Ningbo Kangqiang (China) Performance
| 002119 Stock | 15.33 0.06 0.39% |
On a scale of 0 to 100, Ningbo Kangqiang holds a performance score of 14. The company secures a Beta (Market Risk) of -0.33, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Ningbo Kangqiang are expected to decrease at a much lower rate. During the bear market, Ningbo Kangqiang is likely to outperform the market. Please check Ningbo Kangqiang's coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to make a quick decision on whether Ningbo Kangqiang's current price movements will revert.
Risk-Adjusted Performance
14 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Ningbo Kangqiang Electronics are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Ningbo Kangqiang sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Forward Dividend Yield 0.002 | Payout Ratio 0.1123 | Last Split Factor 1.2:1 | Forward Dividend Rate 0.03 | Ex Dividend Date 2024-06-19 |
1 | Ningbo Kangqiang Electronics Co., Ltds Business Is Yet to Catch Up With Its Share Price - Simply Wall St | 09/27/2024 |
2 | Subdued Growth No Barrier To Ningbo Kangqiang Electronics Co., Ltd With Shares Advancing 31 percent - Simply Wall St | 11/11/2024 |
| Begin Period Cash Flow | 233.8 M |
Ningbo |
Ningbo Kangqiang Relative Risk vs. Return Landscape
If you would invest 1,068 in Ningbo Kangqiang Electronics on September 3, 2024 and sell it today you would earn a total of 465.00 from holding Ningbo Kangqiang Electronics or generate 43.54% return on investment over 90 days. Ningbo Kangqiang Electronics is generating 0.6958% of daily returns and assumes 3.8146% volatility on return distribution over the 90 days horizon. Simply put, 33% of stocks are less volatile than Ningbo, and 87% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Ningbo Kangqiang Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ningbo Kangqiang's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Ningbo Kangqiang Electronics, and traders can use it to determine the average amount a Ningbo Kangqiang'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 = 0.1824
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 002119 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.81 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.7 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Ningbo Kangqiang is performing at about 14% 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 Ningbo Kangqiang by adding it to a well-diversified portfolio.
Ningbo Kangqiang Fundamentals Growth
Ningbo Stock prices reflect investors' perceptions of the future prospects and financial health of Ningbo Kangqiang, and Ningbo Kangqiang 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 Ningbo Stock performance.
| Return On Equity | 0.076 | ||||
| Return On Asset | 0.0245 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.09 % | ||||
| Current Valuation | 6.27 B | ||||
| Shares Outstanding | 375.28 M | ||||
| Price To Book | 4.22 X | ||||
| Price To Sales | 2.95 X | ||||
| Revenue | 1.78 B | ||||
| Gross Profit | 268.14 M | ||||
| EBITDA | 205.91 M | ||||
| Net Income | 80.58 M | ||||
| Total Debt | 702.22 M | ||||
| Book Value Per Share | 3.63 X | ||||
| Cash Flow From Operations | 7.79 M | ||||
| Earnings Per Share | 0.26 X | ||||
| Total Asset | 2.32 B | ||||
| Retained Earnings | 702.39 M | ||||
About Ningbo Kangqiang Performance
By analyzing Ningbo Kangqiang's fundamental ratios, stakeholders can gain valuable insights into Ningbo Kangqiang's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Ningbo Kangqiang 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 Ningbo Kangqiang has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Ningbo Kangqiang is entity of China. It is traded as Stock on SHE exchange.Things to note about Ningbo Kangqiang Ele performance evaluation
Checking the ongoing alerts about Ningbo Kangqiang for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Ningbo Kangqiang Ele help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ningbo Kangqiang Ele appears to be risky and price may revert if volatility continues | |
| About 32.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Investors in China Cinda Asset Management have seen favorable returns of 62 percent over the past year - Simply Wall St |
- Analyzing Ningbo Kangqiang'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 Ningbo Kangqiang's stock is overvalued or undervalued compared to its peers.
- Examining Ningbo Kangqiang'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 Ningbo Kangqiang's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ningbo Kangqiang's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Ningbo Kangqiang's stock. These opinions can provide insight into Ningbo Kangqiang's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Ningbo Stock analysis
When running Ningbo Kangqiang's price analysis, check to measure Ningbo Kangqiang'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 Ningbo Kangqiang is operating at the current time. Most of Ningbo Kangqiang's value examination focuses on studying past and present price action to predict the probability of Ningbo Kangqiang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ningbo Kangqiang's price. Additionally, you may evaluate how the addition of Ningbo Kangqiang to your portfolios can decrease your overall portfolio volatility.
| CEOs Directory Screen CEOs from public companies around the world | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes |