CB Industrial (Malaysia) Price on October 23, 2024

7076 Stock   1.34  0.01  0.75%   
If you're considering investing in 7076 Stock, it is important to understand the factors that can impact its price. As of today, the current price of CB Industrial stands at 1.34, as last reported on the 26th of November, with the highest price reaching 1.34 and the lowest price hitting 1.32 during the day. CB Industrial Product retains Efficiency (Sharpe Ratio) of -0.017, which signifies that the company had a -0.017% return per unit of price deviation over the last 3 months. CB Industrial exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CB Industrial's Standard Deviation of 1.54, market risk adjusted performance of (0.39), and Coefficient Of Variation of 2220.17 to double-check the risk estimate we provide.
  
7076 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.017

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns7076

Estimated Market Risk

 1.47
  actual daily
13
87% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average CB Industrial 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 CB Industrial by adding CB Industrial to a well-diversified portfolio.

CB Industrial Valuation on October 23, 2024

It is possible to determine the worth of CB Industrial on a given historical date. On October 23, 2024 7076 was worth 1.29 at the beginning of the trading date compared to the closed value of 1.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CB Industrial stock. Still, in general, we apply an absolute valuation method to find CB Industrial'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 CB Industrial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CB Industrial's related companies.
 Open High Low Close Volume
  1.31    1.31    1.29    1.29    226,600  
10/23/2024
  1.29    1.29    1.28    1.28    8,000  
  1.29    1.31    1.29    1.30    233,300  
Backtest CB Industrial  |  CB Industrial History  |  CB Industrial Valuation   PreviousNext  
Open Value
1.29
1.28
Closing Value
5.70
Upside

CB Industrial Trading Date Momentum on October 23, 2024

On October 24 2024 CB Industrial Product was traded for  1.30  at the closing time. The highest price during the trading period was 1.31  and the lowest recorded bid was listed for  1.29 . The volume for the day was 233.3 K. This history from October 24, 2024 contributed to the next trading day price upswing. The daily price change to the next closing price was 1.56% . The overall trading delta to the current price is 2.34% .

CB Industrial Product Fundamentals Correlations and Trends

By evaluating CB Industrial'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 CB Industrial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 7076 financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About CB Industrial Stock history

CB Industrial 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 7076 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CB Industrial Product 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 CB Industrial stock prices may prove useful in developing a viable investing in CB Industrial

CB Industrial Stock Technical Analysis

CB Industrial 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.
A focus of CB Industrial technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of CB Industrial trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

CB Industrial Period Price Range

Low
November 26, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

CB Industrial Product 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.

CB Industrial November 26, 2024 Market Strength

Market strength indicators help investors to evaluate how CB Industrial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CB Industrial shares will generate the highest return on investment. By undertsting and applying CB Industrial stock market strength indicators, traders can identify CB Industrial Product entry and exit signals to maximize returns

CB Industrial Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for CB Industrial's price direction in advance. Along with the technical and fundamental analysis of 7076 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 7076 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.

Other Information on Investing in 7076 Stock

CB Industrial financial ratios help investors to determine whether 7076 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 7076 with respect to the benefits of owning CB Industrial security.