EA Technique (Malaysia) Market Value
| 5259 Stock | 0.28 0.01 3.45% |
| Symbol | 5259 |
EA Technique '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 EA Technique'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 EA Technique.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in EA Technique on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding EA Technique M or generate 0.0% return on investment in EA Technique over 90 days. EA Technique is related to or competes with BP Plastics, Radiant Globaltech, Kossan Rubber, Advanced Packaging, Uchi Technologies, and Senheng New. More
EA Technique 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 EA Technique'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 EA Technique M upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0) | |||
| Maximum Drawdown | 17.56 | |||
| Value At Risk | (3.45) | |||
| Potential Upside | 3.57 |
EA Technique Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EA Technique's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EA Technique's standard deviation. In reality, there are many statistical measures that can use EA Technique historical prices to predict the future EA Technique's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | 0.2754 | |||
| Treynor Ratio | (0.31) |
EA Technique M Backtested Returns
EA Technique M retains Efficiency (Sharpe Ratio) of -0.0192, which denotes the company had a -0.0192 % return per unit of price deviation over the last 3 months. EA Technique exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm EA Technique's Standard Deviation of 3.12, insignificant information ratio, and Market Risk Adjusted Performance of (0.30) to check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 0.37, which means possible diversification benefits within a given portfolio. As returns on the market increase, EA Technique's returns are expected to increase less than the market. However, during the bear market, the loss of holding EA Technique is expected to be smaller as well. At this point, EA Technique M has a negative expected return of -0.0623%. Please make sure to confirm EA Technique's market risk adjusted performance, coefficient of variation, jensen alpha, as well as the relationship between the mean deviation and standard deviation , to decide if EA Technique M performance from the past will be repeated sooner or later.
Auto-correlation | -0.61 |
Very good reverse predictability
EA Technique M has very good reverse predictability. Overlapping area represents the amount of predictability between EA Technique 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 EA Technique M price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current EA Technique price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.61 | |
| Spearman Rank Test | -0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
EA Technique M lagged returns against current returns
Autocorrelation, which is EA Technique 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 EA Technique's stock expected returns. We can calculate the autocorrelation of EA Technique returns to help us make a trade decision. For example, suppose you find that EA Technique 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 |
EA Technique 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 EA Technique stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EA Technique stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EA Technique stock over time.
Current vs Lagged Prices |
| Timeline |
EA Technique Lagged Returns
When evaluating EA Technique's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EA Technique stock have on its future price. EA Technique 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, EA Technique autocorrelation shows the relationship between EA Technique stock current value and its past values and can show if there is a momentum factor associated with investing in EA Technique M.
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 5259 Stock
EA Technique financial ratios help investors to determine whether 5259 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 5259 with respect to the benefits of owning EA Technique security.