|China Ming Yang Wind Power Group Limited -- USA Stock|| |
USD 0.19 0.01 5%
Macroaxis gives China Ming performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of 4.1206 which signifies that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, China Ming will likely underperform.. Even though it is essential to pay attention to China Ming Yang
historical returns, it is always good to be careful when utilizing equity current trending patternss. Macroaxis philosophy towards foreseeing future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators
. China Ming Yang Wind Power Group Limited exposes twenty-one different technical indicators which can help you to evaluate its performance. China Ming Yang
has expected return of -0.2595%. Please be advised to confirm China Ming Yang Downside Deviation
, Treynor Ratio
as well as the relationship
between Treynor Ratio and Expected Short fall
to decide if China Ming Yang
past performance will be repeated at some point in the near future.
Relative Risk vs. Return Landscape
If you would invest 20
in China Ming Yang Wind Power Group Limited on September 22, 2017
and sell it today you would lose (1)
from holding China Ming Yang Wind Power Group Limited or give up 5.0%
of portfolio value over 30
days. China Ming Yang Wind Power Group Limited is generating negative expected returns and assumes 5.3055% volatility on return distribution over the 30 days horizon. Put differently, 50% of equity instruments are less risky than the company on the bases of their historical return distribution and some 99% of equities are expected to be superior in generating returns on investments over the next 30 days.
Daily Expected Return (%)
Allowing for the 30-days total investment horizon, China Ming Yang Wind Power Group Limited is expected to under-perform the market. In addition to that, the company is 19.69 times more volatile than its market benchmark. It trades about -0.05 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.73 per unit of volatility.
China Ming Daily Price Distribution
The median price of China Ming for the period between Fri, Sep 22, 2017 and Sun, Oct 22, 2017 is 0.19 with a coefficient of variation of 3.71. The daily time series for the period is distributed with a sample standard deviation of 0.01, arithmetic mean of 0.19, and mean deviation of 0.0. The Stock did not receive any noticable media coverage during the period.