TCL Zhonghuan (China) Performance
| 002129 Stock | 9.36 0.06 0.64% |
On a scale of 0 to 100, TCL Zhonghuan holds a performance score of 5. The firm has a beta of -0.43, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning TCL Zhonghuan are expected to decrease at a much lower rate. During the bear market, TCL Zhonghuan is likely to outperform the market. Please check TCL Zhonghuan's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and standard deviation , to make a quick decision on whether TCL Zhonghuan's existing price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in TCL Zhonghuan Renewable are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, TCL Zhonghuan sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Forward Dividend Yield 0.0215 | Last Split Factor 1.25:1 | Forward Dividend Rate 0.26 | Ex Dividend Date 2024-07-09 | Last Split Date 2023-06-16 |
1 | Improved Revenues Required Before TCL Zhonghuan Renewable Energy Technology Co.,Ltd. Stocks 26 percent Jump Looks Justified - Simply Wall St | 09/30/2024 |
| Begin Period Cash Flow | 9.9 B |
TCL |
TCL Zhonghuan Relative Risk vs. Return Landscape
If you would invest 826.00 in TCL Zhonghuan Renewable on September 24, 2024 and sell it today you would earn a total of 110.00 from holding TCL Zhonghuan Renewable or generate 13.32% return on investment over 90 days. TCL Zhonghuan Renewable is generating 0.2888% of daily returns and assumes 4.0634% volatility on return distribution over the 90 days horizon. Simply put, 36% of stocks are less volatile than TCL, and 95% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
TCL Zhonghuan Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for TCL Zhonghuan's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as TCL Zhonghuan Renewable, and traders can use it to determine the average amount a TCL Zhonghuan'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 = 0.0711
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Estimated Market Risk
| 4.06 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average TCL Zhonghuan is performing at about 5% of its full potential. 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 TCL Zhonghuan by adding it to a well-diversified portfolio.
TCL Zhonghuan Fundamentals Growth
TCL Stock prices reflect investors' perceptions of the future prospects and financial health of TCL Zhonghuan, and TCL Zhonghuan 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 TCL Stock performance.
| Return On Equity | -0.16 | ||||
| Return On Asset | -0.0268 | ||||
| Profit Margin | (0.27) % | ||||
| Operating Margin | (0.08) % | ||||
| Current Valuation | 74.19 B | ||||
| Shares Outstanding | 4.04 B | ||||
| Price To Book | 1.09 X | ||||
| Price To Sales | 1.13 X | ||||
| Revenue | 59.15 B | ||||
| Gross Profit | 10.47 B | ||||
| EBITDA | 2.42 B | ||||
| Net Income | 3.42 B | ||||
| Total Debt | 250.12 M | ||||
| Book Value Per Share | 8.70 X | ||||
| Cash Flow From Operations | 5.18 B | ||||
| Earnings Per Share | (2.21) X | ||||
| Total Asset | 125.06 B | ||||
| Retained Earnings | 16.34 B | ||||
About TCL Zhonghuan Performance
By analyzing TCL Zhonghuan's fundamental ratios, stakeholders can gain valuable insights into TCL Zhonghuan's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if TCL Zhonghuan 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 TCL Zhonghuan has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
TCL Zhonghuan is entity of China. It is traded as Stock on SHE exchange.Things to note about TCL Zhonghuan Renewable performance evaluation
Checking the ongoing alerts about TCL Zhonghuan for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for TCL Zhonghuan Renewable help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| TCL Zhonghuan had very high historical volatility over the last 90 days | |
| TCL Zhonghuan has high likelihood to experience some financial distress in the next 2 years | |
| About 31.0% of the company shares are owned by insiders or employees |
- Analyzing TCL Zhonghuan'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 TCL Zhonghuan's stock is overvalued or undervalued compared to its peers.
- Examining TCL Zhonghuan'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 TCL Zhonghuan's management team can have a significant impact on its success or failure. Reviewing the track record and experience of TCL Zhonghuan's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of TCL Zhonghuan's stock. These opinions can provide insight into TCL Zhonghuan's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for TCL Stock analysis
When running TCL Zhonghuan's price analysis, check to measure TCL Zhonghuan'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 TCL Zhonghuan is operating at the current time. Most of TCL Zhonghuan's value examination focuses on studying past and present price action to predict the probability of TCL Zhonghuan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TCL Zhonghuan's price. Additionally, you may evaluate how the addition of TCL Zhonghuan to your portfolios can decrease your overall portfolio volatility.
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