TechnoDex Bhd (Malaysia) Buy Hold or Sell Recommendation
| 0132 Stock | 0.05 0.01 11.11% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding TechnoDex Bhd is 'Strong Sell'. The recommendation algorithm takes into account all of TechnoDex Bhd's available fundamental, technical, and predictive indicators you will find on this site.
Check out TechnoDex Bhd Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as TechnoDex and provide practical buy, sell, or hold advice based on investors' constraints. TechnoDex Bhd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
TechnoDex |
Execute TechnoDex Bhd Buy or Sell Advice
The TechnoDex recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on TechnoDex Bhd. Macroaxis does not own or have any residual interests in TechnoDex Bhd or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute TechnoDex Bhd's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves slightly opposite to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
TechnoDex Bhd Trading Alerts and Improvement Suggestions
| TechnoDex Bhd had very high historical volatility over the last 90 days | |
| TechnoDex Bhd has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 34.86 M. Net Loss for the year was (9.05 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| TechnoDex Bhd generates negative cash flow from operations |
TechnoDex Bhd Returns Distribution Density
The distribution of TechnoDex Bhd's historical returns is an attempt to chart the uncertainty of TechnoDex Bhd's future price movements. The chart of the probability distribution of TechnoDex Bhd daily returns describes the distribution of returns around its average expected value. We use TechnoDex Bhd price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of TechnoDex Bhd returns is essential to provide solid investment advice for TechnoDex Bhd.
| Mean Return | -0.13 | Value At Risk | -10 | Potential Upside | 11.11 | Standard Deviation | 5.36 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of TechnoDex Bhd historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
TechnoDex Bhd Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to TechnoDex Bhd or Software & IT Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that TechnoDex Bhd's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a TechnoDex stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 1.16 | |
σ | Overall volatility | 5.15 | |
Ir | Information ratio | -0.0066 |
TechnoDex Bhd Volatility Alert
TechnoDex Bhd exhibits very low volatility with skewness of 0.23 and kurtosis of 0.97. TechnoDex Bhd is a penny stock. Although TechnoDex Bhd may be in fact a good investment, many penny stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in TechnoDex Bhd. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on TechnoDex instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.TechnoDex Bhd Fundamentals Vs Peers
Comparing TechnoDex Bhd's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze TechnoDex Bhd's direct or indirect competition across all of the common fundamentals between TechnoDex Bhd and the related equities. This way, we can detect undervalued stocks with similar characteristics as TechnoDex Bhd or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of TechnoDex Bhd's fundamental indicators could also be used in its relative valuation, which is a method of valuing TechnoDex Bhd by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare TechnoDex Bhd to competition |
| Fundamentals | TechnoDex Bhd | Peer Average |
| Return On Equity | -31.29 | -0.31 |
| Current Valuation | 62.09 M | 16.62 B |
| Price To Book | 2.55 X | 9.51 X |
| Price To Sales | 1.65 X | 11.42 X |
| Revenue | 34.86 M | 9.43 B |
| EBITDA | (6.48 M) | 3.9 B |
| Net Income | (9.05 M) | 570.98 M |
| Total Debt | 593.58 K | 5.32 B |
| Cash Flow From Operations | (8.04 M) | 971.22 M |
| Market Capitalization | 84.38 M | 19.03 B |
| Total Asset | 38.44 M | 29.47 B |
| Z Score | 85.2 | 8.72 |
| Net Asset | 38.44 M |
TechnoDex Bhd Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as TechnoDex . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About TechnoDex Bhd Buy or Sell Advice
When is the right time to buy or sell TechnoDex Bhd? Buying financial instruments such as TechnoDex Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Other Information on Investing in TechnoDex Stock
TechnoDex Bhd financial ratios help investors to determine whether TechnoDex 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 TechnoDex with respect to the benefits of owning TechnoDex Bhd security.