Hong Kong And Stock Performance
| HOKCY Stock | USD 0.70 0.03 4.48% |
The company retains a Market Volatility (i.e., Beta) of -0.7, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Hong Kong are expected to decrease at a much lower rate. During the bear market, Hong Kong is likely to outperform the market. Hong Kong right now retains a risk of 5.11%. Please check out Hong Kong maximum drawdown, as well as the relationship between the skewness and price action indicator , to decide if Hong Kong will be following its current trending patterns.
Risk-Adjusted Performance
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Over the last 90 days Hong Kong and has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong fundamental indicators, Hong Kong is not utilizing all of its potentials. The recent stock price disturbance, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 7.5 B | |
| Total Cashflows From Investing Activities | -12.9 B |
Hong |
Hong Kong Relative Risk vs. Return Landscape
If you would invest 73.00 in Hong Kong and on September 2, 2024 and sell it today you would lose (3.00) from holding Hong Kong and or give up 4.11% of portfolio value over 90 days. Hong Kong and is currently producing 0.0645% returns and takes up 5.1077% volatility of returns over 90 trading days. Put another way, 45% of traded pink sheets are less volatile than Hong, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Hong Kong Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hong Kong's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Hong Kong and, and traders can use it to determine the average amount a Hong Kong'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 = 0.0126
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| Cash | Small Risk | Average Risk | HOKCY | Huge Risk |
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Estimated Market Risk
| 5.11 actual daily | 45 55% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hong Kong 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 Hong Kong by adding Hong Kong to a well-diversified portfolio.
Hong Kong Fundamentals Growth
Hong Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Hong Kong, and Hong Kong 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 Hong Pink Sheet performance.
| Return On Equity | 0.0685 | |||
| Return On Asset | 0.0329 | |||
| Profit Margin | 0.07 % | |||
| Operating Margin | 0.15 % | |||
| Current Valuation | 24.1 B | |||
| Shares Outstanding | 18.66 B | |||
| Price To Earning | 18.12 X | |||
| Price To Book | 2.02 X | |||
| Price To Sales | 0.31 X | |||
| Revenue | 53.56 B | |||
| EBITDA | 13.08 B | |||
| Cash And Equivalents | 10.24 B | |||
| Cash Per Share | 0.55 X | |||
| Total Debt | 36.86 B | |||
| Debt To Equity | 0.75 % | |||
| Book Value Per Share | 3.55 X | |||
| Cash Flow From Operations | 10.47 B | |||
| Earnings Per Share | 0.03 X | |||
| Total Asset | 168.07 B | |||
| Retained Earnings | 48.03 B | |||
| Current Asset | 22.4 B | |||
| Current Liabilities | 19.6 B | |||
About Hong Kong Performance
Evaluating Hong Kong's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Hong Kong 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 Hong Kong has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The Hong Kong and China Gas Company Limited, together with its subsidiaries, produces, distributes, and markets gas in Hong Kong and Mainland China. The Hong Kong and China Gas Company Limited was founded in 1862 and is headquartered in North Point, Hong Kong. Hong Kong operates under UtilitiesRegulated Gas classification in the United States and is traded on OTC Exchange. It employs 56069 people.Things to note about Hong Kong performance evaluation
Checking the ongoing alerts about Hong Kong for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Hong Kong help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Hong Kong had very high historical volatility over the last 90 days | |
| Hong Kong has some characteristics of a very speculative penny stock | |
| Hong Kong and has accumulated 36.86 B in total debt with debt to equity ratio (D/E) of 0.75, which is about average as compared to similar companies. Hong Kong has a current ratio of 0.68, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Hong Kong until it has trouble settling it off, either with new capital or with free cash flow. So, Hong Kong's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Hong Kong sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Hong to invest in growth at high rates of return. When we think about Hong Kong's use of debt, we should always consider it together with cash and equity. |
- Analyzing Hong Kong'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 Hong Kong's stock is overvalued or undervalued compared to its peers.
- Examining Hong Kong'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 Hong Kong's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hong Kong's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Hong Kong's pink sheet. These opinions can provide insight into Hong Kong's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Hong Pink Sheet Analysis
When running Hong Kong's price analysis, check to measure Hong Kong'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 Hong Kong is operating at the current time. Most of Hong Kong's value examination focuses on studying past and present price action to predict the probability of Hong Kong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hong Kong's price. Additionally, you may evaluate how the addition of Hong Kong to your portfolios can decrease your overall portfolio volatility.