China Yongda Automobiles Stock Today
China Yongda is trading at 0.26 as of the 25th of April 2024. This is a No Change since the beginning of the trading day. The stock's lowest day price was 0.26. Equity ratings for China Yongda Automobiles are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Valuation
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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 Yongda's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding China Yongda or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Yingjie Cai |
| Business Concentration | Auto & Truck Dealerships, Consumer Cyclical (View all Sectors) |
China Yongda Automobiles [CYYHF] 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 1.65 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate China Yongda's market, we take the total number of its shares issued and multiply it by China Yongda'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 Yongda Automobiles classifies itself under Consumer Cyclical sector and is part of Auto & Truck Dealerships industry. The entity has 1.95 B outstanding shares.
China Yongda Automobiles has accumulated about 3.69 B in cash with 5.01 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.88, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check China Yongda Probability Of Bankruptcy
China Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of China Yongda jumping above the current price in 90 days from now is about 97.0%. The China Yongda Automobiles probability density function shows the probability of China Yongda pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon China Yongda Automobiles has a beta of -0.0364 suggesting as returns on the benchmark increase, returns on holding China Yongda are expected to decrease at a much lower rate. During a bear market, however, China Yongda Automobiles is likely to outperform the market. Additionally, china Yongda Automobiles 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 Yongda to move above the current price in 90 days from now is about 97.0 (This China Yongda Automobiles probability density function shows the probability of China Pink Sheet to fall within a particular range of prices over 90 days) .
China Yongda Automobiles Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. China Yongda market risk premium is the additional return an investor will receive from holding China Yongda 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 Yongda. 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 Yongda's alpha and beta are two of the key measurements used to evaluate China Yongda's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.41 | |||
| Standard Deviation | 7.56 | |||
| Variance | 57.12 | |||
| Risk Adjusted Performance | (0.03) |
China Stock Against Markets
Picking the right benchmark for China Yongda 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 Yongda 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 Yongda is critical whether you are bullish or bearish towards China Yongda Automobiles at a given time. Please also check how China Yongda's historical prices are related to one of the top price index indicators.
China Yongda Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with China Yongda pink sheet to make a market-neutral strategy. Peer analysis of China Yongda could also be used in its relative valuation, which is a method of valuing China Yongda by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
China Yongda Corporate Directors
China Yongda corporate directors refer to members of a China Yongda board of directors. The board of directors generally takes responsibility for the China Yongda's 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 Yongda's board members must vote for the resolution. The China Yongda board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Yi Chen | Executive Director | Profile | |
| Liqun Wang | Non-Executive Director | Profile | |
| Dezhen Zhu | Non-Executive Independent Director | Profile | |
| Wei Lu | Non-Executive Independent Director | Profile |
How to buy China Pink Sheet?
Before investing in China Yongda, 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 Yongda. To buy China Yongda stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of China Yongda. 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 Yongda stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located China Yongda Automobiles 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 Yongda Automobiles 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 Yongda Automobiles, 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 Yongda Automobiles?
The danger of trading China Yongda Automobiles 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 Yongda 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 Yongda. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile China Yongda Automobiles 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. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the China Yongda Automobiles information on this page should be used as a complementary analysis to other China Yongda'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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for China Pink Sheet analysis
When running China Yongda's price analysis, check to measure China Yongda'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 China Yongda is operating at the current time. Most of China Yongda's value examination focuses on studying past and present price action to predict the probability of China Yongda's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Yongda's price. Additionally, you may evaluate how the addition of China Yongda to your portfolios can decrease your overall portfolio volatility.
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