Radiant Globaltech (Malaysia) Price on July 30, 2024
| 0202 Stock | 0.35 0.01 2.94% |
If you're considering investing in Radiant Stock, it is important to understand the factors that can impact its price. As of today, the current price of Radiant Globaltech stands at 0.35, as last reported on the 30th of December, with the highest price reaching 0.35 and the lowest price hitting 0.34 during the day. As of now, Radiant Stock is abnormally volatile. Radiant Globaltech Bhd maintains Sharpe Ratio (i.e., Efficiency) of 0.0331, which implies the firm had a 0.0331% return per unit of risk over the last 3 months. We have found thirty technical indicators for Radiant Globaltech Bhd, which you can use to evaluate the volatility of the company. Please check Radiant Globaltech's Coefficient Of Variation of 3019.6, semi deviation of 1.5, and Risk Adjusted Performance of 0.0323 to confirm if the risk estimate we provide is consistent with the expected return of 0.0649%.
Radiant Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Radiant |
Sharpe Ratio = 0.0331
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Estimated Market Risk
| 1.96 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Radiant Globaltech is performing at about 2% 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 Radiant Globaltech by adding it to a well-diversified portfolio.
Radiant Globaltech Valuation on July 30, 2024
It is possible to determine the worth of Radiant Globaltech on a given historical date. On July 30, 2024 Radiant was worth 0.38 at the beginning of the trading date compared to the closed value of 0.37. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Radiant Globaltech stock. Still, in general, we apply an absolute valuation method to find Radiant Globaltech'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 Radiant Globaltech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Radiant Globaltech's related companies.
| Open | High | Low | Close | Volume | |
| 0.40 | 0.40 | 0.38 | 0.38 | 510,600 | |
07/30/2024 | 0.38 | 0.39 | 0.37 | 0.37 | 646,000 |
| 0.37 | 0.38 | 0.37 | 0.37 | 446,700 |
| Backtest Radiant Globaltech | | | Radiant Globaltech History | | | Radiant Globaltech Valuation | Previous | Next |
Radiant Globaltech Trading Date Momentum on July 30, 2024
| On July 31 2024 Radiant Globaltech 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 446.7 K. This history from July 31, 2024 did not cause price change. The trading delta at closing time to the current price is 2.70% . |
Radiant Globaltech Bhd Fundamentals Correlations and Trends
By evaluating Radiant Globaltech'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 Radiant Globaltech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Radiant financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Radiant Globaltech Stock history
Radiant Globaltech 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 Radiant is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Radiant Globaltech 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 Radiant Globaltech stock prices may prove useful in developing a viable investing in Radiant Globaltech
Radiant Globaltech Stock Technical Analysis
Radiant Globaltech 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
Radiant Globaltech Period Price Range
Low | December 30, 2024
| High |
0.00 | 0.00 |
Radiant Globaltech 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.
Radiant Globaltech December 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Radiant Globaltech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Radiant Globaltech shares will generate the highest return on investment. By undertsting and applying Radiant Globaltech stock market strength indicators, traders can identify Radiant Globaltech Bhd entry and exit signals to maximize returns
Radiant Globaltech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Radiant Globaltech's price direction in advance. Along with the technical and fundamental analysis of Radiant Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Radiant 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 | 0.0323 | |||
| Jensen Alpha | 0.0405 | |||
| Total Risk Alpha | 3.0E-4 | |||
| Sortino Ratio | 0.0107 | |||
| Treynor Ratio | 0.0844 |
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Other Information on Investing in Radiant Stock
Radiant Globaltech financial ratios help investors to determine whether Radiant 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 Radiant with respect to the benefits of owning Radiant Globaltech security.