Steel Hawk (Malaysia) Market Value

0320 Stock   0.42  0.03  6.67%   
Steel Hawk's market value is the price at which a share of Steel Hawk trades on a public exchange. It measures the collective expectations of Steel Hawk Berhad investors about its performance. Steel Hawk is selling for 0.42 as of the 28th of February 2025. This is a 6.67 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.41.
With this module, you can estimate the performance of a buy and hold strategy of Steel Hawk Berhad and determine expected loss or profit from investing in Steel Hawk over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
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Steel Hawk '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 Steel Hawk's 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 Steel Hawk.
0.00
01/29/2025
No Change 0.00  0.0 
In 31 days
02/28/2025
0.00
If you would invest  0.00  in Steel Hawk on January 29, 2025 and sell it all today you would earn a total of 0.00 from holding Steel Hawk Berhad or generate 0.0% return on investment in Steel Hawk over 30 days.

Steel Hawk 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 Steel Hawk's 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 Steel Hawk Berhad upside and downside potential and time the market with a certain degree of confidence.

Steel Hawk Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Steel Hawk's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Steel Hawk's standard deviation. In reality, there are many statistical measures that can use Steel Hawk historical prices to predict the future Steel Hawk's volatility.

Steel Hawk Berhad Backtested Returns

Steel Hawk Berhad owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0641, which indicates the firm had a -0.0641 % return per unit of risk over the last 3 months. Steel Hawk Berhad exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Steel Hawk's Risk Adjusted Performance of (0.03), variance of 6.68, and Coefficient Of Variation of (1,879) to confirm the risk estimate we provide. The entity has a beta of 0.27, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Steel Hawk's returns are expected to increase less than the market. However, during the bear market, the loss of holding Steel Hawk is expected to be smaller as well. At this point, Steel Hawk Berhad has a negative expected return of -0.16%. Please make sure to validate Steel Hawk's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Steel Hawk Berhad performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.32  

Poor reverse predictability

Steel Hawk Berhad has poor reverse predictability. Overlapping area represents the amount of predictability between Steel Hawk time series from 29th of January 2025 to 13th of February 2025 and 13th of February 2025 to 28th 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 Steel Hawk Berhad price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current Steel Hawk price fluctuation can be explain by its past prices.
Correlation Coefficient-0.32
Spearman Rank Test-0.18
Residual Average0.0
Price Variance0.0
Steel ReturnsSteel Lagged ReturnsDiversified AwaySteel ReturnsSteel Lagged ReturnsDiversified Away100%

Steel Hawk Berhad lagged returns against current returns

Autocorrelation, which is Steel Hawk 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 Steel Hawk's stock expected returns. We can calculate the autocorrelation of Steel Hawk returns to help us make a trade decision. For example, suppose you find that Steel Hawk 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   
JavaScript chart by amCharts 3.21.15Feb 13Feb 15Feb 17Feb 19Feb 21Feb 23Feb 25Feb 27-10%-8%-6%-4%-2%0%2%4%
JavaScript chart by amCharts 3.21.15Volume Lagged Volume Prices Lagged Prices
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Steel Hawk 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 Steel Hawk stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Steel Hawk stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Steel Hawk stock over time.
   Current vs Lagged Prices   
JavaScript chart by amCharts 3.21.15Feb 13Feb 15Feb 17Feb 19Feb 21Feb 23Feb 25Feb 270.420.430.440.450.460.47
JavaScript chart by amCharts 3.21.15Regression Prices Lagged Regression Prices
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Steel Hawk Lagged Returns

When evaluating Steel Hawk's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Steel Hawk stock have on its future price. Steel Hawk 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, Steel Hawk autocorrelation shows the relationship between Steel Hawk stock current value and its past values and can show if there is a momentum factor associated with investing in Steel Hawk Berhad.
   Regressed Prices   
JavaScript chart by amCharts 3.21.15Jan 31FebFeb 08Feb 12Feb 16Feb 20Feb 24Feb 280.420.430.440.450.460.470.48
JavaScript chart by amCharts 3.21.15Lagged Returns Returns
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