Tadmax Resources (Malaysia) Price on March 9, 2023
| 4022 Stock | 0.28 0.01 3.70% |
If you're considering investing in Tadmax Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tadmax Resources stands at 0.28, as last reported on the 25th of March, with the highest price reaching 0.28 and the lowest price hitting 0.27 during the day. Tadmax Resources Berhad owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0417, which indicates the firm had a -0.0417 % return per unit of risk over the last 3 months. Tadmax Resources Berhad exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tadmax Resources' Risk Adjusted Performance of (0.06), variance of 8.7, and Coefficient Of Variation of (1,426) to confirm the risk estimate we provide.
Tadmax Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tadmax |
Sharpe Ratio = -0.0417
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 4022 |
Estimated Market Risk
| 3.1 actual daily | 27 73% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tadmax Resources 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 Tadmax Resources by adding Tadmax Resources to a well-diversified portfolio.
Tadmax Resources Valuation on March 9, 2023
It is possible to determine the worth of Tadmax Resources on a given historical date. On March 9, 2023 Tadmax was worth 0.42 at the beginning of the trading date compared to the closed value of 0.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tadmax Resources stock. Still, in general, we apply an absolute valuation method to find Tadmax Resources' 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 Tadmax Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tadmax Resources' related companies.
| Open | High | Low | Close | Volume | |
03/09/2023 | 0.42 | 0.42 | 0.40 | 0.40 | 247,300 |
| 0.39 | 0.41 | 0.39 | 0.39 | 45,300 |
| Backtest Tadmax Resources | | | Tadmax Resources History | | | Tadmax Resources Valuation | Next |
Tadmax Resources Trading Date Momentum on March 9, 2023
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Tadmax Resources Berhad Fundamentals Correlations and Trends
By evaluating Tadmax Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Tadmax Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tadmax financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tadmax Resources Stock history
Tadmax Resources 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 Tadmax is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tadmax Resources Berhad 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 Tadmax Resources stock prices may prove useful in developing a viable investing in Tadmax Resources
Tadmax Resources Stock Technical Analysis
Tadmax Resources 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
Tadmax Resources Period Price Range
Low | March 25, 2025
| High |
0.00 | 0.00 |
Tadmax Resources Berhad 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.
Tadmax Resources March 25, 2025 Market Strength
Market strength indicators help investors to evaluate how Tadmax Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tadmax Resources shares will generate the highest return on investment. By undertsting and applying Tadmax Resources stock market strength indicators, traders can identify Tadmax Resources Berhad entry and exit signals to maximize returns
Tadmax Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tadmax Resources' price direction in advance. Along with the technical and fundamental analysis of Tadmax Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tadmax 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 | (0.06) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.1) | |||
| Treynor Ratio | (0.38) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Tadmax Stock
Tadmax Resources financial ratios help investors to determine whether Tadmax 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 Tadmax with respect to the benefits of owning Tadmax Resources security.