Tadmax Resources (Malaysia) Analysis
| 4022 Stock | 0.29 0.01 3.33% |
Tadmax Resources Berhad is overvalued with Real Value of 0.26 and Hype Value of 0.29. The main objective of Tadmax Resources stock analysis is to determine its intrinsic value, which is an estimate of what Tadmax Resources Berhad is worth, separate from its market price. There are two main types of Tadmax Resources' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Tadmax Resources' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Tadmax Resources' stock to identify patterns and trends that may indicate its future price movements.
The Tadmax Resources 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.
Tadmax |
Tadmax Stock Analysis Notes
The company has Price-to-Book (P/B) ratio of 0.55. In the past many companies with similar price-to-book ratios have beat the market. Tadmax Resources Berhad had not issued any dividends in recent years. The entity had 2:1 split on the 5th of September 2023.Tadmax Resources Berhad Investment Alerts
| Tadmax Resources generated a negative expected return over the last 90 days | |
| Tadmax Resources has some characteristics of a very speculative penny stock | |
| Tadmax Resources has high historical volatility and very poor performance | |
| Tadmax Resources generates negative cash flow from operations |
Tadmax Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 244.36 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Tadmax Resources's market, we take the total number of its shares issued and multiply it by Tadmax Resources'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 31st of January, Tadmax Resources has the Risk Adjusted Performance of (0.05), variance of 12.16, and Coefficient Of Variation of (1,403). Tadmax Resources 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 Tadmax Resources Berhad coefficient of variation, variance, and the relationship between the mean deviation and standard deviation to decide if Tadmax Resources is priced more or less accurately, providing market reflects its prevalent price of 0.29 per share.Tadmax Resources Berhad Price Movement Analysis
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. Tadmax Resources 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 Tadmax Resources Berhad. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Tadmax Resources Predictive Daily Indicators
Tadmax Resources 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 Tadmax Resources 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.
Tadmax Resources Forecast Models
Tadmax Resources' time-series forecasting models are one of many Tadmax Resources' 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 Tadmax Resources' 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.Be your own money manager
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 Tadmax Resources to your portfolios without increasing risk or reducing expected return.Did you try this?
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Other Information on Investing in Tadmax Stock
Tadmax Resources financial ratios help investors to determine whether Tadmax 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 Tadmax with respect to the benefits of owning Tadmax Resources security.