CSC Steel (Malaysia) Price on October 11, 2024
5094 Stock | 1.17 0.01 0.85% |
If you're considering investing in CSC Stock, it is important to understand the factors that can impact its price. As of today, the current price of CSC Steel stands at 1.17, as last reported on the 29th of November, with the highest price reaching 1.19 and the lowest price hitting 1.17 during the day. CSC Steel Holdings retains Efficiency (Sharpe Ratio) of -0.0903, which signifies that the company had a -0.0903% return per unit of risk over the last 3 months. CSC Steel exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CSC Steel's variance of 0.9741, and Market Risk Adjusted Performance of (0.67) to double-check the risk estimate we provide.
CSC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
CSC |
Sharpe Ratio = -0.0903
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Negative Returns | 5094 |
Estimated Market Risk
0.98 actual daily | 8 92% of assets are more volatile |
Expected Return
-0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CSC Steel 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 CSC Steel by adding CSC Steel to a well-diversified portfolio.
CSC Steel Valuation on October 11, 2024
It is possible to determine the worth of CSC Steel on a given historical date. On October 11, 2024 CSC was worth 1.17 at the beginning of the trading date compared to the closed value of 1.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CSC Steel stock. Still, in general, we apply an absolute valuation method to find CSC Steel'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 CSC Steel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CSC Steel's related companies.
Open | High | Low | Close | Volume | |
1.18 | 1.19 | 1.17 | 1.17 | 142,600 | |
10/11/2024 | 1.17 | 1.20 | 1.17 | 1.19 | 238,100 |
1.20 | 1.20 | 1.16 | 1.18 | 74,200 |
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CSC Steel Trading Date Momentum on October 11, 2024
On October 14 2024 CSC Steel Holdings was traded for 1.18 at the closing time. The highest price during the trading period was 1.20 and the lowest recorded bid was listed for 1.16 . The volume for the day was 74.2 K. This history from October 14, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.84% . The overall trading delta to the current price is 0.84% . |
CSC Steel Holdings Fundamentals Correlations and Trends
By evaluating CSC Steel'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 CSC Steel's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CSC financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CSC Steel Stock history
CSC Steel 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 CSC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CSC Steel Holdings 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 CSC Steel stock prices may prove useful in developing a viable investing in CSC Steel
CSC Steel Stock Technical Analysis
CSC Steel 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
CSC Steel Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
CSC Steel 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.
CSC Steel November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how CSC Steel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CSC Steel shares will generate the highest return on investment. By undertsting and applying CSC Steel stock market strength indicators, traders can identify CSC Steel Holdings entry and exit signals to maximize returns
CSC Steel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CSC Steel's price direction in advance. Along with the technical and fundamental analysis of CSC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CSC 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 | (0.04) | |||
Jensen Alpha | (0.08) | |||
Total Risk Alpha | (0.22) | |||
Treynor Ratio | (0.68) |
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Other Information on Investing in CSC Stock
CSC Steel financial ratios help investors to determine whether CSC 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 CSC with respect to the benefits of owning CSC Steel security.