How to Invest in BEST?
BEST Investing Guide | BEST |
- Research BEST's stock before investing in BEST. It's a good idea to research the company and its stock by analyzing its financial statements, reading news articles, and studying its historical performance, including its growth strategy, change in net worth, competition, and potential risks.
- Choose a brokerage firm to buy shares of BEST. We recommend well-established brokerages such as Charles Schwab, Fidelity, TD Ameritrade, and Robinhood, but in many ways, it will depend on your individual needs, preferences, and investment goals.
- Open an account at one of the brokerages you have selected. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account. You will need to deposit funds into your brokerage account to purchase BEST stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order. Once you have located BEST Inc stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock.
It's important to note that investing in stocks such as BEST Inc carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions regarding BEST Stock. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to invest safely in BEST Inc.
Research BEST Stock
Researching BEST's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E).
The company recorded a loss per share of 6.12. BEST Inc had not issued any dividends in recent years. The entity had 1:4 split on the 4th of April 2023. BEST Inc. operates as a smart supply chain service provider in the Peoples Republic of China. The company was founded in 2007 and is headquartered in Hangzhou, the Peoples Republic of China. Best Inc operates under Trucking classification in the United States and is traded on New York Stock Exchange. It employs 4381 people. For more info on BEST Inc please contact Qingtao Xing at 86 571 8899 5656 or go to https://www.best-inc.com. Other things to consider when investing in BEST
Another important aspect of BEST's research is to evaluate the company's potential for future growth. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding BEST's research are outlined below:
| BEST Inc generated a negative expected return over the last 90 days | |
| BEST Inc has high likelihood to experience some financial distress in the next 2 years | |
| The company currently holds 2.77 B in liabilities with Debt to Equity (D/E) ratio of 3.18, implying the company greatly relies on financing operations through barrowing. BEST Inc has a current ratio of 0.88, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist BEST until it has trouble settling it off, either with new capital or with free cash flow. So, BEST'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 BEST Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for BEST to invest in growth at high rates of return. When we think about BEST's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 8.32 B. Net Loss for the year was (814.4 M) with loss before overhead, payroll, taxes, and interest of (263.56 M). | |
| BEST Inc currently holds about 2.56 B in cash with (554.73 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 32.53, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Latest headline from prnewswire.com: MDA SPACE VP OF SATELLITE SYSTEMS LUIGI POZZEBON NAMED ONE OF CANADAS BEST EXECUTIVES BY REPORT ON BUSINESS MAGAZINE |
BEST Quarterly Good Will |
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Check BEST's earnings reports
BEST uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in BEST Inc. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to BEST's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 13th of March 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Know BEST's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as BEST is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading BEST Inc backward and forwards among themselves. BEST's institutional investor refers to the entity that pools money to purchase BEST's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Citigroup Inc | 2023-12-31 | 165 | Simplex Trading, Llc | 2023-12-31 | 108 | Advisor Group Holdings, Inc. | 2023-12-31 | 75.0 | Steward Partners Investment Advisory, Llc | 2023-12-31 | 69.0 | Wells Fargo & Co | 2023-12-31 | 50.0 | Ubs Group Ag | 2023-12-31 | 50.0 | Ronald Blue Trust, Inc. | 2023-12-31 | 23.0 | Cornerstone Planning Group Llc | 2023-12-31 | 15.0 | Group One Trading, Lp | 2023-12-31 | 5.0 | Goldman Sachs Group Inc | 2023-12-31 | 933.2 K | Alibaba Group Holding Ltd | 2023-12-31 | 500 K |
Follow BEST's market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 42.2 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate BEST's market, we take the total number of its shares issued and multiply it by BEST'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.Market Cap |
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Evaluate BEST's profitablity
BEST's profitability indicators refer to fundamental financial ratios that showcase BEST's ability to generate income relative to its revenue or operating costs. If, let's say, BEST is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, BEST's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of BEST's profitability requires more research than a typical breakdown of BEST's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.14) | (0.14) | |
| Return On Capital Employed | (0.87) | (0.82) | |
| Return On Assets | (0.13) | (0.14) | |
| Return On Equity | 8.45 | 8.88 |
Determining BEST's profitability involves analyzing its financial statements and using various financial metrics to assess its ability to generate profits. Also, when deciding whether to invest in BEST, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures BEST's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of BEST's profitability and make more informed investment decisions.
