Shandong Weigao Group Stock Performance
| SHWGY Stock | USD 2.45 0.09 3.54% |
The entity has a beta of 0.26, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Shandong Weigao's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shandong Weigao is expected to be smaller as well. At this point, Shandong Weigao Group has a negative expected return of -0.0628%. Please make sure to validate Shandong Weigao's mean deviation, total risk alpha, as well as the relationship between the Total Risk Alpha and rate of daily change , to decide if Shandong Weigao Group 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 Shandong Weigao Group has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong technical and fundamental indicators, Shandong Weigao is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 5.5 B | |
| Total Cashflows From Investing Activities | -1.5 B |
Shandong |
Shandong Weigao Relative Risk vs. Return Landscape
If you would invest 263.00 in Shandong Weigao Group on November 3, 2024 and sell it today you would lose (18.00) from holding Shandong Weigao Group or give up 6.84% of portfolio value over 90 days. Shandong Weigao Group is currently producing negative expected returns and takes up 3.3804% volatility of returns over 90 trading days. Put another way, 30% of traded pink sheets are less volatile than Shandong, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Shandong Weigao Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shandong Weigao's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Shandong Weigao Group, and traders can use it to determine the average amount a Shandong Weigao'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 = -0.0186
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SHWGY |
Estimated Market Risk
| 3.38 actual daily | 30 70% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Shandong Weigao 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 Shandong Weigao by adding Shandong Weigao to a well-diversified portfolio.
Shandong Weigao Fundamentals Growth
Shandong Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Shandong Weigao, and Shandong Weigao 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 Shandong Pink Sheet performance.
| Return On Equity | 0.13 | |||
| Return On Asset | 0.0604 | |||
| Profit Margin | 0.18 % | |||
| Operating Margin | 0.22 % | |||
| Current Valuation | 6.75 B | |||
| Shares Outstanding | 1.13 B | |||
| Price To Earning | 19.07 X | |||
| Price To Book | 2.18 X | |||
| Price To Sales | 0.51 X | |||
| Revenue | 13.15 B | |||
| EBITDA | 2.98 B | |||
| Cash And Equivalents | 7.15 B | |||
| Cash Per Share | 6.26 X | |||
| Total Debt | 3.46 B | |||
| Debt To Equity | 0.20 % | |||
| Book Value Per Share | 18.04 X | |||
| Cash Flow From Operations | 3.04 B | |||
| Earnings Per Share | 0.33 X | |||
| Total Asset | 30.37 B | |||
| Retained Earnings | 7.93 B | |||
| Current Asset | 8.26 B | |||
| Current Liabilities | 2.36 B | |||
About Shandong Weigao Performance
Evaluating Shandong Weigao's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Shandong Weigao 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 Shandong Weigao has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Shandong Weigao Group Medical Polymer Company Limited engages in the research and development, production, and sale of single-use medical devices in the Peoples Republic of China. The company was incorporated in 2000 and is based in Weihai, the Peoples Republic of China. Shandong Weigao operates under Medical Instruments Supplies classification in the United States and is traded on OTC Exchange. It employs 11476 people.Things to note about Shandong Weigao Group performance evaluation
Checking the ongoing alerts about Shandong Weigao for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Shandong Weigao Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Shandong Weigao generated a negative expected return over the last 90 days | |
| Shandong Weigao has high historical volatility and very poor performance |
- Analyzing Shandong Weigao'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 Shandong Weigao's stock is overvalued or undervalued compared to its peers.
- Examining Shandong Weigao'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 Shandong Weigao's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Shandong Weigao's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Shandong Weigao's pink sheet. These opinions can provide insight into Shandong Weigao's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Shandong Pink Sheet Analysis
When running Shandong Weigao's price analysis, check to measure Shandong Weigao'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 Shandong Weigao is operating at the current time. Most of Shandong Weigao's value examination focuses on studying past and present price action to predict the probability of Shandong Weigao's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shandong Weigao's price. Additionally, you may evaluate how the addition of Shandong Weigao to your portfolios can decrease your overall portfolio volatility.