New Trend (China) Performance
| 300532 Stock | 12.11 0.48 3.81% |
On a scale of 0 to 100, New Trend holds a performance score of 10. The company secures a Beta (Market Risk) of -0.12, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning New Trend are expected to decrease at a much lower rate. During the bear market, New Trend is likely to outperform the market. Please check New Trend's jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether New Trend's current price movements will revert.
Risk-Adjusted Performance
10 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in New Trend International are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, New Trend sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Forward Dividend Yield 0.0584 | Payout Ratio 0.8885 | Last Split Factor 1.45:1 | Forward Dividend Rate 0.71 | Ex Dividend Date 2024-09-19 |
| Begin Period Cash Flow | 788.1 M |
New |
New Trend Relative Risk vs. Return Landscape
If you would invest 908.00 in New Trend International on September 18, 2024 and sell it today you would earn a total of 351.00 from holding New Trend International or generate 38.66% return on investment over 90 days. New Trend International is generating 0.6828% of daily returns and assumes 5.1736% volatility on return distribution over the 90 days horizon. Simply put, 46% of stocks are less volatile than New, and 87% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
New Trend Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for New Trend's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as New Trend International, and traders can use it to determine the average amount a New Trend'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 = 0.132
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 300532 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.17 actual daily | 46 54% of assets are more volatile |
Expected Return
| 0.68 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average New Trend 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 New Trend by adding it to a well-diversified portfolio.
New Trend Fundamentals Growth
New Stock prices reflect investors' perceptions of the future prospects and financial health of New Trend, and New Trend 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 New Stock performance.
| Return On Equity | 0.21 | ||||
| Return On Asset | 0.0434 | ||||
| Profit Margin | 0.12 % | ||||
| Operating Margin | 0.07 % | ||||
| Current Valuation | 4.71 B | ||||
| Shares Outstanding | 453.32 M | ||||
| Price To Book | 3.29 X | ||||
| Price To Sales | 2.01 X | ||||
| Revenue | 3.06 B | ||||
| EBITDA | 352.23 M | ||||
| Total Debt | 44.11 M | ||||
| Book Value Per Share | 3.71 X | ||||
| Cash Flow From Operations | 603.27 M | ||||
| Earnings Per Share | 0.66 X | ||||
| Total Asset | 5.13 B | ||||
| Retained Earnings | 747.27 M | ||||
About New Trend Performance
By analyzing New Trend's fundamental ratios, stakeholders can gain valuable insights into New Trend's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if New Trend 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 New Trend has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Things to note about New Trend International performance evaluation
Checking the ongoing alerts about New Trend for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for New Trend International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| New Trend is way too risky over 90 days horizon | |
| New Trend appears to be risky and price may revert if volatility continues | |
| About 46.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Further weakness as Zhongrun Resources Investment drops 11 percent this week, taking one-year losses to 27 percent - Simply Wall St |
- Analyzing New Trend'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 New Trend's stock is overvalued or undervalued compared to its peers.
- Examining New Trend'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 New Trend's management team can have a significant impact on its success or failure. Reviewing the track record and experience of New Trend's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of New Trend's stock. These opinions can provide insight into New Trend's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for New Stock analysis
When running New Trend's price analysis, check to measure New Trend'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 New Trend is operating at the current time. Most of New Trend's value examination focuses on studying past and present price action to predict the probability of New Trend's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Trend's price. Additionally, you may evaluate how the addition of New Trend to your portfolios can decrease your overall portfolio volatility.
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes |