Resintech Bhd (Malaysia) Price on November 29, 2024
| 7232 Stock | 0.67 0.01 1.47% |
If you're considering investing in Resintech Stock, it is important to understand the factors that can impact its price. As of today, the current price of Resintech Bhd stands at 0.67, as last reported on the 11th of December 2024, with the highest price reaching 0.68 and the lowest price hitting 0.67 during the day. Resintech Bhd appears to be dangerous, given 3 months investment horizon. Resintech Bhd maintains Sharpe Ratio (i.e., Efficiency) of 0.1, which implies the firm had a 0.1% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Resintech Bhd, which you can use to evaluate the volatility of the company. Please evaluate Resintech Bhd's Risk Adjusted Performance of 0.0854, coefficient of variation of 912.01, and Semi Deviation of 1.25 to confirm if our risk estimates are consistent with your expectations.
Resintech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Resintech |
Sharpe Ratio = 0.1008
| Best Portfolio | Best Equity | |||
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| Small Returns | 7232 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.95 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Resintech Bhd is performing at about 7% 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 Resintech Bhd by adding it to a well-diversified portfolio.
Resintech Bhd Valuation on November 29, 2024
It is possible to determine the worth of Resintech Bhd on a given historical date. On November 29, 2024 Resintech was worth 0.63 at the beginning of the trading date compared to the closed value of 0.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Resintech Bhd stock. Still, in general, we apply an absolute valuation method to find Resintech Bhd'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 Resintech Bhd where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Resintech Bhd's related companies.
| Open | High | Low | Close | Volume | |
| 0.63 | 0.63 | 0.62 | 0.63 | 109,700 | |
11/29/2024 | 0.63 | 0.64 | 0.63 | 0.63 | 20,100 |
| 0.64 | 0.66 | 0.64 | 0.66 | 266,600 |
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Resintech Bhd Trading Date Momentum on November 29, 2024
| On December 02 2024 Resintech Bhd was traded for 0.66 at the closing time. The highest price during the trading period was 0.66 and the lowest recorded bid was listed for 0.64 . The volume for the day was 266.6 K. This history from December 2, 2024 contributed to the next trading day price upswing. The daily price change to the next closing price was 4.76% . The trading delta at closing time to the current price is 6.35% . |
Resintech Bhd Fundamentals Correlations and Trends
By evaluating Resintech Bhd's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Resintech Bhd's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Resintech financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Resintech Bhd Stock history
Resintech Bhd 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 Resintech is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Resintech Bhd 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 Resintech Bhd stock prices may prove useful in developing a viable investing in Resintech Bhd
Resintech Bhd Stock Technical Analysis
Resintech Bhd 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
Resintech Bhd Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Resintech Bhd 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.
Resintech Bhd December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Resintech Bhd stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Resintech Bhd shares will generate the highest return on investment. By undertsting and applying Resintech Bhd stock market strength indicators, traders can identify Resintech Bhd entry and exit signals to maximize returns
Resintech Bhd Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Resintech Bhd's price direction in advance. Along with the technical and fundamental analysis of Resintech Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Resintech 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 | 0.0854 | |||
| Jensen Alpha | 0.1447 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.0425 | |||
| Treynor Ratio | 0.4096 |
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Other Information on Investing in Resintech Stock
Resintech Bhd financial ratios help investors to determine whether Resintech 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 Resintech with respect to the benefits of owning Resintech Bhd security.