China Ming Performance

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.
Investment Horizon     30 Days    Login   to change

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 (%) 
      Risk (%) 
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.

Risk-Adjusted Performance

Over the last 30 days China Ming Yang Wind Power Group Limited has generated negative risk-adjusted returns adding no value to investors with long positions.

One Month Efficiency

China Ming Sharpe Ratio = -0.0489
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Estimated Market Risk

  actual daily
 50 %
of total potential

Expected Return

  actual daily
 1 %
of total potential

Risk-Adjusted Return

  actual daily
 1 %
of total potential
Based on monthly moving average China Ming is performing at about 0% 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.