China New Energy Stock Performance
| CNER Stock | USD 0.01 0.00 0.00% |
China New holds a performance score of 9 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -6.79, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning China New are expected to decrease by larger amounts. On the other hand, during market turmoil, China New is expected to outperform it. Use China New coefficient of variation, total risk alpha, as well as the relationship between the Total Risk Alpha and rate of daily change , to analyze future returns on China New.
Risk-Adjusted Performance
9 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in China New Energy are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Even with relatively weak technical and fundamental indicators, China New reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Total Cashflows From Investing Activities | -8.6 M |
China |
China New Relative Risk vs. Return Landscape
If you would invest 1.30 in China New Energy on September 1, 2024 and sell it today you would lose (0.50) from holding China New Energy or give up 38.46% of portfolio value over 90 days. China New Energy is currently generating 8.404% in daily expected returns and assumes 68.8795% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than China, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
China New Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for China New's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as China New Energy, and traders can use it to determine the average amount a China New'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 = 0.122
| Best Portfolio | Best Equity | CNER | ||
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Estimated Market Risk
| 68.88 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average China New is performing at about 9% 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 China New by adding it to a well-diversified portfolio.
China New Fundamentals Growth
China Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of China New, and China New 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 China Pink Sheet performance.
| Return On Equity | -1.12 | |||
| Return On Asset | 0.0761 | |||
| Profit Margin | (0.97) % | |||
| Operating Margin | 0.43 % | |||
| Current Valuation | 1.61 M | |||
| Shares Outstanding | 107.07 M | |||
| Price To Earning | (0.01) X | |||
| Price To Sales | 0.18 X | |||
| Revenue | 11.77 M | |||
| EBITDA | 5.81 M | |||
| Cash And Equivalents | 580.73 K | |||
| Book Value Per Share | (0.26) X | |||
| Cash Flow From Operations | 844.89 K | |||
| Earnings Per Share | (0.19) X | |||
| Total Asset | 40.23 M | |||
| Retained Earnings | (16 M) | |||
| Current Asset | 11 M | |||
| Current Liabilities | 60 M | |||
About China New Performance
Assessing China New's fundamental ratios provides investors with valuable insights into China New's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the China New is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
China New Energy Group Company, a natural gas company, engages in the development, construction, and operation of natural gas distribution networks. Its distribution networks provide natural gas to an aggregate of approximately 64,000 consumers. China New operates under Shell Companies classification in the United States and is traded on OTC Exchange. It employs 130 people.Things to note about China New Energy performance evaluation
Checking the ongoing alerts about China New for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for China New Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| China New Energy is way too risky over 90 days horizon | |
| China New Energy has some characteristics of a very speculative penny stock | |
| China New Energy appears to be risky and price may revert if volatility continues | |
| China New Energy has high likelihood to experience some financial distress in the next 2 years | |
| The company has a current ratio of 0.17, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist China New until it has trouble settling it off, either with new capital or with free cash flow. So, China New's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like China New Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for China to invest in growth at high rates of return. When we think about China New's use of debt, we should always consider it together with cash and equity. |
- Analyzing China New'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 China New's stock is overvalued or undervalued compared to its peers.
- Examining China New'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 China New's management team can have a significant impact on its success or failure. Reviewing the track record and experience of China New's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of China New's pink sheet. These opinions can provide insight into China New's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for China Pink Sheet Analysis
When running China New's price analysis, check to measure China New'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 China New is operating at the current time. Most of China New's value examination focuses on studying past and present price action to predict the probability of China New's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China New's price. Additionally, you may evaluate how the addition of China New to your portfolios can decrease your overall portfolio volatility.