DRB Hicom (Malaysia) Price on November 21, 2024
| 1619 Stock | 0.77 0.03 3.75% |
If you're considering investing in DRB Stock, it is important to understand the factors that can impact its price. As of today, the current price of DRB Hicom stands at 0.77, as last reported on the 27th of February, with the highest price reaching 0.80 and the lowest price hitting 0.77 during the day. DRB Hicom retains Efficiency (Sharpe Ratio) of -0.19, which denotes the company had a -0.19 % return per unit of risk over the last 3 months. DRB Hicom exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DRB Hicom's Variance of 4.98, market risk adjusted performance of (0.69), and Standard Deviation of 2.23 to check the risk estimate we provide.
DRB Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
DRB |
Sharpe Ratio = -0.1917
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 1619 |
Estimated Market Risk
| 2.34 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.45 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average DRB Hicom 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 DRB Hicom by adding DRB Hicom to a well-diversified portfolio.
DRB Hicom Valuation on November 21, 2024
It is possible to determine the worth of DRB Hicom on a given historical date. On November 21, 2024 DRB was worth 1.02 at the beginning of the trading date compared to the closed value of 1.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of DRB Hicom stock. Still, in general, we apply an absolute valuation method to find DRB Hicom'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 DRB Hicom where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against DRB Hicom's related companies.
| Open | High | Low | Close | Volume | |
| 1.02 | 1.03 | 1.02 | 1.02 | 1,187,400 | |
11/21/2024 | 1.02 | 1.02 | 0.98 | 1.00 | 4,584,300 |
| 0.99 | 1.00 | 0.96 | 1.00 | 2,238,900 |
| Backtest DRB Hicom | | | DRB Hicom History | Previous | Next |
DRB Hicom Trading Date Momentum on November 21, 2024
| On November 22 2024 DRB Hicom was traded for 1.00 at the closing time. The highest price during the trading period was 1.00 and the lowest recorded bid was listed for 0.96 . The volume for the day was 2.2 M. This history from November 22, 2024 did not affect price variability. The overall trading delta to the current price is 3.00% . |
Price Boundaries
DRB Hicom Period Price Range
Low | February 27, 2025
| High |
0.00 | 0.00 |
DRB Hicom 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.
DRB Hicom February 27, 2025 Market Strength
Market strength indicators help investors to evaluate how DRB Hicom stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DRB Hicom shares will generate the highest return on investment. By undertsting and applying DRB Hicom stock market strength indicators, traders can identify DRB Hicom entry and exit signals to maximize returns
DRB Hicom Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for DRB Hicom's price direction in advance. Along with the technical and fundamental analysis of DRB Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of DRB 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.