Nanya New (China) Performance

688519 Stock   20.79  0.34  1.61%   
On a scale of 0 to 100, Nanya New holds a performance score of 8. The company secures a Beta (Market Risk) of -0.0754, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Nanya New are expected to decrease at a much lower rate. During the bear market, Nanya New is likely to outperform the market. Please check Nanya New's information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Nanya New's current price movements will revert.

Risk-Adjusted Performance

8 of 100

 
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Compared to the overall equity markets, risk-adjusted returns on investments in Nanya New Material are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Nanya New sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Forward Dividend Yield
0.0047
Payout Ratio
0.625
Forward Dividend Rate
0.1
Ex Dividend Date
2024-09-18
1
High Frequency High Speed Board Market Size 2032 - Business Research Insights
10/28/2024
Begin Period Cash Flow212.8 M
  

Nanya New Relative Risk vs. Return Landscape

If you would invest  1,668  in Nanya New Material on September 18, 2024 and sell it today you would earn a total of  411.00  from holding Nanya New Material or generate 24.64% return on investment over 90 days. Nanya New Material is generating 0.4567% of daily returns and assumes 4.1471% volatility on return distribution over the 90 days horizon. Simply put, 36% of stocks are less volatile than Nanya, and 91% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days trading horizon Nanya New is expected to generate 5.64 times more return on investment than the market. However, the company is 5.64 times more volatile than its market benchmark. It trades about 0.11 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.12 per unit of risk.

Nanya New Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Nanya New's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nanya New Material, and traders can use it to determine the average amount a Nanya 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 = 0.1101

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Estimated Market Risk

 4.15
  actual daily
36
64% of assets are more volatile

Expected Return

 0.46
  actual daily
9
91% of assets have higher returns

Risk-Adjusted Return

 0.11
  actual daily
8
92% of assets perform better
Based on monthly moving average Nanya New 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 Nanya New by adding it to a well-diversified portfolio.

Nanya New Fundamentals Growth

Nanya Stock prices reflect investors' perceptions of the future prospects and financial health of Nanya New, and Nanya 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 Nanya Stock performance.

About Nanya New Performance

By analyzing Nanya New's fundamental ratios, stakeholders can gain valuable insights into Nanya New's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Nanya 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 Nanya New has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Nanya New is entity of China. It is traded as Stock on SHG exchange.

Things to note about Nanya New Material performance evaluation

Checking the ongoing alerts about Nanya New for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nanya New Material help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Nanya New Material had very high historical volatility over the last 90 days
The company reported the revenue of 2.98 B. Net Loss for the year was (128.66 M) with profit before overhead, payroll, taxes, and interest of 301.12 M.
About 63.0% of the company shares are owned by insiders or employees
Evaluating Nanya New's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Nanya New's stock performance include:
  • Analyzing Nanya 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 Nanya New's stock is overvalued or undervalued compared to its peers.
  • Examining Nanya 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 Nanya New's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nanya New's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Nanya New's stock. These opinions can provide insight into Nanya New's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Nanya New's stock performance is not an exact science, and many factors can impact Nanya New's stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Complementary Tools for Nanya Stock analysis

When running Nanya New's price analysis, check to measure Nanya 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 Nanya New is operating at the current time. Most of Nanya New's value examination focuses on studying past and present price action to predict the probability of Nanya 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 Nanya New's price. Additionally, you may evaluate how the addition of Nanya New to your portfolios can decrease your overall portfolio volatility.
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