The data published in BEST's official financial statements usually reflect BEST's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of BEST Inc. For example, before you start analyzing numbers published by BEST accountants, it's critical to develop an understanding of what BEST's liquidity, profitability, and earnings quality are in the context of the Air Freight & Logistics space in which it operates.
Please note, the presentation of BEST's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, BEST's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in BEST's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of BEST Inc. Please utilize our Beneish M Score to check the likelihood of BEST's management manipulating its earnings.
Evaluate BEST's management efficiency
BEST Inc has return on total asset (ROA) of (0.0763) % which means that it has lost $0.0763 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (2.4763) %, meaning that it created substantial loss on money invested by shareholders. BEST's management efficiency ratios could be used to measure how well BEST manages its routine affairs as well as how well it operates its assets and liabilities. Return On Equity is likely to gain to 8.88 in 2024, whereas Return On Tangible Assets are likely to drop (0.14) in 2024. At this time, BEST's Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 11.8 B in 2024, whereas Non Current Liabilities Total is likely to drop slightly above 1 B in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | (5.16) | (5.42) | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | (11.42) | (11.99) | |
| Enterprise Value Over EBITDA | (3.91) | (4.10) | |
| Price Book Value Ratio | (3.51) | (3.33) | |
| Enterprise Value Multiple | (3.91) | (4.10) | |
| Price Fair Value | (3.51) | (3.33) | |
| Enterprise Value | 2.7 B | 2.6 B |
The analysis of BEST's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze BEST's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of BEST Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta 0.959 |
Basic technical analysis of BEST Stock
As of the 30th of April, BEST shows the risk adjusted performance of (0.04), and Mean Deviation of 1.86. BEST Inc 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. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We are able to interpolate and collect thirteen technical drivers for BEST Inc, which can be compared to its peers. Please confirm BEST Inc information ratio and skewness to decide if BEST Inc is priced favorably, providing market reflects its regular price of 2.1 per share. Please also double-check BEST Inc jensen alpha, which is currently at (0.28) to validate the company can sustain itself in the future.BEST's technical indicators
Using predictive indicators to make investment decisions involves analyzing BEST's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.04) | |||
| Market Risk Adjusted Performance | (0.23) | |||
| Mean Deviation | 1.86 | |||
| Coefficient Of Variation | (1,262) | |||
| Standard Deviation | 2.53 | |||
| Variance | 6.42 | |||
| Information Ratio | (0.11) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.53) | |||
| Treynor Ratio | (0.24) | |||
| Maximum Drawdown | 11.93 | |||
| Value At Risk | (4.35) | |||
| Potential Upside | 4.11 | |||
| Skewness | 0.3737 | |||
| Kurtosis | 1.05 |
| Risk Adjusted Performance | (0.04) | |||
| Market Risk Adjusted Performance | (0.23) | |||
| Mean Deviation | 1.86 | |||
| Coefficient Of Variation | (1,262) | |||
| Standard Deviation | 2.53 | |||
| Variance | 6.42 | |||
| Information Ratio | (0.11) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.53) | |||
| Treynor Ratio | (0.24) | |||
| Maximum Drawdown | 11.93 | |||
| Value At Risk | (4.35) | |||
| Potential Upside | 4.11 | |||
| Skewness | 0.3737 | |||
| Kurtosis | 1.05 |
Consider BEST's intraday indicators
BEST 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 BEST stock 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.
| Accumulation Distribution | 46.82 | |||
| Daily Balance Of Power | (1.00) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 2.09 | |||
| Day Typical Price | 2.1 | |||
| Period Momentum Indicator | (0.01) | |||
| Relative Strength Index | 45.85 |
BEST Corporate Filings
6K | 2nd of April 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
13A | 31st of January 2024 An amended filing to the original Schedule 13G | ViewVerify |
Choose a brokerage platform to buy BEST's shares
In investing, finding the right broker is a crucial step for anyone looking to embark on a journey into the stock market. It all begins with a thorough comparison of costs and fees, as low-cost or commission-free brokers can significantly impact an investor's returns. However, the cheapest option is not always the best choice. The adventure continues with exploring various trading platforms, seeking one that is user-friendly, reliable, and functional. The ideal platform will provide the necessary research, analysis, and investment monitoring tools. As the quest goes on, it's essential to consider the different account types brokers offer, such as individual, joint, and retirement accounts. In addition, for those interested in trading on margin, brokers offering margin accounts should also be considered. The journey leads to the discovery of brokers that provide a wide range of investment options, including stocks, bonds, ETFs, and mutual funds. This diversity allows investors to build well-rounded portfolios that suit their needs and goals. Customer service is another crucial factor in this decision-making process. The perfect broker would have a responsive, knowledgeable, and available customer support team ready to assist with various issues or investment decisions. Aspiring investors should seek brokers with quality research, market analysis, and educational resources. These tools are essential for making informed decisions and improving investment knowledge. It's also vital to ensure that the broker is regulated by an appropriate regulatory body and has robust security measures to protect personal and financial information. Additionally, account minimums and funding options should be taken into consideration. A broker with flexible account minimums and various funding options, such as wire transfers, ACH transfers, or check deposits, will cater to different investor needs. A seamless mobile and web experience is a must in today's fast-paced world. The ideal broker will allow investors to manage their investments easily on the go. Finally, it is essential to consider various brokers' reviews and conduct reputation analysis. By reading online assessments and seeking recommendations, valuable insights into each broker's reputation can be gathered. After a thorough investigation, you can find a broker that checks all the boxes and aligns with their preferences and requirements regarding taking a position in BEST Inc.
Open brokerage account to buy BEST Stock
Once you've selected a broker, visit their website or a local branch to initiate the account-opening process. Most brokers offer online account opening, which is typically faster and more convenient. When you begin the process, you'll need to select the type of account you want to open. This may include individual, joint, or retirement accounts. Some brokers may also offer margin accounts, which allow you to trade on margin. Next, you'll need to complete the application form. Whether you're filling out an online or paper application, you'll need to provide personal information, such as your name, address, Social Security Number or other tax identification number, date of birth, and employment information. You may also be asked about your investment experience, financial situation, and goals. After completing the application form, review it carefully for accuracy and submit it to the broker. Some brokers may require you to provide additional documentation, such as a copy of your driver's license or passport, for identity verification. Once your application is submitted, the broker will review it and may run a background check or verify your credit history. You'll receive an email or notification with your new brokerage account details if your application is approved.
Fund your account to invest in BEST Stock
Once your account is open, you can fund it by linking your bank account to your brokerage account. To do this, log in to your brokerage account and look for an option to add or link a bank account. You will need to provide your bank account number and the routing number for your bank. This information can be found on your checks or by contacting your bank. After linking your bank account, you can initiate a transfer of funds from your bank account to your brokerage account. This process may vary depending on the brokerage, but generally, you will need to navigate to the funding or deposit section of the brokerage website or app. From there, you can choose the linked bank account and enter the amount you wish to transfer. Keep in mind that there may be limits on the amount you can transfer in a single transaction, and the transfer may take several business days to complete. Some brokerages also offer other funding options, such as wire transfers, mailing a check, or transferring assets from another brokerage. If you prefer to use one of these methods, check with your brokerage firm for specific instructions. Once the funds are in your brokerage account, you can use them to purchase investments such as stocks, bonds, mutual funds, or other financial instruments.
