Eco World (Malaysia) Price on November 19, 2024
| 8206 Stock | 1.82 0.02 1.09% |
If you're considering investing in Eco Stock, it is important to understand the factors that can impact its price. As of today, the current price of Eco World stands at 1.82, as last reported on the 29th of November, with the highest price reaching 1.86 and the lowest price hitting 1.81 during the day. Eco World appears to be risky, given 3 months investment horizon. Eco World Develop secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the company had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Eco World Develop, which you can use to evaluate the volatility of the firm. Please utilize Eco World's Mean Deviation of 1.97, downside deviation of 2.46, and Coefficient Of Variation of 901.89 to check if our risk estimates are consistent with your expectations.
Eco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Eco |
Sharpe Ratio = 0.1295
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 8206 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.33 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Eco World is performing at about 10% 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 Eco World by adding it to a well-diversified portfolio.
Eco World Valuation on November 19, 2024
It is possible to determine the worth of Eco World on a given historical date. On November 19, 2024 Eco was worth 1.81 at the beginning of the trading date compared to the closed value of 1.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Eco World stock. Still, in general, we apply an absolute valuation method to find Eco World'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 Eco World where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Eco World's related companies.
| Open | High | Low | Close | Volume | |
| 1.79 | 1.83 | 1.79 | 1.80 | 2,235,500 | |
11/19/2024 | 1.81 | 1.82 | 1.78 | 1.81 | 1,725,500 |
| 1.80 | 1.84 | 1.80 | 1.83 | 7,799,700 |
| Backtest Eco World | | | Eco World History | | | Eco World Valuation | Previous | Next |
Eco World Trading Date Momentum on November 19, 2024
| On November 20 2024 Eco World Develop was traded for 1.83 at the closing time. The highest price during the trading period was 1.84 and the lowest recorded bid was listed for 1.80 . The volume for the day was 7.8 M. This history from November 20, 2024 contributed to the next trading day price upswing. The daily price change to the next closing price was 1.10% . The overall trading delta to the current price is 1.66% . |
Eco World Develop Fundamentals Correlations and Trends
By evaluating Eco World'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 Eco World's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Eco financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Eco World Stock history
Eco World 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 Eco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Eco World Develop 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 Eco World stock prices may prove useful in developing a viable investing in Eco World
Eco World Stock Technical Analysis
Eco World 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
Eco World Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Eco World Develop 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.
Eco World November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Eco World stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eco World shares will generate the highest return on investment. By undertsting and applying Eco World stock market strength indicators, traders can identify Eco World Develop entry and exit signals to maximize returns
Eco World Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Eco World's price direction in advance. Along with the technical and fundamental analysis of Eco Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Eco 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 | 0.0921 | |||
| Jensen Alpha | 0.2756 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0703 | |||
| Treynor Ratio | 2.57 |
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| Volume Indicators |
Other Information on Investing in Eco Stock
Eco World financial ratios help investors to determine whether Eco 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 Eco with respect to the benefits of owning Eco World security.