Qinghai Salt (China) Buy Hold or Sell Recommendation

000792 Stock   17.62  0.02  0.11%   
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Qinghai Salt Lake is 'Strong Sell'. Macroaxis provides Qinghai Salt buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 000792 positions.
  
Check out Qinghai Salt Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual companies such as Qinghai and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Qinghai Salt Lake. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Execute Qinghai Salt Buy or Sell Advice

The Qinghai recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Qinghai Salt Lake. Macroaxis does not own or have any residual interests in Qinghai Salt Lake or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Qinghai Salt's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Qinghai SaltBuy Qinghai Salt
Strong Sell

Market Performance

OKDetails

Volatility

Not too volatileDetails

Hype Condition

Under hypedDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

Very SmallDetails

Economic Sensitivity

Moves indifferently to market movesDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon Qinghai Salt Lake has a Mean Deviation of 1.88, Semi Deviation of 1.94, Standard Deviation of 2.56, Variance of 6.54, Downside Variance of 5.33 and Semi Variance of 3.75
Our trade recommendations tool can cross-verify current analyst consensus on Qinghai Salt Lake and to analyze the firm potential to grow in the current economic cycle. To make sure Qinghai Salt is not overpriced, please check all Qinghai Salt Lake fundamentals, including its shares outstanding, shares owned by institutions, and the relationship between the current valuation and shares owned by insiders .

Qinghai Salt Trading Alerts and Improvement Suggestions

Qinghai Salt Lake is unlikely to experience financial distress in the next 2 years
About 30.0% of the company shares are owned by insiders or employees

Qinghai Salt Returns Distribution Density

The distribution of Qinghai Salt's historical returns is an attempt to chart the uncertainty of Qinghai Salt's future price movements. The chart of the probability distribution of Qinghai Salt daily returns describes the distribution of returns around its average expected value. We use Qinghai Salt Lake price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Qinghai Salt returns is essential to provide solid investment advice for Qinghai Salt.
Mean Return
0.31
Value At Risk
-3.42
Potential Upside
3.91
Standard Deviation
2.56
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Qinghai Salt historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Qinghai Salt Cash Flow Accounts

201920202021202220232024 (projected)
Dividends Paid1.1B355.9M291.0M261.6M253.2M240.6M
Capital Expenditures472.7M537.1M808.3M680.1M943.0M895.8M
Net Income(45.9B)2.0B4.5B15.6B7.9B8.3B
Change To Inventory(50.0M)988.5M100.1M(597.9M)512.6M538.2M
Investments(11.4M)(135.3M)(1.2B)(922.6M)(6.6B)(6.3B)
Change In Cash(1.8B)692.1M3.1B11.0B(134.0M)(127.3M)
Net Borrowings(2.6B)(570.1M)(414.8M)(1.9B)(1.7B)(1.6B)
Depreciation3.0B611.2M727.1M696.9M774.5M1.2B
Change To Netincome46.1B774.3M1.6B4.3B4.9B9.3B
End Period Cash Flow1.3B2.0B5.1B16.1B16.0B16.8B
Free Cash Flow2.3B(989.5M)4.0B16.8B11.2B7.3B
Other Non Cash Items1.5B405.4M295.8M292.2M222.3M211.2M

Qinghai Salt Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Qinghai Salt or Chemicals sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Qinghai Salt's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Qinghai stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over Dow Jones
0.32
β
Beta against Dow Jones-0.15
σ
Overall volatility
2.66
Ir
Information ratio 0.07

Qinghai Salt Volatility Alert

Qinghai Salt Lake currently demonstrates below-average downside deviation. It has Information Ratio of 0.07 and Jensen Alpha of 0.32. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Qinghai Salt's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Qinghai Salt's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Qinghai Salt Fundamentals Vs Peers

Comparing Qinghai Salt's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Qinghai Salt's direct or indirect competition across all of the common fundamentals between Qinghai Salt and the related equities. This way, we can detect undervalued stocks with similar characteristics as Qinghai Salt or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Qinghai Salt's fundamental indicators could also be used in its relative valuation, which is a method of valuing Qinghai Salt by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Qinghai Salt to competition
FundamentalsQinghai SaltPeer Average
Return On Equity0.16-0.31
Return On Asset0.0776-0.14
Profit Margin0.34 %(1.27) %
Operating Margin0.35 %(5.51) %
Current Valuation85.22 B16.62 B
Shares Outstanding5.43 B571.82 M
Shares Owned By Insiders29.71 %10.09 %
Shares Owned By Institutions22.64 %39.21 %
Price To Book2.73 X9.51 X
Price To Sales5.86 X11.42 X
Revenue21.58 B9.43 B
Gross Profit24.26 B27.38 B
EBITDA7 B3.9 B
Net Income7.91 B570.98 M
Total Debt12 M5.32 B
Book Value Per Share6.62 X1.93 K
Cash Flow From Operations12.1 B971.22 M
Earnings Per Share1.03 X3.12 X
Price To Earnings To Growth(3.45) X4.89 X
Target Price16.68
Number Of Employees6.14 K18.84 K
Beta1.16-0.15
Market Capitalization95.08 B19.03 B
Total Asset46.41 B29.47 B
Retained Earnings(15.06 B)9.33 B
Working Capital20.98 B1.48 B
Net Asset46.41 B

Qinghai Salt Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Qinghai . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Qinghai Salt Buy or Sell Advice

When is the right time to buy or sell Qinghai Salt Lake? Buying financial instruments such as Qinghai Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

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Measuring and Control Equipment
Measuring and Control Equipment Theme
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Other Information on Investing in Qinghai Stock

Qinghai Salt financial ratios help investors to determine whether Qinghai Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Qinghai with respect to the benefits of owning Qinghai Salt security.