Genting Plantations' market value is the price at which a share of Genting Plantations trades on a public exchange. It measures the collective expectations of Genting Plantations Bhd investors about its performance. Genting Plantations is selling for 5.90 as of the 4th of January 2025. This is a 0.68 percent increase since the beginning of the trading day. The stock's lowest day price was 5.78. With this module, you can estimate the performance of a buy and hold strategy of Genting Plantations Bhd and determine expected loss or profit from investing in Genting Plantations over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
Genting
Genting Plantations '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 Genting Plantations' 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 Genting Plantations.
0.00
11/05/2024
No Change 0.00
0.0
In 2 months and 2 days
01/04/2025
0.00
If you would invest 0.00 in Genting Plantations on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Genting Plantations Bhd or generate 0.0% return on investment in Genting Plantations over 60 days.
Genting Plantations 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 Genting Plantations' 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 Genting Plantations 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 Genting Plantations' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Genting Plantations' standard deviation. In reality, there are many statistical measures that can use Genting Plantations historical prices to predict the future Genting Plantations' volatility.
As of now, Genting Stock is not too volatile. Genting Plantations Bhd holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Genting Plantations Bhd, which you can use to evaluate the volatility of the firm. Please check out Genting Plantations' Market Risk Adjusted Performance of 0.5772, downside deviation of 1.11, and Risk Adjusted Performance of 0.1289 to validate if the risk estimate we provide is consistent with the expected return of 0.16%. Genting Plantations has a performance score of 10 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.31, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Genting Plantations' returns are expected to increase less than the market. However, during the bear market, the loss of holding Genting Plantations is expected to be smaller as well. Genting Plantations Bhd right now retains a risk of 1.22%. Please check out Genting Plantations downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Genting Plantations will be following its current trending patterns.
Auto-correlation
-0.39
Poor reverse predictability
Genting Plantations Bhd has poor reverse predictability. Overlapping area represents the amount of predictability between Genting Plantations time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th 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 Genting Plantations Bhd price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Genting Plantations price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.39
Spearman Rank Test
0.05
Residual Average
0.0
Price Variance
0.01
Genting Plantations Bhd lagged returns against current returns
Autocorrelation, which is Genting Plantations 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 Genting Plantations' stock expected returns. We can calculate the autocorrelation of Genting Plantations returns to help us make a trade decision. For example, suppose you find that Genting Plantations 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
Genting Plantations 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 Genting Plantations stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Genting Plantations stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Genting Plantations stock over time.
Current vs Lagged Prices
Timeline
Genting Plantations Lagged Returns
When evaluating Genting Plantations' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Genting Plantations stock have on its future price. Genting Plantations 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, Genting Plantations autocorrelation shows the relationship between Genting Plantations stock current value and its past values and can show if there is a momentum factor associated with investing in Genting Plantations Bhd.
Regressed Prices
Timeline
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