Daya Materials (Malaysia) Market Value
| 0091 Stock | 0.10 0.02 16.67% |
| Symbol | Daya |
Daya Materials 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Daya Materials' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Daya Materials.
| 01/03/2025 |
| 02/02/2025 |
If you would invest 0.00 in Daya Materials on January 3, 2025 and sell it all today you would earn a total of 0.00 from holding Daya Materials Bhd or generate 0.0% return on investment in Daya Materials over 30 days. Daya Materials is related to or competes with Carlsberg Brewery, Eonmetall Group, Supercomnet Technologies, Al Aqar, Uchi Technologies, and Kobay Tech. More
Daya Materials Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Daya Materials' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Daya Materials Bhd upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 28.33 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 9.09 |
Daya Materials Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Daya Materials' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Daya Materials' standard deviation. In reality, there are many statistical measures that can use Daya Materials historical prices to predict the future Daya Materials' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.59) | |||
| Treynor Ratio | 0.3145 |
Daya Materials Bhd Backtested Returns
Daya Materials Bhd secures Sharpe Ratio (or Efficiency) of -0.0281, which denotes the company had a -0.0281 % return per unit of risk over the last 3 months. Daya Materials Bhd exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Daya Materials' Mean Deviation of 2.78, variance of 29.6, and Standard Deviation of 5.44 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.45, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Daya Materials are expected to decrease at a much lower rate. During the bear market, Daya Materials is likely to outperform the market. At this point, Daya Materials Bhd has a negative expected return of -0.15%. Please make sure to confirm Daya Materials' treynor ratio, skewness, and the relationship between the total risk alpha and potential upside , to decide if Daya Materials Bhd performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Daya Materials Bhd has no correlation between past and present. Overlapping area represents the amount of predictability between Daya Materials time series from 3rd of January 2025 to 18th of January 2025 and 18th of January 2025 to 2nd of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Daya Materials Bhd price movement. The serial correlation of 0.0 indicates that just 0.0% of current Daya Materials price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Daya Materials Bhd lagged returns against current returns
Autocorrelation, which is Daya Materials stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Daya Materials' stock expected returns. We can calculate the autocorrelation of Daya Materials returns to help us make a trade decision. For example, suppose you find that Daya Materials has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Daya Materials regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Daya Materials stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Daya Materials stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Daya Materials stock over time.
Current vs Lagged Prices |
| Timeline |
Daya Materials Lagged Returns
When evaluating Daya Materials' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Daya Materials stock have on its future price. Daya Materials autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Daya Materials autocorrelation shows the relationship between Daya Materials stock current value and its past values and can show if there is a momentum factor associated with investing in Daya Materials Bhd.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Daya Stock
Daya Materials financial ratios help investors to determine whether Daya 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 Daya with respect to the benefits of owning Daya Materials security.