Central Industrial (Malaysia) Price on May 24, 2023
8052 Stock | 0.85 0.01 1.16% |
If you're considering investing in Central Stock, it is important to understand the factors that can impact its price. As of today, the current price of Central Industrial stands at 0.85, as last reported on the 30th of November, with the highest price reaching 0.86 and the lowest price hitting 0.85 during the day. Central Industrial Corp secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the company had a -0.15% return per unit of risk over the last 3 months. Central Industrial Corp exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Central Industrial's Mean Deviation of 1.28, downside deviation of 5.18, and Risk Adjusted Performance of 0.0359 to double-check the risk estimate we provide.
Central Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Central |
Sharpe Ratio = -0.1451
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 8052 |
Estimated Market Risk
2.23 actual daily | 19 81% of assets are more volatile |
Expected Return
-0.32 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Central 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 Central Industrial by adding Central Industrial to a well-diversified portfolio.
Central Industrial Valuation on May 24, 2023
It is possible to determine the worth of Central Industrial on a given historical date. On May 24, 2023 Central was worth 1.24 at the beginning of the trading date compared to the closed value of 0.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Central Industrial stock. Still, in general, we apply an absolute valuation method to find Central 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 Central Industrial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Central Industrial's related companies.
Open | High | Low | Close | Volume | |
1.24 | 0.32 | 0.32 | 0.32 | 3,940,000 | |
05/24/2023 | 1.24 | 0.32 | 0.32 | 0.32 | 5,121,200 |
1.27 | 0.34 | 0.34 | 0.34 | 10,396,400 |
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Central Industrial Trading Date Momentum on May 24, 2023
On May 25 2023 Central Industrial Corp was traded for 0.34 at the closing time. The highest price during the trading period was 0.34 and the lowest recorded bid was listed for 0.34 . The volume for the day was 10.4 M. This history from May 25, 2023 contributed to the next trading day price upswing. The daily price change to the next closing price was 6.25% . The overall trading delta to the current price is 353.12% . |
Central Industrial Corp Fundamentals Correlations and Trends
By evaluating Central 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 Central Industrial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Central financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Central Industrial Stock history
Central 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 Central is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Central Industrial Corp 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 Central Industrial stock prices may prove useful in developing a viable investing in Central Industrial
Central Industrial Stock Technical Analysis
Central 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.
Price Boundaries
Central Industrial Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Central Industrial Corp 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.
Central Industrial November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Central 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 Central Industrial shares will generate the highest return on investment. By undertsting and applying Central Industrial stock market strength indicators, traders can identify Central Industrial Corp entry and exit signals to maximize returns
Central Industrial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Central Industrial's price direction in advance. Along with the technical and fundamental analysis of Central Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Central 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 | 0.0359 | |||
Jensen Alpha | 0.1204 | |||
Total Risk Alpha | (0.59) | |||
Sortino Ratio | 0.0042 | |||
Treynor Ratio | 0.6598 |
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Volume Indicators |
Other Information on Investing in Central Stock
Central Industrial financial ratios help investors to determine whether Central 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 Central with respect to the benefits of owning Central Industrial security.