Mingchen Health (China) Performance
| 002919 Stock | 15.76 0.54 3.55% |
On a scale of 0 to 100, Mingchen Health holds a performance score of 11. The company secures a Beta (Market Risk) of -0.14, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Mingchen Health are expected to decrease at a much lower rate. During the bear market, Mingchen Health is likely to outperform the market. Please check Mingchen Health's coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to make a quick decision on whether Mingchen Health's current price movements will revert.
Risk-Adjusted Performance
11 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Mingchen Health Co are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Mingchen Health sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Forward Dividend Yield 0.0099 | Payout Ratio 0.039 | Last Split Factor 1.2:1 | Forward Dividend Rate 0.15 | Ex Dividend Date 2024-05-31 |
| Begin Period Cash Flow | 135.9 M |
Mingchen |
Mingchen Health Relative Risk vs. Return Landscape
If you would invest 1,200 in Mingchen Health Co on August 30, 2024 and sell it today you would earn a total of 376.00 from holding Mingchen Health Co or generate 31.33% return on investment over 90 days. Mingchen Health Co is generating 0.5443% of daily returns and assumes 3.6457% volatility on return distribution over the 90 days horizon. Simply put, 32% of stocks are less volatile than Mingchen, and 90% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Mingchen Health Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mingchen Health's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Mingchen Health Co, and traders can use it to determine the average amount a Mingchen Health'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 = 0.1493
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Estimated Market Risk
| 3.65 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.54 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Mingchen Health is performing at about 11% 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 Mingchen Health by adding it to a well-diversified portfolio.
Mingchen Health Fundamentals Growth
Mingchen Stock prices reflect investors' perceptions of the future prospects and financial health of Mingchen Health, and Mingchen Health 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 Mingchen Stock performance.
| Return On Equity | 0.0014 | ||||
| Return On Asset | 0.0281 | ||||
| Profit Margin | 0 % | ||||
| Operating Margin | 0.22 % | ||||
| Current Valuation | 3.9 B | ||||
| Shares Outstanding | 266.53 M | ||||
| Price To Book | 4.64 X | ||||
| Price To Sales | 3.06 X | ||||
| Revenue | 1.64 B | ||||
| Gross Profit | 487.71 M | ||||
| EBITDA | 278.67 M | ||||
| Net Income | 70.36 M | ||||
| Total Debt | 53.1 M | ||||
| Book Value Per Share | 3.10 X | ||||
| Cash Flow From Operations | 69.31 M | ||||
| Earnings Per Share | 0.01 X | ||||
| Total Asset | 1.27 B | ||||
| Retained Earnings | 340.88 M | ||||
About Mingchen Health Performance
By analyzing Mingchen Health's fundamental ratios, stakeholders can gain valuable insights into Mingchen Health's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Mingchen Health 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 Mingchen Health has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Mingchen Health is entity of China. It is traded as Stock on SHE exchange.Things to note about Mingchen Health performance evaluation
Checking the ongoing alerts about Mingchen Health for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Mingchen Health help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Mingchen Health appears to be risky and price may revert if volatility continues | |
| Mingchen Health is unlikely to experience financial distress in the next 2 years | |
| About 51.0% of the company shares are owned by insiders or employees |
- Analyzing Mingchen Health'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 Mingchen Health's stock is overvalued or undervalued compared to its peers.
- Examining Mingchen Health'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 Mingchen Health's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mingchen Health's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Mingchen Health's stock. These opinions can provide insight into Mingchen Health's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Mingchen Stock analysis
When running Mingchen Health's price analysis, check to measure Mingchen Health'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 Mingchen Health is operating at the current time. Most of Mingchen Health's value examination focuses on studying past and present price action to predict the probability of Mingchen Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mingchen Health's price. Additionally, you may evaluate how the addition of Mingchen Health to your portfolios can decrease your overall portfolio volatility.
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