Zhejiang Zanyu (China) Performance
| 002637 Stock | 9.18 0.15 1.61% |
The firm maintains a market beta of -0.23, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Zhejiang Zanyu are expected to decrease at a much lower rate. During the bear market, Zhejiang Zanyu is likely to outperform the market. At this point, Zhejiang Zanyu Technology has a negative expected return of -0.2%. Please make sure to check out Zhejiang Zanyu's standard deviation, jensen alpha, and the relationship between the coefficient of variation and information ratio , to decide if Zhejiang Zanyu Technology 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 Zanyu Technology 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 0.0104 | Payout Ratio 1.0406 | Last Split Factor 20:10 | Forward Dividend Rate 0.1 | Ex Dividend Date 2024-06-18 |
| Begin Period Cash Flow | 317.4 M |
Zhejiang |
Zhejiang Zanyu Relative Risk vs. Return Landscape
If you would invest 1,037 in Zhejiang Zanyu Technology on December 14, 2024 and sell it today you would lose (119.00) from holding Zhejiang Zanyu Technology or give up 11.48% of portfolio value over 90 days. Zhejiang Zanyu Technology is generating negative expected returns and assumes 1.8554% volatility on return distribution over the 90 days horizon. Simply put, 16% 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 Zanyu Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zhejiang Zanyu's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Zhejiang Zanyu Technology, and traders can use it to determine the average amount a Zhejiang Zanyu'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 = -0.106
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 002637 |
Estimated Market Risk
| 1.86 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.2 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Zhejiang Zanyu 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 Zanyu by adding Zhejiang Zanyu to a well-diversified portfolio.
Zhejiang Zanyu Fundamentals Growth
Zhejiang Stock prices reflect investors' perceptions of the future prospects and financial health of Zhejiang Zanyu, and Zhejiang Zanyu 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 | 0.022 | ||||
| Return On Asset | 0.0173 | ||||
| Profit Margin | 0.01 % | ||||
| Operating Margin | 0.03 % | ||||
| Current Valuation | 6.3 B | ||||
| Shares Outstanding | 470.4 M | ||||
| Price To Book | 1.16 X | ||||
| Price To Sales | 0.44 X | ||||
| Revenue | 9.61 B | ||||
| Gross Profit | 525.46 M | ||||
| EBITDA | 508.76 M | ||||
| Net Income | 87.88 M | ||||
| Total Debt | 1.36 B | ||||
| Book Value Per Share | 8.08 X | ||||
| Cash Flow From Operations | 543 M | ||||
| Earnings Per Share | 0.22 X | ||||
| Total Asset | 7.86 B | ||||
| Retained Earnings | 1.78 B | ||||
About Zhejiang Zanyu Performance
By analyzing Zhejiang Zanyu's fundamental ratios, stakeholders can gain valuable insights into Zhejiang Zanyu's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Zhejiang Zanyu 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 Zanyu has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Zhejiang Zanyu is entity of China. It is traded as Stock on SHE exchange.Things to note about Zhejiang Zanyu Technology performance evaluation
Checking the ongoing alerts about Zhejiang Zanyu for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Zhejiang Zanyu Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Zhejiang Zanyu generated a negative expected return over the last 90 days | |
| Zhejiang Zanyu is unlikely to experience financial distress in the next 2 years | |
| About 49.0% of the company shares are owned by insiders or employees |
- Analyzing Zhejiang Zanyu'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 Zanyu's stock is overvalued or undervalued compared to its peers.
- Examining Zhejiang Zanyu'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 Zanyu's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Zhejiang Zanyu's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Zhejiang Zanyu's stock. These opinions can provide insight into Zhejiang Zanyu's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Zhejiang Stock analysis
When running Zhejiang Zanyu's price analysis, check to measure Zhejiang Zanyu'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 Zanyu is operating at the current time. Most of Zhejiang Zanyu's value examination focuses on studying past and present price action to predict the probability of Zhejiang Zanyu'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 Zanyu's price. Additionally, you may evaluate how the addition of Zhejiang Zanyu to your portfolios can decrease your overall portfolio volatility.
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