In respect to Fundamental Indicators, Macroaxis technical analysis interface gives you tools to check existing technical drivers of China Ming as well as the relationship between them. In plain English you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found nineteen technical drivers for China Ming Yang Wind Power Group Limited which can be compared to its rivals. Please confirm China Ming YangDownside Deviation, Treynor Ratio as well as the relationship between Treynor Ratio and Expected Short fall to decide if China Ming Yang is priced correctly providing market reflects its regular price of 2.44 per share. Please also double-check China Ming Yang Wind Power Group Limited Total Risk Alpha which is currently at 0.0 to validate the company can sustain itself at future point.
The output start index for this execution was four with a total number of output elements of thirteen. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of China Ming Yang volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.
China Ming Yang Trend Analysis
Use this graph to draw trend lines for China Ming Yang Wind Power Group Limited. You can use it to identify possible trend reversals for China Ming as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual China Ming price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
China Ming Best Fit Change Line
The following chart estimates an ordinary least squares regression model for China Ming Yang Wind Power Group Limited applied against its price change over selected period. The best fit line has a slop of 0.05 % which may indicate that the price for China Ming Yang Wind Power Group Limited will continue to decline. It has 34 observation points and a regression sum of squares at 1.87, which is the sum of squared deviations for the predicted China Ming price change compared to its average price change.
Current Sentiment - MY
China Ming Yang Investor Sentiment
Larger part of Macroaxis users are now bullish on China Ming Yang Wind Power Group Limited. What is your opinion about investing in China Ming Yang Wind Power Group Limited? Are you bullish or bearish?