ViTrox Bhd (Malaysia) Price on August 27, 2024
| 0097 Stock | 3.81 0.27 7.63% |
If you're considering investing in ViTrox Stock, it is important to understand the factors that can impact its price. As of today, the current price of ViTrox Bhd stands at 3.81, as last reported on the 14th of December 2024, with the highest price reaching 3.82 and the lowest price hitting 3.53 during the day. ViTrox Bhd appears to be moderately volatile, given 3 months investment horizon. ViTrox Bhd owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the firm had a 0.1% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for ViTrox Bhd, which you can use to evaluate the volatility of the company. Please review ViTrox Bhd's Risk Adjusted Performance of 0.0989, coefficient of variation of 792.47, and Semi Deviation of 2.07 to confirm if our risk estimates are consistent with your expectations.
ViTrox Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ViTrox |
Sharpe Ratio = 0.1029
| Best Portfolio | Best Equity | |||
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Estimated Market Risk
| 2.65 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average ViTrox Bhd is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ViTrox Bhd by adding it to a well-diversified portfolio.
ViTrox Bhd Valuation on August 27, 2024
It is possible to determine the worth of ViTrox Bhd on a given historical date. On August 27, 2024 ViTrox was worth 3.8 at the beginning of the trading date compared to the closed value of 3.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ViTrox Bhd stock. Still, in general, we apply an absolute valuation method to find ViTrox Bhd's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of ViTrox Bhd where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ViTrox Bhd's related companies.
| Open | High | Low | Close | Volume | |
| 3.82 | 3.86 | 3.80 | 3.80 | 944,300 | |
08/27/2024 | 3.80 | 3.85 | 3.72 | 3.72 | 1,246,400 |
| 3.71 | 3.85 | 3.66 | 3.70 | 823,100 |
| Backtest ViTrox Bhd | | | ViTrox Bhd History | | | ViTrox Bhd Valuation | Previous | Next |
ViTrox Bhd Trading Date Momentum on August 27, 2024
| On August 28 2024 ViTrox Bhd was traded for 3.70 at the closing time. The highest price during the trading period was 3.85 and the lowest recorded bid was listed for 3.66 . The volume for the day was 823.1 K. This history from August 28, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.54% . The trading price change to the current price is 8.60% . |
ViTrox Bhd Fundamentals Correlations and Trends
By evaluating ViTrox Bhd's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ViTrox Bhd's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ViTrox financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ViTrox Bhd Stock history
ViTrox Bhd investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for ViTrox is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ViTrox Bhd will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing ViTrox Bhd stock prices may prove useful in developing a viable investing in ViTrox Bhd
ViTrox Bhd Stock Technical Analysis
ViTrox Bhd technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
ViTrox Bhd Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
ViTrox Bhd cannot be verified against its exchange. Please verify the symbol is currently traded on Kuala Lumpur Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
ViTrox Bhd December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how ViTrox Bhd stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ViTrox Bhd shares will generate the highest return on investment. By undertsting and applying ViTrox Bhd stock market strength indicators, traders can identify ViTrox Bhd entry and exit signals to maximize returns
ViTrox Bhd Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ViTrox Bhd's price direction in advance. Along with the technical and fundamental analysis of ViTrox Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ViTrox to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0989 | |||
| Jensen Alpha | 0.2523 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.1009 | |||
| Treynor Ratio | 0.3482 |
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Other Information on Investing in ViTrox Stock
ViTrox Bhd financial ratios help investors to determine whether ViTrox 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 ViTrox with respect to the benefits of owning ViTrox Bhd security.