CH Karnchang (Thailand) Price on June 17, 2024

CK Stock  THB 19.60  0.10  0.51%   
If you're considering investing in CH Karnchang Stock, it is important to understand the factors that can impact its price. As of today, the current price of CH Karnchang stands at 19.60, as last reported on the 14th of December 2024, with the highest price reaching 19.80 and the lowest price hitting 19.40 during the day. CH Karnchang Public retains Efficiency (Sharpe Ratio) of -0.0149, which signifies that the company had a -0.0149% return per unit of price deviation over the last 3 months. CH Karnchang exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CH Karnchang's Variance of 2.93, market risk adjusted performance of (0.12), and Information Ratio of (0.09) to double-check the risk estimate we provide.
  
CH Karnchang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0149

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Estimated Market Risk

 1.76
  actual daily
15
85% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average CH Karnchang 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 CH Karnchang by adding CH Karnchang to a well-diversified portfolio.

CH Karnchang Valuation on June 17, 2024

It is possible to determine the worth of CH Karnchang on a given historical date. On June 17, 2024 CH Karnchang was worth 20.84 at the beginning of the trading date compared to the closed value of 20.84. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CH Karnchang stock. Still, in general, we apply an absolute valuation method to find CH Karnchang'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 CH Karnchang where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CH Karnchang's related companies.
 Open High Low Close Volume
  21.23    21.23    20.74    20.84    1,450,374  
06/17/2024
  20.84    20.93    20.54    20.84    1,477,323  
  20.74    21.03    20.54    20.64    1,438,602  
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Open Value
20.84
20.84
Closing Value
26.12
Upside

CH Karnchang Trading Date Momentum on June 17, 2024

On June 18 2024 CH Karnchang Public was traded for  20.64  at the closing time. The highest daily price throughout the period was 21.03  and the lowest price was  20.54 . The daily volume was 1.4 M. The net trading volume on 06/18/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.96% . The overall trading delta to current closing price is 0.48% .

CH Karnchang Public Fundamentals Correlations and Trends

By evaluating CH Karnchang'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 CH Karnchang's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CH Karnchang financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About CH Karnchang Stock history

CH Karnchang 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 CH Karnchang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CH Karnchang 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 CH Karnchang stock prices may prove useful in developing a viable investing in CH Karnchang
Karnchang Public Company Limited, together with its subsidiaries, provides construction services in Thailand and the Lao Peoples Democratic Republic. Karnchang Public Company Limited was founded in 1972 and is based in Bangkok, Thailand. CH KARNCHANG operates under Engineering Construction classification in Thailand and is traded on Stock Exchange of Thailand.

CH Karnchang Stock Technical Analysis

CH Karnchang 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.
A focus of CH Karnchang technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of CH Karnchang trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

CH Karnchang Period Price Range

Low
December 14, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

CH Karnchang 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.

CH Karnchang December 14, 2024 Market Strength

Market strength indicators help investors to evaluate how CH Karnchang stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CH Karnchang shares will generate the highest return on investment. By undertsting and applying CH Karnchang stock market strength indicators, traders can identify CH Karnchang Public entry and exit signals to maximize returns

CH Karnchang Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for CH Karnchang's price direction in advance. Along with the technical and fundamental analysis of CH Karnchang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CH Karnchang 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.

Other Information on Investing in CH Karnchang Stock

CH Karnchang financial ratios help investors to determine whether CH Karnchang 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 CH Karnchang with respect to the benefits of owning CH Karnchang security.