Pentamaster Bhd's market value is the price at which a share of Pentamaster Bhd trades on a public exchange. It measures the collective expectations of Pentamaster Bhd investors about its performance. Pentamaster Bhd is selling for 4.05 as of the 26th of December 2024. This is a 0.25 percent increase since the beginning of the trading day. The stock's lowest day price was 4.02. With this module, you can estimate the performance of a buy and hold strategy of Pentamaster Bhd and determine expected loss or profit from investing in Pentamaster 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
Pentamaster
Pentamaster 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 Pentamaster 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 Pentamaster Bhd.
0.00
11/26/2024
No Change 0.00
0.0
In 30 days
12/26/2024
0.00
If you would invest 0.00 in Pentamaster Bhd on November 26, 2024 and sell it all today you would earn a total of 0.00 from holding Pentamaster Bhd or generate 0.0% return on investment in Pentamaster Bhd over 30 days.
Pentamaster 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 Pentamaster 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 Pentamaster 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 Pentamaster Bhd's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pentamaster Bhd's standard deviation. In reality, there are many statistical measures that can use Pentamaster Bhd historical prices to predict the future Pentamaster Bhd's volatility.
Pentamaster Bhd appears to be moderately volatile, given 3 months investment horizon. Pentamaster Bhd maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Pentamaster Bhd, which you can use to evaluate the volatility of the company. Please evaluate Pentamaster Bhd's Coefficient Of Variation of 1603.19, semi deviation of 1.87, and Risk Adjusted Performance of 0.0572 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Pentamaster Bhd holds a performance score of 8. The company holds a Beta of 0.28, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pentamaster Bhd's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pentamaster Bhd is expected to be smaller as well. Please check Pentamaster Bhd's downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Pentamaster Bhd's historical price patterns will revert.
Auto-correlation
-0.47
Modest reverse predictability
Pentamaster Bhd has modest reverse predictability. Overlapping area represents the amount of predictability between Pentamaster Bhd time series from 26th of November 2024 to 11th of December 2024 and 11th of December 2024 to 26th 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 Pentamaster Bhd price movement. The serial correlation of -0.47 indicates that about 47.0% of current Pentamaster Bhd price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.47
Spearman Rank Test
-0.47
Residual Average
0.0
Price Variance
0.0
Pentamaster Bhd lagged returns against current returns
Autocorrelation, which is Pentamaster 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 Pentamaster Bhd's stock expected returns. We can calculate the autocorrelation of Pentamaster Bhd returns to help us make a trade decision. For example, suppose you find that Pentamaster 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
Pentamaster 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 Pentamaster Bhd stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pentamaster Bhd stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pentamaster Bhd stock over time.
Current vs Lagged Prices
Timeline
Pentamaster Bhd Lagged Returns
When evaluating Pentamaster Bhd's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pentamaster Bhd stock have on its future price. Pentamaster 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, Pentamaster Bhd autocorrelation shows the relationship between Pentamaster Bhd stock current value and its past values and can show if there is a momentum factor associated with investing in Pentamaster 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.