Poh Huat (Malaysia) Market Value
| 7088 Stock | 1.30 0.02 1.52% |
| Symbol | Poh |
Poh Huat '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 Poh Huat'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 Poh Huat.
| 02/04/2023 |
| 12/25/2024 |
If you would invest 0.00 in Poh Huat on February 4, 2023 and sell it all today you would earn a total of 0.00 from holding Poh Huat Resources or generate 0.0% return on investment in Poh Huat over 690 days. Poh Huat is related to or competes with Eonmetall Group, Lotte Chemical, Petronas Chemicals, Kluang Rubber, Sports Toto, and Supercomnet Technologies. More
Poh Huat 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 Poh Huat'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 Poh Huat Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.34 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 6.0 | |||
| Value At Risk | (1.53) | |||
| Potential Upside | 1.54 |
Poh Huat Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Poh Huat's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Poh Huat's standard deviation. In reality, there are many statistical measures that can use Poh Huat historical prices to predict the future Poh Huat's volatility.| Risk Adjusted Performance | 0.0338 | |||
| Jensen Alpha | 0.0254 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.2058 |
Poh Huat Resources Backtested Returns
As of now, Poh Stock is moderately volatile. Poh Huat Resources maintains Sharpe Ratio (i.e., Efficiency) of 0.0051, which implies the firm had a 0.0051% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Poh Huat Resources, which you can use to evaluate the volatility of the company. Please check Poh Huat's Semi Deviation of 0.8352, coefficient of variation of 2528.8, and Risk Adjusted Performance of 0.0338 to confirm if the risk estimate we provide is consistent with the expected return of 0.0053%. The company holds a Beta of 0.15, which implies not very significant fluctuations relative to the market. As returns on the market increase, Poh Huat's returns are expected to increase less than the market. However, during the bear market, the loss of holding Poh Huat is expected to be smaller as well. Poh Huat Resources right now holds a risk of 1.04%. Please check Poh Huat Resources downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to decide if Poh Huat Resources will be following its historical price patterns.
Auto-correlation | -0.62 |
Very good reverse predictability
Poh Huat Resources has very good reverse predictability. Overlapping area represents the amount of predictability between Poh Huat time series from 4th of February 2023 to 15th of January 2024 and 15th of January 2024 to 25th 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 Poh Huat Resources price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current Poh Huat price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.62 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Poh Huat Resources lagged returns against current returns
Autocorrelation, which is Poh Huat 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 Poh Huat's stock expected returns. We can calculate the autocorrelation of Poh Huat returns to help us make a trade decision. For example, suppose you find that Poh Huat 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 |
Poh Huat 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 Poh Huat stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Poh Huat stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Poh Huat stock over time.
Current vs Lagged Prices |
| Timeline |
Poh Huat Lagged Returns
When evaluating Poh Huat's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Poh Huat stock have on its future price. Poh Huat 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, Poh Huat autocorrelation shows the relationship between Poh Huat stock current value and its past values and can show if there is a momentum factor associated with investing in Poh Huat Resources.
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 Poh Stock
Poh Huat financial ratios help investors to determine whether Poh 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 Poh with respect to the benefits of owning Poh Huat security.