Datasonic Group (Malaysia) Today
| 5216 Stock | 0.46 0.01 2.22% |
Performance5 of 100
| Odds Of DistressLess than 9
|
Datasonic Group is selling for 0.46 as of the 30th of April 2024. This is a 2.22 percent up since the beginning of the trading day. The stock's lowest day price was 0.45. Datasonic Group has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Datasonic Group Bhd are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of March 2024 and ending today, the 30th of April 2024. Click here to learn more.
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Datasonic Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Datasonic Group's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Datasonic Group or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Data Storage (View all Themes) |
| Business Concentration | Data Storage, Software & IT Services, Technology (View all Sectors) |
Datasonic Group Bhd (5216) is traded on Kuala Lumpur Exchange in Malaysia . The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.39 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Datasonic Group's market, we take the total number of its shares issued and multiply it by Datasonic Group's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Datasonic Group Bhd operates under Technology sector and is part of Software & IT Services industry. The entity has 0 outstanding shares.
Datasonic Group generates negative cash flow from operations
Check Datasonic Group Probability Of Bankruptcy
Datasonic Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Datasonic Group jumping above the current price in 90 days from now is about 12.47%. The Datasonic Group Bhd probability density function shows the probability of Datasonic Group stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Datasonic Group Bhd has a beta of -0.4017. This suggests as returns on the benchmark increase, returns on holding Datasonic Group are expected to decrease at a much lower rate. During a bear market, however, Datasonic Group Bhd is likely to outperform the market. Additionally, datasonic Group Bhd has an alpha of 0.0967, implying that it can generate a 0.0967 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Datasonic Group to move above the current price in 90 days from now is about 12.47 (This Datasonic Group Bhd probability density function shows the probability of Datasonic Stock to fall within a particular range of prices over 90 days) .
Datasonic Group Bhd Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Datasonic Group market risk premium is the additional return an investor will receive from holding Datasonic Group long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Datasonic Group. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Datasonic Group's alpha and beta are two of the key measurements used to evaluate Datasonic Group's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.6637 | |||
| Semi Deviation | 0.7862 | |||
| Standard Deviation | 1.24 | |||
| Variance | 1.53 |
Datasonic Stock Against Markets
Picking the right benchmark for Datasonic Group stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Datasonic Group stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Datasonic Group is critical whether you are bullish or bearish towards Datasonic Group Bhd at a given time. Please also check how Datasonic Group's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Datasonic Group without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Datasonic Stock?
Before investing in Datasonic Group, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Datasonic Group. To buy Datasonic Group stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Datasonic Group. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Datasonic Group stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Datasonic Group Bhd stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Datasonic Group Bhd stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Datasonic Group Bhd, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Datasonic Group Bhd?
The danger of trading Datasonic Group Bhd is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Datasonic Group is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Datasonic Group. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Datasonic Group Bhd is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Datasonic Group Bhd. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for Datasonic Stock analysis
When running Datasonic Group's price analysis, check to measure Datasonic Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Datasonic Group is operating at the current time. Most of Datasonic Group's value examination focuses on studying past and present price action to predict the probability of Datasonic Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Datasonic Group's price. Additionally, you may evaluate how the addition of Datasonic Group to your portfolios can decrease your overall portfolio volatility.
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