HeiTech Padu (Malaysia) Price on December 12, 2024
| 5028 Stock | 3.09 0.05 1.59% |
If you're considering investing in HeiTech Stock, it is important to understand the factors that can impact its price. As of today, the current price of HeiTech Padu stands at 3.09, as last reported on the 15th of December 2024, with the highest price reaching 3.13 and the lowest price hitting 3.06 during the day. As of now, HeiTech Stock is unstable. HeiTech Padu Bhd holds Efficiency (Sharpe) Ratio of 0.0325, which attests that the entity had a 0.0325% return per unit of risk over the last 3 months. We have found thirty technical indicators for HeiTech Padu Bhd, which you can use to evaluate the volatility of the firm. Please check out HeiTech Padu's Risk Adjusted Performance of 0.0869, market risk adjusted performance of 0.5756, and Downside Deviation of 3.64 to validate if the risk estimate we provide is consistent with the expected return of 0.13%.
HeiTech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
HeiTech |
Sharpe Ratio = 0.0325
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | 5028 | Huge Risk |
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Estimated Market Risk
| 3.97 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average HeiTech Padu 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 HeiTech Padu by adding it to a well-diversified portfolio.
HeiTech Padu Valuation on December 12, 2024
It is possible to determine the worth of HeiTech Padu on a given historical date. On December 12, 2024 HeiTech was worth 3.15 at the beginning of the trading date compared to the closed value of 3.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of HeiTech Padu stock. Still, in general, we apply an absolute valuation method to find HeiTech Padu'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 HeiTech Padu where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against HeiTech Padu's related companies.
| Open | High | Low | Close | Volume | |
| 3.18 | 3.18 | 3.13 | 3.15 | 460,500 | |
12/12/2024 | 3.15 | 3.18 | 3.14 | 3.14 | 778,300 |
| 3.11 | 3.13 | 3.06 | 3.09 | 643,700 |
| Backtest HeiTech Padu | | | HeiTech Padu History | | | HeiTech Padu Valuation | Previous | Next |
HeiTech Padu Trading Date Momentum on December 12, 2024
| On December 13 2024 HeiTech Padu Bhd was traded for 3.09 at the closing time. The highest price during the trading period was 3.13 and the lowest recorded bid was listed for 3.06 . The volume for the day was 643.7 K. This history from December 13, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.59% . The trading delta at closing time to the current price is 0.96% . |
HeiTech Padu Bhd Fundamentals Correlations and Trends
By evaluating HeiTech Padu'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 HeiTech Padu's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. HeiTech financial account trend analysis is a perfect complement when working with valuation or volatility modules.About HeiTech Padu Stock history
HeiTech Padu 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 HeiTech is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in HeiTech Padu 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 HeiTech Padu stock prices may prove useful in developing a viable investing in HeiTech Padu
HeiTech Padu Stock Technical Analysis
HeiTech Padu 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
HeiTech Padu Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
HeiTech Padu 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.
HeiTech Padu December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how HeiTech Padu stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HeiTech Padu shares will generate the highest return on investment. By undertsting and applying HeiTech Padu stock market strength indicators, traders can identify HeiTech Padu Bhd entry and exit signals to maximize returns
HeiTech Padu Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for HeiTech Padu's price direction in advance. Along with the technical and fundamental analysis of HeiTech Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of HeiTech 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 | 0.0869 | |||
| Jensen Alpha | 0.4789 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | 0.1316 | |||
| Treynor Ratio | 0.5656 |
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Other Information on Investing in HeiTech Stock
HeiTech Padu financial ratios help investors to determine whether HeiTech 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 HeiTech with respect to the benefits of owning HeiTech Padu security.