Berjaya Food (Malaysia) Market Value
| 5196 Stock | 0.31 0.01 3.13% |
| Symbol | Berjaya |
Berjaya Food '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 Berjaya Food'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 Berjaya Food.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in Berjaya Food on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Berjaya Food Bhd or generate 0.0% return on investment in Berjaya Food over 90 days. Berjaya Food is related to or competes with Leader Steel, Star Media, Southern Steel, Petronas Chemicals, Binasat Communications, Icon Offshore, and Alliance Financial. More
Berjaya Food 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 Berjaya Food'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 Berjaya Food Bhd upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 23.7 | |||
| Value At Risk | (3.12) | |||
| Potential Upside | 5.41 |
Berjaya Food Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Berjaya Food's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Berjaya Food's standard deviation. In reality, there are many statistical measures that can use Berjaya Food historical prices to predict the future Berjaya Food's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | 0.1594 | |||
| Treynor Ratio | 1.84 |
Berjaya Food Bhd Backtested Returns
Berjaya Food Bhd secures Sharpe Ratio (or Efficiency) of -0.0595, which signifies that the company had a -0.0595 % return per unit of risk over the last 3 months. Berjaya Food Bhd exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Berjaya Food's Risk Adjusted Performance of (0.05), standard deviation of 3.35, and Mean Deviation of 2.13 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.11, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Berjaya Food are expected to decrease at a much lower rate. During the bear market, Berjaya Food is likely to outperform the market. At this point, Berjaya Food Bhd has a negative expected return of -0.2%. Please make sure to confirm Berjaya Food's jensen alpha, treynor ratio, value at risk, as well as the relationship between the total risk alpha and maximum drawdown , to decide if Berjaya Food Bhd performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.69 |
Very good reverse predictability
Berjaya Food Bhd has very good reverse predictability. Overlapping area represents the amount of predictability between Berjaya Food 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 Berjaya Food Bhd price movement. The serial correlation of -0.69 indicates that around 69.0% of current Berjaya Food price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.69 | |
| Spearman Rank Test | -0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Berjaya Food Bhd lagged returns against current returns
Autocorrelation, which is Berjaya Food 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 Berjaya Food's stock expected returns. We can calculate the autocorrelation of Berjaya Food returns to help us make a trade decision. For example, suppose you find that Berjaya Food 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 |
Berjaya Food 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 Berjaya Food stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Berjaya Food stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Berjaya Food stock over time.
Current vs Lagged Prices |
| Timeline |
Berjaya Food Lagged Returns
When evaluating Berjaya Food's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Berjaya Food stock have on its future price. Berjaya Food 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, Berjaya Food autocorrelation shows the relationship between Berjaya Food stock current value and its past values and can show if there is a momentum factor associated with investing in Berjaya Food 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 Berjaya Stock
Berjaya Food financial ratios help investors to determine whether Berjaya 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 Berjaya with respect to the benefits of owning Berjaya Food security.