ViTrox Bhd (Malaysia) Price on October 21, 2024
| 0097 Stock | 3.28 0.05 1.50% |
If you're considering investing in ViTrox Stock, it is important to understand the factors that can impact its price. As of today, the current price of ViTrox Bhd stands at 3.28, as last reported on the 29th of November, with the highest price reaching 3.32 and the lowest price hitting 3.28 during the day. ViTrox Bhd owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0316, which indicates the firm had a -0.0316% return per unit of risk over the last 3 months. ViTrox Bhd exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate ViTrox Bhd's Risk Adjusted Performance of (0.03), variance of 8.23, and Coefficient Of Variation of (2,252) to confirm the risk estimate we provide.
ViTrox Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ViTrox |
Sharpe Ratio = -0.0316
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| Negative Returns | 0097 |
Estimated Market Risk
| 2.93 actual daily | 26 74% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ViTrox Bhd is not performing at its full potential. However, 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 ViTrox Bhd by adding ViTrox Bhd to a well-diversified portfolio.
ViTrox Bhd Valuation on October 21, 2024
It is possible to determine the worth of ViTrox Bhd on a given historical date. On October 21, 2024 ViTrox was worth 3.52 at the beginning of the trading date compared to the closed value of 3.56. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ViTrox Bhd stock. Still, in general, we apply an absolute valuation method to find ViTrox Bhd's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of ViTrox Bhd where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ViTrox Bhd's related companies.
| Open | High | Low | Close | Volume | |
| 3.48 | 3.53 | 3.44 | 3.47 | 296,900 | |
10/21/2024 | 3.52 | 3.58 | 3.49 | 3.56 | 741,100 |
| 3.56 | 3.65 | 3.56 | 3.63 | 1,621,600 |
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ViTrox Bhd Trading Date Momentum on October 21, 2024
| On October 22 2024 ViTrox Bhd was traded for 3.63 at the closing time. The highest price during the trading period was 3.65 and the lowest recorded bid was listed for 3.56 . The volume for the day was 1.6 M. This history from October 22, 2024 contributed to the next trading day price upswing. The daily price change to the next closing price was 1.97% . The trading price change to the current price is 8.71% . |
ViTrox Bhd Fundamentals Correlations and Trends
By evaluating ViTrox Bhd's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ViTrox Bhd's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ViTrox financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ViTrox Bhd Stock history
ViTrox Bhd investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for ViTrox is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ViTrox Bhd will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing ViTrox Bhd stock prices may prove useful in developing a viable investing in ViTrox Bhd
ViTrox Bhd Stock Technical Analysis
ViTrox Bhd 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.
Price Boundaries
ViTrox Bhd Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
ViTrox Bhd cannot be verified against its exchange. Please verify the symbol is currently traded on Kuala Lumpur Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
ViTrox Bhd November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how ViTrox Bhd stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ViTrox Bhd shares will generate the highest return on investment. By undertsting and applying ViTrox Bhd stock market strength indicators, traders can identify ViTrox Bhd entry and exit signals to maximize returns
ViTrox Bhd Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ViTrox Bhd's price direction in advance. Along with the technical and fundamental analysis of ViTrox Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ViTrox to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.57) | |||
| Treynor Ratio | (0.14) |
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Other Information on Investing in ViTrox Stock
ViTrox Bhd financial ratios help investors to determine whether ViTrox 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 ViTrox with respect to the benefits of owning ViTrox Bhd security.