MyTech Group (Malaysia) Price on May 30, 2024

7692 Stock   0.40  0.02  4.76%   
If you're considering investing in MyTech Stock, it is important to understand the factors that can impact its price. As of today, the current price of MyTech Group stands at 0.40, as last reported on the 14th of December 2024, with the highest price reaching 0.40 and the lowest price hitting 0.40 during the day. MyTech Group Bhd has Sharpe Ratio of -0.0154, which conveys that the firm had a -0.0154% return per unit of standard deviation over the last 3 months. MyTech Group exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MyTech Group's Mean Deviation of 1.65, market risk adjusted performance of 0.0807, and insignificant Risk Adjusted Performance to check out the risk estimate we provide.
  
MyTech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0154

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Negative Returns7692

Estimated Market Risk

 3.54
  actual daily
31
69% of assets are more volatile

Expected Return

 -0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average MyTech Group is not performing at its full potential. However, 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 MyTech Group by adding MyTech Group to a well-diversified portfolio.

MyTech Group Valuation on May 30, 2024

It is possible to determine the worth of MyTech Group on a given historical date. On May 30, 2024 MyTech was worth 0.53 at the beginning of the trading date compared to the closed value of 0.53. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MyTech Group stock. Still, in general, we apply an absolute valuation method to find MyTech Group'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 MyTech Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MyTech Group's related companies.
 Open High Low Close Volume
  0.55    0.55    0.53    0.53    100,000  
05/30/2024
  0.53    0.53    0.53    0.53    1.00  
  0.53    0.55    0.51    0.55    338,400  
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Open Value
0.53
0.53
Closing Value
11.14
Upside

MyTech Group Trading Date Momentum on May 30, 2024

On May 31 2024 MyTech Group Bhd 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  0.51 . The volume for the day was 338.4 K. This history from May 31, 2024 contributed to the next trading day price upswing. The daily price change to the next closing price was 3.77% . The trading delta at closing time to the current price is 5.66% .

MyTech Group Bhd Fundamentals Correlations and Trends

By evaluating MyTech Group'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 MyTech Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MyTech financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About MyTech Group Stock history

MyTech Group 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 MyTech is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MyTech Group 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 MyTech Group stock prices may prove useful in developing a viable investing in MyTech Group

MyTech Group Stock Technical Analysis

MyTech Group 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.
A focus of MyTech Group technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of MyTech Group trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

MyTech Group Period Price Range

Low
December 14, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

MyTech Group 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.

MyTech Group December 14, 2024 Market Strength

Market strength indicators help investors to evaluate how MyTech Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MyTech Group shares will generate the highest return on investment. By undertsting and applying MyTech Group stock market strength indicators, traders can identify MyTech Group Bhd entry and exit signals to maximize returns

MyTech Group Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for MyTech Group's price direction in advance. Along with the technical and fundamental analysis of MyTech Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MyTech 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.

Other Information on Investing in MyTech Stock

MyTech Group financial ratios help investors to determine whether MyTech 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 MyTech with respect to the benefits of owning MyTech Group security.