Double Medical (China) Analysis

Double Stock Analysis Notes

About 86.0% of the company shares are owned by insiders or employees . The book value of Double Medical was presently reported as 7.76. The company last dividend was issued on the 24th of June 2024. For more info on Double Medical Technology please contact the company at 86 59 2608 3018 or go to https://www.double-medical.com.

Double Medical Technology Investment Alerts

Double Medical Thematic Classifications

Double Market Capitalization

The company currently falls under 'Large-Cap' category with a current market capitalization of 14.54 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Double Medical's market, we take the total number of its shares issued and multiply it by Double Medical's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Double Profitablity

The company has Profit Margin (PM) of 0.1 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.24 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.24.

Management Efficiency

Double Medical Technology has return on total asset (ROA) of 0.0243 % which means that it generated a profit of $0.0243 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0717 %, meaning that it generated $0.0717 on every $100 dollars invested by stockholders. Double Medical's management efficiency ratios could be used to measure how well Double Medical manages its routine affairs as well as how well it operates its assets and liabilities. At present, Double Medical's Other Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 1.8 B, whereas Net Tangible Assets are forecasted to decline to about 1.5 B.

Technical Drivers

As of the 3rd of February, Double Medical shows the Downside Deviation of 1.63, coefficient of variation of 3199.84, and Mean Deviation of 1.5. Double Medical Technology technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.

Double Medical Technology Price Movement Analysis

Double Medical Outstanding Bonds

Double Medical Predictive Daily Indicators

Double Medical Forecast Models

Double Medical's time-series forecasting models are one of many Double Medical's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Double Medical's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Double Medical prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Double shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Double Medical. By using and applying Double Stock analysis, traders can create a robust methodology for identifying Double entry and exit points for their positions.

When running Double Medical's price analysis, check to measure Double Medical'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 Double Medical is operating at the current time. Most of Double Medical's value examination focuses on studying past and present price action to predict the probability of Double Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Double Medical's price. Additionally, you may evaluate how the addition of Double Medical to your portfolios can decrease your overall portfolio volatility.