China Ming Performance

China Ming Yang Wind Power Group Limited -- USA Stock  

USD 0.47  0.00  0.00%

China Ming holds performance score of 42 on a scale of zero to a hundred. The firm shows Beta (market volatility) of 11.7069 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.. Although it is essential to pay attention to China Ming Yang historical returns, it is also good to be reasonable about what you can actually do with equity current trending patterns. Macroaxis philosophy towards foreseeing future performance of any stock is to look not only at its past charts but also at the business as a whole, including all available fundamental and technical indicators. To evaluate if China Ming Yang Wind Power Group Limited expected return of 6.2884 will be sustainable into the future, we have found twenty-one different technical indicators which can help you to check if the expected returns are sustainable. Use China Ming Downside Deviation, Treynor Ratio as well as the relationship between Treynor Ratio and Expected Short fall to analyze future returns on China Ming.
Investment Horizon     30 Days    Login   to change

China Ming Yang Relative Risk vs. Return Landscape

If you would invest  28  in China Ming Yang Wind Power Group Limited on November 14, 2017 and sell it today you would earn a total of  19  from holding China Ming Yang Wind Power Group Limited or generate 67.86% return on investment over 30 days. China Ming Yang Wind Power Group Limited is generating 6.2884% of daily returns and assumes 9.7041% volatility on return distribution over the 30 days horizon. Put differently, 90% of equity instruments are less risky than the company on the bases of their historical return distribution and some 0% of equities are expected to be superior in generating returns on investments over the next 30 days.
 Daily Expected Return (%) 
      Risk (%) 
Allowing for the 30-days total investment horizon, China Ming Yang Wind Power Group Limited is expected to generate 19.32 times more return on investment than the market. However, the company is 19.32 times more volatile than its market benchmark. It trades about 0.65 of its potential returns per unit of risk. The DOW is currently generating roughly 0.42 per unit of risk.

China Ming Daily Price Distribution

The median price of China Ming for the period between Tue, Nov 14, 2017 and Thu, Dec 14, 2017 is 0.28 with a coefficient of variation of 31.28. The daily time series for the period is distributed with a sample standard deviation of 0.09, arithmetic mean of 0.3, and mean deviation of 0.08. The Stock received some media coverage during the period.

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in China Ming Yang Wind Power Group Limited are ranked lower than 42 (%) of all global equities and portfolios over the last 30 days.

One Month Efficiency

China Ming Sharpe Ratio = 0.648
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Estimated Market Risk

  actual daily
 10 %
of total potential

Expected Return

  actual daily
 96 %
of total potential

Risk-Adjusted Return

  actual daily
 42 %
of total potential
Based on monthly moving average China Ming is performing at about 42% 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 China Ming by adding it to a well-diversified portfolio.