CPL Group (Thailand) Price on February 27, 2024
If you're considering investing in CPL Stock, it is important to understand the factors that can impact its price. CPL Group Public secures Sharpe Ratio (or Efficiency) of -0.19, which signifies that the company had a -0.19% return per unit of return volatility over the last 3 months. CPL Group Public exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CPL Group's Risk Adjusted Performance of (0.13), mean deviation of 1.41, and Coefficient Of Variation of (533.66) to double-check the risk estimate we provide.
CPL Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
CPL |
Sharpe Ratio = -0.1874
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Estimated Market Risk
| 2.36 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.44 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CPL Group 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 CPL Group by adding CPL Group to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About CPL Group Stock history
CPL Group 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 CPL is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CPL Group 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 CPL Group stock prices may prove useful in developing a viable investing in CPL Group
CPL Group Public Company Limited manufactures and distributes leather products in Thailand. CPL Group Public Company Limited was founded in 1945 and is headquartered in Samutprakarn, Thailand. CPL GROUP operates under Footwear Accessories classification in Thailand and is traded on Stock Exchange of Thailand.
CPL Group Stock Technical Analysis
CPL Group 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
CPL Group Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
CPL Group 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.
CPL Group December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how CPL Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CPL Group shares will generate the highest return on investment. By undertsting and applying CPL Group stock market strength indicators, traders can identify CPL Group Public entry and exit signals to maximize returns
CPL Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CPL Group's price direction in advance. Along with the technical and fundamental analysis of CPL Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CPL 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 | (0.13) | |||
| Jensen Alpha | (0.42) | |||
| Total Risk Alpha | (0.75) | |||
| Treynor Ratio | 1.23 |
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Other Information on Investing in CPL Stock
CPL Group financial ratios help investors to determine whether CPL 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 CPL with respect to the benefits of owning CPL Group security.