Weiqiao Textile Stock Performance
| WQTEF Stock | USD 0.14 0.07 33.33% |
The firm maintains a market beta of -0.072, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Weiqiao Textile are expected to decrease at a much lower rate. During the bear market, Weiqiao Textile is likely to outperform the market. Weiqiao Textile has an expected return of -1.48%. Please make sure to check out Weiqiao Textile treynor ratio, as well as the relationship between the rate of daily change and price action indicator , to decide if Weiqiao Textile 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 Weiqiao Textile has generated negative risk-adjusted returns adding no value to investors with long positions. Despite inconsistent performance in the last few months, the Stock's technical and fundamental 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 | 11.3 B | |
| Total Cashflows From Investing Activities | -170.5 M |
Weiqiao |
Weiqiao Textile Relative Risk vs. Return Landscape
If you would invest 42.00 in Weiqiao Textile on January 20, 2024 and sell it today you would lose (28.00) from holding Weiqiao Textile or give up 66.67% of portfolio value over 90 days. Weiqiao Textile is currently producing negative expected returns and takes up 9.9381% volatility of returns over 90 trading days. Put another way, 87% of traded pink sheets are less volatile than Weiqiao, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Weiqiao Textile Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Weiqiao Textile's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Weiqiao Textile, and traders can use it to determine the average amount a Weiqiao Textile'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 = -0.1491
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | WQTEF |
Estimated Market Risk
| 9.94 actual daily | 87 87% of assets are less volatile |
Expected Return
| -1.48 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Weiqiao Textile 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 Weiqiao Textile by adding Weiqiao Textile to a well-diversified portfolio.
Weiqiao Textile Fundamentals Growth
Weiqiao Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Weiqiao Textile, and Weiqiao Textile 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 Weiqiao Pink Sheet performance.
| Return On Equity | -0.0333 | |||
| Return On Asset | -0.0158 | |||
| Profit Margin | (0.04) % | |||
| Operating Margin | (0.04) % | |||
| Current Valuation | (932.04 M) | |||
| Shares Outstanding | 413.62 M | |||
| Price To Earning | 5.91 X | |||
| Price To Book | 0.07 X | |||
| Price To Sales | 0.01 X | |||
| Revenue | 16.26 B | |||
| EBITDA | 1.5 B | |||
| Cash And Equivalents | 10.78 B | |||
| Cash Per Share | 9.03 X | |||
| Total Debt | 514 M | |||
| Debt To Equity | 0.15 % | |||
| Book Value Per Share | 15.25 X | |||
| Cash Flow From Operations | 158.89 M | |||
| Earnings Per Share | 0.04 X | |||
| Total Asset | 25.22 B | |||
| Retained Earnings | 9.21 B | |||
| Current Asset | 14.98 B | |||
| Current Liabilities | 4.56 B | |||
About Weiqiao Textile Performance
To evaluate Weiqiao Textile 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 Weiqiao Textile 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 Weiqiao 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 Weiqiao Textile market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Weiqiao'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.Weiqiao Textile Company Limited, together with its subsidiaries, engages in the manufacture and sale of cotton yarns, grey fabrics, and denims in Mainland China, Hong Kong, East Asia, Southeast Asia, South Asia, and internationally. Weiqiao Textile Company Limited is a subsidiary of Shandong Weiqiao Chuangye Group Company Limited. Weiqiao Textile is traded on OTC Exchange in the United States.Things to note about Weiqiao Textile performance evaluation
Checking the ongoing alerts about Weiqiao Textile for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Weiqiao Textile help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Weiqiao Textile is not yet fully synchronised with the market data | |
| Weiqiao Textile generated a negative expected return over the last 90 days | |
| Weiqiao Textile has high historical volatility and very poor performance | |
| Weiqiao Textile has some characteristics of a very speculative penny stock |
- Analyzing Weiqiao Textile'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 Weiqiao Textile's stock is overvalued or undervalued compared to its peers.
- Examining Weiqiao Textile'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 Weiqiao Textile's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Weiqiao Textile's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Weiqiao Textile's pink sheet. These opinions can provide insight into Weiqiao Textile'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 income. Note that the Weiqiao Textile information on this page should be used as a complementary analysis to other Weiqiao Textile'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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Weiqiao Pink Sheet analysis
When running Weiqiao Textile's price analysis, check to measure Weiqiao Textile'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 Weiqiao Textile is operating at the current time. Most of Weiqiao Textile's value examination focuses on studying past and present price action to predict the probability of Weiqiao Textile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Weiqiao Textile's price. Additionally, you may evaluate how the addition of Weiqiao Textile to your portfolios can decrease your overall portfolio volatility.
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