KL Technology (Malaysia) Price on September 30, 2024
| KLTE Index | 59.66 0.08 0.13% |
Below is the normalized historical share price chart for KL Technology extending back to November 17, 2011. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of KL Technology stands at 59.66, as last reported on the 28th of November, with the highest price reaching 59.86 and the lowest price hitting 59.43 during the day.
If you're considering investing in KLTE Index, it is important to understand the factors that can impact its price. KL Technology retains Efficiency (Sharpe Ratio) of -0.061, which conveys that the entity had a -0.061% return per unit of price deviation over the last 3 months. KL Technology exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. KLTE Index price history is provided at the adjusted basis, taking into account all of the recent filings.
Sharpe Ratio = -0.061
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | KLTE |
Estimated Market Risk
| 1.46 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average KL Technology 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 KL Technology by adding KL Technology to a well-diversified portfolio.
KL Technology Valuation on September 30, 2024
It is possible to determine the worth of KL Technology on a given historical date. On September 30, 2024 KLTE was worth 58.93 at the beginning of the trading date compared to the closed value of 58.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of KL Technology index. Still, in general, we apply an absolute valuation method to find KL Technology'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 KL Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against KL Technology's related companies.
| Open | High | Low | Close | Volume | |
| 58.99 | 59.01 | 58.40 | 58.78 | 188,077,100 | |
09/30/2024 | 58.93 | 59.17 | 58.50 | 58.83 | 167,662,000 |
| 59.01 | 59.94 | 58.80 | 59.94 | 276,792,100 |
| Backtest KL Technology | | | KL Technology History | Previous | Next |
KL Technology Trading Date Momentum on September 30, 2024
| On October 01 2024 KL Technology was traded for 59.94 at the closing time. The highest price during the trading period was 59.94 and the lowest recorded bid was listed for 58.80 . The volume for the day was 276.8 M. This history from October 1, 2024 contributed to the next trading day price boost. The trading delta at closing time to the next closing price was 1.89% . The trading delta at closing time to the current price is 0.46% . |
Price Boundaries
KL Technology Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
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KL Technology November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how KL Technology index reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading KL Technology shares will generate the highest return on investment. By undertsting and applying KL Technology index market strength indicators, traders can identify KL Technology entry and exit signals to maximize returns
KL Technology Technical Drivers
KL Technology November 28, 2024 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for KL Technology's price direction in advance. Along with the technical and fundamental analysis of KLTE Index historical price patterns, it is also worthwhile for investors to track various predictive indicators of KLTE 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 | (0.08) | |||
| Mean Deviation | 1.11 | |||
| Coefficient Of Variation | (900.04) | |||
| Standard Deviation | 1.52 | |||
| Variance | 2.31 | |||
| Information Ratio | (0.20) | |||
| Total Risk Alpha | (0.42) | |||
| Maximum Drawdown | 8.25 | |||
| Value At Risk | (2.31) | |||
| Potential Upside | 2.17 | |||
| Skewness | 1.13 | |||
| Kurtosis | 3.67 |
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| Volume Indicators |