Batu Kawan (Malaysia) Market Value
| 1899 Stock | 19.46 0.02 0.10% |
| Symbol | Batu |
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.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in Batu Kawan on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Batu Kawan Bhd or generate 0.0% return on investment in Batu Kawan over 90 days. Batu Kawan is related to or competes with Rubberex M, BP Plastics, Genetec Technology, Coraza Integrated, Greatech Technology, and ES Ceramics. More
Batu Kawan 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 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.
| Information Ratio | 0.0691 | |||
| Maximum Drawdown | 5.51 | |||
| Value At Risk | (1.85) | |||
| Potential Upside | 2.04 |
Batu Kawan Market Risk Indicators
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.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | 0.0898 | |||
| Treynor Ratio | (0.54) |
Batu Kawan Bhd Backtested Returns
Batu Kawan Bhd secures Sharpe Ratio (or Efficiency) of -0.0181, which signifies that the company had a -0.0181 % return per unit of risk over the last 3 months. Batu Kawan Bhd exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Batu Kawan's Mean Deviation of 0.6572, standard deviation of 1.05, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0343, 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. At this point, Batu Kawan Bhd has a negative expected return of -0.0189%. Please make sure to confirm Batu Kawan's total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Batu Kawan Bhd performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.24 |
Weak predictability
Batu Kawan Bhd has weak predictability. Overlapping area represents the amount of predictability between Batu Kawan time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th 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 Batu Kawan Bhd price movement. The serial correlation of 0.24 indicates that over 24.0% of current Batu Kawan price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | 0.16 | |
| 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.Other Information on Investing in Batu Stock
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.