Top Glove (Malaysia) Analysis
| 7113 Stock | 1.16 0.07 6.42% |
Top Glove is undervalued with Real Value of 0.3 and Hype Value of 0.0. The main objective of Top Glove stock analysis is to determine its intrinsic value, which is an estimate of what Top Glove is worth, separate from its market price. There are two main types of Top Glove's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Top Glove's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Top Glove's stock to identify patterns and trends that may indicate its future price movements.
The Top Glove 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.
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Top Stock Analysis Notes
The company has Price-to-Book (P/B) ratio of 1.0. In the past many companies with similar price-to-book ratios have beat the market. Top Glove had not issued any dividends in recent years. The entity had 959692:319 split on the 3rd of September 2020.Top Glove Investment Alerts
| Top Glove may become a speculative penny stock | |
| Top Glove appears to be risky and price may revert if volatility continues |
Top Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 6.65 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Top Glove's market, we take the total number of its shares issued and multiply it by Top Glove'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 13th of June 2024, Top Glove has the Semi Deviation of 1.65, risk adjusted performance of 0.1035, and Coefficient Of Variation of 658.54. Top Glove technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices. Please validate Top Glove variance, jensen alpha, and the relationship between the standard deviation and information ratio to decide if Top Glove is priced more or less accurately, providing market reflects its prevalent price of 1.16 per share.Top Glove Price Movement Analysis
The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Top Glove 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 Top Glove. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Top Glove Predictive Daily Indicators
Top Glove 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 Top Glove 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.
Top Glove Forecast Models
Top Glove's time-series forecasting models are one of many Top Glove'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 Top Glove'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 Top Glove to your portfolios without increasing risk or reducing expected return.Did you try this?
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Other Information on Investing in Top Stock
Top Glove financial ratios help investors to determine whether Top 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 Top with respect to the benefits of owning Top Glove security.