Axiata Group (Malaysia) Today
| 6888 Stock | 2.83 0.03 1.07% |
Performance4 of 100
| Odds Of DistressOver 59
|
Axiata Group is selling for 2.83 as of the 30th of April 2024. This is a 1.07 percent increase since the beginning of the trading day. The stock's lowest day price was 2.81. Axiata Group has over 59 % chance of experiencing financial distress in the next 2 years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Axiata 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.
Moving against Axiata Stock
| 0.47 | 7153 | Kossan Rubber Industries | PairCorr |
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Axiata 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. Axiata Group's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Axiata Group or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Telecommunications Services (View all Sectors) |
Axiata Group Bhd (6888) is traded on Kuala Lumpur Exchange in Malaysia . The company currently falls under 'Large-Cap' category with a current market capitalization of 27.9 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Axiata Group's market, we take the total number of its shares issued and multiply it by Axiata 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. Axiata Group Bhd has 0 outstanding shares.
Axiata Group generates positive cash flow from operations, but has no cash available
Check Axiata Group Probability Of Bankruptcy
Axiata Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Axiata Group jumping above the current price in 90 days from now is under 4%. The Axiata Group Bhd probability density function shows the probability of Axiata Group stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Axiata Group has a beta of 0.082. This suggests as returns on the market go up, Axiata Group average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Axiata Group Bhd will be expected to be much smaller as well. Additionally, axiata Group Bhd has an alpha of 0.1722, implying that it can generate a 0.17 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Axiata Group to move above the current price in 90 days from now is under 4 (This Axiata Group Bhd probability density function shows the probability of Axiata Stock to fall within a particular range of prices over 90 days) .
Axiata Group Bhd Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Axiata Group market risk premium is the additional return an investor will receive from holding Axiata 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 Axiata 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 Axiata Group's alpha and beta are two of the key measurements used to evaluate Axiata Group's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.38 | |||
| Semi Deviation | 1.25 | |||
| Standard Deviation | 1.86 | |||
| Variance | 3.46 |
Axiata Stock Against Markets
Picking the right benchmark for Axiata 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 Axiata 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 Axiata Group is critical whether you are bullish or bearish towards Axiata Group Bhd at a given time. Please also check how Axiata 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 Axiata 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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| All Next | Launch Module |
How to buy Axiata Stock?
Before investing in Axiata 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 Axiata Group. To buy Axiata Group stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Axiata 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 Axiata Group stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Axiata 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 Axiata 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 Axiata 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 Axiata Group Bhd?
The danger of trading Axiata 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 Axiata 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 Axiata Group. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Axiata 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 Axiata 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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for Axiata Stock analysis
When running Axiata Group's price analysis, check to measure Axiata 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 Axiata Group is operating at the current time. Most of Axiata Group's value examination focuses on studying past and present price action to predict the probability of Axiata 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 Axiata Group's price. Additionally, you may evaluate how the addition of Axiata Group to your portfolios can decrease your overall portfolio volatility.
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