China New Energy Stock Analysis
| CNER Stock | USD 0 0 50.00% |
China New Energy is fairly valued with Real Value of 0.00192 and Hype Value of 0.001286. The main objective of China New pink sheet analysis is to determine its intrinsic value, which is an estimate of what China New Energy is worth, separate from its market price. There are two main types of China New's stock analysis: fundamental analysis and technical analysis.
The China New pink sheet is traded in the USA on PINK Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
China |
China Pink Sheet Analysis Notes
The company recorded a loss per share of 0.19. China New Energy had not issued any dividends in recent years. The entity had 1:10 split on the 11th of October 2007. China New Energy Group Company, a natural gas company, engages in the development, construction, and operation of natural gas distribution networks. Its distribution networks provide natural gas to an aggregate of approximately 64,000 consumers. China New operates under Shell Companies classification in the United States and is traded on OTC Exchange. It employs 130 people.The quote for China New Energy is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. For more info on China New Energy please contact Yangkan Chong at 86 22 5829 9791 or go to http://www.cnegc.com.China New Energy Investment Alerts
| China New Energy generated a negative expected return over the last 90 days | |
| China New Energy has high historical volatility and very poor performance | |
| China New Energy has some characteristics of a very speculative penny stock | |
| China New Energy has high likelihood to experience some financial distress in the next 2 years | |
| The company has a current ratio of 0.17, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist China New until it has trouble settling it off, either with new capital or with free cash flow. So, China New'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 China New Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for China to invest in growth at high rates of return. When we think about China New's use of debt, we should always consider it together with cash and equity. |
China Market Capitalization
The company currently falls under 'Nano-Cap' category with a current market capitalization of 1.61 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate China New's market, we take the total number of its shares issued and multiply it by China New's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.China Profitablity
The company has Profit Margin (PM) of (0.97) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.43 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.43.Technical Drivers
As of the 23rd of March, China New shows the Mean Deviation of 3.89, risk adjusted performance of (0.15), and Standard Deviation of 9.34. China New Energy technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm China New Energy coefficient of variation and maximum drawdown to decide if China New Energy is priced correctly, providing market reflects its regular price of 0.002 per share. As China New Energy appears to be a penny stock we also recommend to validate its jensen alpha numbers.China New Energy Price Movement Analysis
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. China New middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for China New Energy. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
China New Predictive Daily Indicators
China New intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of China New pink sheet daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.5 | |||
| Day Median Price | 0.002 | |||
| Day Typical Price | 0.002 | |||
| Price Action Indicator | (0) | |||
| Period Momentum Indicator | (0) | |||
| Relative Strength Index | 6.73 |
China New Forecast Models
China New's time-series forecasting models are one of many China New's pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary China New's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About China Pink Sheet Analysis
Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how China New prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling China shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as China New. By using and applying China Pink Sheet analysis, traders can create a robust methodology for identifying China entry and exit points for their positions.
China New Energy Group Company, a natural gas company, engages in the development, construction, and operation of natural gas distribution networks. Its distribution networks provide natural gas to an aggregate of approximately 64,000 consumers. China New operates under Shell Companies classification in the United States and is traded on OTC Exchange. It employs 130 people.
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Additional Tools for China Pink Sheet Analysis
When running China New's price analysis, check to measure China 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 China New is operating at the current time. Most of China New's value examination focuses on studying past and present price action to predict the probability of China 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 China New's price. Additionally, you may evaluate how the addition of China New to your portfolios can decrease your overall portfolio volatility.