Chengdu Bright (China) Performance
| 301239 Stock | 55.57 4.68 9.20% |
Chengdu Bright holds a performance score of 14 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.0178, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Chengdu Bright are expected to decrease at a much lower rate. During the bear market, Chengdu Bright is likely to outperform the market. Use Chengdu Bright semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to analyze future returns on Chengdu Bright.
Risk-Adjusted Performance
14 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Chengdu Bright Eye are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Chengdu Bright sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Forward Dividend Yield 0.0072 | Payout Ratio 0.1961 | Forward Dividend Rate 0.4 | Ex Dividend Date 2024-07-22 |
1 | Chengdu Bright Eye Hospital Group Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2024 - Marketscreener.com | 08/27/2024 |
2 | Chengdu Bright Eye Hospital Group Co., Ltd.s market cap increased by CN648m, insiders receive a 44 percent cut - Simply Wall St | 09/26/2024 |
| Begin Period Cash Flow | 926.2 M |
Chengdu |
Chengdu Bright Relative Risk vs. Return Landscape
If you would invest 3,175 in Chengdu Bright Eye on August 30, 2024 and sell it today you would earn a total of 2,382 from holding Chengdu Bright Eye or generate 75.02% return on investment over 90 days. Chengdu Bright Eye is generating 1.1904% of daily returns and assumes 6.4963% volatility on return distribution over the 90 days horizon. Simply put, 57% of stocks are less volatile than Chengdu, and 77% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Chengdu Bright Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Chengdu Bright's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Chengdu Bright Eye, and traders can use it to determine the average amount a Chengdu Bright'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 = 0.1832
| Best Portfolio | Best Equity | |||
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| Small Returns | 301239 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 6.5 actual daily | 57 57% of assets are less volatile |
Expected Return
| 1.19 actual daily | 23 77% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Chengdu Bright is performing at about 14% 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 Chengdu Bright by adding it to a well-diversified portfolio.
Chengdu Bright Fundamentals Growth
Chengdu Stock prices reflect investors' perceptions of the future prospects and financial health of Chengdu Bright, and Chengdu Bright 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 Chengdu Stock performance.
| Return On Equity | -0.0107 | ||||
| Return On Asset | 0.0182 | ||||
| Profit Margin | (0.01) % | ||||
| Operating Margin | 0.03 % | ||||
| Current Valuation | 9.58 B | ||||
| Shares Outstanding | 149.62 M | ||||
| Price To Book | 3.75 X | ||||
| Price To Sales | 3.05 X | ||||
| Revenue | 2.72 B | ||||
| Gross Profit | 798.13 M | ||||
| EBITDA | 239.07 M | ||||
| Net Income | 267.91 M | ||||
| Total Debt | 233.06 M | ||||
| Book Value Per Share | 14.90 X | ||||
| Cash Flow From Operations | 614.46 M | ||||
| Earnings Per Share | (0.22) X | ||||
| Total Asset | 4.82 B | ||||
| Retained Earnings | 392.29 M | ||||
About Chengdu Bright Performance
By analyzing Chengdu Bright's fundamental ratios, stakeholders can gain valuable insights into Chengdu Bright's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Chengdu Bright 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 Chengdu Bright has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Chengdu Bright is entity of China. It is traded as Stock on SHE exchange.Things to note about Chengdu Bright Eye performance evaluation
Checking the ongoing alerts about Chengdu Bright for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Chengdu Bright Eye help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Chengdu Bright Eye is way too risky over 90 days horizon | |
| Chengdu Bright Eye appears to be risky and price may revert if volatility continues | |
| About 56.0% of the company shares are owned by insiders or employees |
- Analyzing Chengdu Bright'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 Chengdu Bright's stock is overvalued or undervalued compared to its peers.
- Examining Chengdu Bright'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 Chengdu Bright's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Chengdu Bright's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Chengdu Bright's stock. These opinions can provide insight into Chengdu Bright's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Chengdu Stock analysis
When running Chengdu Bright's price analysis, check to measure Chengdu Bright'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 Chengdu Bright is operating at the current time. Most of Chengdu Bright's value examination focuses on studying past and present price action to predict the probability of Chengdu Bright's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chengdu Bright's price. Additionally, you may evaluate how the addition of Chengdu Bright to your portfolios can decrease your overall portfolio volatility.
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