Qingdao NovelBeam (China) Performance
| 688677 Stock | 35.83 0.39 1.08% |
On a scale of 0 to 100, Qingdao NovelBeam holds a performance score of 10. The company holds a Beta of -0.42, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Qingdao NovelBeam are expected to decrease at a much lower rate. During the bear market, Qingdao NovelBeam is likely to outperform the market. Please check Qingdao NovelBeam's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Qingdao NovelBeam's historical price patterns will revert.
Risk-Adjusted Performance
10 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Qingdao NovelBeam Technology are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Qingdao NovelBeam sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Forward Dividend Yield 0.0154 | Payout Ratio 0.5288 | Last Split Factor 1.4:1 | Forward Dividend Rate 0.55 | Ex Dividend Date 2024-06-11 |
| Begin Period Cash Flow | 636.1 M |
Qingdao |
Qingdao NovelBeam Relative Risk vs. Return Landscape
If you would invest 2,797 in Qingdao NovelBeam Technology on August 29, 2024 and sell it today you would earn a total of 786.00 from holding Qingdao NovelBeam Technology or generate 28.1% return on investment over 90 days. Qingdao NovelBeam Technology is generating 0.5048% of daily returns and assumes 3.9727% volatility on return distribution over the 90 days horizon. Simply put, 35% of stocks are less volatile than Qingdao, and 90% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Qingdao NovelBeam Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Qingdao NovelBeam's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Qingdao NovelBeam Technology, and traders can use it to determine the average amount a Qingdao NovelBeam'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 = 0.1271
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 688677 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.97 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.5 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Qingdao NovelBeam is performing at about 10% 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 Qingdao NovelBeam by adding it to a well-diversified portfolio.
Qingdao NovelBeam Fundamentals Growth
Qingdao Stock prices reflect investors' perceptions of the future prospects and financial health of Qingdao NovelBeam, and Qingdao NovelBeam 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 Qingdao Stock performance.
| Return On Equity | 0.096 | ||||
| Return On Asset | 0.0581 | ||||
| Profit Margin | 0.30 % | ||||
| Operating Margin | 0.41 % | ||||
| Current Valuation | 3.81 B | ||||
| Shares Outstanding | 120.61 M | ||||
| Price To Book | 3.37 X | ||||
| Price To Sales | 10.52 X | ||||
| Revenue | 470.6 M | ||||
| Gross Profit | 306.82 M | ||||
| EBITDA | 158.09 M | ||||
| Net Income | 145.71 M | ||||
| Total Debt | 2.29 M | ||||
| Book Value Per Share | 10.91 X | ||||
| Cash Flow From Operations | 158.12 M | ||||
| Earnings Per Share | 1.04 X | ||||
| Total Asset | 1.39 B | ||||
| Retained Earnings | 517.77 M | ||||
About Qingdao NovelBeam Performance
By analyzing Qingdao NovelBeam's fundamental ratios, stakeholders can gain valuable insights into Qingdao NovelBeam's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Qingdao NovelBeam 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 Qingdao NovelBeam has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Qingdao NovelBeam is entity of China. It is traded as Stock on SHG exchange.Things to note about Qingdao NovelBeam performance evaluation
Checking the ongoing alerts about Qingdao NovelBeam for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Qingdao NovelBeam help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Qingdao NovelBeam appears to be risky and price may revert if volatility continues | |
| About 40.0% of the company shares are owned by insiders or employees |
- Analyzing Qingdao NovelBeam'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 Qingdao NovelBeam's stock is overvalued or undervalued compared to its peers.
- Examining Qingdao NovelBeam'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 Qingdao NovelBeam's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Qingdao NovelBeam's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Qingdao NovelBeam's stock. These opinions can provide insight into Qingdao NovelBeam's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Qingdao Stock analysis
When running Qingdao NovelBeam's price analysis, check to measure Qingdao NovelBeam'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 Qingdao NovelBeam is operating at the current time. Most of Qingdao NovelBeam's value examination focuses on studying past and present price action to predict the probability of Qingdao NovelBeam's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Qingdao NovelBeam's price. Additionally, you may evaluate how the addition of Qingdao NovelBeam to your portfolios can decrease your overall portfolio volatility.
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |