Ming Yang (China) Performance
| 601615 Stock | 14.20 0.38 2.75% |
On a scale of 0 to 100, Ming Yang holds a performance score of 19. The company secures a Beta (Market Risk) of -0.25, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ming Yang are expected to decrease at a much lower rate. During the bear market, Ming Yang is likely to outperform the market. Please check Ming Yang's downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Ming Yang's current price movements will revert.
Risk-Adjusted Performance
19 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Ming Yang Smart are ranked lower than 19 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Ming Yang sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Payout Ratio 1.9006 | Ex Dividend Date 2024-07-05 |
1 | Revenue Downgrade Heres What Analysts Forecast For Ming Yang Smart Energy Group Limited - Simply Wall St | 09/04/2024 |
2 | Ming Yang Smart Energy Group Third Quarter 2024 Earnings EPS CN0.068 - Simply Wall St | 10/31/2024 |
| Begin Period Cash Flow | 10.5 B |
Ming |
Ming Yang Relative Risk vs. Return Landscape
If you would invest 864.00 in Ming Yang Smart on September 2, 2024 and sell it today you would earn a total of 556.00 from holding Ming Yang Smart or generate 64.35% return on investment over 90 days. Ming Yang Smart is generating 0.9073% of daily returns and assumes 3.576% volatility on return distribution over the 90 days horizon. Simply put, 31% of stocks are less volatile than Ming, and 82% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Ming Yang Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ming Yang's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Ming Yang Smart, and traders can use it to determine the average amount a Ming Yang's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2537
| Best Portfolio | Best Equity | |||
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| Small Returns | 601615 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.58 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.91 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average Ming Yang is performing at about 19% 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 Yang by adding it to a well-diversified portfolio.
Ming Yang Fundamentals Growth
Ming Stock prices reflect investors' perceptions of the future prospects and financial health of Ming Yang, and Ming Yang fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Ming Stock performance.
| Return On Equity | -0.001 | ||||
| Return On Asset | -0.0051 | ||||
| Profit Margin | (0) % | ||||
| Operating Margin | (0.02) % | ||||
| Current Valuation | 37.59 B | ||||
| Shares Outstanding | 2.27 B | ||||
| Price To Book | 1.19 X | ||||
| Price To Sales | 1.20 X | ||||
| Revenue | 27.86 B | ||||
| Gross Profit | 5.74 B | ||||
| EBITDA | 427.11 M | ||||
| Net Income | 372.45 M | ||||
| Total Debt | 863.51 M | ||||
| Book Value Per Share | 12.57 X | ||||
| Cash Flow From Operations | (2.59 B) | ||||
| Earnings Per Share | (0.03) X | ||||
| Total Asset | 83.86 B | ||||
| Retained Earnings | 7.79 B | ||||
About Ming Yang Performance
By analyzing Ming Yang's fundamental ratios, stakeholders can gain valuable insights into Ming Yang's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Ming Yang has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Ming Yang has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Ming Yang is entity of China. It is traded as Stock on SHG exchange.Things to note about Ming Yang Smart performance evaluation
Checking the ongoing alerts about Ming Yang for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Ming Yang Smart help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ming Yang Smart appears to be risky and price may revert if volatility continues | |
| Ming Yang generates negative cash flow from operations | |
| About 25.0% of the company shares are owned by insiders or employees |
- Analyzing Ming Yang's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Ming Yang's stock is overvalued or undervalued compared to its peers.
- Examining Ming Yang's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Ming Yang's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ming Yang's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Ming Yang's stock. These opinions can provide insight into Ming Yang's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Ming Stock analysis
When running Ming Yang's price analysis, check to measure Ming Yang'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 Yang is operating at the current time. Most of Ming Yang's value examination focuses on studying past and present price action to predict the probability of Ming Yang'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 Yang's price. Additionally, you may evaluate how the addition of Ming Yang to your portfolios can decrease your overall portfolio volatility.
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