Kobay Tech (Malaysia) Performance
| 6971 Stock | 1.26 0.02 1.56% |
The company secures a Beta (Market Risk) of -0.37, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Kobay Tech are expected to decrease at a much lower rate. During the bear market, Kobay Tech is likely to outperform the market. At this point, Kobay Tech Bhd has a negative expected return of -0.6%. Please make sure to verify Kobay Tech's standard deviation, jensen alpha, and the relationship between the coefficient of variation and information ratio , to decide if Kobay Tech Bhd performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Kobay Tech Bhd has generated negative risk-adjusted returns adding no value to investors with long positions. Despite conflicting performance in the last few months, the Stock's basic indicators remain quite persistent which may send shares a bit higher in December 2024. The latest mess may also be a sign of long-standing up-swing for the company institutional investors. ...more
| Begin Period Cash Flow | 43 M | |
| Total Cashflows From Investing Activities | -125.4 M |
Kobay |
Kobay Tech Relative Risk vs. Return Landscape
If you would invest 191.00 in Kobay Tech Bhd on August 24, 2024 and sell it today you would lose (65.00) from holding Kobay Tech Bhd or give up 34.03% of portfolio value over 90 days. Kobay Tech Bhd is generating negative expected returns and assumes 3.5636% volatility on return distribution over the 90 days horizon. Simply put, 31% of stocks are less volatile than Kobay, and 99% 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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Kobay Tech Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kobay Tech's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Kobay Tech Bhd, and traders can use it to determine the average amount a Kobay Tech's 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 = -0.1674
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| Negative Returns | 6971 |
Estimated Market Risk
| 3.56 actual daily | 31 69% of assets are more volatile |
Expected Return
| -0.6 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Kobay Tech is not performing at its full potential. However, 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 Kobay Tech by adding Kobay Tech to a well-diversified portfolio.
Kobay Tech Fundamentals Growth
Kobay Stock prices reflect investors' perceptions of the future prospects and financial health of Kobay Tech, and Kobay Tech fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Kobay Stock performance.
| Return On Equity | 17.6 | |||
| Current Valuation | 984.45 M | |||
| Price To Book | 2.62 X | |||
| Price To Sales | 2.60 X | |||
| Revenue | 354.18 M | |||
| EBITDA | 85.99 M | |||
| Cash And Equivalents | 73.68 M | |||
| Total Debt | 38.76 M | |||
| Cash Flow From Operations | 21.96 M | |||
| Total Asset | 568.71 M | |||
About Kobay Tech Performance
By examining Kobay Tech's fundamental ratios, stakeholders can obtain critical insights into Kobay Tech's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Kobay Tech is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Things to note about Kobay Tech Bhd performance evaluation
Checking the ongoing alerts about Kobay Tech for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Kobay Tech Bhd help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Kobay Tech Bhd generated a negative expected return over the last 90 days | |
| Kobay Tech Bhd may become a speculative penny stock | |
| Kobay Tech Bhd has high historical volatility and very poor performance |
- Analyzing Kobay Tech's 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 Kobay Tech's stock is overvalued or undervalued compared to its peers.
- Examining Kobay Tech's 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 Kobay Tech's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Kobay Tech's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Kobay Tech's stock. These opinions can provide insight into Kobay Tech's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Kobay Stock
Kobay Tech financial ratios help investors to determine whether Kobay 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 Kobay with respect to the benefits of owning Kobay Tech security.