Techbond Group (Malaysia) Price on March 13, 2023
5289 Stock | 0.38 0.01 2.56% |
If you're considering investing in Techbond Stock, it is important to understand the factors that can impact its price. As of today, the current price of Techbond Group stands at 0.38, as last reported on the 26th of November, with the highest price reaching 0.38 and the lowest price hitting 0.38 during the day. Techbond Group Bhd owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0899, which indicates the firm had a -0.0899% return per unit of risk over the last 3 months. Techbond Group Bhd exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Techbond Group's Risk Adjusted Performance of (0.06), coefficient of variation of (1,112), and Variance of 3.87 to confirm the risk estimate we provide.
Techbond Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Techbond |
Sharpe Ratio = -0.0899
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Negative Returns | 5289 |
Estimated Market Risk
1.97 actual daily | 17 83% of assets are more volatile |
Expected Return
-0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Techbond Group 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 Techbond Group by adding Techbond Group to a well-diversified portfolio.
Techbond Group Valuation on March 13, 2023
It is possible to determine the worth of Techbond Group on a given historical date. On March 13, 2023 Techbond was worth 0.39 at the beginning of the trading date compared to the closed value of 0.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Techbond Group stock. Still, in general, we apply an absolute valuation method to find Techbond Group'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 Techbond Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Techbond Group's related companies.
Open | High | Low | Close | Volume | |
0.39 | 0.39 | 0.39 | 0.39 | 970,600 | |
03/13/2023 | 0.39 | 0.39 | 0.37 | 0.38 | 2,352,800 |
0.37 | 0.38 | 0.37 | 0.37 | 228,400 |
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Techbond Group Trading Date Momentum on March 13, 2023
On March 14 2023 Techbond Group Bhd was traded for 0.37 at the closing time. The highest price during the trading period was 0.38 and the lowest recorded bid was listed for 0.37 . The volume for the day was 228.4 K. This history from March 14, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 2.63% . The trading price change to the current price is 2.63% . |
Techbond Group Bhd Fundamentals Correlations and Trends
By evaluating Techbond Group'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 Techbond Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Techbond financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Techbond Group Stock history
Techbond Group 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 Techbond is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Techbond Group 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 Techbond Group stock prices may prove useful in developing a viable investing in Techbond Group
Techbond Group Stock Technical Analysis
Techbond Group 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
Techbond Group Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Techbond Group 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.
Techbond Group November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Techbond Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Techbond Group shares will generate the highest return on investment. By undertsting and applying Techbond Group stock market strength indicators, traders can identify Techbond Group Bhd entry and exit signals to maximize returns
Techbond Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Techbond Group's price direction in advance. Along with the technical and fundamental analysis of Techbond Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Techbond 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 | (0.06) | |||
Jensen Alpha | (0.15) | |||
Total Risk Alpha | (0.49) | |||
Treynor Ratio | 0.555 |
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Other Information on Investing in Techbond Stock
Techbond Group financial ratios help investors to determine whether Techbond 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 Techbond with respect to the benefits of owning Techbond Group security.