JRW Utility (Thailand) Price on October 16, 2023
If you're considering investing in JRW Stock, it is important to understand the factors that can impact its price. JRW Utility Public holds Efficiency (Sharpe) Ratio of -0.32, which attests that the entity had a -0.32% return per unit of standard deviation over the last 3 months. JRW Utility Public exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out JRW Utility's risk adjusted performance of (0.23), and Market Risk Adjusted Performance of 205.72 to validate the risk estimate we provide.
JRW Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
JRW |
Sharpe Ratio = -0.3246
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| Negative Returns | JR |
Estimated Market Risk
| 1.68 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.55 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.32 actual daily | 0 Most of other assets perform better |
Based on monthly moving average JRW Utility 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 JRW Utility by adding JRW Utility 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
JRW Utility Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
JRW Utility 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.
JRW Utility December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how JRW Utility stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading JRW Utility shares will generate the highest return on investment. By undertsting and applying JRW Utility stock market strength indicators, traders can identify JRW Utility Public entry and exit signals to maximize returns
JRW Utility Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for JRW Utility's price direction in advance. Along with the technical and fundamental analysis of JRW Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of JRW 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 | (0.23) | |||
| Jensen Alpha | (0.56) | |||
| Total Risk Alpha | (0.76) | |||
| Treynor Ratio | 205.71 |
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Other Information on Investing in JRW Stock
JRW Utility financial ratios help investors to determine whether JRW 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 JRW with respect to the benefits of owning JRW Utility security.