City Sports (Thailand) Price on January 11, 2024
If you're considering investing in City Stock, it is important to understand the factors that can impact its price. City Sports appears to be very steady, given 3 months investment horizon. City Sports secures Sharpe Ratio (or Efficiency) of 0.4, which signifies that the company had a 0.4% return per unit of risk over the last 3 months. We have found fourteen technical indicators for City Sports and, which you can use to evaluate the volatility of the firm. Please makes use of City Sports' Mean Deviation of 0.3494, standard deviation of 0.5484, and Risk Adjusted Performance of 0.2891 to double-check if our risk estimates are consistent with your expectations.
City Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
City |
Sharpe Ratio = 0.4031
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Estimated Market Risk
| 0.55 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.4 actual daily | 31 69% of assets perform better |
Based on monthly moving average City Sports is performing at about 31% 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 City Sports by adding it 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.
Price Boundaries
City Sports Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
City Sports and 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.
City Sports December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how City Sports stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading City Sports shares will generate the highest return on investment. By undertsting and applying City Sports stock market strength indicators, traders can identify City Sports and entry and exit signals to maximize returns
City Sports Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for City Sports' price direction in advance. Along with the technical and fundamental analysis of City Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of City 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 | 0.2891 | |||
| Jensen Alpha | 0.2058 | |||
| Total Risk Alpha | 0.1429 | |||
| Treynor Ratio | 3.6 |
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Other Information on Investing in City Stock
City Sports financial ratios help investors to determine whether City 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 City with respect to the benefits of owning City Sports security.