TechnoDex Bhd (Malaysia) Analysis

0132 Stock   0.06  0.01  9.09%   
TechnoDex Bhd is overvalued with Real Value of 0.0483 and Hype Value of 0.06. The main objective of TechnoDex Bhd stock analysis is to determine its intrinsic value, which is an estimate of what TechnoDex Bhd is worth, separate from its market price. There are two main types of TechnoDex Bhd's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect TechnoDex Bhd's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of TechnoDex Bhd's stock to identify patterns and trends that may indicate its future price movements.
The TechnoDex Bhd stock is traded in Malaysia on Kuala Lumpur Exchange, with the market opening at 09:00:00 and closing at 16:45:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Malaysia.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in TechnoDex Bhd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

TechnoDex Stock Analysis Notes

The company had not issued any dividends in recent years. TechnoDex Bhd had 5:4 split on the 15th of January 2010.

TechnoDex Bhd Investment Alerts

TechnoDex Bhd had very high historical volatility over the last 90 days
TechnoDex Bhd has some characteristics of a very speculative penny stock
The company reported the revenue of 34.86 M. Net Loss for the year was (9.05 M) with profit before overhead, payroll, taxes, and interest of 0.
TechnoDex Bhd generates negative cash flow from operations

TechnoDex Bhd Thematic Classifications

In addition to having TechnoDex Bhd stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
IT Idea
IT
Information technology and IT services

TechnoDex Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 84.38 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate TechnoDex Bhd's market, we take the total number of its shares issued and multiply it by TechnoDex Bhd's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Technical Drivers

As of the 22nd of November, TechnoDex Bhd has the Coefficient Of Variation of 1325.86, semi deviation of 4.72, and Risk Adjusted Performance of 0.0663. TechnoDex Bhd technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices. Please validate TechnoDex Bhd mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if TechnoDex Bhd is priced more or less accurately, providing market reflects its prevalent price of 0.06 per share.

TechnoDex Bhd Price Movement Analysis

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The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. TechnoDex Bhd middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for TechnoDex Bhd. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

TechnoDex Bhd Outstanding Bonds

TechnoDex Bhd issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. TechnoDex Bhd uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most TechnoDex bonds can be classified according to their maturity, which is the date when TechnoDex Bhd has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

TechnoDex Bhd Predictive Daily Indicators

TechnoDex Bhd intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of TechnoDex Bhd stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

TechnoDex Bhd Forecast Models

TechnoDex Bhd's time-series forecasting models are one of many TechnoDex Bhd's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary TechnoDex Bhd's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding TechnoDex Bhd to your portfolios without increasing risk or reducing expected return.

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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.