China Ming Risk Analysis

China Ming Yang Wind Power Group Limited -- USA Stock  

USD 0.19  0.01  5%

Macroaxis considers China Ming abnormally risky given 1 month investment horizon. China Ming Yang secures Sharpe Ratio (or Efficiency) of 0.0999 which signifies that China Ming Yang had 0.0999% of return per unit of risk over the last 1 month. 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. By analyzing China Ming Yang technical indicators you can presently evaluate if the expected return of 0.53% is justified by implied risk. Please makes use of China Ming Yang Risk Adjusted Performance of 0.0268 and Mean Deviation of 2.25 to double-check if our risk estimates are consistent with your expectations.
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 = 2.7685
China Ming Large BetaChina Ming Yang Beta Legend

Projected Return Density Against Market

Allowing for the 30-days total investment horizon, the stock has beta coefficient of 2.7685 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. 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 1000.92. The daily returns are destributed with a variance of 28.14 and standard deviation of 5.3. The mean deviation of China Ming Yang Wind Power Group Limited is currently at 2.91. For similar time horizon, the selected benchmark (DOW) has volatility of 0.23
α
Alpha over DOW
=(0.04) 
βBeta against DOW= 2.77 
σ
Overall volatility
= 5.3 
 IrInformation ratio = 0.0431 

Actual Return Volatility

China Ming Yang Wind Power Group Limited accepts 5.3049% volatility on return distribution over the 30 days horizon. DOW inherits 0.2342% 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

Close to average

30 Days Economic Sensitivity

Hypersensitive to 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 5.3 and is 23.04 times more volatile than DOW. 50% 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 50 (%) 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 $0.1805 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

Average 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