Mingzhu Logistics Holdings Stock Alpha and Beta Analysis
| YGMZ Stock | USD 0.88 0.07 7.37% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Mingzhu Logistics Holdings. It also helps investors analyze the systematic and unsystematic risks associated with investing in Mingzhu Logistics over a specified time horizon. Remember, high Mingzhu Logistics' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Mingzhu Logistics' market risk premium analysis include:
Beta (0.22) | Alpha (0.28) | Risk 5.92 | Sharpe Ratio (0.03) | Expected Return (0.20) |
Enterprise Value |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Mingzhu |
Mingzhu Logistics Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Mingzhu Logistics market risk premium is the additional return an investor will receive from holding Mingzhu Logistics long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Mingzhu Logistics. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Mingzhu Logistics' performance over market.| α | -0.28 | β | -0.22 |
Mingzhu Logistics expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Mingzhu Logistics' Buy-and-hold return. Our buy-and-hold chart shows how Mingzhu Logistics performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Mingzhu Logistics Market Price Analysis
Market price analysis indicators help investors to evaluate how Mingzhu Logistics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mingzhu Logistics shares will generate the highest return on investment. By understating and applying Mingzhu Logistics stock market price indicators, traders can identify Mingzhu Logistics position entry and exit signals to maximize returns.
Mingzhu Logistics Return and Market Media
The median price of Mingzhu Logistics for the period between Mon, Sep 23, 2024 and Sun, Dec 22, 2024 is 1.2 with a coefficient of variation of 11.79. The daily time series for the period is distributed with a sample standard deviation of 0.14, arithmetic mean of 1.23, and mean deviation of 0.11. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | YGMZ Stock Surges Amidst Freight Industry Volatility | 10/03/2024 |
2 | MingZhu Logistics Expands Board with New Leadership - TipRanks | 12/06/2024 |
3 | YGMZ Stock Plummets 6.80 percent Amidst Freight Industry Decline | 12/19/2024 |
About Mingzhu Logistics Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Mingzhu or other stocks. Alpha measures the amount that position in Mingzhu Logistics has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2023 | 2024 (projected) | Dividend Yield | 0.008008 | 0.008409 | Price To Sales Ratio | 1.13 | 1.07 |
Mingzhu Logistics Upcoming Company Events
As portrayed in its financial statements, the presentation of Mingzhu Logistics' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Mingzhu Logistics' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Mingzhu Logistics' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Mingzhu Logistics. Please utilize our Beneish M Score to check the likelihood of Mingzhu Logistics' management manipulating its earnings.
| 21st of May 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
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Additional Tools for Mingzhu Stock Analysis
When running Mingzhu Logistics' price analysis, check to measure Mingzhu Logistics' 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 Mingzhu Logistics is operating at the current time. Most of Mingzhu Logistics' value examination focuses on studying past and present price action to predict the probability of Mingzhu Logistics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mingzhu Logistics' price. Additionally, you may evaluate how the addition of Mingzhu Logistics to your portfolios can decrease your overall portfolio volatility.