BANK OF SUZHOU (China) Performance

002966
  

CNY 6.67  0.01  0.15%   

BANK OF SUZHOU has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0878, which signifies not very significant fluctuations relative to the market. Let's try to break down what 002966's beta means in this case. As returns on the market increase, BANK OF SUZHOU returns are expected to increase less than the market. However, during the bear market, the loss on holding BANK OF SUZHOU will be expected to be smaller as well. Although it is important to respect BANK OF SUZHOU historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The approach towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By examining BANK OF SUZHOU technical indicators, you can right now evaluate if the expected return of 0.12% will be sustainable into the future. BANK OF SUZHOU at this time shows a risk of 1.59%. Please confirm BANK OF SUZHOU coefficient of variation, variance, and the relationship between the downside deviation and standard deviation to decide if BANK OF SUZHOU will be following its price patterns.
  
002966 Performance
5 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in BANK OF SUZHOU are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, BANK OF SUZHOU may actually be approaching a critical reversion point that can send shares even higher in November 2022. ...more

002966 Price Channel

Fifty Two Week Low5.82
Target High Price11.89
Payout Ratio27.91%
Fifty Two Week High7.16
Target Low Price7.60
Trailing Annual Dividend Yield3.58%

BANK OF SUZHOU Relative Risk vs. Return Landscape

If you would invest  632.00  in BANK OF SUZHOU on July 8, 2022 and sell it today you would earn a total of  35.00  from holding BANK OF SUZHOU or generate 5.54% return on investment over 90 days. BANK OF SUZHOU is generating 0.12% of daily returns and assumes 1.5866% volatility on return distribution over the 90 days horizon. Simply put, 13% of stocks are less volatile than 002966, and 98% 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 BANK OF SUZHOU is expected to generate 1.27 times more return on investment than the market. However, the company is 1.27 times more volatile than its market benchmark. It trades about 0.08 of its potential returns per unit of risk. The DOW is currently generating roughly -0.04 per unit of risk.

BANK OF SUZHOU Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for BANK OF SUZHOU's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as BANK OF SUZHOU, and traders can use it to determine the average amount a BANK OF SUZHOU'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 = 0.0756

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Estimated Market Risk
 1.59
  actual daily
 
 13 %
of total potential
 
1313
Expected Return
 0.12
  actual daily
 
 2 %
of total potential
 
22
Risk-Adjusted Return
 0.08
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 5 %
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55
Based on monthly moving average BANK OF SUZHOU is performing at about 5% 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 BANK OF SUZHOU by adding it to a well-diversified portfolio.

About BANK OF SUZHOU Performance

To evaluate BANK OF SUZHOU 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 BANK OF SUZHOU 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 002966 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 BANK OF SUZHOU market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents 002966'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.
Bank of Suzhou Co., Ltd. provides commercial banking products and services in Suzhou. The company was founded in 2010 and is headquartered in Suzhou, China. BANK OF SUZHOU operates under BanksRegional classification in China and is traded on Shenzhen Stock Exchange. It employs 4919 people.

Things to note about BANK OF SUZHOU

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

BANK OF SUZHOU Alerts

Equity Alerts and Improvement Suggestions

BANK OF SUZHOU has high likelihood to experience some financial distress in the next 2 years
BANK OF SUZHOU has accumulated about 84.89 B in cash with (8.51 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 23.15, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Roughly 45.0% of the company shares are owned by insiders or employees
Please continue to Trending Equities. Note that the BANK OF SUZHOU information on this page should be used as a complementary analysis to other BANK OF SUZHOU'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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Other Tools for 002966 Stock

When running BANK OF SUZHOU price analysis, check to measure BANK OF SUZHOU'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 BANK OF SUZHOU is operating at the current time. Most of BANK OF SUZHOU's value examination focuses on studying past and present price action to predict the probability of BANK OF SUZHOU's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move BANK OF SUZHOU's price. Additionally, you may evaluate how the addition of BANK OF SUZHOU to your portfolios can decrease your overall portfolio volatility.
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