CHONG QING (China) Performance

000625
  

CNY 12.94  0.38  3.03%   

The firm shows a Beta (market volatility) of 0.202, which signifies not very significant fluctuations relative to the market. Let's try to break down what CHONG's beta means in this case. As returns on the market increase, CHONG QING returns are expected to increase less than the market. However, during the bear market, the loss on holding CHONG QING will be expected to be smaller as well. Even though it is essential to pay attention to CHONG QING CHANGAN historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. CHONG QING CHANGAN exposes twenty-one different technical indicators, which can help you to evaluate its performance. CHONG QING CHANGAN has an expected return of -0.53%. Please be advised to confirm CHONG QING CHANGAN downside deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if CHONG QING CHANGAN performance from the past will be repeated in the future.
  
CHONG Performance
0 of 100
Over the last 90 days CHONG QING CHANGAN has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Stock's basic indicators remain somewhat strong which may send shares a bit higher in November 2022. The current disturbance may also be a sign of long term up-swing for the company investors. ...more

CHONG Price Channel

Quick Ratio1.13
Fifty Two Week Low6.58
Target High Price23.50
Payout Ratio30.02%
Fifty Two Week High21.43
Target Low Price4.15
Trailing Annual Dividend Yield1.36%

CHONG QING Relative Risk vs. Return Landscape

If you would invest  1,717  in CHONG QING CHANGAN on July 3, 2022 and sell it today you would lose (461.00)  from holding CHONG QING CHANGAN or give up 26.85% of portfolio value over 90 days. CHONG QING CHANGAN is generating negative expected returns and assumes 3.34% volatility on return distribution over the 90 days horizon. Simply put, 29% of stocks are less volatile than CHONG, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
  Daily Expected Return (%)  
       Risk (%)  
Assuming the 90 days trading horizon CHONG QING is expected to under-perform the market. In addition to that, the company is 2.9 times more volatile than its market benchmark. It trades about -0.16 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.1 per unit of volatility.

CHONG QING Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for CHONG QING's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as CHONG QING CHANGAN, and traders can use it to determine the average amount a CHONG QING'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 = -0.1597

Best
Portfolio
Best
Equity
Good Returns
Average Returns
Small Returns
CashSmall
Risk
Average
Risk
High
Risk
Huge
Risk
Negative Returns000625
Estimated Market Risk
 3.34
  actual daily
 
 29 %
of total potential
 
2929
Expected Return
 -0.53
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 -0.16
  actual daily
 
 0 %
of total potential
 
00
Based on monthly moving average CHONG QING is performing at about 0% 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 CHONG QING by adding it to a well-diversified portfolio.

About CHONG QING Performance

To evaluate CHONG QING CHANGAN Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when CHONG QING generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare CHONG Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand CHONG QING CHANGAN market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents CHONG's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Chongqing Changan Automobile Company Limited, together with its subsidiaries, manufactures and sells automobiles, automobile engines, and supporting parts primarily in the Peoples Republic of China. The company was founded in 1862 and is headquartered in Chongqing, the Peoples Republic of China. CHONG QING operates under Auto Manufacturers classification in China and is traded on Shenzhen Stock Exchange. It employs 42444 people.

Things to note about CHONG QING CHANGAN

Checking the ongoing alerts about CHONG QING for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for CHONG QING CHANGAN help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

CHONG QING Alerts

Equity Alerts and Improvement Suggestions

CHONG QING CHANGAN generated a negative expected return over the last 90 days
CHONG QING CHANGAN has high historical volatility and very poor performance
CHONG QING CHANGAN is unlikely to experience financial distress in the next 2 years
About 45.0% of the company shares are owned by insiders or employees
Please continue to Trending Equities. Note that the CHONG QING CHANGAN information on this page should be used as a complementary analysis to other CHONG QING'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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

Other Tools for CHONG Stock

When running CHONG QING CHANGAN price analysis, check to measure CHONG QING'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 CHONG QING is operating at the current time. Most of CHONG QING's value examination focuses on studying past and present price action to predict the probability of CHONG QING's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move CHONG QING's price. Additionally, you may evaluate how the addition of CHONG QING to your portfolios can decrease your overall portfolio volatility.
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Go
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Go
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Go