Concord New Energy Stock Performance
| CWPWF Stock | USD 0.07 0.00 0.00% |
The firm shows a Beta (market volatility) of 0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Concord New's returns are expected to increase less than the market. However, during the bear market, the loss of holding Concord New is expected to be smaller as well. Concord New Energy has an expected return of -0.2%. Please make sure to confirm Concord New Energy variance and kurtosis , to decide if Concord New Energy performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Concord New Energy has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Stock's basic indicators remain nearly stable which may send shares a bit higher in May 2024. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
| Begin Period Cash Flow | 2.3 B | |
| Total Cashflows From Investing Activities | -2 B |
Concord |
Concord New Relative Risk vs. Return Landscape
If you would invest 8.00 in Concord New Energy on January 25, 2024 and sell it today you would lose (1.00) from holding Concord New Energy or give up 12.5% of portfolio value over 90 days. Concord New Energy is currently producing negative expected returns and takes up 1.5875% volatility of returns over 90 trading days. Put another way, 14% of traded pink sheets are less volatile than Concord, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Concord New Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Concord New's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Concord New Energy, and traders can use it to determine the average amount a Concord New'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 = -0.127
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CWPWF |
Estimated Market Risk
| 1.59 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.2 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Concord New is not performing at its full potential. However, 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 Concord New by adding Concord New to a well-diversified portfolio.
Concord New Fundamentals Growth
Concord Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Concord New, and Concord New fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Concord Pink Sheet performance.
| Return On Equity | 0.12 | |||
| Return On Asset | 0.0284 | |||
| Profit Margin | 0.32 % | |||
| Operating Margin | 0.42 % | |||
| Current Valuation | 2.08 B | |||
| Shares Outstanding | 8.5 B | |||
| Price To Earning | 6.88 X | |||
| Price To Book | 0.67 X | |||
| Price To Sales | 0.30 X | |||
| Revenue | 2.18 B | |||
| EBITDA | 1.38 B | |||
| Cash And Equivalents | 3.53 B | |||
| Cash Per Share | 0.40 X | |||
| Total Debt | 10.1 B | |||
| Debt To Equity | 1.61 % | |||
| Book Value Per Share | 0.86 X | |||
| Cash Flow From Operations | 1.29 B | |||
| Earnings Per Share | 0.01 X | |||
| Total Asset | 24.04 B | |||
| Retained Earnings | 2.43 B | |||
| Current Asset | 5.96 B | |||
| Current Liabilities | 5.28 B | |||
About Concord New Performance
To evaluate Concord New Energy Pink Sheet as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Concord New 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 Concord Pink Sheet'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 Concord New Energy market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Concord'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.Concord New Energy Group Limited, an investment holding company, engages in the generation of power in the Peoples Republic of China and internationally. The company was founded in 2006 and is based in Admiralty, Hong Kong. China Wndpwr operates under UtilitiesRenewable classification in the United States and is traded on OTC Exchange. It employs 1907 people.Things to note about Concord New Energy performance evaluation
Checking the ongoing alerts about Concord New for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Concord New Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Concord New Energy generated a negative expected return over the last 90 days | |
| Concord New Energy has some characteristics of a very speculative penny stock | |
| About 33.0% of the company shares are held by company insiders |
- Analyzing Concord New's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Concord New's stock is overvalued or undervalued compared to its peers.
- Examining Concord New's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Concord New's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Concord New's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Concord New's pink sheet. These opinions can provide insight into Concord New's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Concord New Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Complementary Tools for Concord Pink Sheet analysis
When running Concord New's price analysis, check to measure Concord New'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 Concord New is operating at the current time. Most of Concord New's value examination focuses on studying past and present price action to predict the probability of Concord New's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Concord New's price. Additionally, you may evaluate how the addition of Concord New to your portfolios can decrease your overall portfolio volatility.
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