New China (China) Performance
| 601336 Stock | 48.09 2.51 4.96% |
The company secures a Beta (Market Risk) of 0.0824, which conveys not very significant fluctuations relative to the market. As returns on the market increase, New China's returns are expected to increase less than the market. However, during the bear market, the loss of holding New China is expected to be smaller as well. New China Life right now secures a risk of 2.38%. Please verify New China Life jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to decide if New China Life will be following its current price movements.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days New China Life has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, New China is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 17.6 B |
New |
New China Relative Risk vs. Return Landscape
If you would invest 4,821 in New China Life on December 2, 2024 and sell it today you would lose (12.00) from holding New China Life or give up 0.25% of portfolio value over 90 days. New China Life is generating 0.0235% of daily returns and assumes 2.379% volatility on return distribution over the 90 days horizon. Simply put, 21% of stocks are less volatile than New, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
New China Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for New China's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as New China Life, and traders can use it to determine the average amount a New China'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 = 0.0099
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 601336 |
Estimated Market Risk
| 2.38 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average New China 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 New China by adding New China to a well-diversified portfolio.
New China Fundamentals Growth
New Stock prices reflect investors' perceptions of the future prospects and financial health of New China, and New China 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 New Stock performance.
| Return On Equity | 0.2 | ||||
| Return On Asset | 0.0104 | ||||
| Profit Margin | 0.32 % | ||||
| Operating Margin | 49.84 % | ||||
| Current Valuation | 133.41 B | ||||
| Shares Outstanding | 2.09 B | ||||
| Price To Book | 1.65 X | ||||
| Price To Sales | 2.03 X | ||||
| Revenue | 70.1 B | ||||
| EBITDA | 26.4 B | ||||
| Total Debt | 1.3 T | ||||
| Book Value Per Share | 29.18 X | ||||
| Cash Flow From Operations | 91.55 B | ||||
| Earnings Per Share | 6.36 X | ||||
| Total Asset | 1.4 T | ||||
| Retained Earnings | 92.12 B | ||||
About New China Performance
By analyzing New China's fundamental ratios, stakeholders can gain valuable insights into New China's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if New China 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 New China 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 New China Life performance evaluation
Checking the ongoing alerts about New China for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for New China Life help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| About 67.0% of the company shares are owned by insiders or employees |
- Analyzing New China'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 New China's stock is overvalued or undervalued compared to its peers.
- Examining New China'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 New China's management team can have a significant impact on its success or failure. Reviewing the track record and experience of New China's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of New China's stock. These opinions can provide insight into New China's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for New Stock analysis
When running New China's price analysis, check to measure New China'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 New China is operating at the current time. Most of New China's value examination focuses on studying past and present price action to predict the probability of New China's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New China's price. Additionally, you may evaluate how the addition of New China to your portfolios can decrease your overall portfolio volatility.
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated |