Byd OTC Stock Performance

BYDDF
 Stock
  

USD 21.90  0.80  3.52%   

The firm shows a Beta (market volatility) of 0.8877, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Byd's beta means in this case. Byd returns are very sensitive to returns on the market. As the market goes up or down, Byd is expected to follow. Even though it is essential to pay attention to Byd Ltd H historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy in 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. Byd Ltd H exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Byd Ltd H has an expected return of -0.67%. Please be advised to confirm Byd Ltd H treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside to decide if Byd Ltd H performance from the past will be repeated at some point in the near future.
  
Byd Performance
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Over the last 90 days Byd Ltd H has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Stock's fundamental indicators remain rather sound which may send shares a bit higher in December 2022. The latest tumult may also be a sign of longer-term up-swing for the firm shareholders. ...more

Byd Price Channel

Quick Ratio0.48
Fifty Two Week Low21.42
Payout Ratio5.58%
Fifty Two Week High43.61
Trailing Annual Dividend Yield0.63%

Byd Relative Risk vs. Return Landscape

If you would invest  3,488  in Byd Ltd H on August 28, 2022 and sell it today you would lose (1,298)  from holding Byd Ltd H or give up 37.21% of portfolio value over 90 days. Byd Ltd H is currently producing negative expected returns and takes up 3.4391% volatility of returns over 90 trading days. Put another way, 29% of traded otc stocks are less volatile than Byd, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Daily Expected Return (%)  
       Risk (%)  
Assuming the 90 days horizon Byd is expected to under-perform the market. In addition to that, the company is 2.5 times more volatile than its market benchmark. It trades about -0.19 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.08 per unit of volatility.

Byd Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Byd's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Byd Ltd H, and traders can use it to determine the average amount a Byd'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 = -0.1935

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Negative ReturnsBYDDF
Estimated Market Risk
 3.44
  actual daily
 
 29 %
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2929
Expected Return
 -0.67
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 0 %
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Risk-Adjusted Return
 -0.19
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Based on monthly moving average Byd 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 Byd by adding it to a well-diversified portfolio.

About Byd Performance

To evaluate Byd Ltd H OTC 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 Byd 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 Byd OTC 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 Byd Ltd H market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Byd'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.
BYD Company Limited, together with its subsidiaries, engages in the research, development, manufacture, and sale of automobiles and related products in the Peoples Republic of China and internationally. The company was founded in 1995 and is headquartered in Shenzhen, China. Byd is traded on OTC Exchange in the United States.

Things to note about Byd Ltd H

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

Byd Alerts

Equity Alerts and Improvement Suggestions

Byd Ltd H generated a negative expected return over the last 90 days
Byd Ltd H has high historical volatility and very poor performance
The company has accumulated 31.57 B in total debt with debt to equity ratio (D/E) of 0.3, which may suggest the company is not taking enough advantage from borrowing. Byd Ltd H has a current ratio of 0.82, 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 Byd until it has trouble settling it off, either with new capital or with free cash flow. So, Byd'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 Byd Ltd H sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Byd to invest in growth at high rates of return. When we think about Byd's use of debt, we should always consider it together with cash and equity.
About 19.0% of Byd shares are held by company insiders
Continue to Trending Equities. Note that the Byd Ltd H information on this page should be used as a complementary analysis to other Byd'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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Complementary Tools for Byd OTC Stock analysis

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