Coraza Integrated (Malaysia) Market Value
| 0240 Stock | 0.52 0.02 4.00% |
| Symbol | Coraza |
Coraza Integrated 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Coraza Integrated's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Coraza Integrated.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Coraza Integrated on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Coraza Integrated Technology or generate 0.0% return on investment in Coraza Integrated over 90 days. Coraza Integrated is related to or competes with Malayan Banking, Press Metal, Choo Bee, Sports Toto, CB Industrial, and Eonmetall Group. More
Coraza Integrated Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Coraza Integrated's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Coraza Integrated Technology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.46 | |||
| Information Ratio | 0.0377 | |||
| Maximum Drawdown | 18.87 | |||
| Value At Risk | (6.67) | |||
| Potential Upside | 5.88 |
Coraza Integrated Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Coraza Integrated's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Coraza Integrated's standard deviation. In reality, there are many statistical measures that can use Coraza Integrated historical prices to predict the future Coraza Integrated's volatility.| Risk Adjusted Performance | 0.0197 | |||
| Jensen Alpha | 0.17 | |||
| Total Risk Alpha | 0.5589 | |||
| Sortino Ratio | 0.0283 | |||
| Treynor Ratio | 0.0399 |
Coraza Integrated Backtested Returns
As of now, Coraza Stock is abnormally volatile. Coraza Integrated secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the company had a close to zero % return per unit of risk over the last 3 months. We have found thirty technical indicators for Coraza Integrated Technology, which you can use to evaluate the volatility of the firm. Please confirm Coraza Integrated's Mean Deviation of 3.09, downside deviation of 5.46, and Risk Adjusted Performance of 0.0197 to double-check if the risk estimate we provide is consistent with the expected return of 0.0263%. The firm shows a Beta (market volatility) of 1.14, which signifies a somewhat significant risk relative to the market. Coraza Integrated returns are very sensitive to returns on the market. As the market goes up or down, Coraza Integrated is expected to follow. Coraza Integrated right now shows a risk of 4.21%. Please confirm Coraza Integrated coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Coraza Integrated will be following its price patterns.
Auto-correlation | -0.47 |
Modest reverse predictability
Coraza Integrated Technology has modest reverse predictability. Overlapping area represents the amount of predictability between Coraza Integrated time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Coraza Integrated price movement. The serial correlation of -0.47 indicates that about 47.0% of current Coraza Integrated price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.47 | |
| Spearman Rank Test | -0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Coraza Integrated lagged returns against current returns
Autocorrelation, which is Coraza Integrated stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Coraza Integrated's stock expected returns. We can calculate the autocorrelation of Coraza Integrated returns to help us make a trade decision. For example, suppose you find that Coraza Integrated has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Coraza Integrated regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Coraza Integrated stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Coraza Integrated stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Coraza Integrated stock over time.
Current vs Lagged Prices |
| Timeline |
Coraza Integrated Lagged Returns
When evaluating Coraza Integrated's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Coraza Integrated stock have on its future price. Coraza Integrated autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Coraza Integrated autocorrelation shows the relationship between Coraza Integrated stock current value and its past values and can show if there is a momentum factor associated with investing in Coraza Integrated Technology.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Coraza Stock
Coraza Integrated financial ratios help investors to determine whether Coraza 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 Coraza with respect to the benefits of owning Coraza Integrated security.