TCL Zhonghuan (China) Performance
| 002129 Stock | 8.21 0.36 4.20% |
The firm has a beta of 0.78, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, TCL Zhonghuan's returns are expected to increase less than the market. However, during the bear market, the loss of holding TCL Zhonghuan is expected to be smaller as well. At this point, TCL Zhonghuan Renewable has a negative expected return of -0.17%. Please make sure to validate TCL Zhonghuan's coefficient of variation, jensen alpha, treynor ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if TCL Zhonghuan Renewable performance from the past will be repeated at future time.
Risk-Adjusted Performance
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Over the last 90 days TCL Zhonghuan Renewable has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest weak performance, the Stock's basic indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the company investors. ...more
Forward Dividend Yield 0.0215 | Last Split Factor 1.25:1 | Forward Dividend Rate 0.26 | Ex Dividend Date 2024-07-09 | Last Split Date 2023-06-16 |
1 | TCL Zhonghuan Renewable Energy Technology Co.,Ltd. agreed to acquire an additional 13.69 percent stake in Inner Mongolia Zhonghuan Crystal Materials Co., Ltd. f... | 01/08/2025 |
| Begin Period Cash Flow | 9.9 B |
TCL |
TCL Zhonghuan Relative Risk vs. Return Landscape
If you would invest 950.00 in TCL Zhonghuan Renewable on October 13, 2024 and sell it today you would lose (129.00) from holding TCL Zhonghuan Renewable or give up 13.58% of portfolio value over 90 days. TCL Zhonghuan Renewable is generating negative expected returns and assumes 3.2021% volatility on return distribution over the 90 days horizon. Simply put, 28% of stocks are less volatile than TCL, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
TCL Zhonghuan Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for TCL Zhonghuan's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as TCL Zhonghuan Renewable, and traders can use it to determine the average amount a TCL Zhonghuan'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 = -0.0545
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 002129 |
Estimated Market Risk
| 3.2 actual daily | 28 72% of assets are more volatile |
Expected Return
| -0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average TCL Zhonghuan is not performing at its full potential. However, 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 TCL Zhonghuan by adding TCL Zhonghuan to a well-diversified portfolio.
TCL Zhonghuan Fundamentals Growth
TCL Stock prices reflect investors' perceptions of the future prospects and financial health of TCL Zhonghuan, and TCL Zhonghuan 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 TCL Stock performance.
| Return On Equity | -0.16 | ||||
| Return On Asset | -0.0268 | ||||
| Profit Margin | (0.27) % | ||||
| Operating Margin | (0.08) % | ||||
| Current Valuation | 69.54 B | ||||
| Shares Outstanding | 4.04 B | ||||
| Price To Book | 0.96 X | ||||
| Price To Sales | 1.00 X | ||||
| Revenue | 59.15 B | ||||
| Gross Profit | 10.47 B | ||||
| EBITDA | 2.42 B | ||||
| Net Income | 3.42 B | ||||
| Total Debt | 250.12 M | ||||
| Book Value Per Share | 8.70 X | ||||
| Cash Flow From Operations | 5.18 B | ||||
| Earnings Per Share | (2.21) X | ||||
| Total Asset | 125.06 B | ||||
| Retained Earnings | 16.34 B | ||||
About TCL Zhonghuan Performance
By analyzing TCL Zhonghuan's fundamental ratios, stakeholders can gain valuable insights into TCL Zhonghuan's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if TCL Zhonghuan 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 TCL Zhonghuan has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
TCL Zhonghuan is entity of China. It is traded as Stock on SHE exchange.Things to note about TCL Zhonghuan Renewable performance evaluation
Checking the ongoing alerts about TCL Zhonghuan for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for TCL Zhonghuan Renewable help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| TCL Zhonghuan generated a negative expected return over the last 90 days | |
| TCL Zhonghuan has high historical volatility and very poor performance | |
| TCL Zhonghuan has high likelihood to experience some financial distress in the next 2 years | |
| About 31.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: TCL Zhonghuan Renewable Energy Technology Co.,Ltd. agreed to acquire an additional 13.69 percent stake in Inner Mongolia Zhonghuan Crystal Materials Co., Ltd. from BOCOM Financial Asset Investment Co., Ltd for CNY 1 billion. - Marketscreener.com |
- Analyzing TCL Zhonghuan'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 TCL Zhonghuan's stock is overvalued or undervalued compared to its peers.
- Examining TCL Zhonghuan'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 TCL Zhonghuan's management team can have a significant impact on its success or failure. Reviewing the track record and experience of TCL Zhonghuan's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of TCL Zhonghuan's stock. These opinions can provide insight into TCL Zhonghuan's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for TCL Stock analysis
When running TCL Zhonghuan's price analysis, check to measure TCL Zhonghuan'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 TCL Zhonghuan is operating at the current time. Most of TCL Zhonghuan's value examination focuses on studying past and present price action to predict the probability of TCL Zhonghuan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TCL Zhonghuan's price. Additionally, you may evaluate how the addition of TCL Zhonghuan to your portfolios can decrease your overall portfolio volatility.
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