TIME Dotcom (Malaysia) Market Value
| 5031 Stock | 4.69 0.07 1.52% |
| Symbol | TIME |
TIME Dotcom 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to TIME Dotcom's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of TIME Dotcom.
| 11/24/2024 |
| 12/24/2024 |
If you would invest 0.00 in TIME Dotcom on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding TIME Dotcom Bhd or generate 0.0% return on investment in TIME Dotcom over 30 days. TIME Dotcom is related to or competes with Axiata Group, Telekom Malaysia, Binasat Communications, Scientex Bhd, Genetec Technology, and Hartalega Holdings. More
TIME Dotcom Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure TIME Dotcom's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess TIME Dotcom Bhd upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.29 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 6.13 | |||
| Value At Risk | (2.08) | |||
| Potential Upside | 2.04 |
TIME Dotcom Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TIME Dotcom's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TIME Dotcom's standard deviation. In reality, there are many statistical measures that can use TIME Dotcom historical prices to predict the future TIME Dotcom's volatility.| Risk Adjusted Performance | 0.0064 | |||
| Jensen Alpha | 8.0E-4 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0203 |
TIME Dotcom Bhd Backtested Returns
TIME Dotcom Bhd owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0097, which indicates the firm had a -0.0097% return per unit of standard deviation over the last 3 months. TIME Dotcom Bhd exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TIME Dotcom's coefficient of variation of 28382.6, and Risk Adjusted Performance of 0.0064 to confirm the risk estimate we provide. The entity has a beta of -0.28, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning TIME Dotcom are expected to decrease at a much lower rate. During the bear market, TIME Dotcom is likely to outperform the market. At this point, TIME Dotcom Bhd has a negative expected return of -0.0122%. Please make sure to validate TIME Dotcom's downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if TIME Dotcom Bhd performance from the past will be repeated at future time.
Auto-correlation | -0.32 |
Poor reverse predictability
TIME Dotcom Bhd has poor reverse predictability. Overlapping area represents the amount of predictability between TIME Dotcom time series from 24th of November 2024 to 9th of December 2024 and 9th of December 2024 to 24th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of TIME Dotcom Bhd price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current TIME Dotcom price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.32 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
TIME Dotcom Bhd lagged returns against current returns
Autocorrelation, which is TIME Dotcom stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting TIME Dotcom's stock expected returns. We can calculate the autocorrelation of TIME Dotcom returns to help us make a trade decision. For example, suppose you find that TIME Dotcom has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
TIME Dotcom regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If TIME Dotcom stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TIME Dotcom stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TIME Dotcom stock over time.
Current vs Lagged Prices |
| Timeline |
TIME Dotcom Lagged Returns
When evaluating TIME Dotcom's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TIME Dotcom stock have on its future price. TIME Dotcom autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, TIME Dotcom autocorrelation shows the relationship between TIME Dotcom stock current value and its past values and can show if there is a momentum factor associated with investing in TIME Dotcom Bhd.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in TIME Stock
TIME Dotcom financial ratios help investors to determine whether TIME 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 TIME with respect to the benefits of owning TIME Dotcom security.