Eversafe Rubber (Malaysia) Price on October 10, 2023
0190 Stock | 0.16 0.01 6.67% |
If you're considering investing in Eversafe Stock, it is important to understand the factors that can impact its price. As of today, the current price of Eversafe Rubber stands at 0.16, as last reported on the 2nd of December, with the highest price reaching 0.16 and the lowest price hitting 0.15 during the day. Eversafe Rubber Bhd secures Sharpe Ratio (or Efficiency) of -0.057, which denotes the company had a -0.057% return per unit of risk over the last 3 months. Eversafe Rubber Bhd exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Eversafe Rubber's Standard Deviation of 3.61, mean deviation of 1.88, and Variance of 13.02 to check the risk estimate we provide.
Eversafe Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Eversafe |
Sharpe Ratio = -0.057
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 0190 |
Estimated Market Risk
3.62 actual daily | 32 68% of assets are more volatile |
Expected Return
-0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Eversafe Rubber 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 Eversafe Rubber by adding Eversafe Rubber to a well-diversified portfolio.
Eversafe Rubber Valuation on October 10, 2023
It is possible to determine the worth of Eversafe Rubber on a given historical date. On October 10, 2023 Eversafe was worth 0.21 at the beginning of the trading date compared to the closed value of 0.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Eversafe Rubber stock. Still, in general, we apply an absolute valuation method to find Eversafe Rubber's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Eversafe Rubber where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Eversafe Rubber's related companies.
Open | High | Low | Close | Volume | |
0.21 | 0.21 | 0.21 | 0.21 | 14,000 | |
10/10/2023 | 0.21 | 0.22 | 0.21 | 0.22 | 20,500 |
0.22 | 0.22 | 0.22 | 0.22 | 1.00 |
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Eversafe Rubber Trading Date Momentum on October 10, 2023
On October 11 2023 Eversafe Rubber Bhd was traded for 0.22 at the closing time. The highest price during the trading period was 0.22 and the lowest recorded bid was listed for 0.22 . There was no trading activity during the period 1.0. Lack of trading volume on October 11, 2023 did not affect price variability. The overall trading delta to the current price is 4.55% . |
Eversafe Rubber Bhd Fundamentals Correlations and Trends
By evaluating Eversafe Rubber's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Eversafe Rubber's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Eversafe financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Eversafe Rubber Stock history
Eversafe Rubber investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Eversafe is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Eversafe Rubber Bhd will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Eversafe Rubber stock prices may prove useful in developing a viable investing in Eversafe Rubber
Eversafe Rubber Stock Technical Analysis
Eversafe Rubber technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Eversafe Rubber Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Eversafe Rubber Bhd cannot be verified against its exchange. Please verify the symbol is currently traded on Kuala Lumpur Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Eversafe Rubber December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Eversafe Rubber stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eversafe Rubber shares will generate the highest return on investment. By undertsting and applying Eversafe Rubber stock market strength indicators, traders can identify Eversafe Rubber Bhd entry and exit signals to maximize returns
Eversafe Rubber Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Eversafe Rubber's price direction in advance. Along with the technical and fundamental analysis of Eversafe Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Eversafe to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.02) | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.73) | |||
Treynor Ratio | 0.2877 |
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Other Information on Investing in Eversafe Stock
Eversafe Rubber financial ratios help investors to determine whether Eversafe 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 Eversafe with respect to the benefits of owning Eversafe Rubber security.