Cloudpoint Technology (Malaysia) Price on November 16, 2023
| 0277 Stock | 0.92 0.02 2.22% |
If you're considering investing in Cloudpoint Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cloudpoint Technology stands at 0.92, as last reported on the 14th of December 2024, with the highest price reaching 0.92 and the lowest price hitting 0.89 during the day. Cloudpoint Technology appears to be dangerous, given 3 months investment horizon. Cloudpoint Technology secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Cloudpoint Technology Berhad, which you can use to evaluate the volatility of the firm. Please makes use of Cloudpoint Technology's Downside Deviation of 2.74, mean deviation of 2.07, and Risk Adjusted Performance of 0.1332 to double-check if our risk estimates are consistent with your expectations.
Cloudpoint Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Cloudpoint |
Sharpe Ratio = 0.1543
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 0277 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.77 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.43 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average Cloudpoint Technology is performing at about 12% 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 Cloudpoint Technology by adding it to a well-diversified portfolio.
Cloudpoint Technology Valuation on November 16, 2023
It is possible to determine the worth of Cloudpoint Technology on a given historical date. On November 16, 2023 Cloudpoint was worth 0.54 at the beginning of the trading date compared to the closed value of 0.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cloudpoint Technology stock. Still, in general, we apply an absolute valuation method to find Cloudpoint 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 Cloudpoint Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cloudpoint Technology's related companies.
| Open | High | Low | Close | Volume | |
| 0.54 | 0.55 | 0.53 | 0.54 | 4,948,200 | |
11/16/2023 | 0.54 | 0.55 | 0.54 | 0.54 | 2,258,700 |
| 0.54 | 0.55 | 0.53 | 0.55 | 4,241,000 |
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Cloudpoint Technology Trading Date Momentum on November 16, 2023
| On November 17 2023 Cloudpoint Technology Berhad was traded for 0.55 at the closing time. The highest price during the trading period was 0.55 and the lowest recorded bid was listed for 0.53 . The volume for the day was 4.2 M. This history from November 17, 2023 contributed to the next trading day price upswing. The daily price change to the next closing price was 1.85% . The overall trading delta to the current price is 1.85% . |
Price Boundaries
Cloudpoint Technology Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
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Cloudpoint Technology December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Cloudpoint 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 Cloudpoint Technology shares will generate the highest return on investment. By undertsting and applying Cloudpoint Technology stock market strength indicators, traders can identify Cloudpoint Technology Berhad entry and exit signals to maximize returns
Cloudpoint Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cloudpoint Technology's price direction in advance. Along with the technical and fundamental analysis of Cloudpoint Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cloudpoint 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.