Bank Islam (Malaysia) Price on August 26, 2024
| 5258 Stock | 2.48 0.01 0.40% |
If you're considering investing in Bank Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bank Islam stands at 2.48, as last reported on the 7th of January, with the highest price reaching 2.49 and the lowest price hitting 2.47 during the day. Bank Islam Malaysia secures Sharpe Ratio (or Efficiency) of -0.0417, which signifies that the company had a -0.0417% return per unit of risk over the last 3 months. Bank Islam Malaysia exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bank Islam's Risk Adjusted Performance of (0.04), standard deviation of 1.11, and Mean Deviation of 0.7912 to double-check the risk estimate we provide.
Bank Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bank |
Sharpe Ratio = -0.0417
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 5258 |
Estimated Market Risk
| 1.09 actual daily | 9 91% 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 Bank Islam 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 Bank Islam by adding Bank Islam to a well-diversified portfolio.
Bank Islam Valuation on August 26, 2024
It is possible to determine the worth of Bank Islam on a given historical date. On August 26, 2024 Bank was worth 2.64 at the beginning of the trading date compared to the closed value of 2.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bank Islam stock. Still, in general, we apply an absolute valuation method to find Bank Islam'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 Bank Islam where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bank Islam's related companies.
| Open | High | Low | Close | Volume | |
| 2.65 | 2.65 | 2.62 | 2.64 | 1,752,700 | |
08/26/2024 | 2.64 | 2.66 | 2.62 | 2.63 | 1,102,400 |
| 2.62 | 2.63 | 2.47 | 2.49 | 3,292,900 |
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Bank Islam Trading Date Momentum on August 26, 2024
| On August 27 2024 Bank Islam Malaysia was traded for 2.49 at the closing time. The highest price during the trading period was 2.63 and the lowest recorded bid was listed for 2.47 . The volume for the day was 3.3 M. This history from August 27, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 5.32% . The overall trading delta to the current price is 4.94% . |
Price Boundaries
Bank Islam Period Price Range
Low | January 7, 2025
| High |
0.00 | 0.00 |
Bank Islam Malaysia 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.
Bank Islam January 7, 2025 Market Strength
Market strength indicators help investors to evaluate how Bank Islam stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bank Islam shares will generate the highest return on investment. By undertsting and applying Bank Islam stock market strength indicators, traders can identify Bank Islam Malaysia entry and exit signals to maximize returns
Bank Islam Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bank Islam's price direction in advance. Along with the technical and fundamental analysis of Bank Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bank 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.