Advanced Technology (China) Today
| 000969 Stock | 8.71 0.11 1.28% |
Performance5 of 100
| Odds Of DistressLess than 9
|
Advanced Technology is trading at 8.71 as of the 28th of April 2024, a 1.28 percent up since the beginning of the trading day. The stock's open price was 8.6. Advanced Technology has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Advanced Technology Materials are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of March 2024 and ending today, the 28th of April 2024. Click here to learn more.
Business Domain Materials | IPO Date 27th of April 2000 | Category Basic Materials |
Advanced Technology is entity of China. It is traded as Stock on SHE exchange. The company has 1.05 B outstanding shares. More on Advanced Technology Materials
Moving together with Advanced Stock
| 0.77 | 601899 | Zijin Mining Group | PairCorr |
| 0.73 | 600309 | Wanhua Chemical Group | PairCorr |
| 0.82 | 002493 | Rongsheng Petrochemical | PairCorr |
| 0.7 | 600010 | Inner Mongolia BaoTou | PairCorr |
| 0.62 | 600160 | Zhejiang Juhua | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
Check how we calculate scores
Advanced Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Advanced Technology's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Advanced Technology or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Plastics (View all Themes) | ||||
| Business Concentration | Diversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Plastics, Materials, Metals & Mining, Other Industrial Metals & Mining, Basic Materials (View all Sectors) | ||||
Advanced Technology's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Advanced Technology's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Advanced Technology's financial leverage. It provides some insight into what part of Advanced Technology's total assets is financed by creditors.
| |||||
Advanced Technology Materials (000969) is traded on Shenzhen Stock Exchange in China and employs 5,507 people. Advanced Technology is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 9.15 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Advanced Technology's market, we take the total number of its shares issued and multiply it by Advanced Technology'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. Advanced Technology operates under Metals & Mining sector and is part of Materials industry. The entity has 1.05 B outstanding shares.
Advanced Technology generates positive cash flow from operations, but has no cash available
Check Advanced Technology Probability Of Bankruptcy
Ownership AllocationAdvanced Technology holds a total of 1.05 Billion outstanding shares. Advanced Technology Materials retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Advanced Ownership Details
Advanced Stock Price Odds Analysis
What are Advanced Technology's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Advanced Technology jumping above the current price in 90 days from now is about 21.09%. The Advanced Technology Materials probability density function shows the probability of Advanced Technology stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Advanced Technology has a beta of 0.8681. This suggests Advanced Technology Materials market returns are sensitive to returns on the market. As the market goes up or down, Advanced Technology is expected to follow. Additionally, advanced Technology Materials has an alpha of 0.0077, implying that it can generate a 0.007689 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Advanced Technology to move above the current price in 90 days from now is about 21.09 (This Advanced Technology Materials probability density function shows the probability of Advanced Stock to fall within a particular range of prices over 90 days) .
Advanced Technology Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Advanced Technology market risk premium is the additional return an investor will receive from holding Advanced Technology 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 Advanced Technology. 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 Advanced Technology's alpha and beta are two of the key measurements used to evaluate Advanced Technology's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.35 | |||
| Semi Deviation | 3.13 | |||
| Standard Deviation | 3.23 | |||
| Variance | 10.42 |
Advanced Stock Against Markets
Picking the right benchmark for Advanced Technology stock 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 Advanced Technology stock 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 Advanced Technology is critical whether you are bullish or bearish towards Advanced Technology Materials at a given time. Please also check how Advanced Technology's 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 Advanced Technology 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?
Run Money Managers Now
Money ManagersScreen money managers from public funds and ETFs managed around the world |
| All Next | Launch Module |
Advanced Technology Corporate Management
Elected by the shareholders, the Advanced Technology's board of directors comprises two types of representatives: Advanced Technology inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Advanced. The board's role is to monitor Advanced Technology's management team and ensure that shareholders' interests are well served. Advanced Technology's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Advanced Technology's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Tiejun Wang | Deputy Manager | Profile | |
| Jin Wang | General Counsel | Profile | |
| Zhou Shaoxiong | Chief Engineer | Profile | |
| Zhe Chen | Deputy Board | Profile |
How to buy Advanced Stock?
Before investing in Advanced Technology, 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 Advanced Technology. To buy Advanced Technology stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Advanced Technology. 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 Advanced Technology stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Advanced Technology Materials 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 Advanced Technology Materials 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 Advanced Technology Materials, 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 Advanced Technology Materials?
The danger of trading Advanced Technology Materials 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 Advanced Technology 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 Advanced Technology. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Advanced Technology 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, which includes a position in Advanced Technology Materials. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Advanced Technology information on this page should be used as a complementary analysis to other Advanced Technology'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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Advanced Stock analysis
When running Advanced Technology's price analysis, check to measure Advanced Technology'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 Advanced Technology is operating at the current time. Most of Advanced Technology's value examination focuses on studying past and present price action to predict the probability of Advanced Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Advanced Technology's price. Additionally, you may evaluate how the addition of Advanced Technology to your portfolios can decrease your overall portfolio volatility.
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format |