Thong Nhat (Vietnam) Price on July 26, 2024
| BAX Stock | 41,000 1,005 2.51% |
If you're considering investing in Thong Stock, it is important to understand the factors that can impact its price. As of today, the current price of Thong Nhat stands at 41,000, as last reported on the 29th of December, with the highest price reaching 41,000 and the lowest price hitting 40,000 during the day. Thong Nhat appears to be very steady, given 3 months investment horizon. Thong Nhat JSC owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0988, which indicates the firm had a 0.0988% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Thong Nhat JSC, which you can use to evaluate the volatility of the company. Please review Thong Nhat's Risk Adjusted Performance of 0.0457, coefficient of variation of 2042.84, and Semi Deviation of 2.04 to confirm if our risk estimates are consistent with your expectations.
Thong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Thong |
Sharpe Ratio = 0.0988
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | BAX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.48 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Thong Nhat is performing at about 7% 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 Thong Nhat by adding it to a well-diversified portfolio.
Thong Nhat Valuation on July 26, 2024
It is possible to determine the worth of Thong Nhat on a given historical date. On July 26, 2024 Thong was worth 37805.01 at the beginning of the trading date compared to the closed value of 37805.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thong Nhat stock. Still, in general, we apply an absolute valuation method to find Thong Nhat'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 Thong Nhat where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thong Nhat's related companies.
| Open | High | Low | Close | Volume | |
| 39,310 | 39,310 | 37,993 | 37,993 | 1,000.00 | |
07/26/2024 | 37,805 | 37,805 | 37,805 | 37,805 | 200.00 |
| 37,899 | 37,899 | 37,805 | 37,805 | 2,501 |
| Backtest Thong Nhat | | | Thong Nhat History | Previous | Next |
Thong Nhat Trading Date Momentum on July 26, 2024
| On July 29 2024 Thong Nhat JSC was traded for 37,805 at the closing time. The maximum traded price for the trading interval was 37,899 and the lowest daily price was 37,805 . The daily volume was recorded at 2.5 K. The volume of trading on 29th of July 2024 did not result in any price rise and fall. The trading price change to the closing price today is 1.26% . |
Price Boundaries
Thong Nhat Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Thong Nhat JSC cannot be verified against its exchange. Please verify the symbol is currently traded on Vietnam Stocks. 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.
Thong Nhat December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Thong Nhat stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Thong Nhat shares will generate the highest return on investment. By undertsting and applying Thong Nhat stock market strength indicators, traders can identify Thong Nhat JSC entry and exit signals to maximize returns
Thong Nhat Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Thong Nhat's price direction in advance. Along with the technical and fundamental analysis of Thong Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Thong 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.