Maxis Berhad Stock Volatility
| MAXSF Stock | USD 0.71 0.00 0.00% |
At this point, Maxis Berhad is somewhat reliable. Maxis Berhad has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13 % return per unit of risk over the last 3 months. We have found sixteen technical indicators for Maxis Berhad, which you can use to evaluate the volatility of the firm. Please verify Maxis Berhad's Risk Adjusted Performance of 0.0568, standard deviation of 0.1758, and Mean Deviation of 0.0426 to check out if the risk estimate we provide is consistent with the expected return of 0.023%.
Sharpe Ratio = 0.127
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| Negative Returns | MAXSF |
Based on monthly moving average Maxis Berhad is performing at about 10% 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 Maxis Berhad by adding it to a well-diversified portfolio.
Key indicators related to Maxis Berhad's volatility include:30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
Maxis Berhad Pink Sheet volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of Maxis daily returns, and it is calculated using variance and standard deviation. We also use Maxis's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Maxis Berhad volatility.
Maxis |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Maxis Berhad can benefit from it. Downward market volatility can be a perfect environment for investors who play the long game as hey may decide to buy additional stocks of Maxis Berhad at lower prices to lower their average cost per share. Similarly, when the prices of Maxis Berhad's stock rise, investors can sell out and invest the proceeds in other equities with better opportunities. Main indicators related to Maxis Berhad's market risk premium analysis include:
Beta 0.0216 | Alpha 0.009267 | Risk 0.18 | Sharpe Ratio 0.13 | Expected Return 0.023 |
Moving together with Maxis Pink Sheet
| 0.79 | MUFG | Mitsubishi UFJ Financial Normal Trading | PairCorr |
| 0.76 | MBFJF | Mitsubishi UFJ Financial Normal Trading | PairCorr |
| 0.93 | SMFG | Sumitomo Mitsui Financial Normal Trading | PairCorr |
| 0.89 | SMFNF | Sumitomo Mitsui Financial | PairCorr |
| 0.87 | MFG | Mizuho Financial | PairCorr |
| 0.73 | MZHOF | Mizuho Financial Normal Trading | PairCorr |
| 0.89 | ACN | Accenture plc | PairCorr |
| 0.77 | NMIH | NMI Holdings | PairCorr |
| 0.68 | ACR-PC | ACRES Commercial Realty | PairCorr |
| 0.61 | F | Ford Motor | PairCorr |
| 0.63 | BOF | BranchOut Food Common | PairCorr |
| 0.81 | WSFS | WSFS Financial | PairCorr |
| 0.75 | ATI | Allegheny Technologies | PairCorr |
Moving against Maxis Pink Sheet
Maxis Berhad Market Sensitivity And Downside Risk
Maxis Berhad's beta coefficient measures the volatility of Maxis pink sheet compared to the systematic risk of the entire market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents Maxis pink sheet's returns against your selected market. In other words, Maxis Berhad's beta of 0.0216 provides an investor with an approximation of how much risk Maxis Berhad pink sheet can potentially add to one of your existing portfolios. Maxis Berhad exhibits very low volatility with skewness of 8.12 and kurtosis of 66.0. Maxis Berhad is a potential penny stock. Although Maxis Berhad may be in fact a good instrument to invest, many penny pink sheets are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Maxis Berhad. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Maxis instrument if you perfectly time your entry and exit. However, remember that penny pink sheets that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.
3 Months Beta |Analyze Maxis Berhad Demand TrendCheck current 90 days Maxis Berhad correlation with market (Dow Jones Industrial)Maxis Berhad Volatility and Downside Risk
Maxis standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. A typical volatile entity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.
Maxis Berhad Pink Sheet Volatility Analysis
Volatility refers to the frequency at which Maxis Berhad pink sheet price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Maxis Berhad's price changes. Investors will then calculate the volatility of Maxis Berhad's pink sheet to predict their future moves. A pink sheet that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A pink sheet with relatively stable price changes has low volatility. A highly volatile pink sheet is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of Maxis Berhad's volatility:
Historical Volatility
This type of pink sheet volatility measures Maxis Berhad's fluctuations based on previous trends. It's commonly used to predict Maxis Berhad's future behavior based on its past. However, it cannot conclusively determine the future direction of the pink sheet.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for Maxis Berhad's current market price. This means that the pink sheet will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Maxis Berhad's to be redeemed at a future date.Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. Maxis Berhad Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
Maxis Berhad Projected Return Density Against Market
Assuming the 90 days horizon Maxis Berhad has a beta of 0.0216 . This indicates as returns on the market go up, Maxis Berhad average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Maxis Berhad will be expected to be much smaller as well.Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Maxis Berhad or Communication Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Maxis Berhad's price will be affected by overall pink sheet market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Maxis pink sheet's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
Maxis Berhad has an alpha of 0.0093, implying that it can generate a 0.0093 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a Maxis Berhad Price Volatility?
