TechnoDex Bhd (Malaysia) Price on September 4, 2024
| 0132 Stock | 0.07 0.01 8.33% |
If you're considering investing in TechnoDex Stock, it is important to understand the factors that can impact its price. As of today, the current price of TechnoDex Bhd stands at 0.07, as last reported on the 25th of November, with the highest price reaching 0.07 and the lowest price hitting 0.06 during the day. TechnoDex Bhd appears to be out of control, given 3 months investment horizon. TechnoDex Bhd owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0533, which indicates the firm had a 0.0533% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for TechnoDex Bhd, which you can use to evaluate the volatility of the company. Please review TechnoDex Bhd's Coefficient Of Variation of 1325.86, semi deviation of 4.72, and Risk Adjusted Performance of 0.0666 to confirm if our risk estimates are consistent with your expectations.
TechnoDex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
TechnoDex |
Sharpe Ratio = 0.0533
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 0132 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 6.04 actual daily | 53 53% of assets are less volatile |
Expected Return
| 0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average TechnoDex Bhd is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of TechnoDex Bhd by adding it to a well-diversified portfolio.
TechnoDex Bhd Valuation on September 4, 2024
It is possible to determine the worth of TechnoDex Bhd on a given historical date. On September 4, 2024 TechnoDex was worth 0.05 at the beginning of the trading date compared to the closed value of 0.055. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TechnoDex Bhd stock. Still, in general, we apply an absolute valuation method to find TechnoDex Bhd's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of TechnoDex Bhd where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TechnoDex Bhd's related companies.
| Open | High | Low | Close | Volume | |
| 0.05 | 0.05 | 0.05 | 0.05 | 163,000 | |
09/04/2024 | 0.05 | 0.06 | 0.05 | 0.06 | 1,300 |
| 0.05 | 0.06 | 0.05 | 0.05 | 226,000 |
| Backtest TechnoDex Bhd | | | TechnoDex Bhd History | | | TechnoDex Bhd Valuation | Previous | Next |
TechnoDex Bhd Trading Date Momentum on September 4, 2024
| On September 05 2024 TechnoDex Bhd was traded for 0.05 at the closing time. The highest price during the trading period was 0.06 and the lowest recorded bid was listed for 0.05 . The volume for the day was 226 K. This history from September 5, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 9.09% . The trading price change to the current price is 0.00% . |
TechnoDex Bhd Fundamentals Correlations and Trends
By evaluating TechnoDex Bhd's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among TechnoDex Bhd's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TechnoDex financial account trend analysis is a perfect complement when working with valuation or volatility modules.About TechnoDex Bhd Stock history
TechnoDex Bhd investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for TechnoDex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TechnoDex Bhd will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing TechnoDex Bhd stock prices may prove useful in developing a viable investing in TechnoDex Bhd
TechnoDex Bhd Stock Technical Analysis
TechnoDex Bhd technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
TechnoDex Bhd Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
TechnoDex Bhd cannot be verified against its exchange. Please verify the symbol is currently traded on Kuala Lumpur Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
TechnoDex Bhd November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how TechnoDex Bhd stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TechnoDex Bhd shares will generate the highest return on investment. By undertsting and applying TechnoDex Bhd stock market strength indicators, traders can identify TechnoDex Bhd entry and exit signals to maximize returns
TechnoDex Bhd Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TechnoDex Bhd's price direction in advance. Along with the technical and fundamental analysis of TechnoDex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TechnoDex to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0666 | |||
| Jensen Alpha | 0.3532 | |||
| Total Risk Alpha | (0.52) | |||
| Sortino Ratio | 0.0331 | |||
| Treynor Ratio | 0.5285 |
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Other Information on Investing in TechnoDex Stock
TechnoDex Bhd financial ratios help investors to determine whether TechnoDex 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 TechnoDex with respect to the benefits of owning TechnoDex Bhd security.