MyNEWS Holdings (Malaysia) Price on November 12, 2024
| 5275 Stock | 0.66 0.02 3.13% |
If you're considering investing in MyNEWS Stock, it is important to understand the factors that can impact its price. As of today, the current price of MyNEWS Holdings stands at 0.66, as last reported on the 28th of November, with the highest price reaching 0.66 and the lowest price hitting 0.63 during the day. As of now, MyNEWS Stock is dangerous. myNEWS Holdings Bhd has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for MyNEWS Holdings, which you can use to evaluate the volatility of the firm. Please verify MyNEWS Holdings' risk adjusted performance of 0.0572, and Downside Deviation of 2.03 to check out if the risk estimate we provide is consistent with the expected return of 0.19%.
MyNEWS Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
MyNEWS |
Sharpe Ratio = 0.1156
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 5275 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.66 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average MyNEWS Holdings is performing at about 9% 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 MyNEWS Holdings by adding it to a well-diversified portfolio.
MyNEWS Holdings Valuation on November 12, 2024
It is possible to determine the worth of MyNEWS Holdings on a given historical date. On November 12, 2024 MyNEWS was worth 0.62 at the beginning of the trading date compared to the closed value of 0.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MyNEWS Holdings stock. Still, in general, we apply an absolute valuation method to find MyNEWS Holdings' 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 MyNEWS Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MyNEWS Holdings' related companies.
| Open | High | Low | Close | Volume | |
| 0.62 | 0.63 | 0.62 | 0.63 | 56,400 | |
11/12/2024 | 0.62 | 0.63 | 0.62 | 0.62 | 186,100 |
| 0.63 | 0.63 | 0.62 | 0.63 | 137,400 |
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MyNEWS Holdings Trading Date Momentum on November 12, 2024
| On November 13 2024 myNEWS Holdings Bhd was traded for 0.63 at the closing time. The highest price during the trading period was 0.63 and the lowest recorded bid was listed for 0.62 . The volume for the day was 137.4 K. This history from November 13, 2024 contributed to the next trading day price upswing. The daily price change to the next closing price was 1.61% . The trading date delta to the current price is 1.61% . |
Price Boundaries
MyNEWS Holdings Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
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MyNEWS Holdings November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how MyNEWS Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MyNEWS Holdings shares will generate the highest return on investment. By undertsting and applying MyNEWS Holdings stock market strength indicators, traders can identify myNEWS Holdings Bhd entry and exit signals to maximize returns
MyNEWS Holdings Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MyNEWS Holdings' price direction in advance. Along with the technical and fundamental analysis of MyNEWS Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MyNEWS 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.