MClean Technologies (Malaysia) Price on September 5, 2024
| 0167 Stock | 0.23 0.01 4.17% |
If you're considering investing in MClean Stock, it is important to understand the factors that can impact its price. As of today, the current price of MClean Technologies stands at 0.23, as last reported on the 26th of November, with the highest price reaching 0.24 and the lowest price hitting 0.22 during the day. MClean Technologies Bhd has Sharpe Ratio of -0.0809, which conveys that the company had a -0.0809% return per unit of risk over the last 3 months. MClean Technologies exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MClean Technologies' Variance of 13.65, mean deviation of 2.41, and Standard Deviation of 3.69 to check out the risk estimate we provide.
MClean Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
MClean |
Sharpe Ratio = -0.0809
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 0167 |
Estimated Market Risk
| 3.27 actual daily | 29 71% of assets are more volatile |
Expected Return
| -0.26 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average MClean Technologies is not performing at its full potential. However, 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 MClean Technologies by adding MClean Technologies to a well-diversified portfolio.
MClean Technologies Valuation on September 5, 2024
It is possible to determine the worth of MClean Technologies on a given historical date. On September 5, 2024 MClean was worth 0.28 at the beginning of the trading date compared to the closed value of 0.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MClean Technologies stock. Still, in general, we apply an absolute valuation method to find MClean Technologies' 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 MClean Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MClean Technologies' related companies.
| Open | High | Low | Close | Volume | |
| 0.30 | 0.30 | 0.28 | 0.29 | 406,500 | |
09/05/2024 | 0.28 | 0.28 | 0.27 | 0.27 | 968,500 |
| 0.27 | 0.28 | 0.27 | 0.28 | 514,300 |
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MClean Technologies Trading Date Momentum on September 5, 2024
| On September 06 2024 MClean Technologies Bhd was traded for 0.28 at the closing time. The highest price during the trading period was 0.28 and the lowest recorded bid was listed for 0.27 . The volume for the day was 514.3 K. This history from September 6, 2024 contributed to the next trading day price upswing. The daily price change to the next closing price was 3.70% . The trading delta at closing time to the current price is 3.70% . |
MClean Technologies Bhd Fundamentals Correlations and Trends
By evaluating MClean Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among MClean Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MClean financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MClean Technologies Stock history
MClean Technologies 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 MClean is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MClean Technologies 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 MClean Technologies stock prices may prove useful in developing a viable investing in MClean Technologies
MClean Technologies Stock Technical Analysis
MClean Technologies 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
MClean Technologies Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
MClean Technologies 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.
MClean Technologies November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how MClean Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MClean Technologies shares will generate the highest return on investment. By undertsting and applying MClean Technologies stock market strength indicators, traders can identify MClean Technologies Bhd entry and exit signals to maximize returns
MClean Technologies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MClean Technologies' price direction in advance. Along with the technical and fundamental analysis of MClean Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MClean 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 | (0.07) | |||
| Jensen Alpha | (0.44) | |||
| Total Risk Alpha | (0.96) | |||
| Treynor Ratio | (0.80) |
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Other Information on Investing in MClean Stock
MClean Technologies financial ratios help investors to determine whether MClean 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 MClean with respect to the benefits of owning MClean Technologies security.