Malaysia Airport (Malaysia) Market Value
| 5014 Stock | 10.60 0.06 0.56% |
| Symbol | Malaysia |
Malaysia Airport '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 Malaysia Airport'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 Malaysia Airport.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Malaysia Airport on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Malaysia Airport Holdings or generate 0.0% return on investment in Malaysia Airport over 720 days. Malaysia Airport is related to or competes with Malayan Banking, K One, Shangri La, Ho Hup, and Tex Cycle. More
Malaysia Airport 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 Malaysia Airport'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 Malaysia Airport Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8086 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 4.5 | |||
| Value At Risk | (1.34) | |||
| Potential Upside | 2.14 |
Malaysia Airport Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Malaysia Airport's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Malaysia Airport's standard deviation. In reality, there are many statistical measures that can use Malaysia Airport historical prices to predict the future Malaysia Airport's volatility.| Risk Adjusted Performance | 0.0724 | |||
| Jensen Alpha | 0.0745 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 4.94 |
Malaysia Airport Holdings Backtested Returns
As of now, Malaysia Stock is very steady. Malaysia Airport Holdings has Sharpe Ratio of 0.072, which conveys that the firm had a 0.072% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Malaysia Airport, which you can use to evaluate the volatility of the firm. Please verify Malaysia Airport's Mean Deviation of 0.6337, risk adjusted performance of 0.0724, and Downside Deviation of 0.8086 to check out if the risk estimate we provide is consistent with the expected return of 0.0682%. Malaysia Airport has a performance score of 5 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.0154, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Malaysia Airport's returns are expected to increase less than the market. However, during the bear market, the loss of holding Malaysia Airport is expected to be smaller as well. Malaysia Airport Holdings right now secures a risk of 0.95%. Please verify Malaysia Airport Holdings semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to decide if Malaysia Airport Holdings will be following its current price movements.
Auto-correlation | 0.62 |
Good predictability
Malaysia Airport Holdings has good predictability. Overlapping area represents the amount of predictability between Malaysia Airport time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd 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 Malaysia Airport Holdings price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Malaysia Airport price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 1.4 |
Malaysia Airport Holdings lagged returns against current returns
Autocorrelation, which is Malaysia Airport 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 Malaysia Airport's stock expected returns. We can calculate the autocorrelation of Malaysia Airport returns to help us make a trade decision. For example, suppose you find that Malaysia Airport 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 |
Malaysia Airport 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 Malaysia Airport stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Malaysia Airport stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Malaysia Airport stock over time.
Current vs Lagged Prices |
| Timeline |
Malaysia Airport Lagged Returns
When evaluating Malaysia Airport's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Malaysia Airport stock have on its future price. Malaysia Airport 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, Malaysia Airport autocorrelation shows the relationship between Malaysia Airport stock current value and its past values and can show if there is a momentum factor associated with investing in Malaysia Airport Holdings.
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 Malaysia Stock
Malaysia Airport financial ratios help investors to determine whether Malaysia 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 Malaysia with respect to the benefits of owning Malaysia Airport security.