The company secures Beta (Market Risk) of -0.0131 which conveys that as returns on market increase, returns on owning MannKind are expected to decrease at a much smaller rate. During bear market, MannKind is likely to outperform the market. Although it is extremely important to respect MannKind price patterns
, it is better to be realistic regarding the information on equity historical price patterns
. The philosophy towards estimating future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By analyzing MannKind technical indicators
you can presently evaluate if the expected return of 0.0% will be sustainable into the future. MannKind
right now secures a risk of 0.0%. Please verify MannKind Corporation Jensen Alpha
, Maximum Drawdown
and the relationship
between Information Ratio
and Treynor Ratio
to decide if MannKind Corporation will be following its current price movements.
Over the last 30 days MannKind Corporation has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, MannKind is not utilizing all of its potentials. The current stock price disturbance, may contribute to short term losses for the investors.
|Fifty Two Week Low||1,081.00|
|Fifty Two Week High||1,140.00|