Founder Group Limited Stock Price on December 11, 2024

FGL Stock   2.14  0.06  2.73%   
If you're considering investing in Founder Stock, it is important to understand the factors that can impact its price. As of today, the current price of Founder Group stands at 2.14, as last reported on the 12th of December 2024, with the highest price reaching 2.79 and the lowest price hitting 2.11 during the day. Founder Group Limited secures Sharpe Ratio (or Efficiency) of -0.0044, which denotes the company had a -0.0044% return per unit of risk over the last 3 months. Founder Group Limited exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Founder Group's Coefficient Of Variation of 138410.84, mean deviation of 10.36, and Downside Deviation of 13.73 to check the risk estimate we provide.
  
Founder Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0044

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Negative ReturnsFGL

Estimated Market Risk

 14.91
  actual daily
96
96% of assets are less volatile

Expected Return

 -0.07
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average Founder Group 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 Founder Group by adding Founder Group to a well-diversified portfolio.
Shares Short Prior Month
33.7 K
Market Capitalization
67.7 M
Shares Short
28.4 K

Founder Group Main Headline on 11th of December 2024

KUALA LUMPUR, Malaysia, Dec. 11, 2024 -- Founder Group Limited , a leading engineering, proc

Founder Group Valuation on December 11, 2024

It is possible to determine the worth of Founder Group on a given historical date. On December 11, 2024 Founder was worth 2.58 at the beginning of the trading date compared to the closed value of 2.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Founder Group stock. Still, in general, we apply an absolute valuation method to find Founder Group'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 Founder Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Founder Group's related companies.
 Open High Low Close Volume
  2.35    2.53    1.92    2.27    178,218  
12/11/2024
  2.58    2.58    1.99    2.20    589,974  
  2.15    2.79    2.11    2.14    452,100  
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Open Value
2.58
2.2
Closing Value
47.30
Upside

Founder Group Trading Date Momentum on December 11, 2024

On December 12 2024 Founder Group Limited was traded for  2.14  at the closing time. Highest Founder Group's price during the trading hours was 2.79  and the lowest price during the day was  2.11 . The net volume was 452.1 K. The overall trading history on the 12th of December 2024 contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 2.73% . The overall trading delta to current price is 2.27% .

Founder Group Limited Fundamentals Correlations and Trends

By evaluating Founder Group'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 Founder Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Founder financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Founder Group Stock history

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

Founder Group Stock Technical Analysis

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

Price Boundaries

Founder Group Period Price Range

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Founder Group Limited cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Founder Group December 12, 2024 Market Strength

Market strength indicators help investors to evaluate how Founder Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Founder Group shares will generate the highest return on investment. By undertsting and applying Founder Group stock market strength indicators, traders can identify Founder Group Limited entry and exit signals to maximize returns

Founder Group Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Founder Group's price direction in advance. Along with the technical and fundamental analysis of Founder Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Founder 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.
When determining whether Founder Group Limited is a strong investment it is important to analyze Founder Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Founder Group's future performance. For an informed investment choice regarding Founder Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Founder Group Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Construction space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Founder Group. If investors know Founder will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Founder Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Founder Group Limited is measured differently than its book value, which is the value of Founder that is recorded on the company's balance sheet. Investors also form their own opinion of Founder Group's value that differs from its market value or its book value, called intrinsic value, which is Founder Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Founder Group's market value can be influenced by many factors that don't directly affect Founder Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Founder Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Founder Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Founder Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.