Chongqing Gas (China) Performance
| 600917 Stock | 5.78 0.07 1.23% |
The firm shows a Beta (market volatility) of 0.0921, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Chongqing Gas' returns are expected to increase less than the market. However, during the bear market, the loss of holding Chongqing Gas is expected to be smaller as well. At this point, Chongqing Gas Grp has a negative expected return of -0.052%. Please make sure to confirm Chongqing Gas' standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Chongqing Gas Grp performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Chongqing Gas Grp has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Chongqing Gas is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
Payout Ratio 0.3063 | Ex Dividend Date 2024-10-25 |
1 | EOG Resources set to boost shareholder returns - Reuters | 11/08/2024 |
| Begin Period Cash Flow | 1.6 B |
Chongqing |
Chongqing Gas Relative Risk vs. Return Landscape
If you would invest 601.00 in Chongqing Gas Grp on November 3, 2024 and sell it today you would lose (23.00) from holding Chongqing Gas Grp or give up 3.83% of portfolio value over 90 days. Chongqing Gas Grp is generating negative expected returns and assumes 1.5622% volatility on return distribution over the 90 days horizon. Simply put, 13% of stocks are less volatile than Chongqing, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Chongqing Gas Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Chongqing Gas' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Chongqing Gas Grp, and traders can use it to determine the average amount a Chongqing Gas' 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 = -0.0333
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 600917 |
Estimated Market Risk
| 1.56 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Chongqing Gas is not performing at its full potential. However, 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 Chongqing Gas by adding Chongqing Gas to a well-diversified portfolio.
Chongqing Gas Fundamentals Growth
Chongqing Stock prices reflect investors' perceptions of the future prospects and financial health of Chongqing Gas, and Chongqing Gas 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 Chongqing Stock performance.
| Return On Equity | 0.0781 | ||||
| Return On Asset | 0.0242 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 8.86 B | ||||
| Shares Outstanding | 1.57 B | ||||
| Price To Book | 1.65 X | ||||
| Price To Sales | 0.90 X | ||||
| Revenue | 10.2 B | ||||
| Gross Profit | 961.17 M | ||||
| EBITDA | 697.75 M | ||||
| Net Income | 498.51 M | ||||
| Total Debt | 364 M | ||||
| Book Value Per Share | 3.51 X | ||||
| Cash Flow From Operations | 444.22 M | ||||
| Earnings Per Share | 0.32 X | ||||
| Total Asset | 10.35 B | ||||
| Retained Earnings | 2.32 B | ||||
About Chongqing Gas Performance
By analyzing Chongqing Gas' fundamental ratios, stakeholders can gain valuable insights into Chongqing Gas' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Chongqing Gas 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 Chongqing Gas has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Chongqing Gas is entity of China. It is traded as Stock on SHG exchange.Things to note about Chongqing Gas Grp performance evaluation
Checking the ongoing alerts about Chongqing Gas for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Chongqing Gas Grp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Chongqing Gas Grp generated a negative expected return over the last 90 days | |
| About 60.0% of the company shares are owned by insiders or employees |
- Analyzing Chongqing Gas' 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 Chongqing Gas' stock is overvalued or undervalued compared to its peers.
- Examining Chongqing Gas' 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 Chongqing Gas' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Chongqing Gas' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Chongqing Gas' stock. These opinions can provide insight into Chongqing Gas' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Chongqing Stock analysis
When running Chongqing Gas' price analysis, check to measure Chongqing Gas' 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 Chongqing Gas is operating at the current time. Most of Chongqing Gas' value examination focuses on studying past and present price action to predict the probability of Chongqing Gas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chongqing Gas' price. Additionally, you may evaluate how the addition of Chongqing Gas to your portfolios can decrease your overall portfolio volatility.
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Money Managers Screen money managers from public funds and ETFs managed around the world |