China Ming Risk Analysis

China Ming Yang Wind Power Group Limited -- USA Stock  

USD 0.35  0.04  10.26%

Macroaxis considers China Ming to be abnormally risky. China Ming Yang secures Sharpe Ratio (or Efficiency) of -0.0535 which signifies that China Ming Yang had -0.0535% of return per unit of risk over the last 1 month. Macroaxis philosophy towards foreseeing risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. China Ming Yang Wind Power Group Limited exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm China Ming Yang Risk Adjusted Performance of (0.023063) and Mean Deviation of 6.22 to double-check risk estimate we provide.
 Time Horizon     30 Days    Login   to change

China Ming Market Sensitivity

China Ming returns are very sensitive to returns on the market. As market goes up or down, China Ming is expected to follow.
One Month Beta |Analyze China Ming Yang Demand Trend
Check current 30 days China Ming correlation with market (DOW)
β = 1.034
China Ming llmost one 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 seventeen. 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, the stock has beta coefficient of 1.034 indicating China Ming Yang Wind Power Group Limited market returns are very sensitive to returns on the market. As the market benchmark goes up or down, China Ming is expected to follow. Additionally, China Ming Yang Wind Power Group Limited has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Predicted Return Density 
      Returns 
Allowing for the 30-days total investment horizon, the coefficient of variation of China Ming is -1870.88. The daily returns are destributed with a variance of 89.92 and standard deviation of 9.48. The mean deviation of China Ming Yang Wind Power Group Limited is currently at 6.25. For similar time horizon, the selected benchmark (DOW) has volatility of 0.45
α
Alpha over DOW
=0.91
β
Beta against DOW=1.03
σ
Overall volatility
=9.48
Ir
Information ratio =0.1

Actual Return Volatility

China Ming Yang Wind Power Group Limited accepts 9.4824% volatility on return distribution over the 30 days horizon. DOW inherits 0.4644% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

China Ming Volatility Factors

30 Days Market Risk

Abnormally risky

Chance of Distress in 24 months

About average

30 Days Economic Sensitivity

Almost mirrors market

Total Debt

China Ming Yang Total Debt History

Total Debt

Largest Trends

China Ming Largest Period Trend

Investment Outlook

China Ming Investment Opportunity
China Ming Yang Wind Power Group Limited has a volatility of 9.48 and is 20.61 times more volatile than DOW. 87% 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 higher than 87 (%) of all global equities and portfolios over the last 30 days. Use China Ming Yang Wind Power Group Limited to protect against small markets fluctuations. The stock experiences very speculative upward sentiment.. Check odds of China Ming to be traded at $0.3325 in 30 days. China Ming returns are very sensitive to returns on the market. As market goes up or down, China Ming is expected to follow.

China Ming correlation with market

Significant 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