Meihua International Medical Stock Market Value
| MHUA Stock | USD 0.33 0.01 3.13% |
| Symbol | Meihua |
Meihua International Price To Book Ratio
Is Health Care Equipment & Supplies 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 Meihua International. If investors know Meihua 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 Meihua 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 (0.42) | Earnings Share 0.37 | Revenue Per Share | Quarterly Revenue Growth (0.06) | Return On Assets |
The market value of Meihua International is measured differently than its book value, which is the value of Meihua that is recorded on the company's balance sheet. Investors also form their own opinion of Meihua International's value that differs from its market value or its book value, called intrinsic value, which is Meihua 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 Meihua International's market value can be influenced by many factors that don't directly affect Meihua 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 Meihua International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Meihua International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Meihua 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.
Meihua International '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 Meihua International'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 Meihua International.
| 01/19/2025 |
| 02/18/2025 |
If you would invest 0.00 in Meihua International on January 19, 2025 and sell it all today you would earn a total of 0.00 from holding Meihua International Medical or generate 0.0% return on investment in Meihua International over 30 days. Meihua International is related to or competes with Daxor, InfuSystems Holdings, Repro Med, LeMaitre Vascular, JIN MEDICAL, Sharps Technology, and GlucoTrack. Meihua International Medical Technologies Co., Ltd More
Meihua International 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 Meihua International'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 Meihua International Medical upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 72.35 | |||
| Value At Risk | (11.86) | |||
| Potential Upside | 14.81 |
Meihua International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Meihua International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Meihua International's standard deviation. In reality, there are many statistical measures that can use Meihua International historical prices to predict the future Meihua International's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | (0.13) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Meihua International's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Meihua International Backtested Returns
Meihua International has Sharpe Ratio of -0.0918, which conveys that the firm had a -0.0918 % return per unit of risk over the last 3 months. Meihua International exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Meihua International's Mean Deviation of 5.01, risk adjusted performance of (0.01), and Standard Deviation of 8.74 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 2.18, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Meihua International will likely underperform. At this point, Meihua International has a negative expected return of -0.74%. Please make sure to verify Meihua International's maximum drawdown and the relationship between the kurtosis and period momentum indicator , to decide if Meihua International performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.07 |
Virtually no predictability
Meihua International Medical has virtually no predictability. Overlapping area represents the amount of predictability between Meihua International time series from 19th of January 2025 to 3rd of February 2025 and 3rd of February 2025 to 18th of February 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 Meihua International price movement. The serial correlation of 0.07 indicates that barely 7.0% of current Meihua International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Meihua International lagged returns against current returns
Autocorrelation, which is Meihua International 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 Meihua International's stock expected returns. We can calculate the autocorrelation of Meihua International returns to help us make a trade decision. For example, suppose you find that Meihua International 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 |
Meihua International 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 Meihua International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Meihua International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Meihua International stock over time.
Current vs Lagged Prices |
| Timeline |
Meihua International Lagged Returns
When evaluating Meihua International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Meihua International stock have on its future price. Meihua International 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, Meihua International autocorrelation shows the relationship between Meihua International stock current value and its past values and can show if there is a momentum factor associated with investing in Meihua International Medical.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Meihua International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Meihua International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Meihua International Medical Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Meihua International Medical Stock:Check out Meihua International Correlation, Meihua International Volatility and Meihua International Alpha and Beta module to complement your research on Meihua International. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Meihua International technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.