Olympic Circuit (China) Performance
| 603920 Stock | 29.14 0.04 0.14% |
The company holds a Beta of 0.35, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Olympic Circuit's returns are expected to increase less than the market. However, during the bear market, the loss of holding Olympic Circuit is expected to be smaller as well. At this point, Olympic Circuit Tech has a negative expected return of -0.0277%. Please make sure to check Olympic Circuit's total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to decide if Olympic Circuit Tech 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 Olympic Circuit Technology has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Olympic Circuit is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
Payout Ratio 0.5051 | Last Split Factor 1.3:1 | Ex Dividend Date 2024-06-19 | Last Split Date 2021-06-17 |
1 | Olympic Circuit Technology Has Some Way To Go To Become A Multi-Bagger - Simply Wall St | 01/17/2025 |
2 | Olympic Circuit Technology Co., Ltds 25 percent Share Price Surge Not Quite Adding Up - Simply Wall St | 02/07/2025 |
3 | Olympic Circuit Technology Co., Ltds Popularity With Investors Under Threat As Stock Sinks 25 percent - Simply Wall St | 03/25/2025 |
| Begin Period Cash Flow | 1.2 B |
Olympic |
Olympic Circuit Relative Risk vs. Return Landscape
If you would invest 3,109 in Olympic Circuit Technology on December 28, 2024 and sell it today you would lose (195.00) from holding Olympic Circuit Technology or give up 6.27% of portfolio value over 90 days. Olympic Circuit Technology is generating negative expected returns and assumes 4.1628% volatility on return distribution over the 90 days horizon. Simply put, 37% of stocks are less volatile than Olympic, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Olympic Circuit Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Olympic Circuit's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Olympic Circuit Technology, and traders can use it to determine the average amount a Olympic Circuit'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 = -0.0067
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 603920 |
Estimated Market Risk
| 4.16 actual daily | 37 63% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Olympic Circuit 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 Olympic Circuit by adding Olympic Circuit to a well-diversified portfolio.
Olympic Circuit Fundamentals Growth
Olympic Stock prices reflect investors' perceptions of the future prospects and financial health of Olympic Circuit, and Olympic Circuit 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 Olympic Stock performance.
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.058 | ||||
| Profit Margin | 0.12 % | ||||
| Operating Margin | 0.17 % | ||||
| Current Valuation | 17.96 B | ||||
| Shares Outstanding | 719.41 M | ||||
| Price To Book | 3.89 X | ||||
| Price To Sales | 4.33 X | ||||
| Revenue | 4.52 B | ||||
| Gross Profit | 1.13 B | ||||
| EBITDA | 1.02 B | ||||
| Net Income | 495.52 M | ||||
| Total Debt | 2.79 B | ||||
| Book Value Per Share | 8.10 X | ||||
| Cash Flow From Operations | 1.44 B | ||||
| Earnings Per Share | 0.99 X | ||||
| Total Asset | 6.31 B | ||||
| Retained Earnings | 931.56 M | ||||
About Olympic Circuit Performance
By analyzing Olympic Circuit's fundamental ratios, stakeholders can gain valuable insights into Olympic Circuit's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Olympic Circuit 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 Olympic Circuit has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Olympic Circuit is entity of China. It is traded as Stock on SHG exchange.Things to note about Olympic Circuit Tech performance evaluation
Checking the ongoing alerts about Olympic Circuit for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Olympic Circuit Tech help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Olympic Circuit Tech generated a negative expected return over the last 90 days | |
| Olympic Circuit Tech has high historical volatility and very poor performance | |
| About 49.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Olympic Circuit Technology Co., Ltds Popularity With Investors Under Threat As Stock Sinks 25 percent - Simply Wall St |
- Analyzing Olympic Circuit'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 Olympic Circuit's stock is overvalued or undervalued compared to its peers.
- Examining Olympic Circuit'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 Olympic Circuit's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Olympic Circuit's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Olympic Circuit's stock. These opinions can provide insight into Olympic Circuit's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Olympic Stock analysis
When running Olympic Circuit's price analysis, check to measure Olympic Circuit'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 Olympic Circuit is operating at the current time. Most of Olympic Circuit's value examination focuses on studying past and present price action to predict the probability of Olympic Circuit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Olympic Circuit's price. Additionally, you may evaluate how the addition of Olympic Circuit to your portfolios can decrease your overall portfolio volatility.
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Stocks Directory Find actively traded stocks across global markets | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope |