Cangzhou Mingzhu (China) Performance
| 002108 Stock | 3.42 0.02 0.58% |
The firm shows a Beta (market volatility) of 0.18, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Cangzhou Mingzhu's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cangzhou Mingzhu is expected to be smaller as well. At this point, Cangzhou Mingzhu Plastic has a negative expected return of -0.34%. Please make sure to confirm Cangzhou Mingzhu's coefficient of variation, jensen alpha, treynor ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Cangzhou Mingzhu Plastic 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 Cangzhou Mingzhu Plastic has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Stock's basic indicators remain somewhat strong which may send shares a bit higher in April 2025. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
Forward Dividend Yield 0.0292 | Payout Ratio 0.0155 | Last Split Factor 1.3:1 | Forward Dividend Rate 0.1 | Ex Dividend Date 2024-05-27 |
| Begin Period Cash Flow | 1.4 B |
Cangzhou |
Cangzhou Mingzhu Relative Risk vs. Return Landscape
If you would invest 421.00 in Cangzhou Mingzhu Plastic on December 2, 2024 and sell it today you would lose (79.00) from holding Cangzhou Mingzhu Plastic or give up 18.76% of portfolio value over 90 days. Cangzhou Mingzhu Plastic is generating negative expected returns and assumes 1.5295% volatility on return distribution over the 90 days horizon. Simply put, 13% of stocks are less volatile than Cangzhou, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Cangzhou Mingzhu Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cangzhou Mingzhu's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Cangzhou Mingzhu Plastic, and traders can use it to determine the average amount a Cangzhou Mingzhu'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 = -0.2223
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 002108 |
Estimated Market Risk
| 1.53 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.34 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.22 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Cangzhou Mingzhu 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 Cangzhou Mingzhu by adding Cangzhou Mingzhu to a well-diversified portfolio.
Cangzhou Mingzhu Fundamentals Growth
Cangzhou Stock prices reflect investors' perceptions of the future prospects and financial health of Cangzhou Mingzhu, and Cangzhou Mingzhu 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 Cangzhou Stock performance.
| Return On Equity | 0.0331 | ||||
| Return On Asset | 0.0043 | ||||
| Profit Margin | 0.07 % | ||||
| Operating Margin | 0.06 % | ||||
| Current Valuation | 6.5 B | ||||
| Shares Outstanding | 1.67 B | ||||
| Price To Book | 1.12 X | ||||
| Price To Sales | 2.20 X | ||||
| Revenue | 2.62 B | ||||
| Gross Profit | 278.91 M | ||||
| EBITDA | 234.21 M | ||||
| Net Income | 272.59 M | ||||
| Total Debt | 386.72 M | ||||
| Book Value Per Share | 3.07 X | ||||
| Cash Flow From Operations | 344.42 M | ||||
| Earnings Per Share | 0.10 X | ||||
| Total Asset | 7.11 B | ||||
| Retained Earnings | 2.04 B | ||||
About Cangzhou Mingzhu Performance
By analyzing Cangzhou Mingzhu's fundamental ratios, stakeholders can gain valuable insights into Cangzhou Mingzhu's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Cangzhou Mingzhu 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 Cangzhou Mingzhu has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Cangzhou Mingzhu is entity of China. It is traded as Stock on SHE exchange.Things to note about Cangzhou Mingzhu Plastic performance evaluation
Checking the ongoing alerts about Cangzhou Mingzhu for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Cangzhou Mingzhu Plastic help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Cangzhou Mingzhu generated a negative expected return over the last 90 days | |
| Cangzhou Mingzhu is unlikely to experience financial distress in the next 2 years | |
| About 30.0% of the company shares are owned by insiders or employees |
- Analyzing Cangzhou Mingzhu'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 Cangzhou Mingzhu's stock is overvalued or undervalued compared to its peers.
- Examining Cangzhou Mingzhu'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 Cangzhou Mingzhu's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Cangzhou Mingzhu's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Cangzhou Mingzhu's stock. These opinions can provide insight into Cangzhou Mingzhu's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Cangzhou Stock analysis
When running Cangzhou Mingzhu's price analysis, check to measure Cangzhou Mingzhu'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 Cangzhou Mingzhu is operating at the current time. Most of Cangzhou Mingzhu's value examination focuses on studying past and present price action to predict the probability of Cangzhou Mingzhu's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cangzhou Mingzhu's price. Additionally, you may evaluate how the addition of Cangzhou Mingzhu to your portfolios can decrease your overall portfolio volatility.
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