Silver Ridge (Malaysia) Price on October 21, 2024
| 0129 Stock | 0.62 0.01 1.64% |
If you're considering investing in Silver Stock, it is important to understand the factors that can impact its price. As of today, the current price of Silver Ridge stands at 0.62, as last reported on the 29th of November, with the highest price reaching 0.63 and the lowest price hitting 0.61 during the day. Silver Ridge appears to be extremely dangerous, given 3 months investment horizon. Silver Ridge Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.34, which indicates the firm had a 0.34% return per unit of risk over the last 3 months. By inspecting Silver Ridge's technical indicators, you can evaluate if the expected return of 0.82% is justified by implied risk. Please review Silver Ridge's Risk Adjusted Performance of 0.2277, semi deviation of 2.19, and Coefficient Of Variation of 347.16 to confirm if our risk estimates are consistent with your expectations.
Silver Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Silver |
Sharpe Ratio = 0.3372
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 0129 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.44 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.82 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.34 actual daily | 26 74% of assets perform better |
Based on monthly moving average Silver Ridge is performing at about 26% 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 Silver Ridge by adding it to a well-diversified portfolio.
Silver Ridge Valuation on October 21, 2024
It is possible to determine the worth of Silver Ridge on a given historical date. On October 21, 2024 Silver was worth 0.43 at the beginning of the trading date compared to the closed value of 0.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Silver Ridge stock. Still, in general, we apply an absolute valuation method to find Silver Ridge'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 Silver Ridge where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Silver Ridge's related companies.
| Open | High | Low | Close | Volume | |
| 0.44 | 0.44 | 0.42 | 0.42 | 2,529,900 | |
10/21/2024 | 0.43 | 0.44 | 0.43 | 0.43 | 5,865,900 |
| 0.43 | 0.44 | 0.43 | 0.44 | 8,581,300 |
| Backtest Silver Ridge | | | Silver Ridge History | Previous | Next |
Silver Ridge Trading Date Momentum on October 21, 2024
| On October 22 2024 Silver Ridge Holdings was traded for 0.44 at the closing time. The highest price during the trading period was 0.44 and the lowest recorded bid was listed for 0.43 . The volume for the day was 8.6 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 2.33% . The trading price change to the current price is 11.63% . |
Price Boundaries
Silver Ridge Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Silver Ridge Holdings 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.
Silver Ridge November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Silver Ridge stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Silver Ridge shares will generate the highest return on investment. By undertsting and applying Silver Ridge stock market strength indicators, traders can identify Silver Ridge Holdings entry and exit signals to maximize returns
Silver Ridge Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Silver Ridge's price direction in advance. Along with the technical and fundamental analysis of Silver Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Silver 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.