Axiata Group (Malaysia) Price on December 28, 2024
6888 Stock | 2.38 0.01 0.42% |
If you're considering investing in Axiata Stock, it is important to understand the factors that can impact its price. As of today, the current price of Axiata Group stands at 2.38, as last reported on the 29th of December, with the highest price reaching 2.40 and the lowest price hitting 2.36 during the day. Axiata Group Bhd 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. Axiata Group Bhd exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Axiata Group's Mean Deviation of 0.9445, risk adjusted performance of (0.02), and Standard Deviation of 1.26 to double-check the risk estimate we provide.
Axiata Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Axiata |
Sharpe Ratio = -0.0417
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Negative Returns | 6888 |
Estimated Market Risk
1.22 actual daily | 10 90% 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 Axiata Group 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 Axiata Group by adding Axiata Group to a well-diversified portfolio.
Axiata Group Valuation on December 28, 2024
It is possible to determine the worth of Axiata Group on a given historical date. On December 28, 2024 Axiata was worth 2.39 at the beginning of the trading date compared to the closed value of 2.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Axiata Group stock. Still, in general, we apply an absolute valuation method to find Axiata Group'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 Axiata Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Axiata Group's related companies.
Open | High | Low | Close | Volume | |
2.40 | 2.40 | 2.36 | 2.39 | 1,195,300 | |
12/27/2024 | 2.39 | 2.40 | 2.36 | 2.38 | 2,773,600 |
2.39 | 2.40 | 2.36 | 2.38 | 0.00 |
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Axiata Group Trading Date Momentum on December 28, 2024
On December 29 2024 Axiata Group Bhd was traded for 2.38 at the closing time. The highest price during the trading period was 2.40 and the lowest recorded bid was listed for 2.36 . There was no trading activity during the period 0.0. Lack of trading volume on December 29, 2024 did not affect price variability. The overall trading delta to the current price is 0.42% . |
Axiata Group Bhd Fundamentals Correlations and Trends
By evaluating Axiata Group'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 Axiata Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Axiata financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Axiata Group Stock history
Axiata Group 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 Axiata is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Axiata Group 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 Axiata Group stock prices may prove useful in developing a viable investing in Axiata Group
Axiata Group Stock Technical Analysis
Axiata Group 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
Axiata Group Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Axiata Group 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.
Axiata Group December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Axiata Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Axiata Group shares will generate the highest return on investment. By undertsting and applying Axiata Group stock market strength indicators, traders can identify Axiata Group Bhd entry and exit signals to maximize returns
Axiata Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Axiata Group's price direction in advance. Along with the technical and fundamental analysis of Axiata Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Axiata 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 | (0.04) | |||
Total Risk Alpha | (0.07) | |||
Treynor Ratio | (0.70) |
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Other Information on Investing in Axiata Stock
Axiata Group financial ratios help investors to determine whether Axiata 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 Axiata with respect to the benefits of owning Axiata Group security.