Sungei Bagan (Malaysia) Market Value
| 2569 Stock | 5.70 0.05 0.88% |
| Symbol | Sungei |
Sungei Bagan '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 Sungei Bagan'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 Sungei Bagan.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Sungei Bagan on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Sungei Bagan Rubber or generate 0.0% return on investment in Sungei Bagan over 90 days. Sungei Bagan is related to or competes with JF Technology, Uchi Technologies, Al Aqar, Awanbiru Technology, and Sunway Construction. More
Sungei Bagan 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 Sungei Bagan'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 Sungei Bagan Rubber upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9452 | |||
| Information Ratio | 0.1682 | |||
| Maximum Drawdown | 3.9 | |||
| Value At Risk | (1.67) | |||
| Potential Upside | 1.74 |
Sungei Bagan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sungei Bagan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sungei Bagan's standard deviation. In reality, there are many statistical measures that can use Sungei Bagan historical prices to predict the future Sungei Bagan's volatility.| Risk Adjusted Performance | 0.0512 | |||
| Jensen Alpha | 0.0586 | |||
| Total Risk Alpha | 0.1556 | |||
| Sortino Ratio | 0.1605 | |||
| Treynor Ratio | 0.291 |
Sungei Bagan Rubber Backtested Returns
As of now, Sungei Stock is not too volatile. Sungei Bagan Rubber owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the firm had a 0.1 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Sungei Bagan Rubber, which you can use to evaluate the volatility of the company. Please validate Sungei Bagan's Semi Deviation of 0.762, risk adjusted performance of 0.0512, and Coefficient Of Variation of 1713.01 to confirm if the risk estimate we provide is consistent with the expected return of 0.0943%. Sungei Bagan has a performance score of 8 on a scale of 0 to 100. The entity has a beta of 0.15, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sungei Bagan's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sungei Bagan is expected to be smaller as well. Sungei Bagan Rubber right now has a risk of 0.91%. Please validate Sungei Bagan standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Sungei Bagan will be following its existing price patterns.
Auto-correlation | -0.83 |
Excellent reverse predictability
Sungei Bagan Rubber has excellent reverse predictability. Overlapping area represents the amount of predictability between Sungei Bagan time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Sungei Bagan Rubber price movement. The serial correlation of -0.83 indicates that around 83.0% of current Sungei Bagan price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.83 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Sungei Bagan Rubber lagged returns against current returns
Autocorrelation, which is Sungei Bagan 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 Sungei Bagan's stock expected returns. We can calculate the autocorrelation of Sungei Bagan returns to help us make a trade decision. For example, suppose you find that Sungei Bagan 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 |
Sungei Bagan 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 Sungei Bagan stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sungei Bagan stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sungei Bagan stock over time.
Current vs Lagged Prices |
| Timeline |
Sungei Bagan Lagged Returns
When evaluating Sungei Bagan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sungei Bagan stock have on its future price. Sungei Bagan 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, Sungei Bagan autocorrelation shows the relationship between Sungei Bagan stock current value and its past values and can show if there is a momentum factor associated with investing in Sungei Bagan Rubber.
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 Sungei Stock
Sungei Bagan financial ratios help investors to determine whether Sungei 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 Sungei with respect to the benefits of owning Sungei Bagan security.