Shandong Zhonglu (China) Today
| 200992 Stock | 1.83 0.05 2.81% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Shandong Zhonglu is trading at 1.83 as of the 5th of May 2024, a 2.81 percent increase since the beginning of the trading day. The stock's open price was 1.78. Shandong Zhonglu has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Shandong Zhonglu Oceanic are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of April 2024 and ending today, the 5th of May 2024. Click here to learn more.
Moving against Shandong Stock
| 0.49 | 601998 | China Citic Bank | PairCorr |
| 0.43 | 601328 | Bank of Communications | PairCorr |
| 0.42 | 600036 | China Merchants Bank | PairCorr |
Follow Valuation Odds of Bankruptcy
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Shandong 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. Shandong Zhonglu's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Shandong Zhonglu or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman Principal | Lianxing Lu |
| Business Concentration | Consumer Staples, Food Products (View all Sectors) |
Shandong Zhonglu Oceanic (200992) is traded on Shenzhen Stock Exchange in China and employs 5 people. The company currently falls under 'Small-Cap' category with a current market capitalization of 486.91 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Shandong Zhonglu's market, we take the total number of its shares issued and multiply it by Shandong Zhonglu'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. Shandong Zhonglu Oceanic has 266.07 M outstanding shares.
Shandong Zhonglu generates positive cash flow from operations, but has no cash available
Check Shandong Zhonglu Probability Of Bankruptcy
Ownership AllocationShandong Zhonglu Oceanic shows a total of 266.07 Million outstanding shares. Shandong Zhonglu Oceanic maintains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Shandong Ownership Details
Shandong Zhonglu Oceanic Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Shandong Zhonglu market risk premium is the additional return an investor will receive from holding Shandong Zhonglu 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 Shandong Zhonglu. 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 Shandong Zhonglu's alpha and beta are two of the key measurements used to evaluate Shandong Zhonglu's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.6739 | |||
| Standard Deviation | 0.9793 | |||
| Variance | 0.959 | |||
| Risk Adjusted Performance | (0.01) |
Shandong Stock Against Markets
Picking the right benchmark for Shandong Zhonglu 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 Shandong Zhonglu 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 Shandong Zhonglu is critical whether you are bullish or bearish towards Shandong Zhonglu Oceanic at a given time. Please also check how Shandong Zhonglu's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Shandong Zhonglu without increasing your portfolio risk or giving up the 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.Did you try this?
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How to buy Shandong Stock?
Before investing in Shandong Zhonglu, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Shandong Zhonglu. To buy Shandong Zhonglu stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Shandong Zhonglu. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. 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 Shandong Zhonglu stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Shandong Zhonglu Oceanic 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: After you have purchased Shandong Zhonglu Oceanic stock, you should 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 Shandong Zhonglu Oceanic, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. 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.
Already Invested in Shandong Zhonglu Oceanic?
The danger of trading Shandong Zhonglu Oceanic 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 Shandong Zhonglu 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 Shandong Zhonglu. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Shandong Zhonglu Oceanic 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shandong Zhonglu Oceanic. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Shandong Zhonglu Oceanic information on this page should be used as a complementary analysis to other Shandong Zhonglu'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 the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Complementary Tools for Shandong Stock analysis
When running Shandong Zhonglu's price analysis, check to measure Shandong Zhonglu'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 Shandong Zhonglu is operating at the current time. Most of Shandong Zhonglu's value examination focuses on studying past and present price action to predict the probability of Shandong Zhonglu's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shandong Zhonglu's price. Additionally, you may evaluate how the addition of Shandong Zhonglu to your portfolios can decrease your overall portfolio volatility.
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