Sime Darby (Malaysia) Price on October 9, 2023
4197 Stock | 2.32 0.02 0.85% |
If you're considering investing in Sime Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sime Darby stands at 2.32, as last reported on the 29th of December, with the highest price reaching 2.35 and the lowest price hitting 2.31 during the day. Sime Darby Bhd owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0473, which indicates the firm had a -0.0473% return per unit of risk over the last 3 months. Sime Darby Bhd exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sime Darby's Variance of 2.68, risk adjusted performance of (0.02), and Coefficient Of Variation of (3,229) to confirm the risk estimate we provide.
Sime Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sime |
Sharpe Ratio = -0.0473
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 4197 |
Estimated Market Risk
1.65 actual daily | 14 86% of assets are more volatile |
Expected Return
-0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sime Darby 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 Sime Darby by adding Sime Darby to a well-diversified portfolio.
Sime Darby Valuation on October 9, 2023
It is possible to determine the worth of Sime Darby on a given historical date. On October 9, 2023 Sime was worth 2.1 at the beginning of the trading date compared to the closed value of 2.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sime Darby stock. Still, in general, we apply an absolute valuation method to find Sime Darby'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 Sime Darby where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sime Darby's related companies.
Open | High | Low | Close | Volume | |
2.09 | 2.11 | 2.09 | 2.10 | 5,453,700 | |
10/09/2023 | 2.10 | 2.13 | 2.10 | 2.12 | 7,256,300 |
2.13 | 2.15 | 2.11 | 2.13 | 7,834,300 |
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Sime Darby Trading Date Momentum on October 9, 2023
On October 10 2023 Sime Darby Bhd was traded for 2.13 at the closing time. The highest price during the trading period was 2.15 and the lowest recorded bid was listed for 2.11 . The volume for the day was 7.8 M. This history from October 10, 2023 contributed to the next trading day price upswing. The daily price change to the next closing price was 0.47% . The trading price change to the current price is 1.89% . |
Sime Darby Bhd Fundamentals Correlations and Trends
By evaluating Sime Darby'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 Sime Darby's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sime financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sime Darby Stock history
Sime Darby 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 Sime is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sime Darby 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 Sime Darby stock prices may prove useful in developing a viable investing in Sime Darby
Sime Darby Stock Technical Analysis
Sime Darby 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
Sime Darby Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Sime Darby 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.
Sime Darby December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Sime Darby stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sime Darby shares will generate the highest return on investment. By undertsting and applying Sime Darby stock market strength indicators, traders can identify Sime Darby Bhd entry and exit signals to maximize returns
Sime Darby Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sime Darby's price direction in advance. Along with the technical and fundamental analysis of Sime Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sime 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 | (0.11) | |||
Treynor Ratio | (0.18) |
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Other Information on Investing in Sime Stock
Sime Darby financial ratios help investors to determine whether Sime 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 Sime with respect to the benefits of owning Sime Darby security.