ALT Telecom (Thailand) Price on April 19, 2024
ALT Stock | THB 1.08 0.01 0.93% |
If you're considering investing in ALT Stock, it is important to understand the factors that can impact its price. As of today, the current price of ALT Telecom stands at 1.08, as last reported on the 14th of December 2024, with the highest price reaching 1.08 and the lowest price hitting 1.06 during the day. ALT Telecom Public secures Sharpe Ratio (or Efficiency) of -0.0954, which signifies that the company had a -0.0954% return per unit of risk over the last 3 months. ALT Telecom Public exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ALT Telecom's mean deviation of 1.31, and Risk Adjusted Performance of (0.05) to double-check the risk estimate we provide.
ALT Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ALT |
Sharpe Ratio = -0.0954
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Estimated Market Risk
2.03 actual daily | 18 82% of assets are more volatile |
Expected Return
-0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ALT Telecom 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 ALT Telecom by adding ALT Telecom to a well-diversified portfolio.
ALT Telecom Valuation on April 19, 2024
It is possible to determine the worth of ALT Telecom on a given historical date. On April 19, 2024 ALT was worth 1.5 at the beginning of the trading date compared to the closed value of 1.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ALT Telecom stock. Still, in general, we apply an absolute valuation method to find ALT Telecom's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of ALT Telecom where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ALT Telecom's related companies.
Open | High | Low | Close | Volume | |
1.51 | 1.51 | 1.51 | 1.51 | 1.00 | |
04/19/2024 | 1.50 | 1.51 | 1.49 | 1.49 | 175,800 |
1.49 | 1.50 | 1.49 | 1.49 | 59,800 |
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ALT Telecom Trading Date Momentum on April 19, 2024
On April 22 2024 ALT Telecom Public was traded for 1.49 at the closing time. The maximum traded price for the trading interval was 1.50 and the lowest daily price was 1.49 . The daily volume was recorded at 59.8 K. The volume of trading on 22nd of April 2024 did not affect price variability. The overall trading delta to the closing price today is 0.67% . |
ALT Telecom Public Fundamentals Correlations and Trends
By evaluating ALT Telecom's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ALT Telecom's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ALT financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ALT Telecom Stock history
ALT Telecom 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 ALT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ALT Telecom Public 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 ALT Telecom stock prices may prove useful in developing a viable investing in ALT Telecom
ALT Telecom Public Company Limited engages in the manufacture, installation, maintenance, rental, and sale of telecommunication network equipment in Thailand and internationally. The company was founded in 2001 and is headquartered in Bang Kruay, Thailand. ALT TELECOM operates under Communication Equipment classification in Thailand and is traded on Stock Exchange of Thailand.
ALT Telecom Stock Technical Analysis
ALT Telecom 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.
Price Boundaries
ALT Telecom Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
ALT Telecom Public cannot be verified against its exchange. Please verify the symbol is currently traded on Thailand Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
ALT Telecom December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how ALT Telecom stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ALT Telecom shares will generate the highest return on investment. By undertsting and applying ALT Telecom stock market strength indicators, traders can identify ALT Telecom Public entry and exit signals to maximize returns
ALT Telecom Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ALT Telecom's price direction in advance. Along with the technical and fundamental analysis of ALT Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ALT 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.
Risk Adjusted Performance | (0.05) | |||
Jensen Alpha | (0.14) | |||
Total Risk Alpha | (0.44) | |||
Treynor Ratio | 0.5199 |
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Other Information on Investing in ALT Stock
ALT Telecom financial ratios help investors to determine whether ALT 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 ALT with respect to the benefits of owning ALT Telecom security.