Greatech Technology (Malaysia) Price on December 17, 2024
| 0208 Stock | 2.28 0.02 0.87% |
If you're considering investing in Greatech Stock, it is important to understand the factors that can impact its price. As of today, the current price of Greatech Technology stands at 2.28, as last reported on the 25th of December, with the highest price reaching 2.31 and the lowest price hitting 2.28 during the day. As of now, Greatech Stock is unstable. Greatech Technology Bhd holds Efficiency (Sharpe) Ratio of 0.0688, which attests that the entity had a 0.0688% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Greatech Technology Bhd, which you can use to evaluate the volatility of the firm. Please check out Greatech Technology's Downside Deviation of 1.92, risk adjusted performance of 0.0344, and Market Risk Adjusted Performance of 17.17 to validate if the risk estimate we provide is consistent with the expected return of 0.16%.
Greatech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Greatech |
Sharpe Ratio = 0.0688
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 0208 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.26 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Greatech Technology is performing at about 5% 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 Greatech Technology by adding it to a well-diversified portfolio.
Greatech Technology Valuation on December 17, 2024
It is possible to determine the worth of Greatech Technology on a given historical date. On December 17, 2024 Greatech was worth 2.33 at the beginning of the trading date compared to the closed value of 2.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Greatech Technology stock. Still, in general, we apply an absolute valuation method to find Greatech Technology'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 Greatech Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Greatech Technology's related companies.
| Open | High | Low | Close | Volume | |
| 2.30 | 2.34 | 2.26 | 2.33 | 2,447,100 | |
12/17/2024 | 2.33 | 2.33 | 2.28 | 2.33 | 2,773,800 |
| 2.32 | 2.33 | 2.28 | 2.32 | 2,824,000 |
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Greatech Technology Trading Date Momentum on December 17, 2024
| On December 18 2024 Greatech Technology Bhd was traded for 2.32 at the closing time. The highest price during the trading period was 2.33 and the lowest recorded bid was listed for 2.28 . The volume for the day was 2.8 M. This history from December 18, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.43% . The overall trading delta to the current price is 1.29% . |
Greatech Technology Bhd Fundamentals Correlations and Trends
By evaluating Greatech Technology'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 Greatech Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Greatech financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Greatech Technology Stock history
Greatech Technology 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 Greatech is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Greatech Technology 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 Greatech Technology stock prices may prove useful in developing a viable investing in Greatech Technology
Greatech Technology Stock Technical Analysis
Greatech Technology 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
Greatech Technology Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
Greatech Technology 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.
Greatech Technology December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Greatech Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Greatech Technology shares will generate the highest return on investment. By undertsting and applying Greatech Technology stock market strength indicators, traders can identify Greatech Technology Bhd entry and exit signals to maximize returns
Greatech Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Greatech Technology's price direction in advance. Along with the technical and fundamental analysis of Greatech Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Greatech 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 | 0.0344 | |||
| Jensen Alpha | 0.0685 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0176 | |||
| Treynor Ratio | 17.16 |
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Other Information on Investing in Greatech Stock
Greatech Technology financial ratios help investors to determine whether Greatech 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 Greatech with respect to the benefits of owning Greatech Technology security.