Birla Carbon (Thailand) Price on June 10, 2024
BCT Stock | THB 67.00 0.75 1.13% |
If you're considering investing in Birla Stock, it is important to understand the factors that can impact its price. As of today, the current price of Birla Carbon stands at 67.00, as last reported on the 13th of December 2024, with the highest price reaching 67.00 and the lowest price hitting 66.25 during the day. Birla Carbon Public secures Sharpe Ratio (or Efficiency) of -0.0826, which signifies that the company had a -0.0826% return per unit of risk over the last 3 months. Birla Carbon Public exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Birla Carbon's Mean Deviation of 0.9622, risk adjusted performance of (0.06), and Standard Deviation of 1.61 to double-check the risk estimate we provide.
Birla Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Birla |
Sharpe Ratio = -0.0826
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Estimated Market Risk
1.69 actual daily | 15 85% of assets are more volatile |
Expected Return
-0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Birla Carbon 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 Birla Carbon by adding Birla Carbon to a well-diversified portfolio.
Birla Carbon Valuation on June 10, 2024
It is possible to determine the worth of Birla Carbon on a given historical date. On June 10, 2024 Birla was worth 66.09 at the beginning of the trading date compared to the closed value of 64.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Birla Carbon stock. Still, in general, we apply an absolute valuation method to find Birla Carbon'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 Birla Carbon where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Birla Carbon's related companies.
Open | High | Low | Close | Volume | |
66.34 | 66.34 | 66.34 | 66.34 | 1.00 | |
06/10/2024 | 66.09 | 66.58 | 64.63 | 64.63 | 2,400 |
65.61 | 66.34 | 65.61 | 65.85 | 11,100 |
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Birla Carbon Trading Date Momentum on June 10, 2024
On June 11 2024 Birla Carbon Public was traded for 65.85 at the closing time. The maximum traded price for the trading interval was 66.34 and the lowest daily price was 65.61 . The daily volume was recorded at 11.1 K. The volume of trading on 11th of June 2024 played a part in the next trading day price upswing. The overall trading delta to the next closing price was 1.89% . The overall trading delta to the closing price today is 4.05% . |
Birla Carbon Public Fundamentals Correlations and Trends
By evaluating Birla Carbon'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 Birla Carbon's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Birla financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Birla Carbon Stock history
Birla Carbon 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 Birla is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Birla Carbon 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 Birla Carbon stock prices may prove useful in developing a viable investing in Birla Carbon
Birla Carbon Public Company Limited engages in the manufacture and sale of carbon black for rubber and specialty applications. The company was incorporated in 1978 and is headquartered in Bangkok, Thailand. BIRLA CARBON operates under Specialty Chemicals classification in Thailand and is traded on Stock Exchange of Thailand.
Birla Carbon Stock Technical Analysis
Birla Carbon 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
Birla Carbon Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Birla Carbon 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.
Birla Carbon December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Birla Carbon stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Birla Carbon shares will generate the highest return on investment. By undertsting and applying Birla Carbon stock market strength indicators, traders can identify Birla Carbon Public entry and exit signals to maximize returns
Birla Carbon Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Birla Carbon's price direction in advance. Along with the technical and fundamental analysis of Birla Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Birla 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 | (0.06) | |||
Jensen Alpha | (0.14) | |||
Total Risk Alpha | (0.38) | |||
Treynor Ratio | 1.24 |
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Other Information on Investing in Birla Stock
Birla Carbon financial ratios help investors to determine whether Birla 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 Birla with respect to the benefits of owning Birla Carbon security.