Petronas Gas Berhad Stock Price on July 15, 2024
| PNAGF Stock | USD 4.00 0.00 0.00% |
If you're considering investing in PETRONAS Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of PETRONAS Gas stands at 4.00, as last reported on the 2nd of December, with the highest price reaching 4.00 and the lowest price hitting 4.00 during the day. At this point, PETRONAS Gas is not too volatile. PETRONAS Gas Berhad maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the firm had a 0.13% return per unit of standard deviation over the last 3 months. We have found sixteen technical indicators for PETRONAS Gas Berhad, which you can use to evaluate the volatility of the company. Please check PETRONAS Gas' Market Risk Adjusted Performance of (0.37), risk adjusted performance of 0.0909, and Coefficient Of Variation of 800.0 to confirm if the risk estimate we provide is consistent with the expected return of 0.0651%.
PETRONAS Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
PETRONAS |
Sharpe Ratio = 0.125
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | PNAGF | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.52 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average PETRONAS Gas is performing at about 9% 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 PETRONAS Gas by adding it to a well-diversified portfolio.
PETRONAS Gas Valuation on July 15, 2024
It is possible to determine the worth of PETRONAS Gas on a given historical date. On July 15, 2024 PETRONAS was worth 3.88 at the beginning of the trading date compared to the closed value of 3.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PETRONAS Gas pink sheet. Still, in general, we apply an absolute valuation method to find PETRONAS Gas' 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 PETRONAS Gas where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PETRONAS Gas' related companies.
| Open | High | Low | Close | Volume | |
| 3.88 | 3.88 | 3.88 | 3.88 | 1.00 | |
07/15/2024 | 3.88 | 3.88 | 3.88 | 3.88 | 1.00 |
| 3.88 | 3.88 | 3.88 | 3.88 | 1.00 |
| Backtest PETRONAS Gas | | | PETRONAS Gas History | | | PETRONAS Gas Valuation | Previous | Next |
PETRONAS Gas Trading Date Momentum on July 15, 2024
| On July 16 2024 PETRONAS Gas Berhad was traded for 3.88 at the closing time. The highest daily price throughout the period was 3.88 and the lowest price was 3.88 . There was no trading activity during the period 1.0. Lack of trading volume on 07/16/2024 did not cause price change. The trading delta at closing time to current closing price is 0.52% . |
PETRONAS Gas Berhad Fundamentals Correlations and Trends
By evaluating PETRONAS Gas' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among PETRONAS Gas' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. PETRONAS financial account trend analysis is a perfect complement when working with valuation or volatility modules.About PETRONAS Gas Pink Sheet history
PETRONAS Gas 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 PETRONAS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PETRONAS Gas 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 PETRONAS Gas stock prices may prove useful in developing a viable investing in PETRONAS Gas
PETRONAS Gas Berhad operates as a gas infrastructure and utilities company in Malaysia. PETRONAS Gas Berhad is a subsidiary of Petroliam Nasional Berhad. Petronas Gas operates under UtilitiesRegulated Gas classification in the United States and is traded on OTC Exchange.
PETRONAS Gas Pink Sheet Technical Analysis
PETRONAS Gas 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
PETRONAS Gas Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
PETRONAS Gas 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.
PETRONAS Gas December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how PETRONAS Gas 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 PETRONAS Gas shares will generate the highest return on investment. By undertsting and applying PETRONAS Gas pink sheet market strength indicators, traders can identify PETRONAS Gas Berhad entry and exit signals to maximize returns
PETRONAS Gas Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PETRONAS Gas' price direction in advance. Along with the technical and fundamental analysis of PETRONAS Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of PETRONAS 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 | 0.0909 | |||
| Jensen Alpha | 0.0737 | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | (0.38) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for PETRONAS Pink Sheet analysis
When running PETRONAS Gas' price analysis, check to measure PETRONAS Gas' 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 PETRONAS Gas is operating at the current time. Most of PETRONAS Gas' value examination focuses on studying past and present price action to predict the probability of PETRONAS Gas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PETRONAS Gas' price. Additionally, you may evaluate how the addition of PETRONAS Gas to your portfolios can decrease your overall portfolio volatility.
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |