China Ming Technical Analysis

China Ming Yang Wind Power Group Limited -- USA Stock  

USD 0.47  0.03  6.82%

China Ming Yang Wind Power Group Limited shows Risk Adjusted Performance of 0.2485 and Mean Deviation of 7.24. 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 Yang Downside 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 0.47 per share. As China Ming Yang is a penny stock we also strongly suggest to validate its Total Risk Alpha numbers.
Investment Horizon     30 Days    Login   to change

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 0.015441 % which suggests that China Ming Yang Wind Power Group Limited will keep on generating value for investors. It has 34 observation points and a regression sum of squares at 0.19, which is the sum of squared deviations for the predicted China Ming price change compared to its average price change.

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China Ming Yang Wind Power Group Limited is regarded second in mean deviation category among related companies. It is considered to be number one stock in standard deviation category among related companies creating about  1.37  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for China Ming Yang Wind Power Group Limited is roughly  1.37