Malaysia Steel (Malaysia) Price on July 29, 2024
5098 Stock | 0.30 0.01 3.23% |
If you're considering investing in Malaysia Stock, it is important to understand the factors that can impact its price. As of today, the current price of Malaysia Steel stands at 0.30, as last reported on the 26th of November, with the highest price reaching 0.31 and the lowest price hitting 0.30 during the day. Malaysia Steel Works has Sharpe Ratio of -0.0753, which conveys that the firm had a -0.0753% return per unit of risk over the last 3 months. Malaysia Steel exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Malaysia Steel's Risk Adjusted Performance of (0.06), standard deviation of 1.87, and Mean Deviation of 1.22 to check out the risk estimate we provide.
Malaysia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Malaysia |
Sharpe Ratio = -0.0753
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 5098 |
Estimated Market Risk
1.82 actual daily | 16 84% of assets are more volatile |
Expected Return
-0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Malaysia 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 Malaysia Steel by adding Malaysia Steel to a well-diversified portfolio.
Malaysia Steel Valuation on July 29, 2024
It is possible to determine the worth of Malaysia Steel on a given historical date. On July 29, 2024 Malaysia was worth 0.37 at the beginning of the trading date compared to the closed value of 0.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Malaysia Steel stock. Still, in general, we apply an absolute valuation method to find Malaysia 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 Malaysia Steel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Malaysia Steel's related companies.
Open | High | Low | Close | Volume | |
0.38 | 0.39 | 0.37 | 0.37 | 2,501,900 | |
07/29/2024 | 0.37 | 0.38 | 0.36 | 0.36 | 4,792,200 |
0.36 | 0.38 | 0.36 | 0.37 | 4,765,200 |
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Malaysia Steel Trading Date Momentum on July 29, 2024
On July 30 2024 Malaysia Steel Works was traded for 0.37 at the closing time. The highest price during the trading period was 0.38 and the lowest recorded bid was listed for 0.36 . The volume for the day was 4.8 M. This history from July 30, 2024 contributed to the next trading day price upswing. The daily price change to the next closing price was 2.78% . The trading delta at closing time to the current price is 11.11% . |
Malaysia Steel Works Fundamentals Correlations and Trends
By evaluating Malaysia 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 Malaysia Steel's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Malaysia financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Malaysia Steel Stock history
Malaysia 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 Malaysia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Malaysia Steel Works 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 Malaysia Steel stock prices may prove useful in developing a viable investing in Malaysia Steel
Malaysia Steel Stock Technical Analysis
Malaysia 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
Malaysia Steel Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Malaysia Steel Works 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.
Malaysia Steel November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Malaysia 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 Malaysia Steel shares will generate the highest return on investment. By undertsting and applying Malaysia Steel stock market strength indicators, traders can identify Malaysia Steel Works entry and exit signals to maximize returns
Malaysia Steel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Malaysia Steel's price direction in advance. Along with the technical and fundamental analysis of Malaysia Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Malaysia 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 | (0.06) | |||
Jensen Alpha | (0.17) | |||
Total Risk Alpha | (0.47) | |||
Treynor Ratio | 1.3 |
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Other Information on Investing in Malaysia Stock
Malaysia Steel financial ratios help investors to determine whether Malaysia 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 Malaysia with respect to the benefits of owning Malaysia Steel security.