MyTech Group (Malaysia) Analysis
| 7692 Stock | 0.42 0.00 0.00% |
MyTech Group Bhd is overvalued with Real Value of 0.36 and Hype Value of 0.42. The main objective of MyTech Group stock analysis is to determine its intrinsic value, which is an estimate of what MyTech Group Bhd is worth, separate from its market price. There are two main types of MyTech Group's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect MyTech Group's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of MyTech Group's stock to identify patterns and trends that may indicate its future price movements.
The MyTech Group stock is traded in Malaysia on Kuala Lumpur Exchange, with the market opening at 09:00:00 and closing at 16:45:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Malaysia.
MyTech |
MyTech Stock Analysis Notes
The company had not issued any dividends in recent years. MyTech Group Bhd had 5:1 split on the 18th of November 2021.MyTech Group Bhd Investment Alerts
| MyTech Group Bhd has some characteristics of a very speculative penny stock | |
| MyTech Group Bhd had very high historical volatility over the last 90 days |
MyTech Group Thematic Classifications
In addition to having MyTech Group stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | ITInformation technology and IT services |
MyTech Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 114.12 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate MyTech Group's market, we take the total number of its shares issued and multiply it by MyTech Group's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Technical Drivers
As of the 23rd of November, MyTech Group secures the Market Risk Adjusted Performance of (0.50), risk adjusted performance of 0.0292, and Mean Deviation of 1.75. MyTech Group Bhd technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Please verify MyTech Group Bhd standard deviation, information ratio, treynor ratio, as well as the relationship between the variance and jensen alpha to decide if MyTech Group Bhd is priced some-what accurately, providing market reflects its recent price of 0.42 per share.MyTech Group Bhd Price Movement Analysis
The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. MyTech Group middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for MyTech Group Bhd. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
MyTech Group Predictive Daily Indicators
MyTech Group intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of MyTech Group stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
MyTech Group Forecast Models
MyTech Group's time-series forecasting models are one of many MyTech Group's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary MyTech Group's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding MyTech Group to your portfolios without increasing risk or reducing expected return.Did you try this?
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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.