GULF ENERGY (Thailand) Price on December 18, 2024
| GULF-R Stock | THB 59.75 0.75 1.24% |
If you're considering investing in GULF Stock, it is important to understand the factors that can impact its price. As of today, the current price of GULF ENERGY stands at 59.75, as last reported on the 25th of December, with the highest price reaching 60.25 and the lowest price hitting 59.25 during the day. GULF ENERGY appears to be very steady, given 3 months investment horizon. GULF ENERGY DEVELOPMENT holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of risk over the last 3 months. We have found twenty technical indicators for GULF ENERGY DEVELOPMENT, which you can use to evaluate the volatility of the firm. Please utilize GULF ENERGY's Market Risk Adjusted Performance of (1.50), coefficient of variation of 943.62, and Risk Adjusted Performance of 0.0926 to validate if our risk estimates are consistent with your expectations.
GULF Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
GULF |
Sharpe Ratio = 0.113
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Estimated Market Risk
| 3.96 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.45 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average GULF ENERGY is performing at about 8% 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 GULF ENERGY by adding it to a well-diversified portfolio.
GULF ENERGY Valuation on December 18, 2024
It is possible to determine the worth of GULF ENERGY on a given historical date. On December 18, 2024 GULF was worth 62.0 at the beginning of the trading date compared to the closed value of 62.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GULF ENERGY stock. Still, in general, we apply an absolute valuation method to find GULF ENERGY'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 GULF ENERGY where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GULF ENERGY's related companies.
| Open | High | Low | Close | Volume | |
| 62.00 | 62.00 | 62.00 | 62.00 | 1.00 | |
12/18/2024 | 62.00 | 62.00 | 62.00 | 62.00 | 1.00 |
| 60.50 | 60.50 | 60.50 | 60.50 | 100,000 |
| Backtest GULF ENERGY | | | GULF ENERGY History | | | GULF ENERGY Valuation | Previous | Next |
GULF ENERGY Trading Date Momentum on December 18, 2024
| On December 19 2024 GULF ENERGY DEVELOPMENT NVDR was traded for 60.50 at the closing time. The highest price during the trading period was 60.50 and the lowest recorded bid was listed for 60.50 . The volume for the day was 100 K. This history from December 19, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 2.42% . The overall trading delta to the current price is 4.03% . |
GULF ENERGY DEVELOPMENT Fundamentals Correlations and Trends
By evaluating GULF ENERGY'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 GULF ENERGY's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. GULF financial account trend analysis is a perfect complement when working with valuation or volatility modules.About GULF ENERGY Stock history
GULF ENERGY 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 GULF is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in GULF ENERGY DEVELOPMENT 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 GULF ENERGY stock prices may prove useful in developing a viable investing in GULF ENERGY
Gulf Energy Development Public Company Limited generates and sells electricity, steam, and cold water to public and private clients in Thailand and internationally. It also engages in trading activities and the provision of managerial, technical, and supporting services. GULF ENERGY operates under Utilities - Independent Power Producers classification in Thailand and is traded on Stock Exchange of Thailand.
GULF ENERGY Stock Technical Analysis
GULF ENERGY 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
GULF ENERGY Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
GULF ENERGY DEVELOPMENT NVDR 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.
GULF ENERGY December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how GULF ENERGY stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GULF ENERGY shares will generate the highest return on investment. By undertsting and applying GULF ENERGY stock market strength indicators, traders can identify GULF ENERGY DEVELOPMENT NVDR entry and exit signals to maximize returns
GULF ENERGY Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for GULF ENERGY's price direction in advance. Along with the technical and fundamental analysis of GULF Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of GULF 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 | 0.0926 | |||
| Jensen Alpha | 0.3998 | |||
| Total Risk Alpha | 0.2265 | |||
| Treynor Ratio | (1.51) |
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| Volume Indicators |
Complementary Tools for GULF Stock analysis
When running GULF ENERGY's price analysis, check to measure GULF ENERGY'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 GULF ENERGY is operating at the current time. Most of GULF ENERGY's value examination focuses on studying past and present price action to predict the probability of GULF ENERGY's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GULF ENERGY's price. Additionally, you may evaluate how the addition of GULF ENERGY to your portfolios can decrease your overall portfolio volatility.
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