LINGYI ITECH (China) Today

002600
  

CNY 5.20  0.02  0.38%   

Market Performance
10 of 100
Odds Of Distress
Over 55
LINGYI ITECH is trading at 5.20 as of the 11th of August 2022, a -0.38 percent decrease since the beginning of the trading day. The stock's open price was 5.22. LINGYI ITECH has over 55 % chance of experiencing financial distress in the next 2 years of operation, but had a somewhat ok returns during the last 90 days. Equity ratings for LINGYI ITECH GUAN are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of August 2020 and ending today, the 11th of August 2022. Click here to learn more.
Lingyi Itech Company engages in the research, development, production, and marketing of ferrite magnetic materials and new materials. The company was founded in 1975 and is based in Jiangmen, China. LINGYI ITECH operates under Electronic Components classification in China and is traded on Shenzhen Stock Exchange. The company has 7.07 B outstanding shares. More on LINGYI ITECH GUAN

Moving together with LINGYI ITECH

0.62300015AIER EYE HOSPITALPairCorr
0.67002460GANFENG LITHIUM COPairCorr
Follow Valuation Odds of Bankruptcy
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LINGYI ITECH Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. LINGYI ITECH's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding LINGYI ITECH or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
LINGYI ITECH GUAN has high likelihood to experience some financial distress in the next 2 years
About 63.0% of the company shares are owned by insiders or employees
ChairmanJie Wu
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of LINGYI ITECH's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
LINGYI ITECH GUAN (002600) is traded on Shenzhen Stock Exchange in China and employs 79,892 people. The company currently falls under 'Large-Cap' category with current market capitalization of 35.5 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate LINGYI ITECH's market, we take the total number of its shares issued and multiply it by LINGYI ITECH'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 these looking for more risk prefer small-cap and mid-cap equities. LINGYI ITECH GUAN operates under Technology sector and is part of Electronic Components industry. The entity has 7.07 B outstanding shares. LINGYI ITECH GUAN has accumulated about 4.66 B in cash with 1.41 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.66.
Check LINGYI ITECH Probability Of Bankruptcy
Ownership
LINGYI ITECH GUAN maintains a total of seven billion seventy million outstanding shares. LINGYI ITECH GUAN secures majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company outstanding shares. 63.17 % of LINGYI ITECH GUAN outstanding shares that are owned by insiders conveys that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how much assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

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LINGYI Stock Price Odds Analysis

What are LINGYI ITECH's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of LINGYI ITECH jumping above the current price in 90 days from now is about 6.46%. The LINGYI ITECH GUAN probability density function shows the probability of LINGYI ITECH stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon LINGYI ITECH GUAN has a beta of -0.0927. This suggests as returns on benchmark increase, returns on holding LINGYI ITECH are expected to decrease at a much lower rate. During the bear market, however, LINGYI ITECH GUAN is likely to outperform the market. Additionally, the company has an alpha of 0.1769, implying that it can generate a 0.18 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 5.2HorizonTargetOdds Above 5.2
93.47%90 days
 5.20 
6.46%
Based on a normal probability distribution, the odds of LINGYI ITECH to move above the current price in 90 days from now is about 6.46 (This LINGYI ITECH GUAN probability density function shows the probability of LINGYI Stock to fall within a particular range of prices over 90 days) .

LINGYI ITECH GUAN Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. LINGYI ITECH market risk premium is the additional return an investor will receive from holding LINGYI ITECH long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in LINGYI ITECH. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although LINGYI ITECH's alpha and beta are two of the key measurements used to evaluate LINGYI ITECH's performance over the market, the standard measures of volatility play an important role as well.

LINGYI Stock Against Markets

Picking the right benchmark for LINGYI ITECH stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in LINGYI ITECH stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for LINGYI ITECH is critical whether you are bullish or bearish towards LINGYI ITECH GUAN at a given time.

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Our tools can tell you how much better you can do entering a position in LINGYI ITECH without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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LINGYI ITECH Corporate Directors

LINGYI ITECH corporate directors refer to members of a LINGYI ITECH board of directors. The board of directors generally takes responsibility for the LINGYI ITECH's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of LINGYI ITECH's board members must vote for the resolution. The LINGYI ITECH board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Jian Ye - DirectorProfile
Miaoling Lin - Independent DirectorProfile
Hua Zhao - Independent DirectorProfile
Da Ma - Independent DirectorProfile

Invested in LINGYI ITECH GUAN?

You need to understand the risk of investing before taking a position in LINGYI ITECH. The danger of trading LINGYI ITECH GUAN is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of LINGYI ITECH is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than LINGYI ITECH. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile LINGYI ITECH GUAN is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please continue to Trending Equities. Note that the LINGYI ITECH GUAN information on this page should be used as a complementary analysis to other LINGYI ITECH's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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When running LINGYI ITECH GUAN price analysis, check to measure LINGYI ITECH'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 LINGYI ITECH is operating at the current time. Most of LINGYI ITECH's value examination focuses on studying past and present price action to predict the probability of LINGYI ITECH's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move LINGYI ITECH's price. Additionally, you may evaluate how the addition of LINGYI ITECH to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between LINGYI ITECH's value and its price as these two are different measures arrived at by different means. Investors typically determine LINGYI ITECH value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LINGYI ITECH's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.