Tenaga Nasional Berhad Stock Market Value
| TNABF Stock | USD 3.32 0.01 0.30% |
| Symbol | Tenaga |
Tenaga Nasional '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 Tenaga Nasional's pink sheet 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 Tenaga Nasional.
| 04/24/2025 |
| 07/23/2025 |
If you would invest 0.00 in Tenaga Nasional on April 24, 2025 and sell it all today you would earn a total of 0.00 from holding Tenaga Nasional Berhad or generate 0.0% return on investment in Tenaga Nasional over 90 days. Tenaga Nasional is related to or competes with Alliant Energy, Consolidated Edison, American Electric, Fortis, Edison International, CMS Energy, and CenterPoint Energy. Tenaga Nasional Berhad engages in the generation, transmission, distribution, and sale of electricity in Malaysia and in... More
Tenaga Nasional 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 Tenaga Nasional's pink sheet 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 Tenaga Nasional Berhad upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.91 | |||
| Information Ratio | 0.0267 | |||
| Maximum Drawdown | 25.01 | |||
| Value At Risk | (6.36) | |||
| Potential Upside | 8.74 |
Tenaga Nasional Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tenaga Nasional's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tenaga Nasional's standard deviation. In reality, there are many statistical measures that can use Tenaga Nasional historical prices to predict the future Tenaga Nasional's volatility.| Risk Adjusted Performance | 0.0711 | |||
| Jensen Alpha | 0.1701 | |||
| Total Risk Alpha | (0.49) | |||
| Sortino Ratio | 0.0223 | |||
| Treynor Ratio | 0.4339 |
Tenaga Nasional Berhad Backtested Returns
Tenaga Nasional appears to be risky, given 3 months investment horizon. Tenaga Nasional Berhad owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0485, which indicates the firm had a 0.0485 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Tenaga Nasional Berhad, which you can use to evaluate the volatility of the company. Please review Tenaga Nasional's Semi Deviation of 3.06, risk adjusted performance of 0.0711, and Coefficient Of Variation of 1424.84 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Tenaga Nasional holds a performance score of 3. The entity has a beta of 0.64, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Tenaga Nasional's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tenaga Nasional is expected to be smaller as well. Please check Tenaga Nasional's expected short fall, day typical price, and the relationship between the potential upside and daily balance of power , to make a quick decision on whether Tenaga Nasional's existing price patterns will revert.
Auto-correlation | -0.26 |
Weak reverse predictability
Tenaga Nasional Berhad has weak reverse predictability. Overlapping area represents the amount of predictability between Tenaga Nasional time series from 24th of April 2025 to 8th of June 2025 and 8th of June 2025 to 23rd of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Tenaga Nasional Berhad price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Tenaga Nasional price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | -0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Tenaga Nasional Berhad lagged returns against current returns
Autocorrelation, which is Tenaga Nasional pink sheet'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 Tenaga Nasional's pink sheet expected returns. We can calculate the autocorrelation of Tenaga Nasional returns to help us make a trade decision. For example, suppose you find that Tenaga Nasional has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Tenaga Nasional 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 Tenaga Nasional pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tenaga Nasional pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tenaga Nasional pink sheet over time.
Current vs Lagged Prices |
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Tenaga Nasional Lagged Returns
When evaluating Tenaga Nasional's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tenaga Nasional pink sheet have on its future price. Tenaga Nasional 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, Tenaga Nasional autocorrelation shows the relationship between Tenaga Nasional pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Tenaga Nasional Berhad.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Tenaga Pink Sheet
Tenaga Nasional financial ratios help investors to determine whether Tenaga Pink Sheet 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 Tenaga with respect to the benefits of owning Tenaga Nasional security.