China Ming Risk Analysis

China Ming Yang Wind Power Group Limited -- USA Stock  

USD 2.44  2.44  9,223,372,036,855%

Our philosophy towards foreseeing volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for China Ming Yang Wind Power Group Limited which you can use to evaluate future volatility of the firm. Please confirm China Ming Yang Risk Adjusted Performance of 0.2561 and Mean Deviation of 29.45 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
 Time Horizon     30 Days    Login   to change

China Ming Market Sensitivity

As returns on market increase, returns on owning China Ming are expected to decrease by larger amounts. On the other hand, during market turmoil, China Ming is expected to significantly outperform it.
2 Months Beta |Analyze China Ming Yang Demand Trend
Check current 30 days China Ming correlation with market (DOW)
β = -3.1682
China Ming Large Negative BetaChina Ming Yang Beta Legend

China Ming Yang Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of thirty-nine. China Ming Yang Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

Projected Return Density Against Market

Allowing for the 30-days total investment horizon, China Ming Yang Wind Power Group Limited has beta of -3.1682 indicating as returns on its benchmark rise, returns on holding China Ming Yang Wind Power Group Limited are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, China Ming is expected to outperform its benchmark. In addition to that, China Ming Yang Wind Power Group Limited has an alpha of 14.3617 implying that it can potentially generate 14.3617% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=14.36
β
Beta against DOW=3.17
σ
Overall volatility
=0.00
Ir
Information ratio =0.15

Actual Return Volatility

China Ming Yang Wind Power Group Limited accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.3999% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

China Ming Volatility Factors

60 Days Market Risk

Not too risky

Chance of Distress in 24 months

About average

60 Days Economic Sensitivity

Completely opposite to market

Total Debt

China Ming Yang Total Debt History

Total Debt

Investment Outlook

China Ming Investment Opportunity
DOW has a standard deviation of returns of 1.4 and is 9.223372036854776E16 times more volatile than China Ming Yang Wind Power Group Limited. 0% of all equities and portfolios are less risky than China Ming. Compared to the overall equity markets, volatility of historical daily returns of China Ming Yang Wind Power Group Limited is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use China Ming Yang Wind Power Group Limited to enhance returns of your portfolios. The stock experiences very speculative upward sentiment.. Check odds of China Ming to be traded at $3.05 in 30 days. As returns on market increase, returns on owning China Ming are expected to decrease by larger amounts. On the other hand, during market turmoil, China Ming is expected to significantly outperform it.

China Ming correlation with market

Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding China Ming Yang Wind Power Gro and equity matching DJI index in the same portfolio.

Volatility Indicators

China Ming Current Risk Indicators
Please see also Stocks Correlation. Please also try ETF Directory module to find actively-traded exchange traded funds (etf) from around the world.