Scientex Packaging (Malaysia) Price on April 18, 2024
8125 Stock | 1.88 0.01 0.53% |
If you're considering investing in Scientex Stock, it is important to understand the factors that can impact its price. As of today, the current price of Scientex Packaging stands at 1.88, as last reported on the 11th of December 2024, with the highest price reaching 1.88 and the lowest price hitting 1.88 during the day. Scientex Packaging owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.025, which indicates the firm had a -0.025% return per unit of risk over the last 3 months. Scientex Packaging exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Scientex Packaging's Coefficient Of Variation of (10,649), variance of 1.18, and insignificant Risk Adjusted Performance to confirm the risk estimate we provide.
Scientex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Scientex |
Sharpe Ratio = -0.025
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Negative Returns | 8125 |
Estimated Market Risk
1.11 actual daily | 9 91% of assets are more volatile |
Expected Return
-0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Scientex Packaging 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 Scientex Packaging by adding Scientex Packaging to a well-diversified portfolio.
Scientex Packaging Valuation on April 18, 2024
It is possible to determine the worth of Scientex Packaging on a given historical date. On April 18, 2024 Scientex was worth 2.04 at the beginning of the trading date compared to the closed value of 2.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Scientex Packaging stock. Still, in general, we apply an absolute valuation method to find Scientex Packaging'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 Scientex Packaging where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Scientex Packaging's related companies.
Open | High | Low | Close | Volume | |
2.07 | 2.07 | 2.07 | 2.07 | 1.00 | |
04/18/2024 | 2.04 | 2.06 | 2.00 | 2.00 | 5,000 |
2.00 | 2.05 | 1.98 | 2.05 | 28,300 |
Backtest Scientex Packaging | | | Scientex Packaging History | | | Scientex Packaging Valuation | Previous | Next |
Scientex Packaging Trading Date Momentum on April 18, 2024
On April 19 2024 Scientex Packaging was traded for 2.05 at the closing time. The highest price during the trading period was 2.05 and the lowest recorded bid was listed for 1.98 . The volume for the day was 28.3 K. This history from April 19, 2024 contributed to the next trading day price upswing. The daily price change to the next closing price was 2.50% . The trading price change to the current price is 1.50% . |
Scientex Packaging Fundamentals Correlations and Trends
By evaluating Scientex Packaging'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 Scientex Packaging's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Scientex financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Scientex Packaging Stock history
Scientex Packaging 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 Scientex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Scientex Packaging 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 Scientex Packaging stock prices may prove useful in developing a viable investing in Scientex Packaging
Scientex Packaging Stock Technical Analysis
Scientex Packaging 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
Scientex Packaging Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Scientex Packaging 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.
Scientex Packaging December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Scientex Packaging stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Scientex Packaging shares will generate the highest return on investment. By undertsting and applying Scientex Packaging stock market strength indicators, traders can identify Scientex Packaging entry and exit signals to maximize returns
Scientex Packaging Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Scientex Packaging's price direction in advance. Along with the technical and fundamental analysis of Scientex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Scientex 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) | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.19) | |||
Treynor Ratio | (0.83) |
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Other Information on Investing in Scientex Stock
Scientex Packaging financial ratios help investors to determine whether Scientex 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 Scientex with respect to the benefits of owning Scientex Packaging security.