Share | 0.31 X | ||||
| Total Asset | 2.46 B | ||||
| Retained Earnings | 673.04 M | ||||
About Elite Color Performance
By analyzing Elite Color's fundamental ratios, stakeholders can gain valuable insights into Elite Color's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Elite Color 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 Elite Color has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Elite Color is entity of China. It is traded as Stock on SHE exchange.Things to note about Elite Color Environmental performance evaluation
Checking the ongoing alerts about Elite Color for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Elite Color Environmental help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| About 55.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Small, but tough Ryan Millington seeks to topple Late Model Stock elites in South Carolina 400 - NASCAR |
- Analyzing Elite Color'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 Elite Color's stock is overvalued or undervalued compared to its peers.
- Examining Elite Color'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 Elite Color's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Elite Color's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Elite Color's stock. These opinions can provide insight into Elite Color's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Elite Stock analysis
When running Elite Color's price analysis, check to measure Elite Color'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 Elite Color is operating at the current time. Most of Elite Color's value examination focuses on studying past and present price action to predict the probability of Elite Color's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elite Color's price. Additionally, you may evaluate how the addition of Elite Color to your portfolios can decrease your overall portfolio volatility.
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