Advanced Packaging (Malaysia) Price on July 23, 2024
9148 Stock | 0.64 0.00 0.00% |
If you're considering investing in Advanced Stock, it is important to understand the factors that can impact its price. As of today, the current price of Advanced Packaging stands at 0.64, as last reported on the 2nd of December, with the highest price reaching 0.64 and the lowest price hitting 0.64 during the day. Advanced Packaging Tech secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% return per unit of risk over the last 3 months. Advanced Packaging Tech exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Advanced Packaging's Standard Deviation of 0.9526, mean deviation of 0.3873, and Risk Adjusted Performance of (0.09) to double-check the risk estimate we provide.
Advanced Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Advanced |
Sharpe Ratio = -0.1185
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Negative Returns | 9148 |
Estimated Market Risk
0.98 actual daily | 8 92% of assets are more volatile |
Expected Return
-0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Advanced 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 Advanced Packaging by adding Advanced Packaging to a well-diversified portfolio.
Advanced Packaging Valuation on July 23, 2024
It is possible to determine the worth of Advanced Packaging on a given historical date. On July 23, 2024 Advanced was worth 0.67 at the beginning of the trading date compared to the closed value of 0.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Advanced Packaging stock. Still, in general, we apply an absolute valuation method to find Advanced 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 Advanced Packaging where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Advanced Packaging's related companies.
Open | High | Low | Close | Volume | |
0.66 | 0.66 | 0.66 | 0.66 | 1.00 | |
07/23/2024 | 0.67 | 0.67 | 0.67 | 0.67 | 18,300 |
0.67 | 0.67 | 0.67 | 0.67 | 1.00 |
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Advanced Packaging Trading Date Momentum on July 23, 2024
On July 24 2024 Advanced Packaging Tech was traded for 0.67 at the closing time. The highest price during the trading period was 0.67 and the lowest recorded bid was listed for 0.67 . There was no trading activity during the period 1.0. Lack of trading volume on July 24, 2024 did not affect price variability. The overall trading delta to the current price is 1.49% . |
Advanced Packaging Tech Fundamentals Correlations and Trends
By evaluating Advanced 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 Advanced Packaging's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Advanced financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Advanced Packaging Stock history
Advanced 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 Advanced is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Advanced Packaging Tech 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 Advanced Packaging stock prices may prove useful in developing a viable investing in Advanced Packaging
Advanced Packaging Stock Technical Analysis
Advanced 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
Advanced Packaging Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Advanced Packaging Tech 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.
Advanced Packaging December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Advanced 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 Advanced Packaging shares will generate the highest return on investment. By undertsting and applying Advanced Packaging stock market strength indicators, traders can identify Advanced Packaging Tech entry and exit signals to maximize returns
Advanced Packaging Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Advanced Packaging's price direction in advance. Along with the technical and fundamental analysis of Advanced Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Advanced 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 | (0.09) | |||
Jensen Alpha | (0.10) | |||
Total Risk Alpha | (0.28) | |||
Treynor Ratio | 0.9763 |
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Other Information on Investing in Advanced Stock
Advanced Packaging financial ratios help investors to determine whether Advanced 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 Advanced with respect to the benefits of owning Advanced Packaging security.