Computer Forms (Malaysia) Market Value
| 8044 Stock | 0.09 0.01 5.56% |
| Symbol | Computer |
Computer Forms '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 Computer Forms' 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 Computer Forms.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Computer Forms on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Computer Forms Bhd or generate 0.0% return on investment in Computer Forms over 90 days. Computer Forms is related to or competes with Kossan Rubber, Press Metal, KPJ Healthcare, and Senheng New. More
Computer Forms 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 Computer Forms' 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 Computer Forms Bhd upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 43.64 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 10.0 |
Computer Forms Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Computer Forms' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Computer Forms' standard deviation. In reality, there are many statistical measures that can use Computer Forms historical prices to predict the future Computer Forms' volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | 0.4723 | |||
| Treynor Ratio | (0.84) |
Computer Forms Bhd Backtested Returns
Computer Forms Bhd secures Sharpe Ratio (or Efficiency) of -0.053, which signifies that the company had a -0.053 % return per unit of risk over the last 3 months. Computer Forms Bhd exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Computer Forms' Mean Deviation of 3.69, standard deviation of 6.46, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.4, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Computer Forms' returns are expected to increase less than the market. However, during the bear market, the loss of holding Computer Forms is expected to be smaller as well. At this point, Computer Forms Bhd has a negative expected return of -0.36%. Please make sure to confirm Computer Forms' jensen alpha, treynor ratio, and the relationship between the information ratio and total risk alpha , to decide if Computer Forms Bhd performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.62 |
Good predictability
Computer Forms Bhd has good predictability. Overlapping area represents the amount of predictability between Computer Forms 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 Computer Forms Bhd price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Computer Forms price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Computer Forms Bhd lagged returns against current returns
Autocorrelation, which is Computer Forms 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 Computer Forms' stock expected returns. We can calculate the autocorrelation of Computer Forms returns to help us make a trade decision. For example, suppose you find that Computer Forms 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 |
Computer Forms 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 Computer Forms stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Computer Forms stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Computer Forms stock over time.
Current vs Lagged Prices |
| Timeline |
Computer Forms Lagged Returns
When evaluating Computer Forms' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Computer Forms stock have on its future price. Computer Forms 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, Computer Forms autocorrelation shows the relationship between Computer Forms stock current value and its past values and can show if there is a momentum factor associated with investing in Computer Forms 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 Computer Stock
Computer Forms financial ratios help investors to determine whether Computer 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 Computer with respect to the benefits of owning Computer Forms security.