Mgm China Holdings Stock Today
| MCHVF Stock | USD 1.67 0.13 7.22% |
Performance8 of 100
| Odds Of DistressLess than 41
|
MGM China is trading at 1.67 as of the 19th of April 2024. This is a -7.22% down since the beginning of the trading day. The stock's lowest day price was 1.67. MGM China has about a 41 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for MGM China Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
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. The company has 3.8 B outstanding shares. More on MGM China Holdings
Moving against MGM Pink Sheet
| 0.71 | WISA | WiSA Technologies Trending | PairCorr |
| 0.51 | GIGNY | Genting Singapore PLC | PairCorr |
| 0.5 | GIGNF | Genting Singapore | PairCorr |
Follow Valuation Odds of Bankruptcy
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MGM Pink Sheet Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. MGM China's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding MGM China or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Grant Bowie |
| Business Concentration | Resorts & Casinos, Consumer Cyclical (View all Sectors) |
MGM China Holdings [MCHVF] is a Pink Sheet which is traded between brokers as part of OTC trading. The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.09 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate MGM China's market, we take the total number of its shares issued and multiply it by MGM China's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. MGM China Holdings classifies itself under Consumer Cyclical sector and is part of Resorts & Casinos industry. The entity has 3.8 B outstanding shares.
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 1.83, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check MGM China Probability Of Bankruptcy
Ownership AllocationMGM China Holdings maintains a total of 3.8 Billion outstanding shares. MGM China Holdings secures majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 78.43 % of MGM China Holdings outstanding shares that are owned by insiders conveys that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check MGM Ownership Details
MGM Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of MGM China jumping above the current price in 90 days from now is about 11.75%. The MGM China Holdings probability density function shows the probability of MGM China pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon MGM China Holdings has a beta of -0.8646. This indicates Additionally, mGM China Holdings has an alpha of 0.4389, implying that it can generate a 0.44 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of MGM China to move above the current price in 90 days from now is about 11.75 (This MGM China Holdings probability density function shows the probability of MGM Pink Sheet to fall within a particular range of prices over 90 days) .
MGM China Holdings Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing 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. Although MGM China's alpha and beta are two of the key measurements used to evaluate MGM China's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.68 | |||
| Semi Deviation | 2.56 | |||
| Standard Deviation | 3.63 | |||
| Variance | 13.2 |
MGM Stock Against Markets
Picking the right benchmark for MGM China pink sheet is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in MGM China pink sheet price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for MGM China is critical whether you are bullish or bearish towards MGM China Holdings at a given time. Please also check how MGM China's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in MGM China without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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MGM China Corporate Directors
MGM China corporate directors refer to members of a MGM China board of directors. The board of directors generally takes responsibility for the MGM China's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of MGM China's board members must vote for the resolution. The MGM China board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Kenneth Rosevear | Non-Executive Director | Profile | |
| Man Wong | Non-Executive Independent Director | Profile | |
| Russell Banham | Independent Non-Executive Director | Profile | |
| Daniel Arrigo | Non-Executive Director | Profile |
How to buy MGM Pink Sheet?
Before investing in MGM China, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in MGM China. To buy MGM China stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of MGM China. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase MGM China stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located MGM China Holdings stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased MGM China Holdings stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as MGM China Holdings, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in MGM China Holdings?
The danger of trading MGM China Holdings is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of MGM China is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than MGM China. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile MGM China Holdings is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MGM China Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary 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.
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