Xinjiang OTC Stock Performance

XJNGF -  USA Stock  

USD 2.17  0.06  2.69%

On a scale of 0 to 100, Xinjiang Goldwind holds a performance score of 10. The firm maintains a market beta of -0.1343, which attests to not very significant fluctuations relative to the market. Let's try to break down what Xinjiang's beta means in this case. As returns on the market increase, returns on owning Xinjiang Goldwind are expected to decrease at a much lower rate. During the bear market, Xinjiang Goldwind is likely to outperform the market. Although it is vital to follow Xinjiang Goldwind historical price patterns, it is good to be conservative about what you can do with the information regarding equity current price history. The philosophy towards determining future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. We have found twenty-one technical indicators for Xinjiang Goldwind, which you can use to evaluate the performance of the company. Please utilizes Xinjiang Goldwind variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to make a quick decision on whether Xinjiang Goldwind SC historical returns will revert.

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 Xinjiang Performance
10 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Xinjiang Goldwind SC are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady technical and fundamental indicators, Xinjiang Goldwind exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more

Xinjiang Price Channel

Quick Ratio0.69
Fifty Two Week Low0.8900
Payout Ratio22.31%
Fifty Two Week High2.5200
Trailing Annual Dividend Yield11.47%

Xinjiang Goldwind Relative Risk vs. Return Landscape

If you would invest  163.00  in Xinjiang Goldwind SC on June 26, 2021 and sell it today you would earn a total of  54.00  from holding Xinjiang Goldwind SC or generate 33.13% return on investment over 90 days. Xinjiang Goldwind SC is currently producing 0.5233% returns and takes up 3.5414% volatility of returns over 90 trading days. Put another way, 30% of traded otc stocks are less volatile than Xinjiang, and 91% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming the 90 days horizon Xinjiang Goldwind is expected to generate 4.94 times more return on investment than the market. However, the company is 4.94 times more volatile than its market benchmark. It trades about 0.15 of its potential returns per unit of risk. The DOW is currently generating roughly 0.0 per unit of risk.

Xinjiang Goldwind Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Xinjiang Goldwind's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Xinjiang Goldwind SC, and traders can use it to determine the average amount a Xinjiang Goldwind'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 = 0.1478

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Estimated Market Risk
 3.54
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 30 %
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3030
Expected Return
 0.52
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 9 %
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1010
Based on monthly moving average Xinjiang Goldwind is performing at about 10% of its full potential. 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 Xinjiang Goldwind by adding it to a well-diversified portfolio.

About Xinjiang Goldwind Performance

To evaluate Xinjiang Goldwind OTC 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 Xinjiang Goldwind 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 Xinjiang OTC 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 Xinjiang Goldwind stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Xinjiang'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.
Xinjiang Goldwind Science Technology Co., Ltd., together with its subsidiaries, provides wind power solutions in China and internationally. Xinjiang Goldwind Science Technology Co., Ltd. was founded in 1998 and is based in Urumqi, China. Xinjiang Goldwind operates under Specialty Industrial Machinery classification in the United States and is traded on OTC Exchange. It employs 8956 people.

Things to note about Xinjiang Goldwind

Checking the ongoing alerts about Xinjiang Goldwind for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Xinjiang Goldwind help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Xinjiang Goldwind Alerts

Equity Alerts and Improvement Suggestions

Xinjiang Goldwind appears to be risky and price may revert if volatility continues
The company has accumulated 27.84 B in total debt with debt to equity ratio (D/E) of 0.78, which is about average as compared to similar companies. Xinjiang Goldwind has a current ratio of 0.95, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
Over 93.0% of Xinjiang Goldwind outstanding shares are owned by institutional investors
Check out Your Current Watchlist. Note that the Xinjiang Goldwind information on this page should be used as a complementary analysis to other Xinjiang Goldwind'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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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When running Xinjiang Goldwind price analysis, check to measure Xinjiang Goldwind'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 Xinjiang Goldwind is operating at the current time. Most of Xinjiang Goldwind's value examination focuses on studying past and present price action to predict the probability of Xinjiang Goldwind's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Xinjiang Goldwind's price. Additionally, you may evaluate how the addition of Xinjiang Goldwind to your portfolios can decrease your overall portfolio volatility.
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The market value of Xinjiang Goldwind is measured differently than its book value, which is the value of Xinjiang that is recorded on the company's balance sheet. Investors also form their own opinion of Xinjiang Goldwind's value that differs from its market value or its book value, called intrinsic value, which is Xinjiang Goldwind's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Xinjiang Goldwind's market value can be influenced by many factors that don't directly affect Xinjiang Goldwind underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Xinjiang Goldwind's value and its price as these two are different measures arrived at by different means. Investors typically determine Xinjiang Goldwind value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xinjiang Goldwind's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.