Kangxin New (China) Performance
| 600076 Stock | 2.37 0.02 0.84% |
On a scale of 0 to 100, Kangxin New holds a performance score of 20. The company secures a Beta (Market Risk) of -0.31, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Kangxin New are expected to decrease at a much lower rate. During the bear market, Kangxin New is likely to outperform the market. Please check Kangxin New's downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Kangxin New's current price movements will revert.
Risk-Adjusted Performance
20 of 100
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Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Kangxin New Materials are ranked lower than 20 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Kangxin New sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 19:10 | Ex Dividend Date 2019-08-05 | Last Split Date 2006-08-07 |
1 | Revenues Not Telling The Story For Kangxin New Materials Co., Ltd After Shares Rise 29 percent - Simply Wall St | 11/20/2024 |
| Begin Period Cash Flow | 230.8 M |
Kangxin |
Kangxin New Relative Risk vs. Return Landscape
If you would invest 141.00 in Kangxin New Materials on September 3, 2024 and sell it today you would earn a total of 96.00 from holding Kangxin New Materials or generate 68.09% return on investment over 90 days. Kangxin New Materials is generating 0.9634% of daily returns and assumes 3.6217% volatility on return distribution over the 90 days horizon. Simply put, 32% of stocks are less volatile than Kangxin, and 81% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Kangxin New Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kangxin New's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Kangxin New Materials, and traders can use it to determine the average amount a Kangxin 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 = 0.266
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| Small Returns | 600076 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.62 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.96 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.27 actual daily | 20 80% of assets perform better |
Based on monthly moving average Kangxin New is performing at about 20% 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 Kangxin New by adding it to a well-diversified portfolio.
Kangxin New Fundamentals Growth
Kangxin Stock prices reflect investors' perceptions of the future prospects and financial health of Kangxin New, and Kangxin 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 Kangxin Stock performance.
| Return On Equity | -0.0647 | ||||
| Return On Asset | -0.0175 | ||||
| Profit Margin | (0.45) % | ||||
| Operating Margin | (0.07) % | ||||
| Current Valuation | 4.22 B | ||||
| Shares Outstanding | 1.34 B | ||||
| Price To Book | 0.76 X | ||||
| Price To Sales | 5.27 X | ||||
| Revenue | 246.34 M | ||||
| Gross Profit | 48.76 M | ||||
| EBITDA | (75.08 M) | ||||
| Net Income | (297.1 M) | ||||
| Total Debt | 305.57 M | ||||
| Book Value Per Share | 3.14 X | ||||
| Cash Flow From Operations | (94.12 M) | ||||
| Earnings Per Share | (0.21) X | ||||
| Total Asset | 7 B | ||||
| Retained Earnings | 1.84 B | ||||
About Kangxin New Performance
By analyzing Kangxin New's fundamental ratios, stakeholders can gain valuable insights into Kangxin New's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Kangxin New 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 Kangxin New has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Kangxin New is entity of China. It is traded as Stock on SHG exchange.Things to note about Kangxin New Materials performance evaluation
Checking the ongoing alerts about Kangxin New for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Kangxin New Materials help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Kangxin New appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 246.34 M. Net Loss for the year was (297.1 M) with profit before overhead, payroll, taxes, and interest of 48.76 M. | |
| Kangxin New generates negative cash flow from operations | |
| About 48.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Revenues Not Telling The Story For Kangxin New Materials Co., Ltd After Shares Rise 29 percent - Simply Wall St |
- Analyzing Kangxin 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 Kangxin New's stock is overvalued or undervalued compared to its peers.
- Examining Kangxin 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 Kangxin New's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Kangxin New's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Kangxin New's stock. These opinions can provide insight into Kangxin New's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Kangxin Stock analysis
When running Kangxin New's price analysis, check to measure Kangxin 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 Kangxin New is operating at the current time. Most of Kangxin New's value examination focuses on studying past and present price action to predict the probability of Kangxin 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 Kangxin New's price. Additionally, you may evaluate how the addition of Kangxin New to your portfolios can decrease your overall portfolio volatility.
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