JAKS Resources (Malaysia) Price on November 28, 2024
4723 Stock | 0.13 0.01 7.14% |
If you're considering investing in JAKS Stock, it is important to understand the factors that can impact its price. As of today, the current price of JAKS Resources stands at 0.13, as last reported on the 11th of December 2024, with the highest price reaching 0.14 and the lowest price hitting 0.13 during the day. JAKS Resources Bhd holds Efficiency (Sharpe) Ratio of -0.0064, which attests that the company had a -0.0064% return per unit of risk over the last 3 months. JAKS Resources Bhd exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out JAKS Resources' semi deviation of 3.01, and Downside Deviation of 7.48 to validate the risk estimate we provide.
JAKS Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
JAKS |
Sharpe Ratio = -0.0064
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Negative Returns | 4723 |
Estimated Market Risk
4.28 actual daily | 38 62% of assets are more volatile |
Expected Return
-0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average JAKS Resources 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 JAKS Resources by adding JAKS Resources to a well-diversified portfolio.
JAKS Resources Valuation on November 28, 2024
It is possible to determine the worth of JAKS Resources on a given historical date. On November 28, 2024 JAKS was worth 0.13 at the beginning of the trading date compared to the closed value of 0.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of JAKS Resources stock. Still, in general, we apply an absolute valuation method to find JAKS Resources' 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 JAKS Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against JAKS Resources' related companies.
Open | High | Low | Close | Volume | |
0.13 | 0.13 | 0.13 | 0.13 | 4,411,900 | |
11/28/2024 | 0.13 | 0.14 | 0.13 | 0.14 | 3,036,200 |
0.14 | 0.14 | 0.13 | 0.14 | 10,636,500 |
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JAKS Resources Trading Date Momentum on November 28, 2024
On November 29 2024 JAKS Resources Bhd was traded for 0.14 at the closing time. The highest price during the trading period was 0.14 and the lowest recorded bid was listed for 0.13 . The volume for the day was 10.6 M. This history from November 29, 2024 did not cause price change. The trading delta at closing time to the current price is 7.14% . |
JAKS Resources Bhd Fundamentals Correlations and Trends
By evaluating JAKS Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among JAKS Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. JAKS financial account trend analysis is a perfect complement when working with valuation or volatility modules.About JAKS Resources Stock history
JAKS Resources 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 JAKS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in JAKS Resources 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 JAKS Resources stock prices may prove useful in developing a viable investing in JAKS Resources
JAKS Resources Stock Technical Analysis
JAKS Resources 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
JAKS Resources Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
JAKS Resources 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.
JAKS Resources December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how JAKS Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading JAKS Resources shares will generate the highest return on investment. By undertsting and applying JAKS Resources stock market strength indicators, traders can identify JAKS Resources Bhd entry and exit signals to maximize returns
JAKS Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for JAKS Resources' price direction in advance. Along with the technical and fundamental analysis of JAKS Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of JAKS 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 | 0.0227 | |||
Jensen Alpha | 0.0814 | |||
Total Risk Alpha | (0.58) | |||
Sortino Ratio | (0.01) | |||
Treynor Ratio | (0.90) |
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Other Information on Investing in JAKS Stock
JAKS Resources financial ratios help investors to determine whether JAKS 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 JAKS with respect to the benefits of owning JAKS Resources security.