MyTech Group (Malaysia) Performance
| 7692 Stock | 0.38 0.03 7.32% |
The company secures a Beta (Market Risk) of -0.9, which conveys possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning MyTech Group are expected to decrease slowly. On the other hand, during market turmoil, MyTech Group is expected to outperform it slightly. At this point, MyTech Group Bhd has a negative expected return of -0.25%. Please make sure to verify MyTech Group's treynor ratio, potential upside, and the relationship between the total risk alpha and maximum drawdown , to decide if MyTech Group Bhd performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days MyTech Group Bhd has generated negative risk-adjusted returns adding no value to investors with long positions. Despite conflicting performance in the last few months, the Stock's basic indicators remain quite persistent which may send shares a bit higher in December 2024. The latest mess may also be a sign of long-standing up-swing for the company institutional investors. ...more
| Begin Period Cash Flow | 22.6 M | |
| Total Cashflows From Investing Activities | 131.9 K | |
| Free Cash Flow | 2.6 M |
MyTech |
MyTech Group Relative Risk vs. Return Landscape
If you would invest 46.00 in MyTech Group Bhd on September 1, 2024 and sell it today you would lose (8.00) from holding MyTech Group Bhd or give up 17.39% of portfolio value over 90 days. MyTech Group Bhd is generating negative expected returns and assumes 3.3433% volatility on return distribution over the 90 days horizon. Simply put, 29% of stocks are less volatile than MyTech, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
MyTech Group Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for MyTech Group's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as MyTech Group Bhd, and traders can use it to determine the average amount a MyTech Group's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0744
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 7692 |
Estimated Market Risk
| 3.34 actual daily | 29 71% of assets are more volatile |
Expected Return
| -0.25 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average MyTech 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 MyTech Group by adding MyTech Group to a well-diversified portfolio.
MyTech Group Fundamentals Growth
MyTech Stock prices reflect investors' perceptions of the future prospects and financial health of MyTech Group, and MyTech Group fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on MyTech Stock performance.
| Return On Equity | 4.28 | |||
| Current Valuation | 90.55 M | |||
| Price To Book | 3.08 X | |||
| Price To Sales | 8.96 X | |||
| Revenue | 10.7 M | |||
| EBITDA | 3.03 M | |||
| Cash And Equivalents | 25.09 M | |||
| Total Debt | 1.61 M | |||
| Cash Flow From Operations | 2.84 M | |||
| Total Asset | 40.53 M | |||
About MyTech Group Performance
By examining MyTech Group's fundamental ratios, stakeholders can obtain critical insights into MyTech Group's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that MyTech Group is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Things to note about MyTech Group Bhd performance evaluation
Checking the ongoing alerts about MyTech Group for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for MyTech Group Bhd help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| MyTech Group Bhd generated a negative expected return over the last 90 days | |
| MyTech Group Bhd has some characteristics of a very speculative penny stock | |
| MyTech Group Bhd has high historical volatility and very poor performance |
- Analyzing MyTech Group's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether MyTech Group's stock is overvalued or undervalued compared to its peers.
- Examining MyTech Group's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating MyTech Group's management team can have a significant impact on its success or failure. Reviewing the track record and experience of MyTech Group's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of MyTech Group's stock. These opinions can provide insight into MyTech Group's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in MyTech Stock
MyTech Group financial ratios help investors to determine whether MyTech 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 MyTech with respect to the benefits of owning MyTech Group security.