Mgm China Holdings Stock Alpha and Beta Analysis
| MCHVY Stock | USD 14.44 0.04 0.28% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as MGM China Holdings. It also helps investors analyze the systematic and unsystematic risks associated with investing in MGM China over a specified time horizon. Remember, high MGM China's 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 MGM China's market risk premium analysis include:
Beta (0.16) | Alpha (0.02) | Risk 3.58 | Sharpe Ratio 0.0109 | Expected Return 0.0391 |
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.
MGM |
MGM China Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. MGM China market risk premium is the additional return an investor will receive from holding MGM China 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 MGM China. 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 MGM China's performance over market.| α | -0.02 | β | -0.16 |
MGM China 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 MGM China's Buy-and-hold return. Our buy-and-hold chart shows how MGM China performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.MGM China Market Price Analysis
Market price analysis indicators help investors to evaluate how MGM China pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MGM China shares will generate the highest return on investment. By understating and applying MGM China pink sheet market price indicators, traders can identify MGM China position entry and exit signals to maximize returns.
MGM China Return and Market Media
The median price of MGM China for the period between Thu, Aug 29, 2024 and Wed, Nov 27, 2024 is 15.81 with a coefficient of variation of 7.61. The daily time series for the period is distributed with a sample standard deviation of 1.23, arithmetic mean of 16.12, and mean deviation of 0.89. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
| Timeline |
About MGM China 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 MGM or other pink sheets. Alpha measures the amount that position in MGM China Holdings 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards MGM China in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, MGM China's short interest history, or implied volatility extrapolated from MGM China options trading.
Build Portfolio with MGM China
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
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.