RHB Bank (Malaysia) Market Value
| 1066 Stock | 6.85 0.02 0.29% |
| Symbol | RHB |
RHB Bank '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 RHB Bank'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 RHB Bank.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in RHB Bank on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding RHB Bank Bhd or generate 0.0% return on investment in RHB Bank over 90 days. RHB Bank is related to or competes with Apex Healthcare, Greatech Technology, Sanichi Technology, Oriental Food, and FARM FRESH. More
RHB Bank 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 RHB Bank'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 RHB Bank Bhd upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9361 | |||
| Information Ratio | 0.2177 | |||
| Maximum Drawdown | 3.92 | |||
| Value At Risk | (1.24) | |||
| Potential Upside | 1.59 |
RHB Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for RHB Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RHB Bank's standard deviation. In reality, there are many statistical measures that can use RHB Bank historical prices to predict the future RHB Bank's volatility.| Risk Adjusted Performance | 0.0844 | |||
| Jensen Alpha | 0.0878 | |||
| Total Risk Alpha | 0.1738 | |||
| Sortino Ratio | 0.1918 | |||
| Treynor Ratio | 0.4451 |
RHB Bank Bhd Backtested Returns
As of now, RHB Stock is very steady. RHB Bank Bhd retains Efficiency (Sharpe Ratio) of 0.0938, which implies the firm had a 0.0938 % return per unit of risk over the last 3 months. We have found thirty technical indicators for RHB Bank, which you can use to evaluate the volatility of the company. Please check RHB Bank's market risk adjusted performance of 0.4551, and Semi Deviation of 0.689 to confirm if the risk estimate we provide is consistent with the expected return of 0.0795%. RHB Bank has a performance score of 7 on a scale of 0 to 100. The company owns a Beta (Systematic Risk) of 0.16, which implies not very significant fluctuations relative to the market. As returns on the market increase, RHB Bank's returns are expected to increase less than the market. However, during the bear market, the loss of holding RHB Bank is expected to be smaller as well. RHB Bank Bhd now owns a risk of 0.85%. Please check RHB Bank 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 RHB Bank Bhd will be following its current price history.
Auto-correlation | -0.53 |
Good reverse predictability
RHB Bank Bhd has good reverse predictability. Overlapping area represents the amount of predictability between RHB Bank time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 RHB Bank Bhd price movement. The serial correlation of -0.53 indicates that about 53.0% of current RHB Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.53 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
RHB Bank Bhd lagged returns against current returns
Autocorrelation, which is RHB Bank 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 RHB Bank's stock expected returns. We can calculate the autocorrelation of RHB Bank returns to help us make a trade decision. For example, suppose you find that RHB Bank 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 |
RHB Bank 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 RHB Bank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RHB Bank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RHB Bank stock over time.
Current vs Lagged Prices |
| Timeline |
RHB Bank Lagged Returns
When evaluating RHB Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RHB Bank stock have on its future price. RHB Bank 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, RHB Bank autocorrelation shows the relationship between RHB Bank stock current value and its past values and can show if there is a momentum factor associated with investing in RHB Bank Bhd.
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 RHB Stock
RHB Bank financial ratios help investors to determine whether RHB 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 RHB with respect to the benefits of owning RHB Bank security.