Trina Solar (China) Performance
| 688599 Stock | 22.20 0.20 0.89% |
On a scale of 0 to 100, Trina Solar holds a performance score of 10. The entity has a beta of -0.65, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Trina Solar are expected to decrease at a much lower rate. During the bear market, Trina Solar is likely to outperform the market. Please check Trina Solar's downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Trina Solar's existing price patterns will revert.
Risk-Adjusted Performance
10 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Trina Solar Co are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Trina Solar sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Payout Ratio 0.5972 | Ex Dividend Date 2024-06-20 |
1 | Trina Solar and EGO sign a Power Purchase Agreement in Italy for a 69MW portfolio - Yahoo Finance | 10/18/2024 |
2 | FREYR to buy Trina Solars 5GW solar module facility in Texas, US - Yahoo Finance | 11/07/2024 |
3 | Trinasolar Cooperates With Retree To Offset Carbon Emissions - Barchart | 12/12/2024 |
| Begin Period Cash Flow | 9.2 B |
Trina |
Trina Solar Relative Risk vs. Return Landscape
If you would invest 1,620 in Trina Solar Co on September 19, 2024 and sell it today you would earn a total of 620.00 from holding Trina Solar Co or generate 38.27% return on investment over 90 days. Trina Solar Co is generating 0.6714% of daily returns and assumes 5.2416% volatility on return distribution over the 90 days horizon. Simply put, 46% of stocks are less volatile than Trina, and 87% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Trina Solar Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trina Solar's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Trina Solar Co, and traders can use it to determine the average amount a Trina Solar'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 = 0.1281
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| Small Returns | 688599 | |||
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Estimated Market Risk
| 5.24 actual daily | 46 54% of assets are more volatile |
Expected Return
| 0.67 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Trina Solar is performing at about 10% 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 Trina Solar by adding it to a well-diversified portfolio.
Trina Solar Fundamentals Growth
Trina Stock prices reflect investors' perceptions of the future prospects and financial health of Trina Solar, and Trina Solar 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 Trina Stock performance.
| Return On Equity | -0.0076 | ||||
| Return On Asset | 0.0084 | ||||
| Profit Margin | (0) % | ||||
| Operating Margin | 0.02 % | ||||
| Current Valuation | 74.31 B | ||||
| Shares Outstanding | 2.18 B | ||||
| Price To Book | 1.68 X | ||||
| Price To Sales | 0.51 X | ||||
| Revenue | 113.39 B | ||||
| Gross Profit | 4.25 B | ||||
| EBITDA | 5.71 B | ||||
| Net Income | 5.56 B | ||||
| Total Debt | 9.5 B | ||||
| Book Value Per Share | 13.39 X | ||||
| Cash Flow From Operations | 24 B | ||||
| Earnings Per Share | (0.19) X | ||||
| Total Asset | 120.31 B | ||||
| Retained Earnings | 10.83 B | ||||
About Trina Solar Performance
By analyzing Trina Solar's fundamental ratios, stakeholders can gain valuable insights into Trina Solar's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Trina Solar 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 Trina Solar has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Trina Solar is entity of China. It is traded as Stock on SHG exchange.Things to note about Trina Solar performance evaluation
Checking the ongoing alerts about Trina Solar for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Trina Solar help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Trina Solar is way too risky over 90 days horizon | |
| Trina Solar appears to be risky and price may revert if volatility continues | |
| About 51.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Trinasolar Cooperates With Retree To Offset Carbon Emissions - Barchart |
- Analyzing Trina Solar'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 Trina Solar's stock is overvalued or undervalued compared to its peers.
- Examining Trina Solar'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 Trina Solar's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Trina Solar's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Trina Solar's stock. These opinions can provide insight into Trina Solar's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Trina Stock analysis
When running Trina Solar's price analysis, check to measure Trina Solar'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 Trina Solar is operating at the current time. Most of Trina Solar's value examination focuses on studying past and present price action to predict the probability of Trina Solar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trina Solar's price. Additionally, you may evaluate how the addition of Trina Solar to your portfolios can decrease your overall portfolio volatility.
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