Zhejiang Kingland (China) Performance
| 002443 Stock | 6.02 0.10 1.69% |
The firm maintains a market beta of 0.25, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Zhejiang Kingland's returns are expected to increase less than the market. However, during the bear market, the loss of holding Zhejiang Kingland is expected to be smaller as well. At this point, Zhejiang Kingland has a negative expected return of -0.0971%. Please make sure to check out Zhejiang Kingland's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Zhejiang Kingland performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Zhejiang Kingland Pipeline has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Zhejiang Kingland is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
Forward Dividend Yield 0.01 | Payout Ratio 0.2407 | Last Split Factor 12:10 | Forward Dividend Rate 0.06 | Ex Dividend Date 2024-06-28 |
1 | Composite Pipe System Market Size from 2024 to 2031 - Crtica Regional | 12/30/2024 |
| Begin Period Cash Flow | 728 M |
Zhejiang |
Zhejiang Kingland Relative Risk vs. Return Landscape
If you would invest 639.00 in Zhejiang Kingland Pipeline on November 29, 2024 and sell it today you would lose (37.00) from holding Zhejiang Kingland Pipeline or give up 5.79% of portfolio value over 90 days. Zhejiang Kingland Pipeline is generating negative expected returns and assumes 1.236% volatility on return distribution over the 90 days horizon. Simply put, 11% of stocks are less volatile than Zhejiang, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Zhejiang Kingland Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zhejiang Kingland's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Zhejiang Kingland Pipeline, and traders can use it to determine the average amount a Zhejiang Kingland'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 = -0.0785
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 002443 |
Estimated Market Risk
| 1.24 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Zhejiang Kingland 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 Zhejiang Kingland by adding Zhejiang Kingland to a well-diversified portfolio.
Zhejiang Kingland Fundamentals Growth
Zhejiang Stock prices reflect investors' perceptions of the future prospects and financial health of Zhejiang Kingland, and Zhejiang Kingland 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 Zhejiang Stock performance.
| Return On Equity | 0.057 | ||||
| Return On Asset | 0.0229 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | 0 % | ||||
| Current Valuation | 2.04 B | ||||
| Shares Outstanding | 520.54 M | ||||
| Price To Book | 0.91 X | ||||
| Price To Sales | 0.65 X | ||||
| Revenue | 5.74 B | ||||
| Gross Profit | 502.55 M | ||||
| EBITDA | 243.67 M | ||||
| Net Income | 283.78 M | ||||
| Total Debt | 305.06 M | ||||
| Book Value Per Share | 6.62 X | ||||
| Cash Flow From Operations | 661.65 M | ||||
| Earnings Per Share | 0.35 X | ||||
| Total Asset | 4.64 B | ||||
| Retained Earnings | 1.84 B | ||||
About Zhejiang Kingland Performance
By analyzing Zhejiang Kingland's fundamental ratios, stakeholders can gain valuable insights into Zhejiang Kingland's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Zhejiang Kingland 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 Zhejiang Kingland has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Zhejiang Kingland is entity of China. It is traded as Stock on SHE exchange.Things to note about Zhejiang Kingland performance evaluation
Checking the ongoing alerts about Zhejiang Kingland for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Zhejiang Kingland help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Zhejiang Kingland generated a negative expected return over the last 90 days | |
| About 26.0% of the company shares are owned by insiders or employees |
- Analyzing Zhejiang Kingland'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 Zhejiang Kingland's stock is overvalued or undervalued compared to its peers.
- Examining Zhejiang Kingland'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 Zhejiang Kingland's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Zhejiang Kingland's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Zhejiang Kingland's stock. These opinions can provide insight into Zhejiang Kingland's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Zhejiang Stock analysis
When running Zhejiang Kingland's price analysis, check to measure Zhejiang Kingland'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 Zhejiang Kingland is operating at the current time. Most of Zhejiang Kingland's value examination focuses on studying past and present price action to predict the probability of Zhejiang Kingland's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zhejiang Kingland's price. Additionally, you may evaluate how the addition of Zhejiang Kingland to your portfolios can decrease your overall portfolio volatility.
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities |