Al Aqar (Malaysia) Price on May 4, 2023
| 5116 Stock | 1.39 0.01 0.72% |
If you're considering investing in 5116 Stock, it is important to understand the factors that can impact its price. As of today, the current price of Al Aqar stands at 1.39, as last reported on the 4th of December, with the highest price reaching 1.39 and the lowest price hitting 1.38 during the day. As of now, 5116 Stock is slightly risky. Al Aqar Healthcare retains Efficiency (Sharpe Ratio) of 0.12, which signifies that the company had a 0.12% return per unit of price deviation over the last 3 months. We have found thirty technical indicators for Al Aqar, which you can use to evaluate the volatility of the firm. Please confirm Al Aqar's Standard Deviation of 0.8899, coefficient of variation of 844.61, and Market Risk Adjusted Performance of 0.5418 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%.
5116 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
5116 |
Sharpe Ratio = 0.1225
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Estimated Market Risk
| 0.9 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Al Aqar is performing at about 9% 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 Al Aqar by adding it to a well-diversified portfolio.
Al Aqar Valuation on May 4, 2023
It is possible to determine the worth of Al Aqar on a given historical date. On May 4, 2023 5116 was worth 1.22 at the beginning of the trading date compared to the closed value of 1.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Al Aqar stock. Still, in general, we apply an absolute valuation method to find Al Aqar'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 Al Aqar where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Al Aqar's related companies.
| Open | High | Low | Close | Volume | |
| 1.22 | 1.22 | 1.22 | 1.22 | 85,500 | |
05/03/2023 | 1.22 | 1.22 | 1.21 | 1.21 | 121,600 |
| 1.22 | 1.22 | 1.21 | 1.22 | 45,000 |
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Al Aqar Trading Date Momentum on May 4, 2023
| On May 05 2023 Al Aqar Healthcare was traded for 1.22 at the closing time. The highest price during the trading period was 1.22 and the lowest recorded bid was listed for 1.21 . The volume for the day was 45 K. This history from May 5, 2023 contributed to the next trading day price upswing. The daily price change to the next closing price was 0.83% . The overall trading delta to the current price is 0.83% . |
Al Aqar Healthcare Fundamentals Correlations and Trends
By evaluating Al Aqar'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 Al Aqar's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 5116 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Al Aqar Stock history
Al Aqar 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 5116 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Al Aqar Healthcare 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 Al Aqar stock prices may prove useful in developing a viable investing in Al Aqar
Al Aqar Stock Technical Analysis
Al Aqar 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
Al Aqar Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Al Aqar Healthcare 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.
Al Aqar December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Al Aqar stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Al Aqar shares will generate the highest return on investment. By undertsting and applying Al Aqar stock market strength indicators, traders can identify Al Aqar Healthcare entry and exit signals to maximize returns
Al Aqar Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Al Aqar's price direction in advance. Along with the technical and fundamental analysis of 5116 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 5116 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 | 0.0918 | |||
| Jensen Alpha | 0.0768 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.5318 |
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Other Information on Investing in 5116 Stock
Al Aqar financial ratios help investors to determine whether 5116 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 5116 with respect to the benefits of owning Al Aqar security.