Thai Credit (Thailand) Price on February 12, 2024
| CREDIT Stock | 18.10 0.80 4.23% |
If you're considering investing in Thai Stock, it is important to understand the factors that can impact its price. As of today, the current price of Thai Credit stands at 18.10, as last reported on the 16th of December 2024, with the highest price reaching 18.20 and the lowest price hitting 17.90 during the day. Thai Credit Pcl owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0434, which indicates the firm had a -0.0434% return per unit of risk over the last 3 months. Thai Credit Pcl exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Thai Credit's Risk Adjusted Performance of 0.0208, semi deviation of 1.98, and Coefficient Of Variation of 5570.57 to confirm the risk estimate we provide.
Thai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Thai |
Sharpe Ratio = -0.0434
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CREDIT |
Estimated Market Risk
| 3.23 actual daily | 28 72% of assets are more volatile |
Expected Return
| -0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Thai Credit 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 Thai Credit by adding Thai Credit to a well-diversified portfolio.
Thai Credit Valuation on February 12, 2024
It is possible to determine the worth of Thai Credit on a given historical date. On February 12, 2024 Thai was worth 27.5 at the beginning of the trading date compared to the closed value of 27.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thai Credit stock. Still, in general, we apply an absolute valuation method to find Thai Credit'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 Thai Credit where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thai Credit's related companies.
| Open | High | Low | Close | Volume | |
| 27.50 | 27.75 | 25.25 | 27.50 | 32,110,600 | |
02/12/2024 | 27.50 | 28.25 | 27.00 | 27.50 | 5,540,000 |
| 27.75 | 29.00 | 27.50 | 29.00 | 6,576,000 |
| Backtest Thai Credit | | | Thai Credit History | Previous | Next |
Thai Credit Trading Date Momentum on February 12, 2024
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Price Boundaries
Thai Credit Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Thai Credit Pcl 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.
Thai Credit December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Thai Credit stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Thai Credit shares will generate the highest return on investment. By undertsting and applying Thai Credit stock market strength indicators, traders can identify Thai Credit Pcl entry and exit signals to maximize returns
Thai Credit Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Thai Credit's price direction in advance. Along with the technical and fundamental analysis of Thai Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Thai 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 | 0.0208 | |||
| Jensen Alpha | 0.0943 | |||
| Total Risk Alpha | (0.36) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.10) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Thai Stock analysis
When running Thai Credit's price analysis, check to measure Thai Credit's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Thai Credit is operating at the current time. Most of Thai Credit's value examination focuses on studying past and present price action to predict the probability of Thai Credit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thai Credit's price. Additionally, you may evaluate how the addition of Thai Credit to your portfolios can decrease your overall portfolio volatility.
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. |