Alliance Financial (Malaysia) Price on December 11, 2024
| 2488 Stock | 4.86 0.02 0.41% |
If you're considering investing in Alliance Stock, it is important to understand the factors that can impact its price. As of today, the current price of Alliance Financial stands at 4.86, as last reported on the 14th of December 2024, with the highest price reaching 4.89 and the lowest price hitting 4.85 during the day. Alliance Financial appears to be somewhat reliable, given 3 months investment horizon. Alliance Financial secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Alliance Financial Group, which you can use to evaluate the volatility of the firm. Please makes use of Alliance Financial's Risk Adjusted Performance of 0.1009, downside deviation of 1.51, and Mean Deviation of 1.05 to double-check if our risk estimates are consistent with your expectations.
Alliance Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Alliance |
Sharpe Ratio = 0.1314
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 2488 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.67 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Alliance Financial is performing at about 10% 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 Alliance Financial by adding it to a well-diversified portfolio.
Alliance Financial Valuation on December 11, 2024
It is possible to determine the worth of Alliance Financial on a given historical date. On December 11, 2024 Alliance was worth 4.81 at the beginning of the trading date compared to the closed value of 4.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alliance Financial stock. Still, in general, we apply an absolute valuation method to find Alliance Financial'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 Alliance Financial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alliance Financial's related companies.
| Open | High | Low | Close | Volume | |
| 4.81 | 4.81 | 4.79 | 4.81 | 605,800 | |
12/11/2024 | 4.81 | 4.86 | 4.81 | 4.81 | 3,146,500 |
| 4.87 | 4.89 | 4.76 | 4.88 | 3,000,700 |
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Alliance Financial Trading Date Momentum on December 11, 2024
| On December 12 2024 Alliance Financial Group was traded for 4.88 at the closing time. The highest price during the trading period was 4.89 and the lowest recorded bid was listed for 4.76 . The volume for the day was 3 M. This history from December 12, 2024 contributed to the next trading day price upswing. The daily price change to the next closing price was 1.46% . The overall trading delta to the current price is 1.46% . |
Alliance Financial Fundamentals Correlations and Trends
By evaluating Alliance Financial'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 Alliance Financial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alliance financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alliance Financial Stock history
Alliance Financial 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 Alliance is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alliance Financial 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 Alliance Financial stock prices may prove useful in developing a viable investing in Alliance Financial
Alliance Financial Stock Technical Analysis
Alliance Financial 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
Alliance Financial Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Alliance Financial Group 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.
Alliance Financial December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Alliance Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alliance Financial shares will generate the highest return on investment. By undertsting and applying Alliance Financial stock market strength indicators, traders can identify Alliance Financial Group entry and exit signals to maximize returns
Alliance Financial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alliance Financial's price direction in advance. Along with the technical and fundamental analysis of Alliance Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alliance 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 | 0.1009 | |||
| Jensen Alpha | 0.2091 | |||
| Total Risk Alpha | 0.0019 | |||
| Sortino Ratio | 0.077 | |||
| Treynor Ratio | (7.00) |
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| Math Transform | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Alliance Stock
Alliance Financial financial ratios help investors to determine whether Alliance 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 Alliance with respect to the benefits of owning Alliance Financial security.