Digistar Bhd (Malaysia) Performance
| 0029 Stock | 0.05 0.00 0.00% |
Digistar Bhd has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.49, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Digistar Bhd will likely underperform. Digistar Bhd right now shows a risk of 5.21%. Please confirm Digistar Bhd market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if Digistar Bhd will be following its price patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Digistar Bhd are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite quite conflicting basic indicators, Digistar Bhd may actually be approaching a critical reversion point that can send shares even higher in April 2025. ...more
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Digistar Bhd Relative Risk vs. Return Landscape
If you would invest 5.00 in Digistar Bhd on December 19, 2024 and sell it today you would earn a total of 0.00 from holding Digistar Bhd or generate 0.0% return on investment over 90 days. Digistar Bhd is generating 0.1353% of daily returns and assumes 5.2123% volatility on return distribution over the 90 days horizon. Simply put, 46% of stocks are less volatile than Digistar, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Digistar Bhd Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Digistar Bhd's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Digistar Bhd, and traders can use it to determine the average amount a Digistar Bhd's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0259
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| Cash | Small Risk | Average Risk | 0029 | Huge Risk |
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Estimated Market Risk
| 5.21 actual daily | 46 54% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Digistar Bhd is performing at about 2% 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 Digistar Bhd by adding it to a well-diversified portfolio.
Things to note about Digistar Bhd performance evaluation
Checking the ongoing alerts about Digistar Bhd for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Digistar Bhd help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Digistar Bhd had very high historical volatility over the last 90 days | |
| Digistar Bhd has some characteristics of a very speculative penny stock |
- Analyzing Digistar Bhd's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Digistar Bhd's stock is overvalued or undervalued compared to its peers.
- Examining Digistar Bhd's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Digistar Bhd's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Digistar Bhd's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Digistar Bhd's stock. These opinions can provide insight into Digistar Bhd's potential for growth and whether the stock is currently undervalued or overvalued.