Batu Kawan's market value is the price at which a share of Batu Kawan trades on a public exchange. It measures the collective expectations of Batu Kawan Bhd investors about its performance. Batu Kawan is selling for 20.18 as of the 14th of January 2025. This is a 0.80 percent increase since the beginning of the trading day. The stock's lowest day price was 20.04. With this module, you can estimate the performance of a buy and hold strategy of Batu Kawan Bhd and determine expected loss or profit from investing in Batu Kawan over a given investment horizon. Check out Batu Kawan Correlation, Batu Kawan Volatility and Batu Kawan Alpha and Beta module to complement your research on Batu Kawan.
Please note, there is a significant difference between Batu Kawan's value and its price as these two are different measures arrived at by different means. Investors typically determine if Batu Kawan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Batu Kawan's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Batu Kawan '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 Batu Kawan'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 Batu Kawan.
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Batu Kawan'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 Batu Kawan Bhd upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Batu Kawan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Batu Kawan's standard deviation. In reality, there are many statistical measures that can use Batu Kawan historical prices to predict the future Batu Kawan's volatility.
As of now, Batu Stock is very steady. Batu Kawan Bhd secures Sharpe Ratio (or Efficiency) of 0.0919, which signifies that the company had a 0.0919% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Batu Kawan Bhd, which you can use to evaluate the volatility of the firm. Please confirm Batu Kawan's Risk Adjusted Performance of 0.0671, mean deviation of 0.3064, and Downside Deviation of 0.613 to double-check if the risk estimate we provide is consistent with the expected return of 0.0439%. Batu Kawan has a performance score of 7 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0495, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Batu Kawan's returns are expected to increase less than the market. However, during the bear market, the loss of holding Batu Kawan is expected to be smaller as well. Batu Kawan Bhd right now shows a risk of 0.48%. Please confirm Batu Kawan Bhd standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if Batu Kawan Bhd will be following its price patterns.
Auto-correlation
-0.29
Weak reverse predictability
Batu Kawan Bhd has weak reverse predictability. Overlapping area represents the amount of predictability between Batu Kawan time series from 15th of December 2024 to 30th of December 2024 and 30th of December 2024 to 14th of January 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 Batu Kawan Bhd price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current Batu Kawan price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.29
Spearman Rank Test
0.24
Residual Average
0.0
Price Variance
0.01
Batu Kawan Bhd lagged returns against current returns
Autocorrelation, which is Batu Kawan 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 Batu Kawan's stock expected returns. We can calculate the autocorrelation of Batu Kawan returns to help us make a trade decision. For example, suppose you find that Batu Kawan 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
Batu Kawan 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 Batu Kawan stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Batu Kawan stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Batu Kawan stock over time.
Current vs Lagged Prices
Timeline
Batu Kawan Lagged Returns
When evaluating Batu Kawan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Batu Kawan stock have on its future price. Batu Kawan 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, Batu Kawan autocorrelation shows the relationship between Batu Kawan stock current value and its past values and can show if there is a momentum factor associated with investing in Batu Kawan 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.
Batu Kawan financial ratios help investors to determine whether Batu 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 Batu with respect to the benefits of owning Batu Kawan security.