JAKS Resources (Malaysia) Price on April 27, 2023

4723 Stock   0.13  0.01  7.14%   
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 0.13, as last reported on the 30th of December, with the highest price reaching 0.14 and the lowest price hitting 0.13 during the day. JAKS Resources Bhd holds Efficiency (Sharpe) Ratio of -0.0039, which attests that the company had a -0.0039% return per unit of risk over the last 3 months. JAKS Resources Bhd exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out JAKS Resources' standard deviation of 4.51, and Coefficient Of Variation of (25,863) to validate the risk estimate we provide.
  
JAKS Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0039

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Negative Returns4723

Estimated Market Risk

 4.51
  actual daily
40
60% of assets are more volatile

Expected Return

 -0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average JAKS Resources is not performing at its full potential. However, 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 JAKS Resources to a well-diversified portfolio.

JAKS Resources Valuation on April 27, 2023

It is possible to determine the worth of JAKS Resources on a given historical date. On April 27, 2023 JAKS was worth 0.22 at the beginning of the trading date compared to the closed value of 0.23. 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
  0.22    0.23    0.22    0.22    3,379,300  
04/27/2023
  0.22    0.23    0.22    0.23    2,534,300  
  0.22    0.23    0.22    0.22    1,080,300  
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Open Value
0.22
0.23
Closing Value
13.76
Upside

JAKS Resources Trading Date Momentum on April 27, 2023

On April 28 2023 JAKS Resources Bhd was traded for  0.22  at the closing time. The highest price during the trading period was 0.23  and the lowest recorded bid was listed for  0.22 . The volume for the day was 1.1 M. This history from April 28, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 4.35% . The trading delta at closing time to the current price is 4.35% .

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.
A focus of JAKS Resources technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of JAKS Resources trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

JAKS Resources Period Price Range

Low
December 30, 2024
0.00  NaN%
High

 0.00 

     

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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 30, 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.

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.