Fitters Diversified (Malaysia) Price on October 22, 2024
| 9318 Stock | 0.04 0.01 12.50% |
If you're considering investing in Fitters Stock, it is important to understand the factors that can impact its price. As of today, the current price of Fitters Diversified stands at 0.04, as last reported on the 29th of November, with the highest price reaching 0.04 and the lowest price hitting 0.04 during the day. Fitters Diversified appears to be out of control, given 3 months investment horizon. Fitters Diversified Bhd secures Sharpe Ratio (or Efficiency) of 0.0709, which denotes the company had a 0.0709% return per unit of risk over the last 3 months. By reviewing Fitters Diversified's technical indicators, you can evaluate if the expected return of 0.72% is justified by implied risk. Please utilize Fitters Diversified's Coefficient Of Variation of 1422.1, mean deviation of 8.22, and Downside Deviation of 12.84 to check if our risk estimates are consistent with your expectations.
Fitters Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Fitters |
Sharpe Ratio = 0.0709
| Best Portfolio | Best Equity | |||
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| Small Returns | 9318 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 10.16 actual daily | 90 90% of assets are less volatile |
Expected Return
| 0.72 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Fitters Diversified is performing at about 5% 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 Fitters Diversified by adding it to a well-diversified portfolio.
Fitters Diversified Valuation on October 22, 2024
It is possible to determine the worth of Fitters Diversified on a given historical date. On October 22, 2024 Fitters was worth 0.035 at the beginning of the trading date compared to the closed value of 0.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fitters Diversified stock. Still, in general, we apply an absolute valuation method to find Fitters Diversified'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 Fitters Diversified where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fitters Diversified's related companies.
| Open | High | Low | Close | Volume | |
| 0.04 | 0.04 | 0.04 | 0.04 | 101,400 | |
10/22/2024 | 0.04 | 0.04 | 0.03 | 0.04 | 2,990,200 |
| 0.04 | 0.04 | 0.04 | 0.04 | 51,600 |
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Fitters Diversified Trading Date Momentum on October 22, 2024
| On October 23 2024 Fitters Diversified Bhd was traded for 0.04 at the closing time. The highest price during the trading period was 0.04 and the lowest recorded bid was listed for 0.04 . The volume for the day was 51.6 K. This history from October 23, 2024 did not affect price variability. The overall trading delta to the current price is 0.00% . |
Fitters Diversified Bhd Fundamentals Correlations and Trends
By evaluating Fitters Diversified'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 Fitters Diversified's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fitters financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Fitters Diversified Stock history
Fitters Diversified 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 Fitters is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fitters Diversified 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 Fitters Diversified stock prices may prove useful in developing a viable investing in Fitters Diversified
Fitters Diversified Stock Technical Analysis
Fitters Diversified 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
Fitters Diversified Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Fitters Diversified 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.
Fitters Diversified November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Fitters Diversified stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fitters Diversified shares will generate the highest return on investment. By undertsting and applying Fitters Diversified stock market strength indicators, traders can identify Fitters Diversified Bhd entry and exit signals to maximize returns
Fitters Diversified Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fitters Diversified's price direction in advance. Along with the technical and fundamental analysis of Fitters Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fitters 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 | 0.0631 | |||
| Jensen Alpha | 0.7447 | |||
| Total Risk Alpha | (0.84) | |||
| Sortino Ratio | 0.0471 | |||
| Treynor Ratio | (3.44) |
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Other Information on Investing in Fitters Stock
Fitters Diversified financial ratios help investors to determine whether Fitters 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 Fitters with respect to the benefits of owning Fitters Diversified security.