Mgm China Holdings Stock Performance
| MCHVF Stock | USD 1.67 0.13 7.22% |
On a scale of 0 to 100, MGM China holds a performance score of 11. The company secures a Beta (Market Risk) of 0.41, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, MGM China's returns are expected to increase less than the market. However, during the bear market, the loss of holding MGM China is expected to be smaller as well. Please check MGM China's downside variance, and the relationship between the treynor ratio and kurtosis , to make a quick decision on whether MGM China's current price movements will revert.
Risk-Adjusted Performance
11 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in MGM China Holdings are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, MGM China reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 2.6 B | |
| Total Cashflows From Investing Activities | -518.5 M |
MGM |
MGM China Relative Risk vs. Return Landscape
If you would invest 126.00 in MGM China Holdings on January 26, 2024 and sell it today you would earn a total of 41.00 from holding MGM China Holdings or generate 32.54% return on investment over 90 days. MGM China Holdings is currently producing 0.512% returns and takes up 3.6288% volatility of returns over 90 trading days. Put another way, 32% of traded pink sheets are less volatile than MGM, and 90% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
MGM China Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for MGM China's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as MGM China Holdings, and traders can use it to determine the average amount a MGM China'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 = 0.1411
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Estimated Market Risk
| 3.63 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.51 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average MGM China is performing at about 11% 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 MGM China by adding it to a well-diversified portfolio.
MGM China Fundamentals Growth
MGM Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of MGM China, and MGM China 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 MGM Pink Sheet performance.
| Return On Equity | -4.32 | |||
| Return On Asset | -0.0595 | |||
| Profit Margin | (0.57) % | |||
| Operating Margin | (0.36) % | |||
| Current Valuation | 7.17 B | |||
| Shares Outstanding | 3.8 B | |||
| Price To Earning | 31.19 X | |||
| Price To Book | 12.54 X | |||
| Price To Sales | 0.54 X | |||
| Revenue | 9.41 B | |||
| EBITDA | (400.2 M) | |||
| Cash And Equivalents | 6.95 B | |||
| Cash Per Share | 1.83 X | |||
| Total Debt | 23.93 B | |||
| Book Value Per Share | (0.31) X | |||
| Cash Flow From Operations | (449.61 M) | |||
| Earnings Per Share | (0.13) X | |||
| Total Asset | 28.44 B | |||
| Retained Earnings | 4.22 B | |||
| Current Asset | 3.91 B | |||
| Current Liabilities | 4.32 B | |||
About MGM China Performance
To evaluate MGM China Holdings 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 MGM China 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 MGM 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 MGM China Holdings market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents MGM'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.MGM China Holdings Limited, an investment holding company, engages in the development, ownership, and operation of gaming and lodging resorts in the Greater China region. MGM China Holdings Limited is a subsidiary of MGM Resorts International Holdings, Ltd. MGM China is traded on OTC Exchange in the United States.Things to note about MGM China Holdings performance evaluation
Checking the ongoing alerts about MGM China for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for MGM China Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| MGM China Holdings may become a speculative penny stock | |
| MGM China Holdings appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 9.41 B. Net Loss for the year was (3.85 B) with profit before overhead, payroll, taxes, and interest of 5.56 B. | |
| MGM China Holdings has accumulated about 6.95 B in cash with (449.61 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.83, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 78.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing MGM China'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 MGM China's stock is overvalued or undervalued compared to its peers.
- Examining MGM China'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 MGM China's management team can have a significant impact on its success or failure. Reviewing the track record and experience of MGM China's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of MGM China's pink sheet. These opinions can provide insight into MGM China's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MGM China Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for MGM Pink Sheet analysis
When running MGM China's price analysis, check to measure MGM China'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 MGM China is operating at the current time. Most of MGM China's value examination focuses on studying past and present price action to predict the probability of MGM China's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MGM China's price. Additionally, you may evaluate how the addition of MGM China to your portfolios can decrease your overall portfolio volatility.
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