Magni Tech (Malaysia) Price on September 13, 2023
| 7087 Stock | 2.86 0.02 0.69% |
If you're considering investing in Magni Stock, it is important to understand the factors that can impact its price. As of today, the current price of Magni Tech stands at 2.86, as last reported on the 15th of December 2024, with the highest price reaching 2.88 and the lowest price hitting 2.86 during the day. As of now, Magni Stock is somewhat reliable. Magni Tech Industries has Sharpe Ratio of 0.17, which conveys that the firm had a 0.17% return per unit of risk over the last 3 months. We have found thirty technical indicators for Magni Tech, which you can use to evaluate the volatility of the firm. Please verify Magni Tech's Downside Deviation of 1.07, risk adjusted performance of 0.1445, and Mean Deviation of 0.7771 to check out if the risk estimate we provide is consistent with the expected return of 0.19%.
Magni Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Magni |
Sharpe Ratio = 0.1667
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
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| Small Returns | 7087 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.11 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Magni Tech is performing at about 13% 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 Magni Tech by adding it to a well-diversified portfolio.
Magni Tech Valuation on September 13, 2023
It is possible to determine the worth of Magni Tech on a given historical date. On September 13, 2023 Magni was worth 1.85 at the beginning of the trading date compared to the closed value of 1.93. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Magni Tech stock. Still, in general, we apply an absolute valuation method to find Magni Tech'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 Magni Tech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Magni Tech's related companies.
| Open | High | Low | Close | Volume | |
| 1.85 | 1.88 | 1.82 | 1.84 | 931,300 | |
09/13/2023 | 1.85 | 1.95 | 1.85 | 1.93 | 1,090,700 |
| 1.92 | 1.95 | 1.90 | 1.91 | 245,700 |
| Backtest Magni Tech | | | Magni Tech History | | | Magni Tech Valuation | Previous | Next |
Magni Tech Trading Date Momentum on September 13, 2023
| On September 14 2023 Magni Tech Industries was traded for 1.91 at the closing time. The highest price during the trading period was 1.95 and the lowest recorded bid was listed for 1.90 . The volume for the day was 245.7 K. This history from September 14, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.04% . The trading delta at closing time to the current price is 2.07% . |
Magni Tech Industries Fundamentals Correlations and Trends
By evaluating Magni Tech'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 Magni Tech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Magni financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Magni Tech Stock history
Magni Tech 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 Magni is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Magni Tech Industries 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 Magni Tech stock prices may prove useful in developing a viable investing in Magni Tech
Magni Tech Stock Technical Analysis
Magni Tech 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
Magni Tech Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Magni Tech Industries 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.
Magni Tech December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Magni Tech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Magni Tech shares will generate the highest return on investment. By undertsting and applying Magni Tech stock market strength indicators, traders can identify Magni Tech Industries entry and exit signals to maximize returns
Magni Tech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Magni Tech's price direction in advance. Along with the technical and fundamental analysis of Magni Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Magni 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 | 0.1445 | |||
| Jensen Alpha | 0.173 | |||
| Total Risk Alpha | 0.068 | |||
| Sortino Ratio | 0.1086 | |||
| Treynor Ratio | 0.5593 |
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Other Information on Investing in Magni Stock
Magni Tech financial ratios help investors to determine whether Magni 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 Magni with respect to the benefits of owning Magni Tech security.