JAKS Resources (Malaysia) Price on February 29, 2024
4723 Stock | 0.14 0.01 7.69% |
If you're considering investing in JAKS Stock, it is important to understand the factors that can impact its price. As of today, the current price of JAKS Resources stands at 0.14, as last reported on the 26th of December, with the highest price reaching 0.14 and the lowest price hitting 0.14 during the day. As of now, JAKS Stock is out of control. JAKS Resources Bhd holds Efficiency (Sharpe) Ratio of 0.0217, which attests that the company had a 0.0217% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for JAKS Resources Bhd, which you can use to evaluate the volatility of the entity. Please check out JAKS Resources' downside deviation of 7.49, and Semi Deviation of 3.21 to validate if the risk estimate we provide is consistent with the expected return of 0.0959%.
JAKS Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
JAKS |
Sharpe Ratio = 0.0217
Best Portfolio | Best Equity | |||
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Cash | Small Risk | Average Risk | 4723 | Huge Risk |
Negative Returns |
Estimated Market Risk
4.42 actual daily | 39 61% of assets are more volatile |
Expected Return
0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average JAKS Resources is performing at about 1% 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 JAKS Resources by adding it to a well-diversified portfolio.
JAKS Resources Valuation on February 29, 2024
It is possible to determine the worth of JAKS Resources on a given historical date. On February 29, 2024 JAKS was worth 0.19 at the beginning of the trading date compared to the closed value of 0.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of JAKS Resources stock. Still, in general, we apply an absolute valuation method to find JAKS Resources' 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 JAKS Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against JAKS Resources' related companies.
Open | High | Low | Close | Volume | |
0.19 | 0.20 | 0.19 | 0.19 | 1,963,800 | |
02/29/2024 | 0.19 | 0.19 | 0.19 | 0.19 | 1,614,700 |
0.19 | 0.19 | 0.18 | 0.18 | 21,725,700 |
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JAKS Resources Trading Date Momentum on February 29, 2024
On March 01 2024 JAKS Resources Bhd was traded for 0.18 at the closing time. The highest price during the trading period was 0.19 and the lowest recorded bid was listed for 0.18 . The volume for the day was 21.7 M. This history from March 1, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 5.26% . The trading delta at closing time to the current price is 15.79% . |
JAKS Resources Bhd Fundamentals Correlations and Trends
By evaluating JAKS Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among JAKS Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. JAKS financial account trend analysis is a perfect complement when working with valuation or volatility modules.About JAKS Resources Stock history
JAKS Resources 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 JAKS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in JAKS Resources 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 JAKS Resources stock prices may prove useful in developing a viable investing in JAKS Resources
JAKS Resources Stock Technical Analysis
JAKS Resources 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
JAKS Resources Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
JAKS Resources 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.
JAKS Resources December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how JAKS Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading JAKS Resources shares will generate the highest return on investment. By undertsting and applying JAKS Resources stock market strength indicators, traders can identify JAKS Resources Bhd entry and exit signals to maximize returns
JAKS Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for JAKS Resources' price direction in advance. Along with the technical and fundamental analysis of JAKS Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of JAKS 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 | 0.0251 | |||
Jensen Alpha | 0.0919 | |||
Total Risk Alpha | (0.11) | |||
Sortino Ratio | 0.0063 | |||
Treynor Ratio | (0.28) |
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Other Information on Investing in JAKS Stock
JAKS Resources financial ratios help investors to determine whether JAKS 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 JAKS with respect to the benefits of owning JAKS Resources security.