China Ming seems to be over valued based on Macroaxis valuation methodology. Macroaxis approximates value of China Ming Yang from analyzing the firm fundamentals such as Shares Outstanding of 125.08M, Return On Asset of
0.01% and Operating Margin of 0.05% as well as examining its technical indicators and Probability Of Bankruptcy. In general, we favor to go long with undervalued instruments and to trade away overvalued instruments since at some point assets prices and their ongoing real values will blend.
Valuation Drivers Correlation
Selected China Ming Yang Wind Power Group Limited Valuation Data Over Time
|Investment Horizon||30 Days Login to change|
China Ming Yang Wind Power Group Limited is regarded third in price to book category among related companies. It is regarded third in beta category among related companies totaling about 3.95 of Beta per Price to Book.
China Ming is abnormally risky asset. Calculation of real value of China Ming Yang is based on 1 month time horizon. Increasing China Ming Yang time horizon generally increases accuracy of value calculation and significantly improves predictive power of the methodology used.