Place your BEST Stock order
Placing a BEST purchase order involves providing instructions to your selected brokerage firm to aquare shares of BEST Inc on your behalf. First, your will need to access your brokerage account through their website or mobile app using your login credentials. Make sure you have sufficient funds in your account to cover the cost of the stock purchase, including any applicable fees or commissions. Once you are logged in, locate the trading platform or order entry section within the brokerage interface. It may be labeled as "Trade," "Order Entry," or something similar. Next, you will need to provide the necessary information to place your stock order. This typically includes: .
After entering the necessary information, review your order carefully to ensure it reflects your intentions accurately. When you are ready, submit your order by clicking the "Submit," "Place Order," or equivalent button. Your brokerage firm will then execute your order according to your instructions, subject to market conditions and the availability of shares. Keep in mind that market orders may be executed immediately, while limit orders, stop orders, and stop-limit orders will only be executed if the specified conditions are met. Finally, monitor your order status and confirm its execution. You can usually find this information in the "Order History" or "Order Status" section of your brokerage account.
| Ticker | Enter the ticker symbol, which is the unique series of letters representing the stock, e.g., BEST for BEST Inc | |
| Type | Choose the type of order you want to place. The most common order types are market orders, limit orders, stop orders, and stop-limit orders. Each order type has its own advantages and drawbacks, so be sure to research and understand them before placing your order. | |
| Quantity | Specify the number of shares you want to buy or sell | |
| Duration | Indicate the duration for which your order will be active. You can choose from options like "Day" (valid only for the current trading day) or "Good 'til Canceled" (valid until you manually cancel the order) |
Monitor your BEST Stock position
Monitoring your stock positions with your brokerage involves regularly checking the status and performance of your investments. Here's how you can monitor your stock positions using your brokerage account: First, access your account by signing in to your brokerage firm's website or mobile app using your login credentials. Once you're logged in, look for the section that displays your account information and portfolio holdings. This section may be labeled as "Portfolio," "Positions," "Holdings," or something similar. In this section, you'll generally find a list of the stocks and other investments that you own, along with relevant details such as the number of shares, the current market value, and the percentage change in value since the last trading day's close. You might also see the total cost of your investment, your current profit or loss, and the percentage gain or loss. Many brokerages also provide tools and features that allow you to analyze and track your stock positions more effectively. These may include:
As you continue to monitor your BEST Stock position, remember that in order to be an effective trader, it is critical to understand your entire portfolio's sensitivity to market volatility and how your single BEST position affects your overall exposure to market risk. One of the techniques to manage your overall risk is pair trading, a market-neutral trading strategy enabling traders to profit from virtually any market condition, whether it is experiencing an uptrend or downtrend movement.
| Performance Charts | These charts visually represent the historical price movement of your stocks over different time frames. You can use them to assess the trends and volatility of your investments. | |
| Stock Alerts | You can set up custom alerts to receive notifications when a stock reaches a certain price, percentage change, or other criteria. This can help you stay informed about significant market movements affecting your investments. | |
| Watchlists | Create watchlists to track the performance of stocks you are interested in but have not yet purchased. This can help you identify potential opportunities or risks. | |
| Research Tools | Brokerages often provide access to research tools, such as stock screeners, analyst reports, and financial statements, to help you make more informed investment decisions. |
Moving against BEST Stock
| 0.61 | SKYW | SkyWest Earnings Call This Week | PairCorr |
| 0.55 | XPO | XPO Logistics Sell-off Trend | PairCorr |
| 0.44 | SAIA | Saia Inc | PairCorr |
| 0.42 | DAL | Delta Air Lines Financial Report 11th of July 2024 | PairCorr |
Follow BEST Stock across various news and media outlets
Far too much social signal, news, headlines, and media speculation about BEST that are available to investors today. That information is available publicly through BEST media outlets and privately through word of mouth or via BEST internal channels. However, regardless of the origin, that massive amount of BEST data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of BEST news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of BEST relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to BEST's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive BEST alpha.