Ming Shing Group Stock Market Value
| MSW Stock | USD 6.42 0.69 12.04% |
| Symbol | Ming |
Is Construction space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ming Shing. If investors know Ming will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ming Shing listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.423 | Earnings Share 0.17 | Revenue Per Share 2.451 | Quarterly Revenue Growth 0.299 | Return On Assets 0.2012 |
The market value of Ming Shing Group is measured differently than its book value, which is the value of Ming that is recorded on the company's balance sheet. Investors also form their own opinion of Ming Shing's value that differs from its market value or its book value, called intrinsic value, which is Ming Shing's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ming Shing's market value can be influenced by many factors that don't directly affect Ming Shing's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ming Shing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ming Shing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ming Shing's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Ming Shing 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Ming Shing's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Ming Shing.
| 10/31/2024 |
| 12/30/2024 |
If you would invest 0.00 in Ming Shing on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Ming Shing Group or generate 0.0% return on investment in Ming Shing over 60 days. Ming Shing is related to or competes with Jacobs Solutions, Dycom Industries, Innovate Corp, Energy Services, Wang Lee, Arcosa, and Aecom Technology. Mission West Properties, Inc. engages in the acquisition, marketing, leasing, and management of research and development properties, primarily in the Silicon Valley portion of the San Francisco Bay Area. More
Ming Shing Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Ming Shing's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Ming Shing Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.88 | |||
| Information Ratio | 0.1014 | |||
| Maximum Drawdown | 35.25 | |||
| Value At Risk | (15.70) | |||
| Potential Upside | 19.5 |
Ming Shing Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ming Shing's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ming Shing's standard deviation. In reality, there are many statistical measures that can use Ming Shing historical prices to predict the future Ming Shing's volatility.| Risk Adjusted Performance | 0.0926 | |||
| Jensen Alpha | 0.9965 | |||
| Total Risk Alpha | 0.7742 | |||
| Sortino Ratio | 0.1049 | |||
| Treynor Ratio | 0.3778 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ming Shing's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Ming Shing Group Backtested Returns
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 Mean Deviation of 7.29, downside deviation of 9.88, and Risk Adjusted Performance of 0.0926 to evaluate company specific risk that cannot be diversified away. Ming Shing holds a performance score of 8 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 2.8, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Ming Shing will likely underperform. Use Ming Shing Group value at risk, as well as the relationship between the kurtosis and market facilitation index , to analyze future returns on Ming Shing Group.
Auto-correlation | 0.69 |
Good predictability
Ming Shing Group has good predictability. Overlapping area represents the amount of predictability between Ming Shing time series from 31st of October 2024 to 30th of November 2024 and 30th of November 2024 to 30th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Ming Shing Group price movement. The serial correlation of 0.69 indicates that around 69.0% of current Ming Shing price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.69 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.24 |
Ming Shing Group lagged returns against current returns
Autocorrelation, which is Ming Shing stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Ming Shing's stock expected returns. We can calculate the autocorrelation of Ming Shing returns to help us make a trade decision. For example, suppose you find that Ming Shing has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Ming Shing regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Ming Shing stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ming Shing stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ming Shing stock over time.
Current vs Lagged Prices |
| Timeline |
Ming Shing Lagged Returns
When evaluating Ming Shing's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ming Shing stock have on its future price. Ming Shing autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Ming Shing autocorrelation shows the relationship between Ming Shing stock current value and its past values and can show if there is a momentum factor associated with investing in Ming Shing Group.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.