Mgm China Holdings Stock Performance
| MCHVY Stock | USD 14.44 0.04 0.28% |
The company secures a Beta (Market Risk) of -0.16, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning MGM China are expected to decrease at a much lower rate. During the bear market, MGM China is likely to outperform the market. MGM China Holdings currently secures a risk of 3.58%. Please verify MGM China Holdings information ratio, kurtosis, as well as the relationship between the Kurtosis and period momentum indicator , to decide if MGM China Holdings will be following its current price movements.
Risk-Adjusted Performance
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Over the last 90 days MGM China Holdings has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong basic indicators, MGM China is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 2.6 B | |
| Total Cashflows From Investing Activities | -518.5 M |
MGM |
MGM China Relative Risk vs. Return Landscape
If you would invest 1,467 in MGM China Holdings on August 29, 2024 and sell it today you would lose (23.00) from holding MGM China Holdings or give up 1.57% of portfolio value over 90 days. MGM China Holdings is currently producing 0.0391% returns and takes up 3.5789% volatility of returns over 90 trading days. Put another way, 31% of traded pink sheets are less volatile than MGM, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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MGM China Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for MGM China's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as MGM China Holdings, and traders can use it to determine the average amount a MGM China'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 = 0.0109
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| Negative Returns | MCHVY |
Estimated Market Risk
| 3.58 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average MGM China is not performing at its full potential. However, 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 MGM China by adding MGM China to a well-diversified portfolio.
MGM China Fundamentals Growth
MGM Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of MGM China, and MGM China 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 MGM Pink Sheet performance.
| Return On Equity | -4.32 | |||
| Return On Asset | -0.0595 | |||
| Profit Margin | (0.57) % | |||
| Operating Margin | (0.36) % | |||
| Current Valuation | 7.1 B | |||
| Shares Outstanding | 316.67 M | |||
| Price To Earning | 28.28 X | |||
| Price To Book | 12.14 X | |||
| Price To Sales | 0.52 X | |||
| Revenue | 9.41 B | |||
| EBITDA | (400.2 M) | |||
| Cash And Equivalents | 6.95 B | |||
| Cash Per Share | 21.94 X | |||
| Total Debt | 23.93 B | |||
| Book Value Per Share | (3.74) X | |||
| Cash Flow From Operations | (449.61 M) | |||
| Earnings Per Share | (1.55) X | |||
| Total Asset | 28.44 B | |||
| Retained Earnings | 4.22 B | |||
| Current Asset | 3.91 B | |||
| Current Liabilities | 4.32 B | |||
About MGM China Performance
Evaluating MGM China's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if MGM China 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 MGM China has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
MGM China Holdings Limited, an investment holding company, engages in the development, ownership, and operation of gaming and lodging resorts in the Greater China region. MGM China Holdings Limited is a subsidiary of MGM Resorts International Holdings, Ltd. MGM China is traded on OTC Exchange in the United States.Things to note about MGM China Holdings performance evaluation
Checking the ongoing alerts about MGM China for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for MGM China Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| MGM China Holdings had very high historical volatility over the last 90 days | |
| The company reported the revenue of 9.41 B. Net Loss for the year was (3.85 B) with profit before overhead, payroll, taxes, and interest of 5.56 B. | |
| MGM China Holdings has accumulated about 6.95 B in cash with (449.61 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 21.94, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
- Analyzing MGM China'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 MGM China's stock is overvalued or undervalued compared to its peers.
- Examining MGM China'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 MGM China's management team can have a significant impact on its success or failure. Reviewing the track record and experience of MGM China's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of MGM China's pink sheet. These opinions can provide insight into MGM China's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for MGM Pink Sheet Analysis
When running MGM China's price analysis, check to measure MGM China'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 MGM China is operating at the current time. Most of MGM China's value examination focuses on studying past and present price action to predict the probability of MGM China's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MGM China's price. Additionally, you may evaluate how the addition of MGM China to your portfolios can decrease your overall portfolio volatility.