PIE Industrial (Malaysia) Price on September 6, 2024
| 7095 Stock | 6.25 0.05 0.79% |
If you're considering investing in PIE Stock, it is important to understand the factors that can impact its price. As of today, the current price of PIE Industrial stands at 6.25, as last reported on the 11th of December 2024, with the highest price reaching 6.44 and the lowest price hitting 6.13 during the day. PIE Industrial appears to be somewhat reliable, given 3 months investment horizon. PIE Industrial Bhd maintains Sharpe Ratio (i.e., Efficiency) of 0.18, which implies the firm had a 0.18% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for PIE Industrial Bhd, which you can use to evaluate the volatility of the company. Please evaluate PIE Industrial's Risk Adjusted Performance of 0.0982, mean deviation of 1.35, and Semi Deviation of 1.5 to confirm if our risk estimates are consistent with your expectations.
PIE Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
PIE |
Sharpe Ratio = 0.1811
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 7095 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.89 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average PIE Industrial is performing at about 14% 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 PIE Industrial by adding it to a well-diversified portfolio.
PIE Industrial Valuation on September 6, 2024
It is possible to determine the worth of PIE Industrial on a given historical date. On September 6, 2024 PIE was worth 5.09 at the beginning of the trading date compared to the closed value of 5.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PIE Industrial stock. Still, in general, we apply an absolute valuation method to find PIE Industrial'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 PIE Industrial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PIE Industrial's related companies.
| Open | High | Low | Close | Volume | |
| 5.40 | 5.40 | 5.05 | 5.21 | 344,600 | |
09/06/2024 | 5.09 | 5.40 | 5.08 | 5.36 | 334,800 |
| 5.26 | 5.29 | 5.18 | 5.21 | 255,300 |
| Backtest PIE Industrial | | | PIE Industrial History | | | PIE Industrial Valuation | Previous | Next |
PIE Industrial Trading Date Momentum on September 6, 2024
| On September 09 2024 PIE Industrial Bhd was traded for 5.21 at the closing time. The highest price during the trading period was 5.29 and the lowest recorded bid was listed for 5.18 . The volume for the day was 255.3 K. This history from September 9, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.80% . The trading delta at closing time to the current price is 1.87% . |
PIE Industrial Bhd Fundamentals Correlations and Trends
By evaluating PIE Industrial'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 PIE Industrial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. PIE financial account trend analysis is a perfect complement when working with valuation or volatility modules.About PIE Industrial Stock history
PIE Industrial 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 PIE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PIE Industrial 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 PIE Industrial stock prices may prove useful in developing a viable investing in PIE Industrial
PIE Industrial Stock Technical Analysis
PIE Industrial 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
PIE Industrial Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
PIE Industrial 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.
PIE Industrial December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how PIE Industrial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PIE Industrial shares will generate the highest return on investment. By undertsting and applying PIE Industrial stock market strength indicators, traders can identify PIE Industrial Bhd entry and exit signals to maximize returns
PIE Industrial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PIE Industrial's price direction in advance. Along with the technical and fundamental analysis of PIE Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of PIE 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 | 0.0982 | |||
| Jensen Alpha | 0.2111 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0706 | |||
| Treynor Ratio | 0.8944 |
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| Statistic Functions | ||
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| Volume Indicators |
Other Information on Investing in PIE Stock
PIE Industrial financial ratios help investors to determine whether PIE 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 PIE with respect to the benefits of owning PIE Industrial security.