Public Bank (Malaysia) Price on November 29, 2024
| 1295 Stock | 4.47 0.06 1.36% |
If you're considering investing in Public Stock, it is important to understand the factors that can impact its price. As of today, the current price of Public Bank stands at 4.47, as last reported on the 30th of November, with the highest price reaching 4.51 and the lowest price hitting 4.41 during the day. Public Bank Bhd maintains Sharpe Ratio (i.e., Efficiency) of -0.0441, which implies the firm had a -0.0441% return per unit of risk over the last 3 months. Public Bank Bhd exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Public Bank's Coefficient Of Variation of (1,920), risk adjusted performance of (0.04), and Variance of 1.68 to confirm the risk estimate we provide.
Public Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Public |
Sharpe Ratio = -0.0441
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 1295 |
Estimated Market Risk
| 1.25 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Public Bank 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 Public Bank by adding Public Bank to a well-diversified portfolio.
Public Bank Valuation on November 29, 2024
It is possible to determine the worth of Public Bank on a given historical date. On November 29, 2024 Public was worth 4.42 at the beginning of the trading date compared to the closed value of 4.47. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Public Bank stock. Still, in general, we apply an absolute valuation method to find Public Bank'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 Public Bank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Public Bank's related companies.
| Open | High | Low | Close | Volume | |
| 4.44 | 4.46 | 4.41 | 4.41 | 12,632,500 | |
11/29/2024 | 4.42 | 4.51 | 4.41 | 4.47 | 37,348,900 |
| Backtest Public Bank | | | Public Bank History | | | Public Bank Valuation | Previous |
Public Bank Trading Date Momentum on November 29, 2024
| On November 29 2024 Public Bank Bhd was traded for 4.47 at the closing time. The highest price during the trading period was 4.51 and the lowest recorded bid was listed for 4.41 . The volume for the day was 37.3 M. This history from November 29, 2024 did not cause price change. The trading delta at closing time to the current price is 1.12% . |
Public Bank Bhd Fundamentals Correlations and Trends
By evaluating Public Bank'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 Public Bank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Public financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Public Bank Stock history
Public Bank 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 Public is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Public Bank 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 Public Bank stock prices may prove useful in developing a viable investing in Public Bank
Public Bank Stock Technical Analysis
Public Bank 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
Public Bank Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Public Bank 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.
Public Bank November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Public Bank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Public Bank shares will generate the highest return on investment. By undertsting and applying Public Bank stock market strength indicators, traders can identify Public Bank Bhd entry and exit signals to maximize returns
Public Bank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Public Bank's price direction in advance. Along with the technical and fundamental analysis of Public Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Public 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 | (0.04) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | 1.58 |
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Other Information on Investing in Public Stock
Public Bank financial ratios help investors to determine whether Public 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 Public with respect to the benefits of owning Public Bank security.