Scientex Bhd (Malaysia) Price on October 2, 2023
| 4731 Stock | 4.57 0.34 8.04% |
If you're considering investing in Scientex Stock, it is important to understand the factors that can impact its price. As of today, the current price of Scientex Bhd stands at 4.57, as last reported on the 27th of December, with the highest price reaching 4.57 and the lowest price hitting 4.26 during the day. As of now, Scientex Stock is slightly risky. Scientex Bhd owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0625, which indicates the firm had a 0.0625% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Scientex Bhd, which you can use to evaluate the volatility of the company. Please validate Scientex Bhd's Risk Adjusted Performance of 0.0757, coefficient of variation of 1125.06, and Semi Deviation of 1.1 to confirm if the risk estimate we provide is consistent with the expected return of 0.1%.
Scientex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Scientex |
Sharpe Ratio = 0.0625
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| Cash | Small Risk | 4731 | High Risk | Huge Risk |
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Estimated Market Risk
| 1.67 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Scientex Bhd is performing at about 4% 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 Scientex Bhd by adding it to a well-diversified portfolio.
Scientex Bhd Valuation on October 2, 2023
It is possible to determine the worth of Scientex Bhd on a given historical date. On October 2, 2023 Scientex was worth 3.61 at the beginning of the trading date compared to the closed value of 3.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Scientex Bhd stock. Still, in general, we apply an absolute valuation method to find Scientex 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 Scientex Bhd where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Scientex Bhd's related companies.
| Open | High | Low | Close | Volume | |
| 3.64 | 3.65 | 3.61 | 3.61 | 172,000 | |
10/02/2023 | 3.61 | 3.65 | 3.60 | 3.60 | 417,100 |
| 3.60 | 3.61 | 3.55 | 3.55 | 351,800 |
| Backtest Scientex Bhd | | | Scientex Bhd History | | | Scientex Bhd Valuation | Previous | Next |
Scientex Bhd Trading Date Momentum on October 2, 2023
| On October 03 2023 Scientex Bhd was traded for 3.55 at the closing time. The highest price during the trading period was 3.61 and the lowest recorded bid was listed for 3.55 . The volume for the day was 351.8 K. This history from October 3, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.39% . The trading price change to the current price is 0.83% . |
Scientex Bhd Fundamentals Correlations and Trends
By evaluating Scientex 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 Scientex Bhd's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Scientex financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Scientex Bhd Stock history
Scientex 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 Scientex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Scientex 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 Scientex Bhd stock prices may prove useful in developing a viable investing in Scientex Bhd
Scientex Bhd Stock Technical Analysis
Scientex 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
Scientex Bhd Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Scientex 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.
Scientex Bhd December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Scientex 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 Scientex Bhd shares will generate the highest return on investment. By undertsting and applying Scientex Bhd stock market strength indicators, traders can identify Scientex Bhd entry and exit signals to maximize returns
Scientex Bhd Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Scientex Bhd's price direction in advance. Along with the technical and fundamental analysis of Scientex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Scientex 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 | 0.0757 | |||
| Jensen Alpha | 0.1279 | |||
| Total Risk Alpha | 0.0459 | |||
| Sortino Ratio | 0.0702 | |||
| Treynor Ratio | 0.8983 |
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Other Information on Investing in Scientex Stock
Scientex Bhd financial ratios help investors to determine whether Scientex 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 Scientex with respect to the benefits of owning Scientex Bhd security.