Several factors can influence a pink sheet's market volatility:Industry
Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.Political and Economic environment
When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.The Company's Performance
Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.Maxis Berhad Pink Sheet Risk Measures
Assuming the 90 days horizon the coefficient of variation of Maxis Berhad is 787.4. The daily returns are distributed with a variance of 0.03 and standard deviation of 0.18. The mean deviation of Maxis Berhad is currently at 0.05. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.71
α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | 0.02 | |
σ | Overall volatility | 0.18 | |
Ir | Information ratio | -0.56 |
Maxis Berhad Pink Sheet Return Volatility
Maxis Berhad historical daily return volatility represents how much of Maxis Berhad pink sheet's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company shows 0.1814% volatility of returns over 90 . By contrast, Dow Jones Industrial accepts 0.7087% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
Related Correlations Analysis
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
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Risk-Adjusted Indicators
There is a big difference between Maxis Pink Sheet performing well and Maxis Berhad Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Maxis Berhad's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MYTEF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| TKAGY | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| HLTOF | 0.02 | 0.00 | 0.00 | (0.04) | 0.00 | 0.00 | 0.65 | |||
| AARTY | 0.04 | 0.01 | 0.00 | 0.38 | 0.00 | 0.00 | 1.41 | |||
| DIGBF | 0.17 | 0.07 | 0.00 | 0.88 | 0.00 | 0.00 | 5.63 | |||
| TFAOF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| SHNUF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| SKLTF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| GTMEY | 0.95 | (0.47) | 0.00 | 50.61 | 0.00 | 0.00 | 31.65 | |||
| TACYY | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
About Maxis Berhad Volatility
Volatility is a rate at which the price of Maxis Berhad or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Maxis Berhad may increase or decrease. In other words, similar to Maxis's beta indicator, it measures the risk of Maxis Berhad and helps estimate the fluctuations that may happen in a short period of time. So if prices of Maxis Berhad fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.Maxis Berhad, an investment holding company, provides a suite of converged telecommunications, digital, and related services and solutions in Malaysia and internationally. The company was founded in 1995 and is headquartered in Kuala Lumpur, Malaysia. Maxis Bhd operates under Telecom Services classification in the United States and is traded on OTC Exchange. It employs 3862 people.
Maxis Berhad's stock volatility refers to the amount of uncertainty or risk involved with the size of changes in its stock's price. It is a statistical measure of the dispersion of returns on Maxis Pink Sheet over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Maxis Berhad's price varies over time.
3 ways to utilize Maxis Berhad's volatility to invest better
Higher Maxis Berhad's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Maxis Berhad stock is relatively stable. Investors and traders use stock volatility as an indicator of risk and potential reward, as stocks with higher volatility can offer the potential for more significant returns but also come with a greater risk of losses. Maxis Berhad stock volatility can provide helpful information for making investment decisions in the following ways:- Measuring Risk: Volatility can be used as a measure of risk, which can help you determine the potential fluctuations in the value of Maxis Berhad investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Maxis Berhad's stock can indicate that there is potential for significant price movements, either up or down, which could present investment opportunities.
- Diversification: Understanding how the volatility of Maxis Berhad's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Maxis Berhad Investment Opportunity
Dow Jones Industrial has a standard deviation of returns of 0.71 and is 3.94 times more volatile than Maxis Berhad. Compared to the overall equity markets, volatility of historical daily returns of Maxis Berhad is lower than 1 percent of all global equities and portfolios over the last 90 days. You can use Maxis Berhad to protect your portfolios against small market fluctuations. The pink sheet experiences a normal downward fluctuation but is a risky buy. Check odds of Maxis Berhad to be traded at $0.7029 in 90 days.Significant diversification
The correlation between Maxis Berhad and DJI is 0.09 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Maxis Berhad and DJI in the same portfolio, assuming nothing else is changed.
Maxis Berhad Additional Risk Indicators
The analysis of Maxis Berhad's secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in Maxis Berhad's investment and either accepting that risk or mitigating it. Along with some common measures of Maxis Berhad pink sheet's risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Risk Adjusted Performance | 0.0568 | |||
| Market Risk Adjusted Performance | 0.5491 | |||
| Mean Deviation | 0.0426 | |||
| Coefficient Of Variation | 812.4 | |||
| Standard Deviation | 0.1758 | |||
| Variance | 0.0309 | |||
| Information Ratio | (0.56) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential pink sheets, we recommend comparing similar pink sheets with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Maxis Berhad Suggested Diversification Pairs
Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
| Ford vs. Maxis Berhad | ||
| GM vs. Maxis Berhad | ||
| Alphabet vs. Maxis Berhad | ||
| Citigroup vs. Maxis Berhad | ||
| Visa vs. Maxis Berhad | ||
| Microsoft vs. Maxis Berhad | ||
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against Maxis Berhad as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. Maxis Berhad's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, Maxis Berhad's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Maxis Berhad.
Complementary Tools for Maxis Pink Sheet analysis
When running Maxis Berhad's price analysis, check to measure Maxis Berhad's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Maxis Berhad is operating at the current time. Most of Maxis Berhad's value examination focuses on studying past and present price action to predict the probability of Maxis Berhad's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Maxis Berhad's price. Additionally, you may evaluate how the addition of Maxis Berhad to your portfolios can decrease your overall portfolio volatility.
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