Southern Steel (Malaysia) Price on September 8, 2023
| 5665 Stock | 0.54 0.02 3.57% |
If you're considering investing in Southern Stock, it is important to understand the factors that can impact its price. As of today, the current price of Southern Steel stands at 0.54, as last reported on the 4th of December, with the highest price reaching 0.54 and the lowest price hitting 0.54 during the day. Southern Steel appears to be abnormally volatile, given 3 months investment horizon. Southern Steel Bhd owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0636, which indicates the firm had a 0.0636% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Southern Steel Bhd, which you can use to evaluate the volatility of the company. Please review Southern Steel's Semi Deviation of 2.49, risk adjusted performance of 0.0332, and Coefficient Of Variation of 2981.88 to confirm if our risk estimates are consistent with your expectations.
Southern Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Southern |
Sharpe Ratio = 0.0636
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 5665 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.23 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 5 95% of assets perform better |
Based on monthly moving average Southern Steel is performing at about 5% 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 Southern Steel by adding it to a well-diversified portfolio.
Southern Steel Valuation on September 8, 2023
It is possible to determine the worth of Southern Steel on a given historical date. On September 8, 2023 Southern was worth 0.59 at the beginning of the trading date compared to the closed value of 0.57. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Southern Steel stock. Still, in general, we apply an absolute valuation method to find Southern 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 Southern Steel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Southern Steel's related companies.
| Open | High | Low | Close | Volume | |
| 0.60 | 0.60 | 0.58 | 0.58 | 46,400 | |
09/08/2023 | 0.59 | 0.59 | 0.57 | 0.57 | 40,400 |
| 0.56 | 0.62 | 0.56 | 0.60 | 9,700 |
| Backtest Southern Steel | | | Southern Steel History | | | Southern Steel Valuation | Previous | Next |
Southern Steel Trading Date Momentum on September 8, 2023
| On September 11 2023 Southern Steel Bhd was traded for 0.60 at the closing time. The highest price during the trading period was 0.62 and the lowest recorded bid was listed for 0.56 . The volume for the day was 9.7 K. This history from September 11, 2023 contributed to the next trading day price upswing. The daily price change to the next closing price was 5.26% . The trading price change to the current price is 3.51% . |
Southern Steel Bhd Fundamentals Correlations and Trends
By evaluating Southern 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 Southern Steel's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Southern financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Southern Steel Stock history
Southern 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 Southern is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Southern Steel 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 Southern Steel stock prices may prove useful in developing a viable investing in Southern Steel
Southern Steel Stock Technical Analysis
Southern 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
Southern Steel Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Southern Steel 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.
Southern Steel December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Southern 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 Southern Steel shares will generate the highest return on investment. By undertsting and applying Southern Steel stock market strength indicators, traders can identify Southern Steel Bhd entry and exit signals to maximize returns
Southern Steel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Southern Steel's price direction in advance. Along with the technical and fundamental analysis of Southern Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Southern 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 | 0.0332 | |||
| Jensen Alpha | 0.052 | |||
| Total Risk Alpha | (0.34) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.2187 |
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| Math Transform | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Southern Stock
Southern Steel financial ratios help investors to determine whether Southern 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 Southern with respect to the benefits of owning Southern Steel security.