Ming Yang (China) Market Value

601615 Stock   15.34  0.29  1.86%   
Ming Yang's market value is the price at which a share of Ming Yang trades on a public exchange. It measures the collective expectations of Ming Yang Smart investors about its performance. Ming Yang is trading at 15.34 as of the 27th of October 2025, a 1.86 percent decrease since the beginning of the trading day. The stock's open price was 15.63.
With this module, you can estimate the performance of a buy and hold strategy of Ming Yang Smart and determine expected loss or profit from investing in Ming Yang over a given investment horizon. Check out Ming Yang Correlation, Ming Yang Volatility and Ming Yang Alpha and Beta module to complement your research on Ming Yang.
Symbol

Please note, there is a significant difference between Ming Yang's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ming Yang is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ming Yang'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 Yang '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 Yang'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 Yang.
0.00
07/29/2025
No Change 0.00  0.0 
In 3 months and 1 day
10/27/2025
0.00
If you would invest  0.00  in Ming Yang on July 29, 2025 and sell it all today you would earn a total of 0.00 from holding Ming Yang Smart or generate 0.0% return on investment in Ming Yang over 90 days. Ming Yang is related to or competes with Tus-Sound Environmental, Wuhan Yangtze, Allwin Telecommunicatio, Qiaoyin Environmental, Qingdao Hiron, Eastern Communications, and Grandblue Environment. More

Ming Yang 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 Yang'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 Yang Smart upside and downside potential and time the market with a certain degree of confidence.

Ming Yang Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Ming Yang's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ming Yang's standard deviation. In reality, there are many statistical measures that can use Ming Yang historical prices to predict the future Ming Yang's volatility.
Hype
Prediction
LowEstimatedHigh
12.3315.5718.81
Details
Intrinsic
Valuation
LowRealHigh
14.5117.7520.99
Details
Naive
Forecast
LowNextHigh
10.1313.3716.61
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
14.3216.1217.93
Details

Ming Yang Smart Backtested Returns

Ming Yang appears to be not too volatile, given 3 months investment horizon. Ming Yang Smart has Sharpe Ratio of 0.16, which conveys that the firm had a 0.16 % return per unit of risk over the last 3 months. By analyzing Ming Yang's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please exercise Ming Yang's Risk Adjusted Performance of 0.1116, mean deviation of 2.36, and Downside Deviation of 2.38 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Ming Yang holds a performance score of 12. The company secures a Beta (Market Risk) of -0.86, which conveys possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Ming Yang are expected to decrease slowly. On the other hand, during market turmoil, Ming Yang is expected to outperform it slightly. Please check Ming Yang's downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Ming Yang's current price movements will revert.

Auto-correlation

    
  0.65  

Good predictability

Ming Yang Smart has good predictability. Overlapping area represents the amount of predictability between Ming Yang time series from 29th of July 2025 to 12th of September 2025 and 12th of September 2025 to 27th of October 2025. 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 Yang Smart price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current Ming Yang price fluctuation can be explain by its past prices.
Correlation Coefficient0.65
Spearman Rank Test0.55
Residual Average0.0
Price Variance2.21

Ming Yang Smart lagged returns against current returns

Autocorrelation, which is Ming Yang 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 Yang's stock expected returns. We can calculate the autocorrelation of Ming Yang returns to help us make a trade decision. For example, suppose you find that Ming Yang 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 Yang 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 Yang stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ming Yang stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ming Yang stock over time.
   Current vs Lagged Prices   
       Timeline  

Ming Yang Lagged Returns

When evaluating Ming Yang's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ming Yang stock have on its future price. Ming Yang 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 Yang autocorrelation shows the relationship between Ming Yang stock current value and its past values and can show if there is a momentum factor associated with investing in Ming Yang Smart.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

Other Information on Investing in Ming Stock

Ming Yang financial ratios help investors to determine whether Ming Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ming with respect to the benefits of owning Ming Yang security.