Microport Scientific Stock Today
| MCRPF Stock | USD 0.70 0.10 12.50% |
Performance0 of 100
| Odds Of DistressLess than 16
|
MicroPort Scientific is trading at 0.7 as of the 19th of April 2024. This is a -12.5 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.7. MicroPort Scientific has less than a 16 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for MicroPort Scientific 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.
MicroPort Scientific Corporation, an investment holding company, manufactures, and markets, and distributes medical devices in the Peoples Republic of China, North America, Europe, other Asian countries, South America, and internationally. MicroPort Scientific Corporation was founded in 1998 and is headquartered in Shanghai, the Peoples Republic of China. The company has 1.82 B outstanding shares. More on MicroPort Scientific
Follow Valuation Odds of Bankruptcy
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MicroPort 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. MicroPort Scientific's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding MicroPort Scientific or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Zhaohua Chang |
| Business Concentration | Medical Devices, Healthcare (View all Sectors) |
MicroPort Scientific [MCRPF] 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 5.74 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate MicroPort Scientific's market, we take the total number of its shares issued and multiply it by MicroPort Scientific'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. MicroPort Scientific classifies itself under Healthcare sector and is part of Medical Devices industry. The entity has 1.82 B outstanding shares.
MicroPort Scientific has accumulated about 1.45 B in cash with (257.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.8, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check MicroPort Scientific Probability Of Bankruptcy
Ownership AllocationMicroPort Scientific maintains a total of 1.82 Billion outstanding shares. MicroPort Scientific holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. 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 MicroPort Ownership Details
MicroPort Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of MicroPort Scientific jumping above the current price in 90 days from now is close to 99%. The MicroPort Scientific probability density function shows the probability of MicroPort Scientific pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon MicroPort Scientific has a beta of 0.6971. This indicates as returns on the market go up, MicroPort Scientific average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding MicroPort Scientific will be expected to be much smaller as well. Additionally, microPort Scientific has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of MicroPort Scientific to move above the current price in 90 days from now is close to 99 (This MicroPort Scientific probability density function shows the probability of MicroPort Pink Sheet to fall within a particular range of prices over 90 days) .
MicroPort Scientific Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. MicroPort Scientific market risk premium is the additional return an investor will receive from holding MicroPort Scientific 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 MicroPort Scientific. 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 MicroPort Scientific's alpha and beta are two of the key measurements used to evaluate MicroPort Scientific's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.82 | |||
| Standard Deviation | 4.15 | |||
| Variance | 17.25 | |||
| Risk Adjusted Performance | (0.04) |
MicroPort Stock Against Markets
Picking the right benchmark for MicroPort Scientific 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 MicroPort Scientific 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 MicroPort Scientific is critical whether you are bullish or bearish towards MicroPort Scientific at a given time. Please also check how MicroPort Scientific'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 MicroPort Scientific 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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| All Next | Launch Module |
MicroPort Scientific Corporate Directors
MicroPort Scientific corporate directors refer to members of a MicroPort Scientific board of directors. The board of directors generally takes responsibility for the MicroPort Scientific'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 MicroPort Scientific's board members must vote for the resolution. The MicroPort Scientific board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Zezhao Hua | Independent Non-Executive Director | Profile | |
| Jonathan Chou | Independent Non-Executive Director | Profile | |
| Hiroshi Shirafuji | Non-Executive Director | Profile | |
| Junyuan Feng | Non-Executive Director | Profile |
How to buy MicroPort Pink Sheet?
Before investing in MicroPort Scientific, 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 MicroPort Scientific. To buy MicroPort Scientific stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of MicroPort Scientific. 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 MicroPort Scientific stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located MicroPort Scientific 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 MicroPort Scientific 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 MicroPort Scientific, 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 MicroPort Scientific?
The danger of trading MicroPort Scientific 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 MicroPort Scientific 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 MicroPort Scientific. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile MicroPort Scientific 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 MicroPort Scientific. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for MicroPort Pink Sheet analysis
When running MicroPort Scientific's price analysis, check to measure MicroPort Scientific'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 MicroPort Scientific is operating at the current time. Most of MicroPort Scientific's value examination focuses on studying past and present price action to predict the probability of MicroPort Scientific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MicroPort Scientific's price. Additionally, you may evaluate how the addition of MicroPort Scientific to your portfolios can decrease your overall portfolio volatility.
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