Cengild Medical (Malaysia) Price on May 20, 2024
0243 Stock | 0.28 0.01 3.45% |
If you're considering investing in Cengild Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cengild Medical stands at 0.28, as last reported on the 15th of December 2024, with the highest price reaching 0.29 and the lowest price hitting 0.28 during the day. As of now, Cengild Stock is out of control. Cengild Medical Berhad secures Sharpe Ratio (or Efficiency) of 0.0372, which signifies that the company had a 0.0372% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Cengild Medical Berhad, which you can use to evaluate the volatility of the firm. Please confirm Cengild Medical's Downside Deviation of 3.83, mean deviation of 1.11, and Risk Adjusted Performance of 0.0331 to double-check if the risk estimate we provide is consistent with the expected return of 0.0788%.
Cengild Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Cengild |
Sharpe Ratio = 0.0372
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Cash | Small Risk | 0243 | High Risk | Huge Risk |
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Estimated Market Risk
2.12 actual daily | 18 82% of assets are more volatile |
Expected Return
0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Cengild Medical 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 Cengild Medical by adding it to a well-diversified portfolio.
Cengild Medical Valuation on May 20, 2024
It is possible to determine the worth of Cengild Medical on a given historical date. On May 20, 2024 Cengild was worth 0.31 at the beginning of the trading date compared to the closed value of 0.31. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cengild Medical stock. Still, in general, we apply an absolute valuation method to find Cengild Medical'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 Cengild Medical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cengild Medical's related companies.
Open | High | Low | Close | Volume | |
0.30 | 0.31 | 0.30 | 0.30 | 982,500 | |
05/20/2024 | 0.31 | 0.32 | 0.31 | 0.31 | 1,431,000 |
0.31 | 0.32 | 0.31 | 0.31 | 2,262,600 |
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Cengild Medical Trading Date Momentum on May 20, 2024
On May 21 2024 Cengild Medical Berhad was traded for 0.31 at the closing time. The highest price during the trading period was 0.32 and the lowest recorded bid was listed for 0.31 . The volume for the day was 2.3 M. This history from May 21, 2024 did not affect price variability. The overall trading delta to the current price is 0.00% . |
Price Boundaries
Cengild Medical Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Cengild Medical Berhad 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.
Cengild Medical December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Cengild Medical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cengild Medical shares will generate the highest return on investment. By undertsting and applying Cengild Medical stock market strength indicators, traders can identify Cengild Medical Berhad entry and exit signals to maximize returns
Cengild Medical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cengild Medical's price direction in advance. Along with the technical and fundamental analysis of Cengild Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cengild 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.