Aeon Credit (Malaysia) Price on July 11, 2024
5139 Stock | 6.76 0.03 0.44% |
If you're considering investing in Aeon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Aeon Credit stands at 6.76, as last reported on the 29th of November, with the highest price reaching 6.79 and the lowest price hitting 6.75 during the day. Aeon Credit Service secures Sharpe Ratio (or Efficiency) of -0.0533, which signifies that the company had a -0.0533% return per unit of risk over the last 3 months. Aeon Credit Service exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aeon Credit's Mean Deviation of 0.6766, standard deviation of 1.02, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide.
Aeon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Aeon |
Sharpe Ratio = -0.0533
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Negative Returns | 5139 |
Estimated Market Risk
0.96 actual daily | 8 92% of assets are more volatile |
Expected Return
-0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Aeon Credit 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 Aeon Credit by adding Aeon Credit to a well-diversified portfolio.
Aeon Credit Valuation on July 11, 2024
It is possible to determine the worth of Aeon Credit on a given historical date. On July 11, 2024 Aeon was worth 7.12 at the beginning of the trading date compared to the closed value of 7.31. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aeon Credit stock. Still, in general, we apply an absolute valuation method to find Aeon Credit'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 Aeon Credit where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aeon Credit's related companies.
Open | High | Low | Close | Volume | |
7.08 | 7.13 | 7.06 | 7.10 | 251,000 | |
07/11/2024 | 7.12 | 7.33 | 7.09 | 7.31 | 788,500 |
7.31 | 7.33 | 7.20 | 7.30 | 666,600 |
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Aeon Credit Trading Date Momentum on July 11, 2024
On July 12 2024 Aeon Credit Service was traded for 7.30 at the closing time. The highest price during the trading period was 7.33 and the lowest recorded bid was listed for 7.20 . The volume for the day was 666.6 K. This history from July 12, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.14% . The overall trading delta to the current price is 4.38% . |
Aeon Credit Service Fundamentals Correlations and Trends
By evaluating Aeon Credit'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 Aeon Credit's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Aeon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Aeon Credit Stock history
Aeon Credit 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 Aeon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Aeon Credit Service 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 Aeon Credit stock prices may prove useful in developing a viable investing in Aeon Credit
Aeon Credit Stock Technical Analysis
Aeon Credit 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
Aeon Credit Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Aeon Credit Service 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.
Aeon Credit November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Aeon Credit stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Aeon Credit shares will generate the highest return on investment. By undertsting and applying Aeon Credit stock market strength indicators, traders can identify Aeon Credit Service entry and exit signals to maximize returns
Aeon Credit Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Aeon Credit's price direction in advance. Along with the technical and fundamental analysis of Aeon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Aeon 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 | (0.03) | |||
Total Risk Alpha | (0.21) | |||
Treynor Ratio | 0.2963 |
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Other Information on Investing in Aeon Stock
Aeon Credit financial ratios help investors to determine whether Aeon 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 Aeon with respect to the benefits of owning Aeon Credit security.