MyNEWS Holdings (Malaysia) Performance
| 5275 Stock | 0.66 0.02 3.13% |
MyNEWS Holdings has a performance score of 6 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.34, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning MyNEWS Holdings are expected to decrease at a much lower rate. During the bear market, MyNEWS Holdings is likely to outperform the market. myNEWS Holdings Bhd right now secures a risk of 1.61%. Please verify myNEWS Holdings Bhd standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if myNEWS Holdings Bhd will be following its current price movements.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in myNEWS Holdings Bhd are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite quite conflicting basic indicators, MyNEWS Holdings may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
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MyNEWS Holdings Relative Risk vs. Return Landscape
If you would invest 61.00 in myNEWS Holdings Bhd on September 1, 2024 and sell it today you would earn a total of 5.00 from holding myNEWS Holdings Bhd or generate 8.2% return on investment over 90 days. myNEWS Holdings Bhd is generating 0.1377% of daily returns and assumes 1.6057% volatility on return distribution over the 90 days horizon. Simply put, 14% of stocks are less volatile than MyNEWS, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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MyNEWS Holdings Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for MyNEWS Holdings' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as myNEWS Holdings Bhd, and traders can use it to determine the average amount a MyNEWS Holdings' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0857
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| Cash | Small Risk | 5275 | High Risk | Huge Risk |
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Estimated Market Risk
| 1.61 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average MyNEWS Holdings is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of MyNEWS Holdings by adding it to a well-diversified portfolio.
Things to note about myNEWS Holdings Bhd performance evaluation
Checking the ongoing alerts about MyNEWS Holdings for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for myNEWS Holdings Bhd help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| myNEWS Holdings Bhd has some characteristics of a very speculative penny stock |
- Analyzing MyNEWS Holdings' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether MyNEWS Holdings' stock is overvalued or undervalued compared to its peers.
- Examining MyNEWS Holdings' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating MyNEWS Holdings' management team can have a significant impact on its success or failure. Reviewing the track record and experience of MyNEWS Holdings' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of MyNEWS Holdings' stock. These opinions can provide insight into MyNEWS Holdings' potential for growth and whether the stock is currently undervalued or overvalued.