Malayan Banking (Malaysia) Market Value
| 1155 Stock | 10.66 0.04 0.37% |
| Symbol | Malayan |
Malayan Banking '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 Malayan Banking'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 Malayan Banking.
| 11/29/2024 |
| 02/27/2025 |
If you would invest 0.00 in Malayan Banking on November 29, 2024 and sell it all today you would earn a total of 0.00 from holding Malayan Banking Bhd or generate 0.0% return on investment in Malayan Banking over 90 days. Malayan Banking is related to or competes with Senheng New, Malaysia Steel, Uchi Technologies, and Choo Bee. More
Malayan Banking 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 Malayan Banking'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 Malayan Banking Bhd upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6078 | |||
| Information Ratio | 0.1235 | |||
| Maximum Drawdown | 2.54 | |||
| Value At Risk | (0.98) | |||
| Potential Upside | 1.34 |
Malayan Banking Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Malayan Banking's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Malayan Banking's standard deviation. In reality, there are many statistical measures that can use Malayan Banking historical prices to predict the future Malayan Banking's volatility.| Risk Adjusted Performance | 0.0938 | |||
| Jensen Alpha | 0.077 | |||
| Total Risk Alpha | 0.0826 | |||
| Sortino Ratio | 0.1368 | |||
| Treynor Ratio | 1.72 |
Malayan Banking Bhd Backtested Returns
As of now, Malayan Stock is very steady. Malayan Banking Bhd has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Malayan Banking, which you can use to evaluate the volatility of the firm. Please verify Malayan Banking's Risk Adjusted Performance of 0.0938, downside deviation of 0.6078, and Mean Deviation of 0.5123 to check out if the risk estimate we provide is consistent with the expected return of 0.0834%. Malayan Banking has a performance score of 9 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.0447, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Malayan Banking's returns are expected to increase less than the market. However, during the bear market, the loss of holding Malayan Banking is expected to be smaller as well. Malayan Banking Bhd right now secures a risk of 0.68%. Please verify Malayan Banking Bhd coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to decide if Malayan Banking Bhd will be following its current price movements.
Auto-correlation | -0.18 |
Insignificant reverse predictability
Malayan Banking Bhd has insignificant reverse predictability. Overlapping area represents the amount of predictability between Malayan Banking time series from 29th of November 2024 to 13th of January 2025 and 13th of January 2025 to 27th of February 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 Malayan Banking Bhd price movement. The serial correlation of -0.18 indicates that over 18.0% of current Malayan Banking price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Malayan Banking Bhd lagged returns against current returns
Autocorrelation, which is Malayan Banking 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 Malayan Banking's stock expected returns. We can calculate the autocorrelation of Malayan Banking returns to help us make a trade decision. For example, suppose you find that Malayan Banking 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 |
Malayan Banking 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 Malayan Banking stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Malayan Banking stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Malayan Banking stock over time.
Current vs Lagged Prices |
| Timeline |
Malayan Banking Lagged Returns
When evaluating Malayan Banking's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Malayan Banking stock have on its future price. Malayan Banking 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, Malayan Banking autocorrelation shows the relationship between Malayan Banking stock current value and its past values and can show if there is a momentum factor associated with investing in Malayan Banking 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 Malayan Stock
Malayan Banking financial ratios help investors to determine whether Malayan 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 Malayan with respect to the benefits of owning Malayan Banking security.