Ming Shing Group Stock Price on December 19, 2024
| MSW Stock | USD 6.42 0.69 12.04% |
If you're considering investing in Ming Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ming Shing stands at 6.42, as last reported on the 30th of December, with the highest price reaching 7.80 and the lowest price hitting 5.53 during the day. Ming Shing is very risky given 3 months investment horizon. Ming Shing Group has Sharpe Ratio of 0.1, which conveys that the firm had a 0.1% return per unit of risk over the last 3 months. We are able to interpolate and collect twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.03% are justified by taking the suggested risk. Use Ming Shing Group Risk Adjusted Performance of 0.0926, mean deviation of 7.29, and Downside Deviation of 9.88 to evaluate company specific risk that cannot be diversified away.
Total Stockholder Equity is likely to drop to about 549.8 K in 2024. Common Stock Shares Outstanding is likely to drop to about 10.2 M in 2024. Ming Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ming |
Sharpe Ratio = 0.1025
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Estimated Market Risk
| 10.01 actual daily | 89 89% of assets are less volatile |
Expected Return
| 1.03 actual daily | 20 80% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Ming Shing is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Ming Shing by adding it to a well-diversified portfolio.
Price Book 78.1659 | Enterprise Value Ebitda 24.9405 | Price Sales 2.83 | Earnings Share 0.17 | Shares Short 16.1 K |
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Ming Shing Valuation on December 19, 2024
It is possible to determine the worth of Ming Shing on a given historical date. On December 19, 2024 Ming was worth 5.27 at the beginning of the trading date compared to the closed value of 4.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ming Shing stock. Still, in general, we apply an absolute valuation method to find Ming Shing's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Ming Shing where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ming Shing's related companies.
| Open | High | Low | Close | Volume | |
| 5.27 | 5.27 | 5.01 | 5.14 | 6,735 | |
12/19/2024 | 5.27 | 5.27 | 4.33 | 4.34 | 41,408 |
| 4.34 | 4.51 | 3.76 | 4.17 | 212,048 |
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Ming Shing Trading Date Momentum on December 19, 2024
| On December 20 2024 Ming Shing Group was traded for 4.17 at the closing time. Highest Ming Shing's price during the trading hours was 4.51 and the lowest price during the day was 3.76 . The net volume was 212 K. The overall trading history on the 20th of December contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 3.92% . The trading delta at closing time to current price is 38.25% . |
Ming Shing Group Fundamentals Correlations and Trends
By evaluating Ming Shing's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Ming Shing's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ming financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ming Shing Stock history
Ming Shing investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Ming is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ming Shing Group will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Ming Shing stock prices may prove useful in developing a viable investing in Ming Shing
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 11.5 M | 10.2 M |
Ming Shing Quarterly Net Working Capital |
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Ming Shing Stock Technical Analysis
Ming Shing technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Ming Shing Period Price Range
Low | December 30, 2024
| High |
0.00 | 0.00 |
Ming Shing Group cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Ming Shing December 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Ming Shing stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ming Shing shares will generate the highest return on investment. By undertsting and applying Ming Shing stock market strength indicators, traders can identify Ming Shing Group entry and exit signals to maximize returns
Ming Shing Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ming Shing's price direction in advance. Along with the technical and fundamental analysis of Ming Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ming to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0926 | |||
| Jensen Alpha | 0.9965 | |||
| Total Risk Alpha | 0.7742 | |||
| Sortino Ratio | 0.1049 | |||
| Treynor Ratio | 0.3778 |
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| Volume Indicators |
Additional Tools for Ming Stock Analysis
When running Ming Shing's price analysis, check to measure Ming Shing's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ming Shing is operating at the current time. Most of Ming Shing's value examination focuses on studying past and present price action to predict the probability of Ming Shing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ming Shing's price. Additionally, you may evaluate how the addition of Ming Shing to your portfolios can decrease your overall portfolio volatility.