Gamuda Bhd's market value is the price at which a share of Gamuda Bhd trades on a public exchange. It measures the collective expectations of Gamuda Bhd investors about its performance. Gamuda Bhd is selling for 9.61 as of the 17th of December 2024. This is a 0.10 percent increase since the beginning of the trading day. The stock's lowest day price was 9.58. With this module, you can estimate the performance of a buy and hold strategy of Gamuda Bhd and determine expected loss or profit from investing in Gamuda Bhd 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
Gamuda
Gamuda Bhd '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 Gamuda Bhd'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 Gamuda Bhd.
0.00
11/17/2024
No Change 0.00
0.0
In 31 days
12/17/2024
0.00
If you would invest 0.00 in Gamuda Bhd on November 17, 2024 and sell it all today you would earn a total of 0.00 from holding Gamuda Bhd or generate 0.0% return on investment in Gamuda Bhd over 30 days.
Gamuda Bhd 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 Gamuda Bhd'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 Gamuda 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 Gamuda Bhd's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gamuda Bhd's standard deviation. In reality, there are many statistical measures that can use Gamuda Bhd historical prices to predict the future Gamuda Bhd's volatility.
Gamuda Bhd appears to be not too volatile, given 3 months investment horizon. Gamuda Bhd holds Efficiency (Sharpe) Ratio of 0.23, which attests that the entity had a 0.23% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Gamuda Bhd, which you can use to evaluate the volatility of the firm. Please utilize Gamuda Bhd's Downside Deviation of 1.11, market risk adjusted performance of 3.51, and Risk Adjusted Performance of 0.2037 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Gamuda Bhd holds a performance score of 18. The company retains a Market Volatility (i.e., Beta) of 0.11, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Gamuda Bhd's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gamuda Bhd is expected to be smaller as well. Please check Gamuda Bhd's information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Gamuda Bhd's current trending patterns will revert.
Auto-correlation
0.10
Insignificant predictability
Gamuda Bhd has insignificant predictability. Overlapping area represents the amount of predictability between Gamuda Bhd time series from 17th of November 2024 to 2nd of December 2024 and 2nd of December 2024 to 17th 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 Gamuda Bhd price movement. The serial correlation of 0.1 indicates that less than 10.0% of current Gamuda Bhd price fluctuation can be explain by its past prices.
Correlation Coefficient
0.1
Spearman Rank Test
0.36
Residual Average
0.0
Price Variance
0.05
Gamuda Bhd lagged returns against current returns
Autocorrelation, which is Gamuda Bhd 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 Gamuda Bhd's stock expected returns. We can calculate the autocorrelation of Gamuda Bhd returns to help us make a trade decision. For example, suppose you find that Gamuda Bhd 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
Gamuda Bhd 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 Gamuda Bhd stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gamuda Bhd stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gamuda Bhd stock over time.
Current vs Lagged Prices
Timeline
Gamuda Bhd Lagged Returns
When evaluating Gamuda Bhd's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gamuda Bhd stock have on its future price. Gamuda Bhd 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, Gamuda Bhd autocorrelation shows the relationship between Gamuda Bhd stock current value and its past values and can show if there is a momentum factor associated with investing in Gamuda Bhd.
Regressed Prices
Timeline
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