Xinyi Glass Holdings Stock Today
| XYIGF Stock | USD 1.03 0.07 6.36% |
Performance6 of 100
| Odds Of DistressLess than 42
|
Xinyi Glass is trading at 1.03 as of the 23rd of April 2024. This is a -6.36 percent decrease since the beginning of the trading day. The stock's lowest day price was 1.03. Xinyi Glass has about a 42 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Xinyi Glass Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of June 2023 and ending today, the 23rd of April 2024. Click here to learn more.
Xinyi Glass Holdings Limited, an investment holding company, produces and sells automobile, construction, float, and other glass products for commercial and industrial applications. The company was founded in 1988 and is headquartered in Kwun Tong, Hong Kong. The company has 4.11 B outstanding shares. More on Xinyi Glass Holdings
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Follow Valuation Odds of Bankruptcy
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Xinyi 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. Xinyi Glass' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Xinyi Glass or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Ching Tung |
| Business Concentration | Building Materials, Basic Materials (View all Sectors) |
Xinyi Glass Holdings [XYIGF] is a Pink Sheet which is traded between independent brokers as part of over-the-counter (OTC) trading. The company currently falls under 'Mid-Cap' category with a current market capitalization of 8.33 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Xinyi Glass's market, we take the total number of its shares issued and multiply it by Xinyi Glass'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. Xinyi Glass Holdings classifies itself under Basic Materials sector and is part of Building Materials industry. The entity has 4.11 B outstanding shares.
Xinyi Glass Holdings has accumulated about 12.48 B in cash with 10.95 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.09, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Xinyi Glass Probability Of Bankruptcy
Ownership AllocationXinyi Glass Holdings retains a total of 4.11 Billion outstanding shares. Xinyi Glass Holdings maintains majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 61.91 (%) of Xinyi Glass Holdings outstanding shares that are owned by insiders attests that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company shows, 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 Xinyi Ownership Details
Xinyi Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Xinyi Glass jumping above the current price in 90 days from now is about 36.94%. The Xinyi Glass Holdings probability density function shows the probability of Xinyi Glass pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Xinyi Glass has a beta of 0.9736. This entails Xinyi Glass Holdings market returns are reactive to returns on the market. As the market goes up or down, Xinyi Glass is expected to follow. Additionally, xinyi Glass Holdings has an alpha of 0.1728, implying that it can generate a 0.17 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Xinyi Glass to move above the current price in 90 days from now is about 36.94 (This Xinyi Glass Holdings probability density function shows the probability of Xinyi Pink Sheet to fall within a particular range of prices over 90 days) .
Xinyi Glass Holdings Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Xinyi Glass market risk premium is the additional return an investor will receive from holding Xinyi Glass 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 Xinyi Glass. 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 Xinyi Glass' alpha and beta are two of the key measurements used to evaluate Xinyi Glass' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.68 | |||
| Semi Deviation | 2.31 | |||
| Standard Deviation | 3.79 | |||
| Variance | 14.37 |
Xinyi Stock Against Markets
Picking the right benchmark for Xinyi Glass 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 Xinyi Glass 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 Xinyi Glass is critical whether you are bullish or bearish towards Xinyi Glass Holdings at a given time. Please also check how Xinyi Glass' 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 Xinyi Glass 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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Xinyi Glass Corporate Directors
Xinyi Glass corporate directors refer to members of a Xinyi Glass board of directors. The board of directors generally takes responsibility for the Xinyi Glass' 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 Xinyi Glass' board members must vote for the resolution. The Xinyi Glass board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.How to buy Xinyi Pink Sheet?
Before investing in Xinyi Glass, 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 Xinyi Glass. To buy Xinyi Glass stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Xinyi Glass. 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 Xinyi Glass stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Xinyi Glass 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 Xinyi Glass 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 Xinyi Glass 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 Xinyi Glass Holdings?
The danger of trading Xinyi Glass 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 Xinyi Glass 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 Xinyi Glass. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Xinyi Glass 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xinyi Glass 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 price. Note that the Xinyi Glass Holdings information on this page should be used as a complementary analysis to other Xinyi Glass' 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 Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for Xinyi Pink Sheet analysis
When running Xinyi Glass' price analysis, check to measure Xinyi Glass' 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 Xinyi Glass is operating at the current time. Most of Xinyi Glass' value examination focuses on studying past and present price action to predict the probability of Xinyi Glass' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xinyi Glass' price. Additionally, you may evaluate how the addition of Xinyi Glass to your portfolios can decrease your overall portfolio volatility.
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