China Ming Risk Analysis

China Ming Yang Wind Power Group Limited -- USA Stock  

USD 0.47  0.00  0.00%

China Ming is abnormally risky given 1 month investment horizon. China Ming Yang secures Sharpe Ratio (or Efficiency) of 0.648 which signifies that China Ming Yang had 0.648% of return per unit of risk over the last 1 month. Our philosophy towards foreseeing volatility of a stock is to use China Ming Yang market data together with company specific technical indicators. We found twenty-one different technical indicators which can help you to evaluate if expected returns of 6.2884% are justified by taking the suggested risk. Use China Ming Risk Adjusted Performance of 0.2302 and Mean Deviation of 7.36 to evaluate company specific risk that cannot be diversified away.
Investment Horizon     30 Days    Login   to change

China Ming Market Sensitivity

As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, China Ming will likely underperform.
One Month Beta |Analyze China Ming Yang Demand Trend
Check current 30 days China Ming correlation with market (DOW)
β = 11.7069
China Ming Large 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 11.7069 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, China Ming will likely underperform. In addition to that, China Ming Yang Wind Power Group Limited has an alpha of 2.0433 implying that it can potentially generate 2.0433% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Allowing for the 30-days total investment horizon, the coefficient of variation of China Ming is 154.32. The daily returns are destributed with a variance of 94.17 and standard deviation of 9.7. The mean deviation of China Ming Yang Wind Power Group Limited is currently at 6.99. For similar time horizon, the selected benchmark (DOW) has volatility of 0.5
α
Alpha over DOW
=2.04
βBeta against DOW=11.71
σ
Overall volatility
=9.7
 IrInformation ratio =0.42

Actual Return Volatility

China Ming Yang Wind Power Group Limited accepts 9.7041% volatility on return distribution over the 30 days horizon. DOW inherits 0.5022% 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

30 Days Economic Sensitivity

Hypersensitive to market

Total Debt

China Ming Yang Total Debt History

Total Debt

Largest Trends

China Ming Largest Period Trend
 0.00 
  
 0.00 
0.00  ?%
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Lowest period price (30 days)
 0.45 
  
 0.47 
0.02  4.44%
Highest period price (30 days)

Investment Outlook

China Ming Investment Opportunity
China Ming Yang Wind Power Group Limited has a volatility of 9.7 and is 19.4 times more volatile than DOW. 90% 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 90 (%) 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 normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of China Ming to be traded at $0.4653 in 30 days. As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, China Ming will likely underperform.

China Ming correlation with market

Very weak 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