MTouche Technology (Malaysia) Market Value

0092 Stock   0.04  0.01  12.50%   
MTouche Technology's market value is the price at which a share of MTouche Technology trades on a public exchange. It measures the collective expectations of mTouche Technology Bhd investors about its performance. MTouche Technology is selling for 0.035 as of the 18th of March 2025. This is a 12.5 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.035.
With this module, you can estimate the performance of a buy and hold strategy of mTouche Technology Bhd and determine expected loss or profit from investing in MTouche Technology over a given investment horizon. Check out MTouche Technology Correlation, MTouche Technology Volatility and MTouche Technology Alpha and Beta module to complement your research on MTouche Technology.
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Please note, there is a significant difference between MTouche Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if MTouche Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MTouche Technology'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.

MTouche Technology 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to MTouche Technology's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of MTouche Technology.
0.00
12/18/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/18/2025
0.00
If you would invest  0.00  in MTouche Technology on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding mTouche Technology Bhd or generate 0.0% return on investment in MTouche Technology over 90 days. MTouche Technology is related to or competes with Public Bank, Mercury Industries, Melewar Industrial, British American, Eonmetall Group, Sports Toto, and Sanichi Technology. More

MTouche Technology Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure MTouche Technology's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess mTouche Technology Bhd upside and downside potential and time the market with a certain degree of confidence.

MTouche Technology Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for MTouche Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MTouche Technology's standard deviation. In reality, there are many statistical measures that can use MTouche Technology historical prices to predict the future MTouche Technology's volatility.
Hype
Prediction
LowEstimatedHigh
0.000.0411.34
Details
Intrinsic
Valuation
LowRealHigh
0.000.0311.33
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mTouche Technology Bhd Backtested Returns

MTouche Technology appears to be out of control, given 3 months investment horizon. mTouche Technology Bhd has Sharpe Ratio of 0.056, which conveys that the firm had a 0.056 % return per unit of risk over the last 3 months. By analyzing MTouche Technology's technical indicators, you can evaluate if the expected return of 0.63% is justified by implied risk. Please exercise MTouche Technology's Market Risk Adjusted Performance of 7.41, risk adjusted performance of 0.0564, and Downside Deviation of 17.07 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, MTouche Technology holds a performance score of 4. The company secures a Beta (Market Risk) of 0.0787, which conveys not very significant fluctuations relative to the market. As returns on the market increase, MTouche Technology's returns are expected to increase less than the market. However, during the bear market, the loss of holding MTouche Technology is expected to be smaller as well. Please check MTouche Technology's downside deviation, information ratio, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether MTouche Technology's current price movements will revert.

Auto-correlation

    
  0.11  

Insignificant predictability

mTouche Technology Bhd has insignificant predictability. Overlapping area represents the amount of predictability between MTouche Technology time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of mTouche Technology Bhd price movement. The serial correlation of 0.11 indicates that less than 11.0% of current MTouche Technology price fluctuation can be explain by its past prices.
Correlation Coefficient0.11
Spearman Rank Test0.14
Residual Average0.0
Price Variance0.0

mTouche Technology Bhd lagged returns against current returns

Autocorrelation, which is MTouche Technology stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting MTouche Technology's stock expected returns. We can calculate the autocorrelation of MTouche Technology returns to help us make a trade decision. For example, suppose you find that MTouche Technology has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

MTouche Technology regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If MTouche Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MTouche Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MTouche Technology stock over time.
   Current vs Lagged Prices   
       Timeline  

MTouche Technology Lagged Returns

When evaluating MTouche Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MTouche Technology stock have on its future price. MTouche Technology autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, MTouche Technology autocorrelation shows the relationship between MTouche Technology stock current value and its past values and can show if there is a momentum factor associated with investing in mTouche Technology Bhd.
   Regressed Prices   
       Timeline  

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in MTouche Stock

MTouche Technology financial ratios help investors to determine whether MTouche 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 MTouche with respect to the benefits of owning MTouche Technology security.