ITMAX System Berhad First Quarter 2024 Earnings EPS RM0.018 - Simply Wall St
| 7692 Stock | 0.40 0.02 4.76% |
About 61% of MyTech Group's investor base is looking to short. The analysis of current outlook of investing in MyTech Group Bhd suggests that many traders are alarmed regarding MyTech Group's prospects. MyTech Group's investing sentiment shows overall attitude of investors towards MyTech Group Bhd.
MyTech Group stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of MyTech daily returns and investor perception about the current price of MyTech Group Bhd as well as its diversification or hedging effects on your existing portfolios.
MyTech |
ITMAX System Berhad First Quarter 2024 Earnings EPS RM0.018 Simply Wall St
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MyTech Group Fundamental Analysis
We analyze MyTech Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MyTech Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MyTech Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Valuation
Current Valuation Comparative Analysis
MyTech Group is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
MyTech Group Bhd Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with MyTech Group stock to make a market-neutral strategy. Peer analysis of MyTech Group could also be used in its relative valuation, which is a method of valuing MyTech Group by comparing valuation metrics with similar companies.
Peers
MyTech Group Related Equities
| 0208 | Greatech Technology | 1.78 | ||||
| 5306 | FARM FRESH | 1.10 | ||||
| 7095 | PIE Industrial | 1.27 | ||||
| 8338 | Dataprep Holdings | 12.50 |
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.