ITMAX System (Malaysia) Price on September 26, 2024
| 5309 Stock | 3.60 0.08 2.27% |
If you're considering investing in ITMAX Stock, it is important to understand the factors that can impact its price. As of today, the current price of ITMAX System stands at 3.60, as last reported on the 30th of December, with the highest price reaching 3.62 and the lowest price hitting 3.52 during the day. As of now, ITMAX Stock is slightly risky. ITMAX System Berhad holds Efficiency (Sharpe) Ratio of 0.0367, which attests that the entity had a 0.0367% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for ITMAX System Berhad, which you can use to evaluate the volatility of the firm. Please check out ITMAX System's risk adjusted performance of 0.0115, and Market Risk Adjusted Performance of (0.01) to validate if the risk estimate we provide is consistent with the expected return of 0.0562%.
ITMAX Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ITMAX |
Sharpe Ratio = 0.0367
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | 5309 | High Risk | Huge Risk |
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Estimated Market Risk
| 1.53 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average ITMAX System is performing at about 2% of its full potential. 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 ITMAX System by adding it to a well-diversified portfolio.
ITMAX System Valuation on September 26, 2024
It is possible to determine the worth of ITMAX System on a given historical date. On September 26, 2024 ITMAX was worth 3.6 at the beginning of the trading date compared to the closed value of 3.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ITMAX System stock. Still, in general, we apply an absolute valuation method to find ITMAX System'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 ITMAX System where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ITMAX System's related companies.
| Open | High | Low | Close | Volume | |
| 3.60 | 3.62 | 3.52 | 3.60 | 2,126,200 | |
09/26/2024 | 3.60 | 3.60 | 3.41 | 3.48 | 2,226,400 |
| 3.47 | 3.59 | 3.38 | 3.58 | 1,798,500 |
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ITMAX System Trading Date Momentum on September 26, 2024
| On September 27 2024 ITMAX System Berhad was traded for 3.58 at the closing time. The highest price during the trading period was 3.59 and the lowest recorded bid was listed for 3.38 . The volume for the day was 1.8 M. This history from September 27, 2024 contributed to the next trading day price upswing. The daily price change to the next closing price was 2.87% . The trading delta at closing time to the current price is 0.29% . |
Price Boundaries
ITMAX System Period Price Range
Low | December 30, 2024
| High |
0.00 | 0.00 |
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ITMAX System December 30, 2024 Market Strength
Market strength indicators help investors to evaluate how ITMAX System stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ITMAX System shares will generate the highest return on investment. By undertsting and applying ITMAX System stock market strength indicators, traders can identify ITMAX System Berhad entry and exit signals to maximize returns
ITMAX System Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ITMAX System's price direction in advance. Along with the technical and fundamental analysis of ITMAX Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ITMAX 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.