Turquoise Hill Resources Performance
The entity has a beta of -0.4, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Turquoise Hill are expected to decrease at a much lower rate. During the bear market, Turquoise Hill is likely to outperform the market. Turquoise Hill Resources right now has a risk of 0.0%. Please validate Turquoise Hill information ratio and downside variance , to decide if Turquoise Hill will be following its existing price patterns.
Risk-Adjusted Performance
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Over the last 90 days Turquoise Hill Resources has generated negative risk-adjusted returns adding no value to investors with long positions. Even with relatively invariable basic indicators, Turquoise Hill is not utilizing all of its potentials. The latest stock price agitation, may contribute to short-term losses for the retail investors. ...more
| Begin Period Cash Flow | 1.1 B | |
| Total Cashflows From Investing Activities | -957.2 M |
Turquoise |
Turquoise Hill Relative Risk vs. Return Landscape
If you would invest (100.00) in Turquoise Hill Resources on January 26, 2024 and sell it today you would earn a total of 100.00 from holding Turquoise Hill Resources or generate -100.0% return on investment over 90 days. Turquoise Hill Resources is generating negative expected returns assuming volatility of 0.0% on return distribution over 90 days investment horizon. In other words, 0% of stocks are less volatile than Turquoise, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
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Turquoise Hill Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Turquoise Hill's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Turquoise Hill Resources, and traders can use it to determine the average amount a Turquoise Hill'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
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Based on monthly moving average Turquoise Hill 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 Turquoise Hill by adding Turquoise Hill to a well-diversified portfolio.
Turquoise Hill Fundamentals Growth
Turquoise Stock prices reflect investors' perceptions of the future prospects and financial health of Turquoise Hill, and Turquoise Hill 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 Turquoise Stock performance.
| Return On Equity | 0.0746 | |||
| Return On Asset | 0.0225 | |||
| Profit Margin | 0.32 % | |||
| Operating Margin | 0.31 % | |||
| Current Valuation | 10.29 B | |||
| Shares Outstanding | 201.23 M | |||
| Price To Earning | 15.59 X | |||
| Price To Book | 0.69 X | |||
| Price To Sales | 3.83 X | |||
| Revenue | 1.97 B | |||
| EBITDA | 1 B | |||
| Cash And Equivalents | 592.55 M | |||
| Cash Per Share | 2.53 X | |||
| Total Debt | 3.79 B | |||
| Debt To Equity | 0.43 % | |||
| Book Value Per Share | 45.51 X | |||
| Cash Flow From Operations | 576.09 M | |||
| Earnings Per Share | 2.64 X | |||
| Total Asset | 14.12 B | |||
| Retained Earnings | (4.47 B) | |||
| Current Asset | 1.73 B | |||
| Current Liabilities | 273.57 M | |||
About Turquoise Hill Performance
To evaluate Turquoise Hill Resources Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Turquoise Hill 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 Turquoise Stock'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 Turquoise Hill Resources market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Turquoise'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.Turquoise Hill Resources Ltd., together with its subsidiaries, operates as a mining company. Turquoise Hill Resources Ltd. operates as a subsidiary of Rio Tinto Group. Turquoise Hill operates under Copper classification in the United States and is traded on New York Stock Exchange. It employs 3478 people.Things to note about Turquoise Hill Resources performance evaluation
Checking the ongoing alerts about Turquoise Hill for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Turquoise Hill Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Turquoise Hill is not yet fully synchronised with the market data | |
| Turquoise Hill has some characteristics of a very speculative penny stock | |
| Turquoise Hill has a very high chance of going through financial distress in the upcoming years | |
| The company has 3.79 B in debt with debt to equity (D/E) ratio of 0.43, which is OK given its current industry classification. Turquoise Hill Resources has a current ratio of 0.66, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Turquoise Hill until it has trouble settling it off, either with new capital or with free cash flow. So, Turquoise Hill'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 Turquoise Hill Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Turquoise to invest in growth at high rates of return. When we think about Turquoise Hill's use of debt, we should always consider it together with cash and equity. |
- Analyzing Turquoise Hill'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 Turquoise Hill's stock is overvalued or undervalued compared to its peers.
- Examining Turquoise Hill'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 Turquoise Hill's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Turquoise Hill's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Turquoise Hill's stock. These opinions can provide insight into Turquoise Hill's potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map 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 metropolitan statistical area. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Other Consideration for investing in Turquoise Stock
If you are still planning to invest in Turquoise Hill Resources 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 Turquoise Hill's history and understand the potential risks before investing.
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