Malayan Banking (Malaysia) Price on June 21, 2023

1155 Stock   10.20  0.02  0.20%   
If you're considering investing in Malayan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Malayan Banking stands at 10.20, as last reported on the 1st of December, with the highest price reaching 10.22 and the lowest price hitting 10.16 during the day. Malayan Banking Bhd has Sharpe Ratio of -0.0595, which conveys that the firm had a -0.0595% return per unit of risk over the last 3 months. Malayan Banking exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Malayan Banking's Standard Deviation of 0.6791, risk adjusted performance of (0.06), and Mean Deviation of 0.5336 to check out the risk estimate we provide.
  
Malayan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0595

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Estimated Market Risk

 0.65
  actual daily
5
95% of assets are more volatile

Expected Return

 -0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average Malayan Banking 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 Malayan Banking by adding Malayan Banking to a well-diversified portfolio.

Malayan Banking Valuation on June 21, 2023

It is possible to determine the worth of Malayan Banking on a given historical date. On June 21, 2023 Malayan was worth 7.9 at the beginning of the trading date compared to the closed value of 7.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Malayan Banking stock. Still, in general, we apply an absolute valuation method to find Malayan Banking'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 Malayan Banking where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Malayan Banking's related companies.
 Open High Low Close Volume
  7.90    7.90    7.86    7.90    6,681,500  
06/21/2023
  7.90    7.99    7.88    7.98    4,738,400  
  7.97    8.02    7.97    7.99    8,575,800  
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Open Value
7.9
7.98
Closing Value
9.85
Upside

Malayan Banking Trading Date Momentum on June 21, 2023

On June 22 2023 Malayan Banking Bhd was traded for  7.99  at the closing time. The highest price during the trading period was 8.02  and the lowest recorded bid was listed for  7.97 . The volume for the day was 8.6 M. This history from June 22, 2023 contributed to the next trading day price upswing. The daily price change to the next closing price was 0.13% . The trading delta at closing time to the current price is 1.00% .

Malayan Banking Bhd Fundamentals Correlations and Trends

By evaluating Malayan Banking'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 Malayan Banking's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Malayan financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Malayan Banking Stock history

Malayan Banking 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 Malayan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Malayan Banking 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 Malayan Banking stock prices may prove useful in developing a viable investing in Malayan Banking

Malayan Banking Stock Technical Analysis

Malayan Banking 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.
A focus of Malayan Banking technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Malayan Banking trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Malayan Banking Period Price Range

Low
December 1, 2024
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High

 0.00 

     

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Malayan Banking 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.

Malayan Banking December 1, 2024 Market Strength

Market strength indicators help investors to evaluate how Malayan Banking stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Malayan Banking shares will generate the highest return on investment. By undertsting and applying Malayan Banking stock market strength indicators, traders can identify Malayan Banking Bhd entry and exit signals to maximize returns

Malayan Banking Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Malayan Banking's price direction in advance. Along with the technical and fundamental analysis of Malayan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Malayan 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.

Other Information on Investing in Malayan Stock

Malayan Banking financial ratios help investors to determine whether Malayan 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 Malayan with respect to the benefits of owning Malayan Banking security.