Chifeng Jilong (China) Today
| 600988 Stock | 17.92 0.77 4.12% |
Performance19 of 100
| Odds Of DistressLess than 2
|
Chifeng Jilong is trading at 17.92 as of the 3rd of May 2024, a -4.12 percent decrease since the beginning of the trading day. The stock's open price was 18.69. Chifeng Jilong has a very small chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Chifeng Jilong Gold are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of April 2024 and ending today, the 3rd of May 2024. Click here to learn more.
Business Domain Materials | IPO Date 30th of March 2004 | Category Basic Materials |
Chifeng Jilong is entity of China. It is traded as Stock on SHG exchange. The company has 1.66 B outstanding shares. More on Chifeng Jilong Gold
Moving together with Chifeng Stock
| 0.95 | 601899 | Zijin Mining Group | PairCorr |
| 0.92 | 600309 | Wanhua Chemical Group | PairCorr |
| 0.73 | 600019 | Baoshan Iron Steel | PairCorr |
| 0.83 | 002493 | Rongsheng Petrochemical | PairCorr |
| 0.81 | 600010 | Inner Mongolia BaoTou | PairCorr |
| 0.76 | 600160 | Zhejiang Juhua | PairCorr |
Moving against Chifeng Stock
| 0.48 | 601318 | Ping An Insurance | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
Check how we calculate scores
Chifeng 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. Chifeng Jilong's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Chifeng Jilong or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman Pres | Jianhua Wang | ||||
| Business Concentration | Metals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Materials, Basic Materials (View all Sectors) | ||||
Chifeng Jilong's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Chifeng Jilong'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 Chifeng Jilong's financial leverage. It provides some insight into what part of Chifeng Jilong's total assets is financed by creditors.
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Chifeng Jilong Gold (600988) is traded on Shanghai Stock Exchange in China and employs 5,457 people. Chifeng Jilong is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 29.82 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Chifeng Jilong's market, we take the total number of its shares issued and multiply it by Chifeng Jilong'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. Chifeng Jilong Gold operates under Metals & Mining sector and is part of Materials industry. The entity has 1.66 B outstanding shares.
Chifeng Jilong generates positive cash flow from operations, but has no cash available
Check Chifeng Jilong Probability Of Bankruptcy
Ownership AllocationChifeng Jilong Gold retains a total of 1.66 Billion outstanding shares. Chifeng Jilong Gold shows significant amount of outstanding shares owned by insiders and institutional investors .Since such a large part of the company is not owned by regular investors, we recommend to check if there were significant buying or selling the Chifeng Jilong Gold stock in recent months. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Chifeng Ownership Details
Chifeng Stock Price Odds Analysis
What are Chifeng Jilong's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Chifeng Jilong jumping above the current price in 90 days from now is about 14.19%. The Chifeng Jilong Gold probability density function shows the probability of Chifeng Jilong stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Chifeng Jilong Gold has a beta of -1.2189. This suggests as returns on its benchmark rise, returns on holding Chifeng Jilong Gold are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Chifeng Jilong is expected to outperform its benchmark. Additionally, chifeng Jilong Gold has an alpha of 0.5612, implying that it can generate a 0.56 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Chifeng Jilong to move above the current price in 90 days from now is about 14.19 (This Chifeng Jilong Gold probability density function shows the probability of Chifeng Stock to fall within a particular range of prices over 90 days) .
Chifeng Jilong Gold Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Chifeng Jilong market risk premium is the additional return an investor will receive from holding Chifeng Jilong 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 Chifeng Jilong. 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 Chifeng Jilong's alpha and beta are two of the key measurements used to evaluate Chifeng Jilong's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.27 | |||
| Semi Deviation | 2.29 | |||
| Standard Deviation | 3.16 | |||
| Variance | 9.97 |
Chifeng Stock Against Markets
Picking the right benchmark for Chifeng Jilong 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 Chifeng Jilong 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 Chifeng Jilong is critical whether you are bullish or bearish towards Chifeng Jilong Gold at a given time. Please also check how Chifeng Jilong'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 Chifeng Jilong 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 Efficient Frontier Now
Efficient FrontierPlot and analyze your portfolio and positions against risk-return landscape of the market. |
| All Next | Launch Module |
Chifeng Jilong Corporate Executives
Elected by the shareholders, the Chifeng Jilong's board of directors comprises two types of representatives: Chifeng Jilong inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Chifeng. The board's role is to monitor Chifeng Jilong's management team and ensure that shareholders' interests are well served. Chifeng Jilong'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, Chifeng Jilong's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Qiang Zhao | CFO Pres | Profile | |
| FCPA CFA | VP CFO | Profile |
How to buy Chifeng Stock?
Before investing in Chifeng Jilong, 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 Chifeng Jilong. To buy Chifeng Jilong stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Chifeng Jilong. 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 Chifeng Jilong stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Chifeng Jilong Gold 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 Chifeng Jilong Gold 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 Chifeng Jilong Gold, 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 Chifeng Jilong Gold?
The danger of trading Chifeng Jilong Gold 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 Chifeng Jilong 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 Chifeng Jilong. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Chifeng Jilong Gold 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 Chifeng Jilong Gold. 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 Chifeng Jilong Gold information on this page should be used as a complementary analysis to other Chifeng Jilong'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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for Chifeng Stock analysis
When running Chifeng Jilong's price analysis, check to measure Chifeng Jilong'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 Chifeng Jilong is operating at the current time. Most of Chifeng Jilong's value examination focuses on studying past and present price action to predict the probability of Chifeng Jilong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chifeng Jilong's price. Additionally, you may evaluate how the addition of Chifeng Jilong to your portfolios can decrease your overall portfolio volatility.
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