Qijing Machinery (China) Performance
| 603677 Stock | 13.19 0.16 1.23% |
On a scale of 0 to 100, Qijing Machinery holds a performance score of 13. The company holds a Beta of -0.54, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Qijing Machinery are expected to decrease at a much lower rate. During the bear market, Qijing Machinery is likely to outperform the market. Please check Qijing Machinery's coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to make a quick decision on whether Qijing Machinery's historical price patterns will revert.
Risk-Adjusted Performance
13 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Qijing Machinery are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Qijing Machinery sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 159.1 M |
Qijing |
Qijing Machinery Relative Risk vs. Return Landscape
If you would invest 1,012 in Qijing Machinery on September 2, 2024 and sell it today you would earn a total of 307.00 from holding Qijing Machinery or generate 30.34% return on investment over 90 days. Qijing Machinery is generating 0.4928% of daily returns and assumes 2.9562% volatility on return distribution over the 90 days horizon. Simply put, 26% of stocks are less volatile than Qijing, and 91% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Qijing Machinery Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Qijing Machinery's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Qijing Machinery, and traders can use it to determine the average amount a Qijing Machinery'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 = 0.1667
| Best Portfolio | Best Equity | |||
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| Small Returns | 603677 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.96 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.49 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Qijing Machinery is performing at about 13% 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 Qijing Machinery by adding it to a well-diversified portfolio.
Qijing Machinery Fundamentals Growth
Qijing Stock prices reflect investors' perceptions of the future prospects and financial health of Qijing Machinery, and Qijing Machinery 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 Qijing Stock performance.
| Return On Equity | 0.0497 | ||||
| Return On Asset | 0.0181 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 2.59 B | ||||
| Shares Outstanding | 192.15 M | ||||
| Price To Book | 2.15 X | ||||
| Price To Sales | 1.30 X | ||||
| Revenue | 1.77 B | ||||
| EBITDA | 148.02 M | ||||
| Total Debt | 95.09 M | ||||
| Book Value Per Share | 6.12 X | ||||
| Cash Flow From Operations | 204.22 M | ||||
| Earnings Per Share | 0.30 X | ||||
| Total Asset | 2.14 B | ||||
| Retained Earnings | 359.72 M | ||||
About Qijing Machinery Performance
By analyzing Qijing Machinery's fundamental ratios, stakeholders can gain valuable insights into Qijing Machinery's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Qijing Machinery 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 Qijing Machinery 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 Qijing Machinery performance evaluation
Checking the ongoing alerts about Qijing Machinery for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Qijing Machinery help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| About 75.0% of the company shares are owned by insiders or employees |
- Analyzing Qijing Machinery'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 Qijing Machinery's stock is overvalued or undervalued compared to its peers.
- Examining Qijing Machinery'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 Qijing Machinery's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Qijing Machinery's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Qijing Machinery's stock. These opinions can provide insight into Qijing Machinery's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Qijing Stock analysis
When running Qijing Machinery's price analysis, check to measure Qijing Machinery'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 Qijing Machinery is operating at the current time. Most of Qijing Machinery's value examination focuses on studying past and present price action to predict the probability of Qijing Machinery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Qijing Machinery's price. Additionally, you may evaluate how the addition of Qijing Machinery to your portfolios can decrease your overall portfolio volatility.
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