Sungei Bagan (Malaysia) Market Value
| 2569 Stock | 5.74 0.03 0.52% |
| Symbol | Sungei |
Sungei Bagan '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 Sungei Bagan'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 Sungei Bagan.
| 01/01/2025 |
| 01/31/2025 |
If you would invest 0.00 in Sungei Bagan on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Sungei Bagan Rubber or generate 0.0% return on investment in Sungei Bagan over 30 days. Sungei Bagan is related to or competes with Rubberex M, Central Industrial, Berjaya Food, Mercury Industries, and Apollo Food. More
Sungei Bagan 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 Sungei Bagan'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 Sungei Bagan Rubber upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 5.02 | |||
| Value At Risk | (1.67) | |||
| Potential Upside | 1.65 |
Sungei Bagan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sungei Bagan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sungei Bagan's standard deviation. In reality, there are many statistical measures that can use Sungei Bagan historical prices to predict the future Sungei Bagan's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | 0.6571 |
Sungei Bagan Rubber Backtested Returns
Sungei Bagan Rubber owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0509, which indicates the firm had a -0.0509 % return per unit of risk over the last 3 months. Sungei Bagan Rubber exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sungei Bagan's Risk Adjusted Performance of (0.05), variance of 0.9256, and Coefficient Of Variation of (1,674) to confirm the risk estimate we provide. The entity has a beta of -0.1, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sungei Bagan are expected to decrease at a much lower rate. During the bear market, Sungei Bagan is likely to outperform the market. At this point, Sungei Bagan Rubber has a negative expected return of -0.0488%. Please make sure to validate Sungei Bagan's standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Sungei Bagan Rubber performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.81 |
Very good predictability
Sungei Bagan Rubber has very good predictability. Overlapping area represents the amount of predictability between Sungei Bagan time series from 1st of January 2025 to 16th of January 2025 and 16th of January 2025 to 31st of January 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 Sungei Bagan Rubber price movement. The serial correlation of 0.81 indicates that around 81.0% of current Sungei Bagan price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Sungei Bagan Rubber lagged returns against current returns
Autocorrelation, which is Sungei Bagan 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 Sungei Bagan's stock expected returns. We can calculate the autocorrelation of Sungei Bagan returns to help us make a trade decision. For example, suppose you find that Sungei Bagan 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 |
Sungei Bagan 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 Sungei Bagan stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sungei Bagan stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sungei Bagan stock over time.
Current vs Lagged Prices |
| Timeline |
Sungei Bagan Lagged Returns
When evaluating Sungei Bagan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sungei Bagan stock have on its future price. Sungei Bagan 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, Sungei Bagan autocorrelation shows the relationship between Sungei Bagan stock current value and its past values and can show if there is a momentum factor associated with investing in Sungei Bagan Rubber.
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 Sungei Stock
Sungei Bagan financial ratios help investors to determine whether Sungei 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 Sungei with respect to the benefits of owning Sungei Bagan security.