Tex Cycle (Malaysia) Price on March 7, 2023

0089 Stock   1.15  0.01  0.86%   
If you're considering investing in Tex Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tex Cycle stands at 1.15, as last reported on the 14th of December 2024, with the highest price reaching 1.16 and the lowest price hitting 1.15 during the day. Tex Cycle Technology owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0176, which indicates the firm had a -0.0176% return per unit of risk over the last 3 months. Tex Cycle Technology exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tex Cycle's Risk Adjusted Performance of (0.01), coefficient of variation of (5,872), and Variance of 2.49 to confirm the risk estimate we provide.
  
Tex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0176

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns0089

Estimated Market Risk

 1.61
  actual daily
14
86% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Tex Cycle 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 Tex Cycle by adding Tex Cycle to a well-diversified portfolio.

Tex Cycle Valuation on March 7, 2023

It is possible to determine the worth of Tex Cycle on a given historical date. On March 7, 2023 Tex was worth 0.81 at the beginning of the trading date compared to the closed value of 0.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tex Cycle stock. Still, in general, we apply an absolute valuation method to find Tex Cycle'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 Tex Cycle where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tex Cycle's related companies.
 Open High Low Close Volume
  0.81    0.82    0.79    0.81    1,274,200  
03/07/2023
  0.81    0.84    0.81    0.83    4,543,100  
  0.83    0.83    0.80    0.81    1,516,200  
Backtest Tex Cycle  |  Tex Cycle History  |  Tex Cycle Valuation   PreviousNext  
Open Value
0.81
0.83
Closing Value
5.64
Upside

Tex Cycle Trading Date Momentum on March 7, 2023

On March 08 2023 Tex Cycle Technology was traded for  0.81  at the closing time. The highest price during the trading period was 0.83  and the lowest recorded bid was listed for  0.80 . The volume for the day was 1.5 M. This history from March 8, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 2.41% . The trading price change to the current price is 13.25% .

Tex Cycle Technology Fundamentals Correlations and Trends

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

About Tex Cycle Stock history

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

Tex Cycle Stock Technical Analysis

Tex Cycle 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 Tex Cycle technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Tex Cycle 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

Tex Cycle Period Price Range

Low
December 14, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Tex Cycle Technology 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.

Tex Cycle December 14, 2024 Market Strength

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

Tex Cycle Technical and Predictive Indicators

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

Tex Cycle financial ratios help investors to determine whether Tex 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 Tex with respect to the benefits of owning Tex Cycle security.