Mingteng International Stock Performance
| MTEN Stock | 4.38 0.02 0.45% |
Mingteng International holds a performance score of 18 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 0.78, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Mingteng International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mingteng International is expected to be smaller as well. Use Mingteng International expected short fall, and the relationship between the maximum drawdown and rate of daily change , to analyze future returns on Mingteng International.
Risk-Adjusted Performance
18 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Mingteng International are ranked lower than 18 (%) of all global equities and portfolios over the last 90 days. In spite of very weak technical and fundamental indicators, Mingteng International displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (2.67) | Five Day Return (2.67) | Year To Date Return 25.14 | Ten Year Return 25.14 | All Time Return 25.14 |
1 | Stock Market Today Nasdaq, SP 500 Edge Higher Target, Walmart Stocks in Focus Live Updates - The Wall Street Journal | 08/21/2024 |
2 | 2 AI Stocks That Could Create Lasting Generational Wealth - Yahoo Finance | 09/03/2024 |
3 | Mingteng International Shares Rise 11 percent on New Auditor Appointment - MarketWatch | 09/18/2024 |
4 | MTEN Stock Drops 5.43 percent Amid Volatility in the Metal Products Industry | 10/01/2024 |
| Begin Period Cash Flow | 258 K |
Mingteng |
Mingteng International Relative Risk vs. Return Landscape
If you would invest 226.00 in Mingteng International on July 13, 2024 and sell it today you would earn a total of 212.00 from holding Mingteng International or generate 93.81% return on investment over 90 days. Mingteng International is currently generating 1.1621% in daily expected returns and assumes 5.08% risk (volatility on return distribution) over the 90 days horizon. In different words, 45% of stocks are less volatile than Mingteng, and 77% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Mingteng International Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mingteng International's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Mingteng International, and traders can use it to determine the average amount a Mingteng International'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 = 0.2288
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.08 actual daily | 45 55% of assets are more volatile |
Expected Return
| 1.16 actual daily | 23 77% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average Mingteng International is performing at about 18% 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 Mingteng International by adding it to a well-diversified portfolio.
Mingteng International Fundamentals Growth
Mingteng Stock prices reflect investors' perceptions of the future prospects and financial health of Mingteng International, and Mingteng International 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 Mingteng Stock performance.
| Return On Equity | 0.22 | ||||
| Return On Asset | 0.1 | ||||
| Profit Margin | 0.18 % | ||||
| Operating Margin | 0.23 % | ||||
| Current Valuation | 26.57 M | ||||
| Shares Outstanding | 6.21 M | ||||
| Price To Book | 3.67 X | ||||
| Price To Sales | 3.35 X | ||||
| Revenue | 1.15 M | ||||
| EBITDA | 312.8 K | ||||
| Net Income | 212.66 K | ||||
| Total Debt | 39.81 K | ||||
| Book Value Per Share | 1.49 X | ||||
| Cash Flow From Operations | 183.48 K | ||||
| Earnings Per Share | 0.25 X | ||||
| Market Capitalization | 27.31 M | ||||
| Total Asset | 1.51 M | ||||
| Retained Earnings | 911.75 K | ||||
| Working Capital | 3.64 M | ||||
About Mingteng International Performance
By examining Mingteng International's fundamental ratios, stakeholders can obtain critical insights into Mingteng International's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Mingteng International is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 121.06 | 176.04 | |
| Return On Tangible Assets | 0.14 | 0.28 | |
| Return On Capital Employed | 0.23 | 0.22 | |
| Return On Assets | 0.14 | 0.28 | |
| Return On Equity | 0.20 | 0.19 |
Things to note about Mingteng International performance evaluation
Checking the ongoing alerts about Mingteng International for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Mingteng International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Mingteng International is way too risky over 90 days horizon | |
| Mingteng International appears to be risky and price may revert if volatility continues | |
| Mingteng International has a strong financial position based on the latest SEC filings | |
| About 73.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from gurufocus.com: MTEN Stock Drops 5.43 percent Amid Volatility in the Metal Products Industry |
- Analyzing Mingteng International'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 Mingteng International's stock is overvalued or undervalued compared to its peers.
- Examining Mingteng International'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 Mingteng International's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mingteng International's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Mingteng International's stock. These opinions can provide insight into Mingteng International's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mingteng International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. To learn how to invest in Mingteng Stock, please use our How to Invest in Mingteng International guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Automotive Parts & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mingteng International. If investors know Mingteng will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mingteng International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.18) | Earnings Share 0.25 | Revenue Per Share 1.632 | Quarterly Revenue Growth 0.115 | Return On Assets 0.1048 |
The market value of Mingteng International is measured differently than its book value, which is the value of Mingteng that is recorded on the company's balance sheet. Investors also form their own opinion of Mingteng International's value that differs from its market value or its book value, called intrinsic value, which is Mingteng International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mingteng International's market value can be influenced by many factors that don't directly affect Mingteng International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mingteng International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mingteng International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mingteng International'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.