Magni Tech (Malaysia) Price History

7087 Stock   2.70  0.01  0.37%   
If you're considering investing in Magni Stock, it is important to understand the factors that can impact its price. As of today, the current price of Magni Tech stands at 2.70, as last reported on the 1st of December, with the highest price reaching 2.71 and the lowest price hitting 2.69 during the day. Magni Tech appears to be slightly risky, given 3 months investment horizon. Magni Tech Industries has Sharpe Ratio of 0.17, which conveys that the firm had a 0.17% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Magni Tech, which you can use to evaluate the volatility of the firm. Please exercise Magni Tech's Downside Deviation of 1.08, mean deviation of 0.9407, and Risk Adjusted Performance of 0.1318 to check out if our risk estimates are consistent with your expectations.
  
Magni Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1676

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns7087
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 1.84
  actual daily
16
84% of assets are more volatile

Expected Return

 0.31
  actual daily
6
94% of assets have higher returns

Risk-Adjusted Return

 0.17
  actual daily
13
87% of assets perform better
Based on monthly moving average Magni Tech is performing at about 13% 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 Magni Tech by adding it to a well-diversified portfolio.

Magni Tech Stock Price History Chart

There are several ways to analyze Magni Stock price data. The simplest method is using a basic Magni candlestick price chart, which shows Magni Tech price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceNovember 27, 20242.71
Lowest PriceOctober 7, 20242.42

Magni Tech December 1, 2024 Stock Price Synopsis

Various analyses of Magni Tech's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Magni Stock. It can be used to describe the percentage change in the price of Magni Tech from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Magni Stock.
Magni Tech Price Rate Of Daily Change 1.00 
Magni Tech Price Daily Balance Of Power(0.50)

Magni Tech December 1, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Magni Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Magni Tech intraday prices and daily technical indicators to check the level of noise trading in Magni Stock and then apply it to test your longer-term investment strategies against Magni.

Magni Stock Price History Data

The price series of Magni Tech for the period between Mon, Sep 2, 2024 and Sun, Dec 1, 2024 has a statistical range of 0.47 with a coefficient of variation of 3.95. The prices are distributed with arithmetic mean of 2.49. The median price for the last 90 days is 2.49. The company had 8:3 stock split on 14th of October 2019. Magni Tech Industries issued dividends on 2021-03-22.
OpenHighLowCloseVolume
12/01/2024
 2.70  2.71  2.69  2.70 
11/29/2024 2.70  2.71  2.69  2.70  282,400 
11/28/2024 2.71  2.71  2.64  2.70  374,600 
11/27/2024 2.72  2.72  2.70  2.71  458,800 
11/26/2024 2.66  2.71  2.66  2.70  2,128,100 
11/25/2024 2.57  2.68  2.56  2.66  1,000,100 
11/22/2024 2.55  2.57  2.55  2.57  609,700 
11/21/2024 2.55  2.56  2.52  2.56  289,300 
11/20/2024 2.54  2.55  2.54  2.54  22,100 
11/19/2024 2.55  2.56  2.53  2.53  692,800 
11/18/2024 2.50  2.54  2.50  2.54  201,400 
11/15/2024 2.49  2.51  2.48  2.51  150,600 
11/14/2024 2.51  2.52  2.43  2.49  95,800 
11/13/2024 2.51  2.51  2.46  2.51  33,700 
11/12/2024 2.47  2.51  2.47  2.51  189,800 
11/11/2024 2.48  2.48  2.45  2.48  95,100 
11/08/2024 2.47  2.49  2.45  2.48  168,100 
11/07/2024 2.48  2.48  2.44  2.47  29,400 
11/06/2024 2.44  2.48  2.43  2.48  111,200 
11/05/2024 2.43  2.45  2.42  2.43  92,900 
11/04/2024 2.45  2.45  2.41  2.44  89,400 
11/01/2024 2.45  2.45  2.43  2.43  31,000 
10/30/2024 2.44  2.44  2.41  2.43  153,000 
10/29/2024 2.44  2.44  2.42  2.43  53,000 
10/28/2024 2.42  2.45  2.42  2.45  35,200 
10/25/2024 2.45  2.45  2.41  2.42  185,300 
10/24/2024 2.46  2.48  2.44  2.45  74,700 
10/23/2024 2.44  2.47  2.43  2.47  21,300 
10/22/2024 2.45  2.46  2.43  2.43  376,500 
10/21/2024 2.45  2.48  2.45  2.47  75,500 
10/18/2024 2.48  2.48  2.46  2.47  29,000 
10/17/2024 2.46  2.47  2.43  2.45  179,000 
10/16/2024 2.45  2.47  2.44  2.46  51,600 
10/15/2024 2.45  2.45  2.43  2.45  79,000 
10/14/2024 2.43  2.45  2.41  2.45  116,300 
10/11/2024 2.44  2.50  2.41  2.43  171,800 
10/10/2024 2.44  2.46  2.43  2.46  731,000 
10/09/2024 2.42  2.45  2.40  2.44  79,300 
10/08/2024 2.42  2.43  2.40  2.42  111,000 
10/07/2024 2.43  2.43  2.37  2.42  343,700 
10/04/2024 2.42  2.47  2.40  2.43  262,900 
10/03/2024 2.50  2.50  2.40  2.43  505,600 
10/02/2024 2.52  2.53  2.50  2.51  211,300 
10/01/2024 2.54  2.55  2.52  2.53  141,100 
09/30/2024 2.52  2.54  2.49  2.53  292,300 
09/27/2024 2.53  2.54  2.50  2.53  69,800 
09/26/2024 2.52  2.53  2.48  2.52  182,900 
09/25/2024 2.56  2.57  2.52  2.53  140,300 
09/24/2024 2.54  2.58  2.54  2.55  136,100 
09/23/2024 2.58  2.59  2.54  2.56  118,200 
09/20/2024 2.53  2.59  2.53  2.58  446,300 
09/19/2024 2.54  2.54  2.52  2.53  123,400 
09/18/2024 2.55  2.55  2.51  2.52  946,600 
09/17/2024 2.55  2.59  2.52  2.55  408,100 
09/13/2024 2.51  2.57  2.50  2.55  857,700 
09/12/2024 2.49  2.53  2.49  2.51  207,800 
09/11/2024 2.48  2.50  2.46  2.49  204,000 
09/10/2024 2.50  2.53  2.46  2.48  305,500 
09/09/2024 2.49  2.53  2.48  2.51  574,700 
09/06/2024 2.50  2.54  2.48  2.53  299,900 
09/05/2024 2.54  2.57  2.46  2.51  1,270,500 

About Magni Tech Stock history

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

Magni Tech Stock Technical Analysis

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

Did you try this?

Run Analyst Advice Now

   

Analyst Advice

Analyst recommendations and target price estimates broken down by several categories
All  Next Launch Module

Magni Tech Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Magni Tech's price direction in advance. Along with the technical and fundamental analysis of Magni Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Magni 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.

Other Information on Investing in Magni Stock

Magni Tech financial ratios help investors to determine whether Magni 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 Magni with respect to the benefits of owning Magni Tech security.