ITMAX System (Malaysia) Performance
| 5309 Stock | 3.56 0.01 0.28% |
The company retains a Market Volatility (i.e., Beta) of 0.42, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, ITMAX System's returns are expected to increase less than the market. However, during the bear market, the loss of holding ITMAX System is expected to be smaller as well. At this point, ITMAX System Berhad has a negative expected return of -0.0044%. Please make sure to check out ITMAX System's downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if ITMAX System Berhad performance from the past will be repeated at future time.
Risk-Adjusted Performance
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Over the last 90 days ITMAX System Berhad has generated negative risk-adjusted returns adding no value to investors with long positions. Despite quite persistent basic indicators, ITMAX System is not utilizing all of its potentials. The latest stock price mess, may contribute to short-term losses for the institutional investors. ...more
ITMAX |
ITMAX System Relative Risk vs. Return Landscape
If you would invest 360.00 in ITMAX System Berhad on September 24, 2024 and sell it today you would lose (4.00) from holding ITMAX System Berhad or give up 1.11% of portfolio value over 90 days. ITMAX System Berhad is generating negative expected returns and assumes 1.6294% volatility on return distribution over the 90 days horizon. Simply put, 14% of stocks are less volatile than ITMAX, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
ITMAX System Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ITMAX System's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ITMAX System Berhad, and traders can use it to determine the average amount a ITMAX System's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0027
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| Negative Returns | 5309 |
Estimated Market Risk
| 1.63 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.0 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 ITMAX System 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 ITMAX System by adding ITMAX System to a well-diversified portfolio.
Things to note about ITMAX System Berhad performance evaluation
Checking the ongoing alerts about ITMAX System for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ITMAX System Berhad help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| ITMAX System Berhad generated a negative expected return over the last 90 days |
- Analyzing ITMAX System's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether ITMAX System's stock is overvalued or undervalued compared to its peers.
- Examining ITMAX System's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating ITMAX System's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ITMAX System's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ITMAX System's stock. These opinions can provide insight into ITMAX System's potential for growth and whether the stock is currently undervalued or overvalued.