Asia Hotel (Thailand) Price on September 30, 2024
| ASIA Stock | THB 6.60 0.10 1.49% |
If you're considering investing in Asia Stock, it is important to understand the factors that can impact its price. As of today, the current price of Asia Hotel stands at 6.60, as last reported on the 11th of December 2024, with the highest price reaching 6.60 and the lowest price hitting 6.60 during the day. Asia Hotel is out of control given 3 months investment horizon. Asia Hotel Public secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We were able to collect data for twenty-one different technical indicators, which can help you to evaluate if expected returns of 14.72% are justified by taking the suggested risk. Use Asia Hotel Mean Deviation of 0.5121, standard deviation of 0.8322, and Risk Adjusted Performance of (0.01) to evaluate company specific risk that cannot be diversified away.
Asia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Asia |
Sharpe Ratio = 0.1142
| Best Portfolio | Best Equity | ASIA | ||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 128.89 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Asia Hotel is performing at about 8% 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 Asia Hotel by adding it to a well-diversified portfolio.
Asia Hotel Valuation on September 30, 2024
It is possible to determine the worth of Asia Hotel on a given historical date. On September 30, 2024 Asia was worth 6.9 at the beginning of the trading date compared to the closed value of 6.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Asia Hotel stock. Still, in general, we apply an absolute valuation method to find Asia Hotel'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 Asia Hotel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Asia Hotel's related companies.
| Open | High | Low | Close | Volume | |
| 6.75 | 6.75 | 6.75 | 6.75 | 1.00 | |
09/30/2024 | 6.90 | 6.90 | 6.85 | 6.85 | 401.00 |
| 6.85 | 6.85 | 6.85 | 6.85 | 1.00 |
| Backtest Asia Hotel | | | Asia Hotel History | | | Asia Hotel Valuation | Previous | Next |
Asia Hotel Trading Date Momentum on September 30, 2024
| On October 01 2024 Asia Hotel Public was traded for 6.85 at the closing time. The highest price during the trading period was 6.85 and the lowest recorded bid was listed for 6.85 . There was no trading activity during the period 1.0. Lack of trading volume on October 1, 2024 did not affect price variability. The overall trading delta to the current price is 2.92% . |
Asia Hotel Public Fundamentals Correlations and Trends
By evaluating Asia Hotel'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 Asia Hotel's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Asia financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Asia Hotel Stock history
Asia Hotel 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 Asia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Asia Hotel 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 Asia Hotel stock prices may prove useful in developing a viable investing in Asia Hotel
Asia Hotel Public Company Limited, together with its subsidiaries, engages in the hotel and restaurant business in Thailand and internationally. Asia Hotel Public Company Limited was incorporated in 1964 and is based in Bangkok, Thailand. ASIA HOTEL operates under Lodging classification in Thailand and is traded on Stock Exchange of Thailand.
Asia Hotel Stock Technical Analysis
Asia Hotel 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
Asia Hotel Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Asia Hotel 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.
Asia Hotel December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Asia Hotel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Asia Hotel shares will generate the highest return on investment. By undertsting and applying Asia Hotel stock market strength indicators, traders can identify Asia Hotel Public entry and exit signals to maximize returns
Asia Hotel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Asia Hotel's price direction in advance. Along with the technical and fundamental analysis of Asia Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Asia 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 | (0.01) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | 0.7574 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Asia Stock
Asia Hotel financial ratios help investors to determine whether Asia 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 Asia with respect to the benefits of owning Asia Hotel security.