Mycron Steel (Malaysia) Price on November 25, 2024

5087 Stock   0.36  0.02  5.26%   
If you're considering investing in Mycron Stock, it is important to understand the factors that can impact its price. As of today, the current price of Mycron Steel stands at 0.36, as last reported on the 30th of November, with the highest price reaching 0.36 and the lowest price hitting 0.36 during the day. Mycron Steel Bhd has Sharpe Ratio of -0.0364, which conveys that the firm had a -0.0364% return per unit of risk over the last 3 months. Mycron Steel exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mycron Steel's Mean Deviation of 2.0, risk adjusted performance of (0.04), and Standard Deviation of 3.23 to check out the risk estimate we provide.
  
Mycron Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0364

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Negative Returns5087

Estimated Market Risk

 3.23
  actual daily
28
72% of assets are more volatile

Expected Return

 -0.12
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Mycron Steel 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 Mycron Steel by adding Mycron Steel to a well-diversified portfolio.

Mycron Steel Valuation on November 25, 2024

It is possible to determine the worth of Mycron Steel on a given historical date. On November 25, 2024 Mycron was worth 0.39 at the beginning of the trading date compared to the closed value of 0.39. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mycron Steel stock. Still, in general, we apply an absolute valuation method to find Mycron Steel'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 Mycron Steel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mycron Steel's related companies.
 Open High Low Close Volume
  0.40    0.40    0.39    0.39    11,100  
11/25/2024
  0.39    0.39    0.39    0.39    1.00  
  0.38    0.38    0.38    0.38    2,000  
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Open Value
0.39
0.39
Closing Value
10.07
Upside

Mycron Steel Trading Date Momentum on November 25, 2024

On November 26 2024 Mycron Steel Bhd was traded for  0.38  at the closing time. The highest price during the trading period was 0.38  and the lowest recorded bid was listed for  0.38 . The volume for the day was 2 K. This history from November 26, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.56% . The trading delta at closing time to the current price is 7.69% .

Mycron Steel Bhd Fundamentals Correlations and Trends

By evaluating Mycron Steel'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 Mycron Steel's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mycron financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Mycron Steel Stock history

Mycron Steel 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 Mycron is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mycron Steel 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 Mycron Steel stock prices may prove useful in developing a viable investing in Mycron Steel

Mycron Steel Stock Technical Analysis

Mycron Steel 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.
A focus of Mycron Steel technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Mycron Steel trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Mycron Steel Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Mycron Steel 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.

Mycron Steel November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Mycron Steel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mycron Steel shares will generate the highest return on investment. By undertsting and applying Mycron Steel stock market strength indicators, traders can identify Mycron Steel Bhd entry and exit signals to maximize returns

Mycron Steel Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Mycron Steel's price direction in advance. Along with the technical and fundamental analysis of Mycron Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mycron 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.

Other Information on Investing in Mycron Stock

Mycron Steel financial ratios help investors to determine whether Mycron 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 Mycron with respect to the benefits of owning Mycron Steel security.