Airasia Group Berhad Stock Price on May 2, 2023
| AIABF Stock | USD 0.20 0.02 11.11% |
If you're considering investing in AirAsia Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of AirAsia Group stands at 0.20, as last reported on the 27th of November, with the highest price reaching 0.20 and the lowest price hitting 0.20 during the day. AirAsia Group appears to be out of control, given 3 months investment horizon. AirAsia Group Berhad secures Sharpe Ratio (or Efficiency) of 0.0415, which signifies that the company had a 0.0415% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for AirAsia Group Berhad, which you can use to evaluate the volatility of the firm. Please makes use of AirAsia Group's Mean Deviation of 2.32, risk adjusted performance of 0.0395, and Downside Deviation of 12.56 to double-check if our risk estimates are consistent with your expectations.
AirAsia Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
AirAsia |
Sharpe Ratio = 0.0415
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | AIABF | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.17 actual daily | 46 54% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average AirAsia Group is performing at about 3% 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 AirAsia Group by adding it to a well-diversified portfolio.
AirAsia Group Valuation on May 2, 2023
It is possible to determine the worth of AirAsia Group on a given historical date. On May 2, 2023 AirAsia was worth 0.14 at the beginning of the trading date compared to the closed value of 0.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AirAsia Group pink sheet. Still, in general, we apply an absolute valuation method to find AirAsia Group'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 AirAsia Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AirAsia Group's related companies.
| Open | High | Low | Close | Volume | |
| 0.14 | 0.14 | 0.14 | 0.14 | 1.00 | |
05/02/2023 | 0.14 | 0.14 | 0.14 | 0.14 | 1.00 |
| 0.15 | 0.15 | 0.15 | 0.15 | 13,900 |
| Backtest AirAsia Group | | | AirAsia Group History | | | AirAsia Group Valuation | Previous | Next |
AirAsia Group Trading Date Momentum on May 2, 2023
| On May 03 2023 AirAsia Group Berhad was traded for 0.15 at the closing time. The highest daily price throughout the period was 0.15 and the lowest price was 0.15 . The daily volume was 13.9 K. The net trading volume on 05/03/2023 added to the next day price rise. The overall trading delta to closing price of the next trading day was 7.14% . The overall trading delta to current closing price is 14.29% . |
AirAsia Group Berhad Fundamentals Correlations and Trends
By evaluating AirAsia Group'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 AirAsia Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. AirAsia financial account trend analysis is a perfect complement when working with valuation or volatility modules.About AirAsia Group Pink Sheet history
AirAsia Group 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 AirAsia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AirAsia Group Berhad 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 AirAsia Group stock prices may prove useful in developing a viable investing in AirAsia Group
Capital A Berhad, an investment holding company, provides air transportation services in Malaysia, Indonesia, the Philippines, and internationally under the AirAsia brand. Capital A Berhad was founded in 2001 and is headquartered in Kuala Lumpur, Malaysia. Capital A operates under Airlines classification in the United States and is traded on OTC Exchange. It employs 14778 people.
AirAsia Group Pink Sheet Technical Analysis
AirAsia Group technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
AirAsia Group Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
AirAsia Group Berhad cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
AirAsia Group November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how AirAsia Group pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AirAsia Group shares will generate the highest return on investment. By undertsting and applying AirAsia Group pink sheet market strength indicators, traders can identify AirAsia Group Berhad entry and exit signals to maximize returns
AirAsia Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AirAsia Group's price direction in advance. Along with the technical and fundamental analysis of AirAsia Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of AirAsia 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 | 0.0395 | |||
| Jensen Alpha | 0.2851 | |||
| Total Risk Alpha | (0.59) | |||
| Sortino Ratio | 0.0061 | |||
| Treynor Ratio | (0.26) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for AirAsia Pink Sheet analysis
When running AirAsia Group's price analysis, check to measure AirAsia Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AirAsia Group is operating at the current time. Most of AirAsia Group's value examination focuses on studying past and present price action to predict the probability of AirAsia Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AirAsia Group's price. Additionally, you may evaluate how the addition of AirAsia Group to your portfolios can decrease your overall portfolio volatility.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Stocks Directory Find actively traded stocks across global markets |