Rongsheng Petrochemical (China) Performance
| 002493 Stock | 8.76 0.16 1.79% |
The company holds a Beta of -0.16, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Rongsheng Petrochemical are expected to decrease at a much lower rate. During the bear market, Rongsheng Petrochemical is likely to outperform the market. At this point, Rongsheng Petrochemical has a negative expected return of -0.0768%. Please make sure to check Rongsheng Petrochemical's jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if Rongsheng Petrochemical 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 Rongsheng Petrochemical Co has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Rongsheng Petrochemical 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 0.0112 | Payout Ratio 1.087 | Last Split Factor 1.5:1 | Forward Dividend Rate 0.1 | Ex Dividend Date 2024-06-05 |
1 | Asia GasoilJet Fuel Tender Summary-China refiners sell April jet fuel at discounts - Marketscreener.com | 03/26/2025 |
| Begin Period Cash Flow | 15.5 B |
Rongsheng |
Rongsheng Petrochemical Relative Risk vs. Return Landscape
If you would invest 920.00 in Rongsheng Petrochemical Co on December 28, 2024 and sell it today you would lose (44.00) from holding Rongsheng Petrochemical Co or give up 4.78% of portfolio value over 90 days. Rongsheng Petrochemical Co is generating negative expected returns and assumes 1.2483% volatility on return distribution over the 90 days horizon. Simply put, 11% of stocks are less volatile than Rongsheng, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Rongsheng Petrochemical Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rongsheng Petrochemical's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Rongsheng Petrochemical Co, and traders can use it to determine the average amount a Rongsheng Petrochemical'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 = -0.0615
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| Negative Returns | 002493 |
Estimated Market Risk
| 1.25 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Rongsheng Petrochemical 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 Rongsheng Petrochemical by adding Rongsheng Petrochemical to a well-diversified portfolio.
Rongsheng Petrochemical Fundamentals Growth
Rongsheng Stock prices reflect investors' perceptions of the future prospects and financial health of Rongsheng Petrochemical, and Rongsheng Petrochemical 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 Rongsheng Stock performance.
| Return On Equity | 0.0351 | ||||
| Return On Asset | 0.0195 | ||||
| Profit Margin | 0.01 % | ||||
| Operating Margin | 0.03 % | ||||
| Current Valuation | 260.89 B | ||||
| Shares Outstanding | 10.13 B | ||||
| Price To Book | 2.03 X | ||||
| Price To Sales | 0.27 X | ||||
| Revenue | 325.11 B | ||||
| Gross Profit | 38.87 B | ||||
| EBITDA | 23.56 B | ||||
| Net Income | 1.6 B | ||||
| Total Debt | 200.47 B | ||||
| Book Value Per Share | 4.58 X | ||||
| Cash Flow From Operations | 28.08 B | ||||
| Earnings Per Share | 0.20 X | ||||
| Total Asset | 374.92 B | ||||
| Retained Earnings | 28.86 B | ||||
About Rongsheng Petrochemical Performance
By analyzing Rongsheng Petrochemical's fundamental ratios, stakeholders can gain valuable insights into Rongsheng Petrochemical's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Rongsheng Petrochemical 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 Rongsheng Petrochemical has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Rongsheng Petrochemical is entity of China. It is traded as Stock on SHE exchange.Things to note about Rongsheng Petrochemical performance evaluation
Checking the ongoing alerts about Rongsheng Petrochemical for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Rongsheng Petrochemical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Rongsheng Petrochemical generated a negative expected return over the last 90 days | |
| Rongsheng Petrochemical has high likelihood to experience some financial distress in the next 2 years | |
| About 74.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Asia GasoilJet Fuel Tender Summary-China refiners sell April jet fuel at discounts - Marketscreener.com |
- Analyzing Rongsheng Petrochemical'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 Rongsheng Petrochemical's stock is overvalued or undervalued compared to its peers.
- Examining Rongsheng Petrochemical'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 Rongsheng Petrochemical's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Rongsheng Petrochemical's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Rongsheng Petrochemical's stock. These opinions can provide insight into Rongsheng Petrochemical's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Rongsheng Stock analysis
When running Rongsheng Petrochemical's price analysis, check to measure Rongsheng Petrochemical'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 Rongsheng Petrochemical is operating at the current time. Most of Rongsheng Petrochemical's value examination focuses on studying past and present price action to predict the probability of Rongsheng Petrochemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rongsheng Petrochemical's price. Additionally, you may evaluate how the addition of Rongsheng Petrochemical to your portfolios can decrease your overall portfolio volatility.
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