Hartalega Holdings (Malaysia) Price on November 7, 2024
| 5168 Stock | 3.52 0.03 0.86% |
If you're considering investing in Hartalega Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hartalega Holdings stands at 3.52, as last reported on the 1st of December, with the highest price reaching 3.54 and the lowest price hitting 3.47 during the day. Hartalega Holdings appears to be very risky, given 3 months investment horizon. Hartalega Holdings Bhd holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14% return per unit of risk over the last 3 months. By evaluating Hartalega Holdings' technical indicators, you can evaluate if the expected return of 0.64% is justified by implied risk. Please utilize Hartalega Holdings' Downside Deviation of 2.76, risk adjusted performance of 0.1173, and Market Risk Adjusted Performance of (1.28) to validate if our risk estimates are consistent with your expectations.
Hartalega Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hartalega |
Sharpe Ratio = 0.145
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 5168 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.42 actual daily | 39 61% of assets are more volatile |
Expected Return
| 0.64 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Hartalega Holdings is performing at about 11% of its full potential. 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 Hartalega Holdings by adding it to a well-diversified portfolio.
Hartalega Holdings Valuation on November 7, 2024
It is possible to determine the worth of Hartalega Holdings on a given historical date. On November 7, 2024 Hartalega was worth 3.45 at the beginning of the trading date compared to the closed value of 3.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hartalega Holdings stock. Still, in general, we apply an absolute valuation method to find Hartalega Holdings' 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 Hartalega Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hartalega Holdings' related companies.
| Open | High | Low | Close | Volume | |
| 3.29 | 3.47 | 3.28 | 3.43 | 12,067,000 | |
11/07/2024 | 3.45 | 3.47 | 3.21 | 3.33 | 16,933,000 |
| 3.32 | 3.32 | 3.26 | 3.28 | 2,136,500 |
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Hartalega Holdings Trading Date Momentum on November 7, 2024
| On November 08 2024 Hartalega Holdings Bhd was traded for 3.28 at the closing time. The highest price during the trading period was 3.32 and the lowest recorded bid was listed for 3.26 . The volume for the day was 2.1 M. This history from November 8, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.50% . The trading delta at closing time to the current price is 1.50% . |
Hartalega Holdings Bhd Fundamentals Correlations and Trends
By evaluating Hartalega Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Hartalega Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hartalega financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hartalega Holdings Stock history
Hartalega Holdings 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 Hartalega is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hartalega Holdings 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 Hartalega Holdings stock prices may prove useful in developing a viable investing in Hartalega Holdings
Hartalega Holdings Stock Technical Analysis
Hartalega Holdings 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
Hartalega Holdings Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Hartalega Holdings 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.
Hartalega Holdings December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Hartalega Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hartalega Holdings shares will generate the highest return on investment. By undertsting and applying Hartalega Holdings stock market strength indicators, traders can identify Hartalega Holdings Bhd entry and exit signals to maximize returns
Hartalega Holdings Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hartalega Holdings' price direction in advance. Along with the technical and fundamental analysis of Hartalega Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hartalega 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 | 0.1173 | |||
| Jensen Alpha | 0.6718 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.1755 | |||
| Treynor Ratio | (1.29) |
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Other Information on Investing in Hartalega Stock
Hartalega Holdings financial ratios help investors to determine whether Hartalega 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 Hartalega with respect to the benefits of owning Hartalega Holdings security.