Malpac Holdings (Malaysia) Market Value
| 4936 Stock | 0.84 0.00 0.00% |
| Symbol | Malpac |
Malpac Holdings '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 Malpac Holdings' 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 Malpac Holdings.
| 02/07/2024 |
| 02/01/2025 |
If you would invest 0.00 in Malpac Holdings on February 7, 2024 and sell it all today you would earn a total of 0.00 from holding Malpac Holdings Bhd or generate 0.0% return on investment in Malpac Holdings over 360 days. Malpac Holdings is related to or competes with Ho Hup, CB Industrial, Central Industrial, Eonmetall Group, Alliance Financial, Public Bank, and Star Media. More
Malpac Holdings 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 Malpac Holdings' 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 Malpac Holdings Bhd upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.6 | |||
| Information Ratio | 0.0323 | |||
| Maximum Drawdown | 20.59 | |||
| Value At Risk | (4.55) | |||
| Potential Upside | 5.68 |
Malpac Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Malpac Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Malpac Holdings' standard deviation. In reality, there are many statistical measures that can use Malpac Holdings historical prices to predict the future Malpac Holdings' volatility.| Risk Adjusted Performance | 0.0554 | |||
| Jensen Alpha | 0.1865 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0182 | |||
| Treynor Ratio | (0.75) |
Malpac Holdings Bhd Backtested Returns
Malpac Holdings Bhd has Sharpe Ratio of -0.0542, which conveys that the firm had a -0.0542 % return per unit of risk over the last 3 months. Malpac Holdings exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Malpac Holdings' Risk Adjusted Performance of 0.0554, mean deviation of 1.64, and Downside Deviation of 5.6 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.23, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Malpac Holdings are expected to decrease at a much lower rate. During the bear market, Malpac Holdings is likely to outperform the market. At this point, Malpac Holdings Bhd has a negative expected return of -0.14%. Please make sure to verify Malpac Holdings' semi deviation, variance, jensen alpha, as well as the relationship between the downside deviation and information ratio , to decide if Malpac Holdings Bhd performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.20 |
Weak predictability
Malpac Holdings Bhd has weak predictability. Overlapping area represents the amount of predictability between Malpac Holdings time series from 7th of February 2024 to 5th of August 2024 and 5th of August 2024 to 1st 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 Malpac Holdings Bhd price movement. The serial correlation of 0.2 indicates that over 20.0% of current Malpac Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Malpac Holdings Bhd lagged returns against current returns
Autocorrelation, which is Malpac Holdings 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 Malpac Holdings' stock expected returns. We can calculate the autocorrelation of Malpac Holdings returns to help us make a trade decision. For example, suppose you find that Malpac Holdings 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 |
Malpac Holdings 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 Malpac Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Malpac Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Malpac Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Malpac Holdings Lagged Returns
When evaluating Malpac Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Malpac Holdings stock have on its future price. Malpac Holdings 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, Malpac Holdings autocorrelation shows the relationship between Malpac Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Malpac Holdings Bhd.
Regressed Prices |
| Timeline |
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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 Malpac Stock
Malpac Holdings financial ratios help investors to determine whether Malpac 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 Malpac with respect to the benefits of owning Malpac Holdings security.