North Chemical (China) Performance
| 002246 Stock | 12.38 0.18 1.48% |
On a scale of 0 to 100, North Chemical holds a performance score of 11. The company secures a Beta (Market Risk) of 0.57, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, North Chemical's returns are expected to increase less than the market. However, during the bear market, the loss of holding North Chemical is expected to be smaller as well. Please check North Chemical's jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to make a quick decision on whether North Chemical's current price movements will revert.
Risk-Adjusted Performance
11 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in North Chemical Industries are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, North Chemical sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Forward Dividend Yield 0.004 | Payout Ratio 0.625 | Last Split Factor 15:10 | Forward Dividend Rate 0.05 | Ex Dividend Date 2024-07-09 |
1 | Fine Chemicals Market Size - Forecast Till 2032 - Business Research Insights | 10/28/2024 |
| Begin Period Cash Flow | 1.4 B |
North |
North Chemical Relative Risk vs. Return Landscape
If you would invest 933.00 in North Chemical Industries on September 2, 2024 and sell it today you would earn a total of 305.00 from holding North Chemical Industries or generate 32.69% return on investment over 90 days. North Chemical Industries is generating 0.5523% of daily returns and assumes 3.8237% volatility on return distribution over the 90 days horizon. Simply put, 34% of stocks are less volatile than North, and 89% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
North Chemical Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for North Chemical's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as North Chemical Industries, and traders can use it to determine the average amount a North Chemical'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 = 0.1444
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Estimated Market Risk
| 3.82 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.55 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average North Chemical is performing at about 11% 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 North Chemical by adding it to a well-diversified portfolio.
North Chemical Fundamentals Growth
North Stock prices reflect investors' perceptions of the future prospects and financial health of North Chemical, and North Chemical 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 North Stock performance.
| Return On Equity | -0.0019 | ||||
| Return On Asset | -0.0134 | ||||
| Profit Margin | (0) % | ||||
| Operating Margin | (0.28) % | ||||
| Current Valuation | 5.58 B | ||||
| Shares Outstanding | 549.04 M | ||||
| Price To Book | 2.42 X | ||||
| Price To Sales | 3.44 X | ||||
| Revenue | 2.16 B | ||||
| Gross Profit | 467.23 M | ||||
| EBITDA | 8.87 M | ||||
| Net Income | 55.51 M | ||||
| Total Debt | 1.51 B | ||||
| Book Value Per Share | 5.11 X | ||||
| Cash Flow From Operations | (114.89 M) | ||||
| Earnings Per Share | (0.01) X | ||||
| Total Asset | 4.57 B | ||||
| Retained Earnings | 1.14 B | ||||
About North Chemical Performance
By analyzing North Chemical's fundamental ratios, stakeholders can gain valuable insights into North Chemical's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if North Chemical 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 North Chemical has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
North Chemical is entity of China. It is traded as Stock on SHE exchange.Things to note about North Chemical Industries performance evaluation
Checking the ongoing alerts about North Chemical for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for North Chemical Industries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| North Chemical appears to be risky and price may revert if volatility continues | |
| North Chemical generates negative cash flow from operations | |
| About 50.0% of the company shares are owned by insiders or employees |
- Analyzing North Chemical'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 North Chemical's stock is overvalued or undervalued compared to its peers.
- Examining North Chemical'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 North Chemical's management team can have a significant impact on its success or failure. Reviewing the track record and experience of North Chemical's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of North Chemical's stock. These opinions can provide insight into North Chemical's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for North Stock analysis
When running North Chemical's price analysis, check to measure North Chemical'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 North Chemical is operating at the current time. Most of North Chemical's value examination focuses on studying past and present price action to predict the probability of North Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move North Chemical's price. Additionally, you may evaluate how the addition of North Chemical to your portfolios can decrease your overall portfolio volatility.
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