Kuala Lumpur (Malaysia) Market Value
| 2445 Stock | 20.86 0.14 0.67% |
| Symbol | Kuala |
Kuala Lumpur '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 Kuala Lumpur'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 Kuala Lumpur.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Kuala Lumpur on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Kuala Lumpur Kepong or generate 0.0% return on investment in Kuala Lumpur over 720 days. Kuala Lumpur is related to or competes with Choo Bee, Melewar Industrial, Greatech Technology, CB Industrial, Sapura Industrial, and Press Metal. More
Kuala Lumpur 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 Kuala Lumpur'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 Kuala Lumpur Kepong upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 7.93 | |||
| Value At Risk | (2.14) | |||
| Potential Upside | 2.09 |
Kuala Lumpur Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kuala Lumpur's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kuala Lumpur's standard deviation. In reality, there are many statistical measures that can use Kuala Lumpur historical prices to predict the future Kuala Lumpur's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | 0.4435 |
Kuala Lumpur Kepong Backtested Returns
Kuala Lumpur Kepong has Sharpe Ratio of -0.026, which conveys that the firm had a -0.026% return per unit of risk over the last 3 months. Kuala Lumpur exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kuala Lumpur's Mean Deviation of 0.8737, standard deviation of 1.24, and Risk Adjusted Performance of (0.03) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.15, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Kuala Lumpur are expected to decrease at a much lower rate. During the bear market, Kuala Lumpur is likely to outperform the market. At this point, Kuala Lumpur Kepong has a negative expected return of -0.0327%. Please make sure to verify Kuala Lumpur's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Kuala Lumpur Kepong performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.37 |
Poor reverse predictability
Kuala Lumpur Kepong has poor reverse predictability. Overlapping area represents the amount of predictability between Kuala Lumpur time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Kuala Lumpur Kepong price movement. The serial correlation of -0.37 indicates that just about 37.0% of current Kuala Lumpur price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.57 |
Kuala Lumpur Kepong lagged returns against current returns
Autocorrelation, which is Kuala Lumpur 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 Kuala Lumpur's stock expected returns. We can calculate the autocorrelation of Kuala Lumpur returns to help us make a trade decision. For example, suppose you find that Kuala Lumpur 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 |
Kuala Lumpur 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 Kuala Lumpur stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kuala Lumpur stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kuala Lumpur stock over time.
Current vs Lagged Prices |
| Timeline |
Kuala Lumpur Lagged Returns
When evaluating Kuala Lumpur's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kuala Lumpur stock have on its future price. Kuala Lumpur 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, Kuala Lumpur autocorrelation shows the relationship between Kuala Lumpur stock current value and its past values and can show if there is a momentum factor associated with investing in Kuala Lumpur Kepong.
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 Kuala Stock
Kuala Lumpur financial ratios help investors to determine whether Kuala 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 Kuala with respect to the benefits of owning Kuala Lumpur security.