Supermax Bhd (Malaysia) Price on December 8, 2023
| 7106 Stock | 0.84 0.03 3.45% |
If you're considering investing in Supermax Stock, it is important to understand the factors that can impact its price. As of today, the current price of Supermax Bhd stands at 0.84, as last reported on the 2nd of December, with the highest price reaching 0.86 and the lowest price hitting 0.84 during the day. As of now, Supermax Stock is dangerous. Supermax Bhd owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0334, which indicates the firm had a 0.0334% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Supermax Bhd, which you can use to evaluate the volatility of the company. Please validate Supermax Bhd's Semi Deviation of 1.6, coefficient of variation of 3847.24, and Risk Adjusted Performance of 0.0272 to confirm if the risk estimate we provide is consistent with the expected return of 0.0952%.
Supermax Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Supermax |
Sharpe Ratio = 0.0334
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| Cash | Small Risk | 7106 | High Risk | Huge Risk |
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Estimated Market Risk
| 2.85 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Supermax Bhd is performing at about 2% 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 Supermax Bhd by adding it to a well-diversified portfolio.
Supermax Bhd Valuation on December 8, 2023
It is possible to determine the worth of Supermax Bhd on a given historical date. On December 8, 2023 Supermax was worth 0.9 at the beginning of the trading date compared to the closed value of 0.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Supermax Bhd stock. Still, in general, we apply an absolute valuation method to find Supermax Bhd'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 Supermax Bhd where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Supermax Bhd's related companies.
| Open | High | Low | Close | Volume | |
| 0.92 | 0.92 | 0.89 | 0.90 | 7,302,300 | |
12/08/2023 | 0.90 | 0.91 | 0.89 | 0.90 | 5,338,800 |
| 0.91 | 0.92 | 0.91 | 0.91 | 5,069,300 |
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Supermax Bhd Trading Date Momentum on December 8, 2023
| On December 11 2023 Supermax Bhd was traded for 0.91 at the closing time. The highest price during the trading period was 0.92 and the lowest recorded bid was listed for 0.91 . The volume for the day was 5.1 M. This history from December 11, 2023 contributed to the next trading day price upswing. The daily price change to the next closing price was 1.11% . The trading price change to the current price is 4.44% . |
Supermax Bhd Fundamentals Correlations and Trends
By evaluating Supermax Bhd'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 Supermax Bhd's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Supermax financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Supermax Bhd Stock history
Supermax Bhd 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 Supermax is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Supermax 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 Supermax Bhd stock prices may prove useful in developing a viable investing in Supermax Bhd
Supermax Bhd Stock Technical Analysis
Supermax Bhd 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
Supermax Bhd Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Supermax 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.
Supermax Bhd December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Supermax Bhd stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Supermax Bhd shares will generate the highest return on investment. By undertsting and applying Supermax Bhd stock market strength indicators, traders can identify Supermax Bhd entry and exit signals to maximize returns
Supermax Bhd Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Supermax Bhd's price direction in advance. Along with the technical and fundamental analysis of Supermax Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Supermax 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 | 0.0272 | |||
| Jensen Alpha | 0.1075 | |||
| Total Risk Alpha | (0.41) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.18) |
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Other Information on Investing in Supermax Stock
Supermax Bhd financial ratios help investors to determine whether Supermax 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 Supermax with respect to the benefits of owning Supermax Bhd security.