China Gas Holdings Stock Today
| CGHLY Stock | USD 22.13 0.03 0.14% |
Performance1 of 100
| Odds Of DistressLess than 9
|
China Gas is trading at 22.13 as of the 19th of April 2024; that is 0.14 percent increase since the beginning of the trading day. The stock's open price was 22.1. China Gas has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for China Gas Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
China Gas Holdings Limited operates as a gas operator and service provider in the Peoples Republic of China. The company was incorporated in 1995 and is headquartered in Wan Chai, Hong Kong. CHINA GAS is traded on OTC Exchange in the United States. The company has 217.61 M outstanding shares. More on China Gas Holdings
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China Pink Sheet Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. China Gas' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding China Gas or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Si Zhou |
| Business Concentration | Utilities—Regulated Gas, Utilities (View all Sectors) |
China Gas Holdings [CGHLY] is a Pink Sheet which is traded between brokers over the counter. The company currently falls under 'Mid-Cap' category with a current market capitalization of 8.55 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate China Gas's market, we take the total number of its shares issued and multiply it by China Gas'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. China Gas Holdings classifies itself under Utilities sector and is part of Utilities—Regulated Gas industry. The entity has 217.61 M outstanding shares.
China Gas Holdings has accumulated about 10.12 B in cash with 9.88 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 46.48, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check China Gas Probability Of Bankruptcy
China Stock Price Odds Analysis
Based on a normal probability distribution, the odds of China Gas jumping above the current price in 90 days from now is about 78.09%. The China Gas Holdings probability density function shows the probability of China Gas pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon China Gas Holdings has a beta of -0.3563 suggesting as returns on the benchmark increase, returns on holding China Gas are expected to decrease at a much lower rate. During a bear market, however, China Gas Holdings is likely to outperform the market. Additionally, china Gas Holdings has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of China Gas to move above the current price in 90 days from now is about 78.09 (This China Gas Holdings probability density function shows the probability of China Pink Sheet to fall within a particular range of prices over 90 days) .
China Gas Holdings Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. China Gas market risk premium is the additional return an investor will receive from holding China Gas 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 China Gas. 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 China Gas' alpha and beta are two of the key measurements used to evaluate China Gas' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.26 | |||
| Standard Deviation | 2.55 | |||
| Variance | 6.5 | |||
| Risk Adjusted Performance | (0.02) |
China Stock Against Markets
Picking the right benchmark for China Gas pink sheet 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 China Gas pink sheet 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 China Gas is critical whether you are bullish or bearish towards China Gas Holdings at a given time. Please also check how China Gas' historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in China Gas 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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China Gas Corporate Directors
China Gas corporate directors refer to members of a China Gas board of directors. The board of directors generally takes responsibility for the China Gas' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of China Gas' board members must vote for the resolution. The China Gas board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Ling Zhang | Non-Executive Independent Director | Profile | |
| Ching Li | Executive Director | Profile | |
| Sin Wong | Non-Executive Independent Director | Profile | |
| Mingxing Liu | Non-Executive Director | Profile |
How to buy China Pink Sheet?
Before investing in China Gas, 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 China Gas. To buy China Gas stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of China Gas. 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 China Gas stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located China Gas Holdings 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 China Gas Holdings 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 China Gas Holdings, 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 China Gas Holdings?
The danger of trading China Gas Holdings 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 China Gas 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 China Gas. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile China Gas Holdings 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 China Gas Holdings. 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 economic analysis. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for China Pink Sheet analysis
When running China Gas' price analysis, check to measure China Gas' 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 China Gas is operating at the current time. Most of China Gas' value examination focuses on studying past and present price action to predict the probability of China Gas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Gas' price. Additionally, you may evaluate how the addition of China Gas to your portfolios can decrease your overall portfolio volatility.
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