Tongling Nonferrous (China) Performance
| 000630 Stock | 3.31 0.05 1.49% |
The entity has a beta of 0.31, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Tongling Nonferrous' returns are expected to increase less than the market. However, during the bear market, the loss of holding Tongling Nonferrous is expected to be smaller as well. At this point, Tongling Nonferrous has a negative expected return of -0.0112%. Please make sure to validate Tongling Nonferrous' jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if Tongling Nonferrous 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 Tongling Nonferrous Metals has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Tongling Nonferrous 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 0.0239 | Payout Ratio 0.3904 | Last Split Factor 25:10 | Forward Dividend Rate 0.08 | Ex Dividend Date 2024-06-07 |
1 | While individual investors own 42 percent of Tongling Nonferrous Metals Group Co.,Ltd. , private companies are its largest shareholders with 50 percent ownershi... | 01/24/2025 |
| Begin Period Cash Flow | 9.9 B |
Tongling |
Tongling Nonferrous Relative Risk vs. Return Landscape
If you would invest 340.00 in Tongling Nonferrous Metals on November 19, 2024 and sell it today you would lose (4.00) from holding Tongling Nonferrous Metals or give up 1.18% of portfolio value over 90 days. Tongling Nonferrous Metals is generating negative expected returns and assumes 1.3742% volatility on return distribution over the 90 days horizon. Simply put, 12% of stocks are less volatile than Tongling, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Tongling Nonferrous Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tongling Nonferrous' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Tongling Nonferrous Metals, and traders can use it to determine the average amount a Tongling Nonferrous' 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 = -0.0081
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| Negative Returns | 000630 |
Estimated Market Risk
| 1.37 actual daily | 12 88% of assets are more volatile |
Expected Return
| -0.01 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 Tongling Nonferrous 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 Tongling Nonferrous by adding Tongling Nonferrous to a well-diversified portfolio.
Tongling Nonferrous Fundamentals Growth
Tongling Stock prices reflect investors' perceptions of the future prospects and financial health of Tongling Nonferrous, and Tongling Nonferrous 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 Tongling Stock performance.
| Return On Equity | 0.0984 | ||||
| Return On Asset | 0.044 | ||||
| Profit Margin | 0.02 % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 56.96 B | ||||
| Shares Outstanding | 12.79 B | ||||
| Price To Book | 1.26 X | ||||
| Price To Sales | 0.30 X | ||||
| Revenue | 137.45 B | ||||
| Gross Profit | 9.69 B | ||||
| EBITDA | 9.66 B | ||||
| Net Income | 2.7 B | ||||
| Total Debt | 9.65 B | ||||
| Book Value Per Share | 2.63 X | ||||
| Cash Flow From Operations | 5.92 B | ||||
| Earnings Per Share | 0.22 X | ||||
| Total Asset | 78.25 B | ||||
| Retained Earnings | 11.19 B | ||||
About Tongling Nonferrous Performance
By analyzing Tongling Nonferrous' fundamental ratios, stakeholders can gain valuable insights into Tongling Nonferrous' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Tongling Nonferrous 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 Tongling Nonferrous has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Tongling Nonferrous is entity of China. It is traded as Stock on SHE exchange.Things to note about Tongling Nonferrous performance evaluation
Checking the ongoing alerts about Tongling Nonferrous for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Tongling Nonferrous help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Tongling Nonferrous generated a negative expected return over the last 90 days | |
| Tongling Nonferrous is unlikely to experience financial distress in the next 2 years | |
| About 50.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: While individual investors own 42 percent of Tongling Nonferrous Metals Group Co.,Ltd. , private companies are its largest shareholders with 50 percent ownership - Simply Wall St |
- Analyzing Tongling Nonferrous' 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 Tongling Nonferrous' stock is overvalued or undervalued compared to its peers.
- Examining Tongling Nonferrous' 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 Tongling Nonferrous' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Tongling Nonferrous' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Tongling Nonferrous' stock. These opinions can provide insight into Tongling Nonferrous' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Tongling Stock analysis
When running Tongling Nonferrous' price analysis, check to measure Tongling Nonferrous' 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 Tongling Nonferrous is operating at the current time. Most of Tongling Nonferrous' value examination focuses on studying past and present price action to predict the probability of Tongling Nonferrous' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tongling Nonferrous' price. Additionally, you may evaluate how the addition of Tongling Nonferrous to your portfolios can decrease your overall portfolio volatility.
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