Changjiang Jinggong (China) Performance
| 600496 Stock | 3.01 0.02 0.67% |
On a scale of 0 to 100, Changjiang Jinggong holds a performance score of 13. The firm shows a Beta (market volatility) of -0.72, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Changjiang Jinggong are expected to decrease at a much lower rate. During the bear market, Changjiang Jinggong is likely to outperform the market. Please check Changjiang Jinggong's downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Changjiang Jinggong's price patterns will revert.
Risk-Adjusted Performance
13 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Changjiang Jinggong Steel are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Changjiang Jinggong sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Payout Ratio 0.2653 | Last Split Factor 22:10 | Ex Dividend Date 2024-07-01 | Last Split Date 2015-05-22 |
1 | Japan Pre-painted Aluminum Sheets Market Size Outlook, 2030 - Grand View Research | 10/24/2024 |
| Begin Period Cash Flow | 2 B |
Changjiang |
Changjiang Jinggong Relative Risk vs. Return Landscape
If you would invest 240.00 in Changjiang Jinggong Steel on August 28, 2024 and sell it today you would earn a total of 61.00 from holding Changjiang Jinggong Steel or generate 25.42% return on investment over 90 days. Changjiang Jinggong Steel is generating 0.428% of daily returns and assumes 2.4709% volatility on return distribution over the 90 days horizon. Simply put, 22% of stocks are less volatile than Changjiang, and 92% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Changjiang Jinggong Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Changjiang Jinggong's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Changjiang Jinggong Steel, and traders can use it to determine the average amount a Changjiang Jinggong'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 = 0.1732
| Best Portfolio | Best Equity | |||
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| Small Returns | 600496 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.47 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.43 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Changjiang Jinggong is performing at about 13% 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 Changjiang Jinggong by adding it to a well-diversified portfolio.
Changjiang Jinggong Fundamentals Growth
Changjiang Stock prices reflect investors' perceptions of the future prospects and financial health of Changjiang Jinggong, and Changjiang Jinggong 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 Changjiang Stock performance.
| Return On Equity | 0.0584 | ||||
| Return On Asset | 0.0126 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 4.67 B | ||||
| Shares Outstanding | 2.01 B | ||||
| Price To Book | 0.68 X | ||||
| Price To Sales | 0.35 X | ||||
| Revenue | 16.51 B | ||||
| Gross Profit | 2.21 B | ||||
| EBITDA | 616.96 M | ||||
| Net Income | 548.39 M | ||||
| Total Debt | 1.23 B | ||||
| Book Value Per Share | 4.47 X | ||||
| Cash Flow From Operations | 470.53 M | ||||
| Earnings Per Share | 0.23 X | ||||
| Total Asset | 23.33 B | ||||
| Retained Earnings | 4.43 B | ||||
About Changjiang Jinggong Performance
By analyzing Changjiang Jinggong's fundamental ratios, stakeholders can gain valuable insights into Changjiang Jinggong's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Changjiang Jinggong 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 Changjiang Jinggong has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Changjiang Jinggong is entity of China. It is traded as Stock on SHG exchange.Things to note about Changjiang Jinggong Steel performance evaluation
Checking the ongoing alerts about Changjiang Jinggong for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Changjiang Jinggong Steel help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Changjiang Jinggong is unlikely to experience financial distress in the next 2 years | |
| About 29.0% of the company shares are owned by insiders or employees |
- Analyzing Changjiang Jinggong'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 Changjiang Jinggong's stock is overvalued or undervalued compared to its peers.
- Examining Changjiang Jinggong'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 Changjiang Jinggong's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Changjiang Jinggong's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Changjiang Jinggong's stock. These opinions can provide insight into Changjiang Jinggong's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Changjiang Stock analysis
When running Changjiang Jinggong's price analysis, check to measure Changjiang Jinggong'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 Changjiang Jinggong is operating at the current time. Most of Changjiang Jinggong's value examination focuses on studying past and present price action to predict the probability of Changjiang Jinggong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Changjiang Jinggong's price. Additionally, you may evaluate how the addition of Changjiang Jinggong to your portfolios can decrease your overall portfolio volatility.
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