Central Industrial (Malaysia) Price on June 16, 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 Downside Deviation of 5.18, risk adjusted performance of 0.0359, and Mean Deviation of 1.28 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.

Sharpe Ratio = -0.1451

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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 June 16, 2023

It is possible to determine the worth of Central Industrial on a given historical date. On June 16, 2023 Central was worth 1.55 at the beginning of the trading date compared to the closed value of 0.38. 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
  1.48    0.38    0.38    0.38    7,283,200  
06/16/2023
  1.55    0.38    0.38    0.38    7,322,000  
  0.38    0.39    0.37    0.38    6,704,400  
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Open Value
1.55
0.38
Closing Value
8.23
Upside

Central Industrial Trading Date Momentum on June 16, 2023

On June 19 2023 Central Industrial Corp was traded for  0.38  at the closing time. The highest price during the trading period was 0.39  and the lowest recorded bid was listed for  0.37 . The volume for the day was 6.7 M. This history from June 19, 2023 did not affect price variability. The overall trading delta to the current price is 2.63% .

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.
A focus of Central Industrial technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Central 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

Central Industrial Period Price Range

Low
November 30, 2024
0.00  NaN%
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.

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.