Xinjiang Daqo (China) Performance
| 688303 Stock | 24.23 0.59 2.38% |
On a scale of 0 to 100, Xinjiang Daqo holds a performance score of 8. The firm maintains a market beta of -0.55, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Xinjiang Daqo are expected to decrease at a much lower rate. During the bear market, Xinjiang Daqo is likely to outperform the market. Please check Xinjiang Daqo's downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Xinjiang Daqo's historical returns will revert.
Risk-Adjusted Performance
8 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Xinjiang Daqo New are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Xinjiang Daqo sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Forward Dividend Yield 0.0168 | Payout Ratio 1.3064 | Forward Dividend Rate 0.42 | Ex Dividend Date 2024-06-06 |
1 | China Solar Shares Extend Surge on Possible Production Curbs - Yahoo Finance | 10/24/2024 |
2 | Xinjiang Daqo New EnergyLtds Returns On Capital Not Reflecting Well On The Business - Simply Wall St | 12/05/2024 |
| Begin Period Cash Flow | 23.7 B |
Xinjiang |
Xinjiang Daqo Relative Risk vs. Return Landscape
If you would invest 1,884 in Xinjiang Daqo New on September 21, 2024 and sell it today you would earn a total of 598.00 from holding Xinjiang Daqo New or generate 31.74% return on investment over 90 days. Xinjiang Daqo New is generating 0.6179% of daily returns and assumes 5.8245% volatility on return distribution over the 90 days horizon. Simply put, 51% of stocks are less volatile than Xinjiang, and 88% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Xinjiang Daqo Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Xinjiang Daqo's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Xinjiang Daqo New, and traders can use it to determine the average amount a Xinjiang Daqo'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 = 0.1061
| Best Portfolio | Best Equity | |||
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| Small Returns | 688303 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.82 actual daily | 51 51% of assets are less volatile |
Expected Return
| 0.62 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Xinjiang Daqo is performing at about 8% 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 Xinjiang Daqo by adding it to a well-diversified portfolio.
Xinjiang Daqo Fundamentals Growth
Xinjiang Stock prices reflect investors' perceptions of the future prospects and financial health of Xinjiang Daqo, and Xinjiang Daqo 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 Xinjiang Stock performance.
| Return On Equity | -0.0106 | ||||
| Return On Asset | 0.0014 | ||||
| Profit Margin | (0.05) % | ||||
| Operating Margin | 0.58 % | ||||
| Current Valuation | 29.65 B | ||||
| Shares Outstanding | 2.15 B | ||||
| Price To Book | 1.27 X | ||||
| Price To Sales | 5.50 X | ||||
| Revenue | 16.33 B | ||||
| Gross Profit | 23.15 B | ||||
| EBITDA | 1.39 B | ||||
| Net Income | 5.76 B | ||||
| Total Debt | 6.82 B | ||||
| Book Value Per Share | 19.63 X | ||||
| Cash Flow From Operations | 8.74 B | ||||
| Earnings Per Share | (0.20) X | ||||
| Total Asset | 50.7 B | ||||
| Retained Earnings | 23.39 B | ||||
About Xinjiang Daqo Performance
By analyzing Xinjiang Daqo's fundamental ratios, stakeholders can gain valuable insights into Xinjiang Daqo's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Xinjiang Daqo 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 Xinjiang Daqo has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Xinjiang Daqo is entity of China. It is traded as Stock on SHG exchange.Things to note about Xinjiang Daqo New performance evaluation
Checking the ongoing alerts about Xinjiang Daqo for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Xinjiang Daqo New help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Xinjiang Daqo New is way too risky over 90 days horizon | |
| Xinjiang Daqo New appears to be risky and price may revert if volatility continues | |
| About 76.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Xinjiang Daqo New EnergyLtds Returns On Capital Not Reflecting Well On The Business - Simply Wall St |
- Analyzing Xinjiang Daqo'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 Xinjiang Daqo's stock is overvalued or undervalued compared to its peers.
- Examining Xinjiang Daqo'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 Xinjiang Daqo's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Xinjiang Daqo's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Xinjiang Daqo's stock. These opinions can provide insight into Xinjiang Daqo's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Xinjiang Stock analysis
When running Xinjiang Daqo's price analysis, check to measure Xinjiang Daqo'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 Xinjiang Daqo is operating at the current time. Most of Xinjiang Daqo's value examination focuses on studying past and present price action to predict the probability of Xinjiang Daqo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xinjiang Daqo's price. Additionally, you may evaluate how the addition of Xinjiang Daqo to your portfolios can decrease your overall portfolio volatility.
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