Malaysian Resources' market value is the price at which a share of Malaysian Resources trades on a public exchange. It measures the collective expectations of Malaysian Resources investors about its performance. Malaysian Resources is selling for 0.53 as of the 25th of November 2024. This is a 1.92% increase since the beginning of the trading day. The stock's lowest day price was 0.52. With this module, you can estimate the performance of a buy and hold strategy of Malaysian Resources and determine expected loss or profit from investing in Malaysian Resources 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.
Symbol
Malaysian
Malaysian Resources '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 Malaysian Resources' 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 Malaysian Resources.
0.00
02/29/2024
No Change 0.00
0.0
In 8 months and 28 days
11/25/2024
0.00
If you would invest 0.00 in Malaysian Resources on February 29, 2024 and sell it all today you would earn a total of 0.00 from holding Malaysian Resources or generate 0.0% return on investment in Malaysian Resources over 270 days.
Malaysian Resources 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 Malaysian Resources' 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 Malaysian Resources upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Malaysian Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Malaysian Resources' standard deviation. In reality, there are many statistical measures that can use Malaysian Resources historical prices to predict the future Malaysian Resources' volatility.
As of now, Malaysian Stock is abnormally volatile. Malaysian Resources has Sharpe Ratio of 0.0138, which conveys that the firm had a 0.0138% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Malaysian Resources, which you can use to evaluate the volatility of the firm. Please verify Malaysian Resources' Risk Adjusted Performance of (0.01), mean deviation of 2.06, and Standard Deviation of 2.82 to check out if the risk estimate we provide is consistent with the expected return of 0.039%. Malaysian Resources has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.41, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Malaysian Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding Malaysian Resources is expected to be smaller as well. Malaysian Resources right now secures a risk of 2.83%. Please verify Malaysian Resources jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if Malaysian Resources will be following its current price movements.
Auto-correlation
-0.29
Weak reverse predictability
Malaysian Resources has weak reverse predictability. Overlapping area represents the amount of predictability between Malaysian Resources time series from 29th of February 2024 to 13th of July 2024 and 13th of July 2024 to 25th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Malaysian Resources price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current Malaysian Resources price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.29
Spearman Rank Test
-0.16
Residual Average
0.0
Price Variance
0.0
Malaysian Resources lagged returns against current returns
Autocorrelation, which is Malaysian Resources 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 Malaysian Resources' stock expected returns. We can calculate the autocorrelation of Malaysian Resources returns to help us make a trade decision. For example, suppose you find that Malaysian Resources 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
Malaysian Resources 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 Malaysian Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Malaysian Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Malaysian Resources stock over time.
Current vs Lagged Prices
Timeline
Malaysian Resources Lagged Returns
When evaluating Malaysian Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Malaysian Resources stock have on its future price. Malaysian Resources 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, Malaysian Resources autocorrelation shows the relationship between Malaysian Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Malaysian Resources.
Regressed Prices
Timeline
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