Hengerda New (China) Performance
| 300946 Stock | 28.29 0.98 3.59% |
On a scale of 0 to 100, Hengerda New holds a performance score of 9. The company retains a Market Volatility (i.e., Beta) of -0.31, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Hengerda New are expected to decrease at a much lower rate. During the bear market, Hengerda New is likely to outperform the market. Please check Hengerda New's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Hengerda New's current trending patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Hengerda New Materials are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Hengerda New sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Forward Dividend Yield 0.0081 | Payout Ratio 0.2931 | Last Split Factor 1.8:1 | Forward Dividend Rate 0.23 | Ex Dividend Date 2024-05-23 |
1 | There Are Reasons To Feel Uneasy About Hengerda New Materials s Returns On Capital - Simply Wall St | 09/27/2024 |
| Begin Period Cash Flow | 111.8 M | |
| Free Cash Flow | -118.2 M |
Hengerda |
Hengerda New Relative Risk vs. Return Landscape
If you would invest 2,270 in Hengerda New Materials on September 2, 2024 and sell it today you would earn a total of 559.00 from holding Hengerda New Materials or generate 24.63% return on investment over 90 days. Hengerda New Materials is generating 0.4412% of daily returns and assumes 3.7186% volatility on return distribution over the 90 days horizon. Simply put, 33% of stocks are less volatile than Hengerda, and 92% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Hengerda New Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hengerda New's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Hengerda New Materials, and traders can use it to determine the average amount a Hengerda New'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 = 0.1186
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Estimated Market Risk
| 3.72 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.44 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Hengerda New is performing at about 9% 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 Hengerda New by adding it to a well-diversified portfolio.
Hengerda New Fundamentals Growth
Hengerda Stock prices reflect investors' perceptions of the future prospects and financial health of Hengerda New, and Hengerda New 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 Hengerda Stock performance.
| Return On Equity | 0.0828 | ||||
| Return On Asset | 0.047 | ||||
| Profit Margin | 0.16 % | ||||
| Operating Margin | 0.22 % | ||||
| Current Valuation | 3.42 B | ||||
| Shares Outstanding | 120.01 M | ||||
| Price To Book | 2.90 X | ||||
| Price To Sales | 5.88 X | ||||
| Revenue | 542.49 M | ||||
| Gross Profit | 138.71 M | ||||
| EBITDA | 140.21 M | ||||
| Net Income | 87.29 M | ||||
| Total Debt | 52.42 M | ||||
| Book Value Per Share | 9.76 X | ||||
| Cash Flow From Operations | 69.87 M | ||||
| Earnings Per Share | 0.79 X | ||||
| Total Asset | 1.45 B | ||||
| Retained Earnings | 356.43 M | ||||
About Hengerda New Performance
By analyzing Hengerda New's fundamental ratios, stakeholders can gain valuable insights into Hengerda New's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Hengerda New 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 Hengerda New has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Hengerda New is entity of China. It is traded as Stock on SHE exchange.Things to note about Hengerda New Materials performance evaluation
Checking the ongoing alerts about Hengerda New for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Hengerda New Materials help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Hengerda New had very high historical volatility over the last 90 days | |
| Hengerda New is unlikely to experience financial distress in the next 2 years | |
| About 76.0% of the company shares are owned by insiders or employees |
- Analyzing Hengerda New'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 Hengerda New's stock is overvalued or undervalued compared to its peers.
- Examining Hengerda New'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 Hengerda New's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hengerda New's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Hengerda New's stock. These opinions can provide insight into Hengerda New's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Hengerda Stock analysis
When running Hengerda New's price analysis, check to measure Hengerda New'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 Hengerda New is operating at the current time. Most of Hengerda New's value examination focuses on studying past and present price action to predict the probability of Hengerda New's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hengerda New's price. Additionally, you may evaluate how the addition of Hengerda New to your portfolios can decrease your overall portfolio volatility.
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