HMTNew Technical (China) Performance

603306 Stock   30.45  0.05  0.16%   
HMTNew Technical holds a performance score of 18 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -0.86, which attests to possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning HMTNew Technical are expected to decrease slowly. On the other hand, during market turmoil, HMTNew Technical is expected to outperform it slightly. Use HMTNew Technical standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to analyze future returns on HMTNew Technical.

Risk-Adjusted Performance

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Compared to the overall equity markets, risk-adjusted returns on investments in HMTNew Technical are ranked lower than 18 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, HMTNew Technical sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Payout Ratio
0.2262
Last Split Factor
1.3:1
Ex Dividend Date
2024-06-17
Last Split Date
2018-05-18
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JavaScript chart by amCharts 3.21.15HMTNew Technical HMTNew Technical Dividend Benchmark Dow Jones Industrial
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HMT New Technical Materials Co., Ltd announces an Equity Buyback for CNY 500 million worth of its shares. - Marketscreener.com
12/04/2024
Begin Period Cash Flow750.6 M
  

HMTNew Technical Relative Risk vs. Return Landscape

If you would invest  1,784  in HMTNew Technical on September 13, 2024 and sell it today you would earn a total of  1,261  from holding HMTNew Technical or generate 70.68% return on investment over 90 days. HMTNew Technical is generating 1.0345% of daily returns and assumes 4.3696% volatility on return distribution over the 90 days horizon. Simply put, 38% of stocks are less volatile than HMTNew, and 80% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
  Expected Return   
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       Risk  
Assuming the 90 days trading horizon HMTNew Technical is expected to generate 5.96 times more return on investment than the market. However, the company is 5.96 times more volatile than its market benchmark. It trades about 0.24 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.14 per unit of risk.

HMTNew Technical Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for HMTNew Technical's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as HMTNew Technical, and traders can use it to determine the average amount a HMTNew Technical'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 = 0.2367

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Estimated Market Risk

 4.37
  actual daily
38
62% of assets are more volatile

Expected Return

 1.03
  actual daily
20
80% of assets have higher returns

Risk-Adjusted Return

 0.24
  actual daily
18
82% of assets perform better
Based on monthly moving average HMTNew Technical is performing at about 18% 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 HMTNew Technical by adding it to a well-diversified portfolio.

HMTNew Technical Fundamentals Growth

HMTNew Stock prices reflect investors' perceptions of the future prospects and financial health of HMTNew Technical, and HMTNew Technical 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 HMTNew Stock performance.
Return On Equity0.0735
Return On Asset0.0381
Profit Margin0.14 %
Operating Margin0.17 %
Current Valuation9.59 B
Shares Outstanding328.06 M
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Price To Book2.72 X
Price To Sales4.79 X
Revenue2.06 B
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Gross Profit514.76 M
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EBITDA439.06 M
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Net Income242.01 M
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Total Debt1.27 B
Book Value Per Share11.52 X
Cash Flow From Operations230.51 M
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Earnings Per Share0.88 X
Total Asset5.08 B
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Retained Earnings1.45 B
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About HMTNew Technical Performance

By analyzing HMTNew Technical's fundamental ratios, stakeholders can gain valuable insights into HMTNew Technical's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if HMTNew Technical 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 HMTNew Technical has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
HMTNew Technical is entity of China. It is traded as Stock on SHG exchange.

Things to note about HMTNew Technical performance evaluation

Checking the ongoing alerts about HMTNew Technical for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for HMTNew Technical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
HMTNew Technical appears to be risky and price may revert if volatility continues
About 29.0% of the company shares are owned by insiders or employees
Latest headline from news.google.com: HMT New Technical Materials Co., Ltd announces an Equity Buyback for CNY 500 million worth of its shares. - Marketscreener.com
Evaluating HMTNew Technical's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate HMTNew Technical's stock performance include:
  • Analyzing HMTNew Technical'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 HMTNew Technical's stock is overvalued or undervalued compared to its peers.
  • Examining HMTNew Technical'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 HMTNew Technical's management team can have a significant impact on its success or failure. Reviewing the track record and experience of HMTNew Technical's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of HMTNew Technical's stock. These opinions can provide insight into HMTNew Technical's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating HMTNew Technical's stock performance is not an exact science, and many factors can impact HMTNew Technical's stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Complementary Tools for HMTNew Stock analysis

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