Zhejiang Kingland (China) Performance
| 002443 Stock | 6.39 0.07 1.11% |
On a scale of 0 to 100, Zhejiang Kingland holds a performance score of 12. The firm maintains a market beta of -0.88, which attests to possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Zhejiang Kingland are expected to decrease slowly. On the other hand, during market turmoil, Zhejiang Kingland is expected to outperform it slightly. Please check Zhejiang Kingland's downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Zhejiang Kingland's historical returns will revert.
Risk-Adjusted Performance
12 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Zhejiang Kingland Pipeline are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Zhejiang Kingland sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Forward Dividend Yield 0.0094 | Payout Ratio 0.2407 | Last Split Factor 12:10 | Forward Dividend Rate 0.06 | Ex Dividend Date 2024-06-28 |
1 | Electric Resistance Welded Steel Pipe Market Size, Share, Growth and Industry Trends - United States Security Bayonet ... | 09/23/2024 |
| Begin Period Cash Flow | 728 M |
Zhejiang |
Zhejiang Kingland Relative Risk vs. Return Landscape
If you would invest 515.00 in Zhejiang Kingland Pipeline on September 2, 2024 and sell it today you would earn a total of 124.00 from holding Zhejiang Kingland Pipeline or generate 24.08% return on investment over 90 days. Zhejiang Kingland Pipeline is generating 0.3986% of daily returns and assumes 2.5875% volatility on return distribution over the 90 days horizon. Simply put, 23% of stocks are less volatile than Zhejiang, and 93% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Zhejiang Kingland Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zhejiang Kingland's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Zhejiang Kingland Pipeline, and traders can use it to determine the average amount a Zhejiang Kingland'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 = 0.1541
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Estimated Market Risk
| 2.59 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.4 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average Zhejiang Kingland is performing at about 12% 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 Zhejiang Kingland by adding it to a well-diversified portfolio.
Zhejiang Kingland Fundamentals Growth
Zhejiang Stock prices reflect investors' perceptions of the future prospects and financial health of Zhejiang Kingland, and Zhejiang Kingland 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 | 0.057 | ||||
| Return On Asset | 0.0229 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | 0 % | ||||
| Current Valuation | 2.23 B | ||||
| Shares Outstanding | 520.54 M | ||||
| Price To Book | 0.96 X | ||||
| Price To Sales | 0.69 X | ||||
| Revenue | 5.74 B | ||||
| Gross Profit | 657.41 M | ||||
| EBITDA | 243.67 M | ||||
| Net Income | 283.78 M | ||||
| Total Debt | 305.06 M | ||||
| Book Value Per Share | 6.62 X | ||||
| Cash Flow From Operations | 661.65 M | ||||
| Earnings Per Share | 0.35 X | ||||
| Total Asset | 4.64 B | ||||
| Retained Earnings | 1.84 B | ||||
About Zhejiang Kingland Performance
By analyzing Zhejiang Kingland's fundamental ratios, stakeholders can gain valuable insights into Zhejiang Kingland's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Zhejiang Kingland 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 Kingland has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Zhejiang Kingland is entity of China. It is traded as Stock on SHE exchange.Things to note about Zhejiang Kingland performance evaluation
Checking the ongoing alerts about Zhejiang Kingland for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Zhejiang Kingland help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| About 26.0% of the company shares are owned by insiders or employees |
- Analyzing Zhejiang Kingland'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 Kingland's stock is overvalued or undervalued compared to its peers.
- Examining Zhejiang Kingland'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 Kingland's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Zhejiang Kingland's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Zhejiang Kingland's stock. These opinions can provide insight into Zhejiang Kingland's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Zhejiang Stock analysis
When running Zhejiang Kingland's price analysis, check to measure Zhejiang Kingland'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 Kingland is operating at the current time. Most of Zhejiang Kingland's value examination focuses on studying past and present price action to predict the probability of Zhejiang Kingland'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 Kingland's price. Additionally, you may evaluate how the addition of Zhejiang Kingland to your portfolios can decrease your overall portfolio volatility.
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