Dagang Nexchange (Malaysia) Price on March 1, 2024
4456 Stock | 0.35 0.01 2.78% |
If you're considering investing in Dagang Stock, it is important to understand the factors that can impact its price. As of today, the current price of Dagang Nexchange stands at 0.35, as last reported on the 26th of November, with the highest price reaching 0.36 and the lowest price hitting 0.35 during the day. Dagang Nexchange Bhd secures Sharpe Ratio (or Efficiency) of -0.0224, which denotes the company had a -0.0224% return per unit of risk over the last 3 months. Dagang Nexchange Bhd exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dagang Nexchange's Variance of 6.55, mean deviation of 1.65, and Standard Deviation of 2.56 to check the risk estimate we provide.
Dagang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Dagang |
Sharpe Ratio = -0.0224
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Negative Returns | 4456 |
Estimated Market Risk
2.5 actual daily | 22 78% of assets are more volatile |
Expected Return
-0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Dagang Nexchange 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 Dagang Nexchange by adding Dagang Nexchange to a well-diversified portfolio.
Dagang Nexchange Valuation on March 1, 2024
It is possible to determine the worth of Dagang Nexchange on a given historical date. On March 1, 2024 Dagang was worth 0.35 at the beginning of the trading date compared to the closed value of 0.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dagang Nexchange stock. Still, in general, we apply an absolute valuation method to find Dagang Nexchange'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 Dagang Nexchange where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dagang Nexchange's related companies.
Open | High | Low | Close | Volume | |
0.36 | 0.37 | 0.36 | 0.36 | 10,295,400 | |
03/01/2024 | 0.35 | 0.35 | 0.34 | 0.35 | 24,177,200 |
0.35 | 0.35 | 0.34 | 0.34 | 10,470,400 |
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Dagang Nexchange Trading Date Momentum on March 1, 2024
On March 04 2024 Dagang Nexchange Bhd was traded for 0.34 at the closing time. The highest price during the trading period was 0.35 and the lowest recorded bid was listed for 0.34 . The volume for the day was 10.5 M. This history from March 4, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.86% . The overall trading delta to the current price is 2.86% . |
Dagang Nexchange Bhd Fundamentals Correlations and Trends
By evaluating Dagang Nexchange'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 Dagang Nexchange's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dagang financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Dagang Nexchange Stock history
Dagang Nexchange 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 Dagang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dagang Nexchange 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 Dagang Nexchange stock prices may prove useful in developing a viable investing in Dagang Nexchange
Dagang Nexchange Stock Technical Analysis
Dagang Nexchange 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
Dagang Nexchange Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Dagang Nexchange 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.
Dagang Nexchange November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Dagang Nexchange stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dagang Nexchange shares will generate the highest return on investment. By undertsting and applying Dagang Nexchange stock market strength indicators, traders can identify Dagang Nexchange Bhd entry and exit signals to maximize returns
Dagang Nexchange Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dagang Nexchange's price direction in advance. Along with the technical and fundamental analysis of Dagang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dagang 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 | (0.23) | |||
Total Risk Alpha | (0.54) | |||
Treynor Ratio | (0.18) |
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Other Information on Investing in Dagang Stock
Dagang Nexchange financial ratios help investors to determine whether Dagang 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 Dagang with respect to the benefits of owning Dagang Nexchange security.