Datasonic Group (Malaysia) Price on October 8, 2024

5216 Stock   0.43  0.01  2.27%   
If you're considering investing in Datasonic Stock, it is important to understand the factors that can impact its price. As of today, the current price of Datasonic Group stands at 0.43, as last reported on the 15th of December 2024, with the highest price reaching 0.45 and the lowest price hitting 0.43 during the day. Datasonic Group Bhd secures Sharpe Ratio (or Efficiency) of -0.0247, which denotes the company had a -0.0247% return per unit of risk over the last 3 months. Datasonic Group Bhd exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Datasonic Group's Mean Deviation of 1.34, variance of 4.12, and Standard Deviation of 2.03 to check the risk estimate we provide.
  
Datasonic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0247

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Negative Returns5216

Estimated Market Risk

 2.04
  actual daily
18
82% of assets are more volatile

Expected Return

 -0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Datasonic Group 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 Datasonic Group by adding Datasonic Group to a well-diversified portfolio.

Datasonic Group Valuation on October 8, 2024

It is possible to determine the worth of Datasonic Group on a given historical date. On October 8, 2024 Datasonic was worth 0.44 at the beginning of the trading date compared to the closed value of 0.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Datasonic Group stock. Still, in general, we apply an absolute valuation method to find Datasonic Group'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 Datasonic Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Datasonic Group's related companies.
 Open High Low Close Volume
  0.45    0.46    0.44    0.44    4,332,300  
10/08/2024
  0.44    0.45    0.44    0.44    1,180,100  
  0.45    0.45    0.44    0.45    1,692,500  
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Open Value
0.44
0.44
Closing Value
6.56
Upside

Datasonic Group Trading Date Momentum on October 8, 2024

On October 09 2024 Datasonic Group Bhd was traded for  0.45  at the closing time. The highest price during the trading period was 0.45  and the lowest recorded bid was listed for  0.44 . The volume for the day was 1.7 M. This history from October 9, 2024 contributed to the next trading day price upswing. The daily price change to the next closing price was 2.27% . The overall trading delta to the current price is 0.00% .

Datasonic Group Bhd Fundamentals Correlations and Trends

By evaluating Datasonic Group'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 Datasonic Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Datasonic financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Datasonic Group Stock history

Datasonic Group 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 Datasonic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Datasonic Group 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 Datasonic Group stock prices may prove useful in developing a viable investing in Datasonic Group

Datasonic Group Stock Technical Analysis

Datasonic Group 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 Datasonic Group technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Datasonic Group 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

Datasonic Group Period Price Range

Low
December 15, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Datasonic Group 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.

Datasonic Group December 15, 2024 Market Strength

Market strength indicators help investors to evaluate how Datasonic Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Datasonic Group shares will generate the highest return on investment. By undertsting and applying Datasonic Group stock market strength indicators, traders can identify Datasonic Group Bhd entry and exit signals to maximize returns

Datasonic Group Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Datasonic Group's price direction in advance. Along with the technical and fundamental analysis of Datasonic Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Datasonic 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 Datasonic Stock

Datasonic Group financial ratios help investors to determine whether Datasonic 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 Datasonic with respect to the benefits of owning Datasonic Group security.