58 Inc Performance
The firm owns a Beta (Systematic Risk) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and 58 are completely uncorrelated.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days 58 Inc has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong fundamental drivers, 58 is not utilizing all of its potentials. The newest stock price disturbance, may contribute to short-term losses for the investors. ...more
Fifty Two Week Low | 37.92 | |
Target High Price | 60.00 | |
Fifty Two Week High | 69.89 | |
Target Low Price | 60.00 |
58 |
58 Relative Risk vs. Return Landscape
If you would invest (100.00) in 58 Inc on January 26, 2024 and sell it today you would earn a total of 100.00 from holding 58 Inc or generate -100.0% return on investment over 90 days. 58 Inc is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than 58, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
Risk |
58 Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for 58's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as 58 Inc, and traders can use it to determine the average amount a 58'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 = 0.0
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
WUBA |
Based on monthly moving average 58 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 58 by adding 58 to a well-diversified portfolio.
58 Fundamentals Growth
58 Stock prices reflect investors' perceptions of the future prospects and financial health of 58, and 58 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 58 Stock performance.
Return On Equity | 30.36 | |||
Return On Asset | 4.05 | |||
Profit Margin | 61.02 % | |||
Current Valuation | 8.34 B | |||
Shares Outstanding | 149.93 M | |||
Price To Earning | 27.53 X | |||
Price To Book | 2.54 X | |||
Price To Sales | 4.53 X | |||
Revenue | 1.87 B | |||
EBITDA | 418.19 M | |||
Cash And Equivalents | 965.27 M | |||
Cash Per Share | 6.52 X | |||
Total Debt | 129.51 M | |||
Debt To Equity | 0.01 % | |||
Book Value Per Share | 22.04 X | |||
Cash Flow From Operations | 10.79 M | |||
Earnings Per Share | 2.03 X | |||
Total Asset | 4.07 B | |||
Retained Earnings | (365.81 M) | |||
Current Asset | 660.27 M | |||
Current Liabilities | 1.16 B | |||
Things to note about 58 Inc performance evaluation
Checking the ongoing alerts about 58 for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for 58 Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.58 Inc is not yet fully synchronised with the market data | |
58 Inc has some characteristics of a very speculative penny stock | |
58 Inc has a very high chance of going through financial distress in the upcoming years | |
Over 80.0% of the company outstanding shares are owned by institutional investors |
- Analyzing 58'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 58's stock is overvalued or undervalued compared to its peers.
- Examining 58'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 58's management team can have a significant impact on its success or failure. Reviewing the track record and experience of 58's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of 58's stock. These opinions can provide insight into 58's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the 58 Inc information on this page should be used as a complementary analysis to other 58'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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Other Consideration for investing in 58 Stock
If you are still planning to invest in 58 Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the 58's history and understand the potential risks before investing.
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Commodity Directory Find actively traded commodities issued by global exchanges | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance |