Melewar Industrial (Malaysia) Price History

3778 Stock   0.22  0.01  4.35%   
If you're considering investing in Melewar Stock, it is important to understand the factors that can impact its price. As of today, the current price of Melewar Industrial stands at 0.22, as last reported on the 13th of December 2024, with the highest price reaching 0.23 and the lowest price hitting 0.22 during the day. Melewar Industrial has Sharpe Ratio of -0.0836, which conveys that the firm had a -0.0836% return per unit of risk over the last 3 months. Melewar Industrial exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Melewar Industrial's Mean Deviation of 1.21, risk adjusted performance of (0.03), and Standard Deviation of 2.18 to check out the risk estimate we provide.
  
Melewar Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0836

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Estimated Market Risk

 2.18
  actual daily
19
81% of assets are more volatile

Expected Return

 -0.18
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average Melewar Industrial 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 Melewar Industrial by adding Melewar Industrial to a well-diversified portfolio.

Melewar Industrial Stock Price History Chart

There are several ways to analyze Melewar Stock price data. The simplest method is using a basic Melewar candlestick price chart, which shows Melewar Industrial price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceSeptember 20, 20240.26
Lowest PriceNovember 29, 20240.22

Melewar Industrial December 13, 2024 Stock Price Synopsis

Various analyses of Melewar Industrial's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Melewar Stock. It can be used to describe the percentage change in the price of Melewar Industrial from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Melewar Stock.
Melewar Industrial Price Rate Of Daily Change 0.96 
Melewar Industrial Price Action Indicator(0.01)
Melewar Industrial Price Daily Balance Of Power(1.00)

Melewar Industrial December 13, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Melewar Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Melewar Industrial intraday prices and daily technical indicators to check the level of noise trading in Melewar Stock and then apply it to test your longer-term investment strategies against Melewar.

Melewar Stock Price History Data

The price series of Melewar Industrial for the period between Sat, Sep 14, 2024 and Fri, Dec 13, 2024 has a statistical range of 0.04 with a coefficient of variation of 4.64. The prices are distributed with arithmetic mean of 0.24. The median price for the last 90 days is 0.24. The company had 4:3 stock split on 8th of February 2007.
OpenHighLowCloseVolume
12/13/2024
 0.23  0.23  0.22  0.22 
12/12/2024 0.23  0.23  0.22  0.22  28,500 
12/11/2024 0.22  0.23  0.22  0.22  114,400 
12/10/2024 0.22  0.22  0.22  0.22  125,600 
12/09/2024 0.22  0.22  0.22  0.22  48,800 
12/06/2024 0.22  0.23  0.22  0.22  241,000 
12/05/2024 0.22  0.23  0.22  0.22  120,400 
12/04/2024 0.22  0.23  0.22  0.23  288,700 
12/03/2024 0.22  0.22  0.22  0.22  80,000 
12/02/2024 0.22  0.22  0.22  0.22  102,600 
11/29/2024 0.23  0.23  0.22  0.22  365,200 
11/28/2024 0.23  0.23  0.23  0.23  214,100 
11/27/2024 0.23  0.23  0.22  0.23  64,500 
11/26/2024 0.23  0.23  0.23  0.23  133,200 
11/25/2024 0.23  0.23  0.23  0.23  1.00 
11/22/2024 0.23  0.23  0.23  0.23  63,000 
11/21/2024 0.23  0.23  0.23  0.23  83,200 
11/20/2024 0.23  0.24  0.23  0.23  47,100 
11/19/2024 0.23  0.23  0.23  0.23  119,300 
11/18/2024 0.23  0.23  0.23  0.23  118,300 
11/15/2024 0.23  0.23  0.23  0.23  154,100 
11/14/2024 0.23  0.23  0.23  0.23  86,900 
11/13/2024 0.23  0.23  0.23  0.23  30,800 
11/12/2024 0.23  0.23  0.23  0.23  24,500 
11/11/2024 0.24  0.24  0.24  0.24  1,600 
11/08/2024 0.23  0.23  0.23  0.23  99,000 
11/07/2024 0.24  0.24  0.24  0.24  50,000 
11/06/2024 0.23  0.24  0.23  0.24  162,800 
11/05/2024 0.23  0.23  0.23  0.23  88,200 
11/04/2024 0.23  0.23  0.23  0.23  163,500 
11/01/2024 0.23  0.23  0.23  0.23  70,000 
10/30/2024 0.23  0.23  0.23  0.23  234,000 
10/29/2024 0.23  0.24  0.23  0.24  34,200 
10/28/2024 0.23  0.24  0.23  0.24  281,500 
10/25/2024 0.24  0.24  0.24  0.24  271,500 
10/24/2024 0.24  0.24  0.24  0.24  16,400 
10/23/2024 0.24  0.25  0.24  0.24  82,000 
10/22/2024 0.24  0.24  0.24  0.24  235,300 
10/21/2024 0.24  0.24  0.24  0.24  150,300 
10/18/2024 0.24  0.25  0.24  0.25  162,000 
10/17/2024 0.24  0.24  0.24  0.24  12,000 
10/16/2024 0.24  0.25  0.24  0.24  34,200 
10/15/2024 0.25  0.25  0.24  0.24  34,900 
10/14/2024 0.25  0.25  0.25  0.25  73,300 
10/11/2024 0.25  0.25  0.25  0.25  91,000 
10/10/2024 0.25  0.25  0.25  0.25  593,900 
10/09/2024 0.25  0.25  0.25  0.25  195,600 
10/08/2024 0.25  0.25  0.24  0.25  275,000 
10/07/2024 0.24  0.25  0.24  0.25  210,900 
10/04/2024 0.25  0.25  0.24  0.24  281,700 
10/03/2024 0.25  0.25  0.25  0.25  40,800 
10/02/2024 0.25  0.25  0.25  0.25  268,300 
10/01/2024 0.25  0.26  0.25  0.26  539,300 
09/30/2024 0.25  0.25  0.25  0.25  34,500 
09/27/2024 0.25  0.25  0.25  0.25  175,700 
09/26/2024 0.25  0.25  0.25  0.25  67,500 
09/25/2024 0.25  0.25  0.25  0.25  106,000 
09/24/2024 0.25  0.25  0.25  0.25  99,400 
09/23/2024 0.25  0.25  0.25  0.25  99,800 
09/20/2024 0.26  0.26  0.26  0.26  542,000 
09/19/2024 0.25  0.25  0.25  0.25  102,900 

About Melewar Industrial Stock history

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

Melewar Industrial Stock Technical Analysis

Melewar Industrial 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 Melewar Industrial technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Melewar Industrial 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...

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Melewar Industrial Technical and Predictive Indicators

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

Melewar Industrial financial ratios help investors to determine whether Melewar 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 Melewar with respect to the benefits of owning Melewar Industrial security.