Thai Ha (Thailand) Price on February 20, 2023
KASET Stock | THB 0.90 0.01 1.12% |
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 Ha stands at 0.90, as last reported on the 22nd of December, with the highest price reaching 0.90 and the lowest price hitting 0.88 during the day. Thai Ha Public owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0274, which indicates the firm had a -0.0274% return per unit of risk over the last 3 months. Thai Ha Public exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Thai Ha's Risk Adjusted Performance of (0.01), coefficient of variation of (3,423), and Variance of 24.29 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 = -0.0274
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Estimated Market Risk
5.07 actual daily | 45 55% of assets are more volatile |
Expected Return
-0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Thai Ha 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 Ha by adding Thai Ha to a well-diversified portfolio.
Thai Ha Valuation on February 20, 2023
It is possible to determine the worth of Thai Ha on a given historical date. On February 20, 2023 Thai was worth 1.56 at the beginning of the trading date compared to the closed value of 1.57. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thai Ha stock. Still, in general, we apply an absolute valuation method to find Thai Ha'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 Ha where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thai Ha's related companies.
Open | High | Low | Close | Volume | |
1.61 | 1.61 | 1.56 | 1.57 | 396,300 | |
02/20/2023 | 1.56 | 1.59 | 1.56 | 1.57 | 428,000 |
1.58 | 1.60 | 1.58 | 1.60 | 95,363 |
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Thai Ha Trading Date Momentum on February 20, 2023
On February 21 2023 Thai Ha Public was traded for 1.60 at the closing time. The highest price during the trading period was 1.60 and the lowest recorded bid was listed for 1.58 . The volume for the day was 95.4 K. This history from February 21, 2023 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 1.91% . The trading price change to the current price is 1.91% . |
Thai Ha Public Fundamentals Correlations and Trends
By evaluating Thai Ha'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 Thai Ha's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Thai financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Thai Ha Stock history
Thai Ha 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 Thai is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Thai Ha 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 Thai Ha stock prices may prove useful in developing a viable investing in Thai Ha
Thai Ha Public Company Limited manufactures and distributes agricultural products, processed agricultural products, and instant products in Thailand and internationally. Thai Ha Public Company Limited is a subsidiary of Cheer Group Holding Co., Ltd. THAI HA is traded on Stock Exchange of Thailand in Thailand.
Thai Ha Stock Technical Analysis
Thai Ha 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
Thai Ha Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Thai Ha 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.
Thai Ha December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Thai Ha 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 Ha shares will generate the highest return on investment. By undertsting and applying Thai Ha stock market strength indicators, traders can identify Thai Ha Public entry and exit signals to maximize returns
Thai Ha Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Thai Ha'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 | (0.01) | |||
Jensen Alpha | (0.15) | |||
Total Risk Alpha | (0.29) | |||
Treynor Ratio | 1.82 |
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Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Thai Stock analysis
When running Thai Ha's price analysis, check to measure Thai Ha'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 Ha is operating at the current time. Most of Thai Ha's value examination focuses on studying past and present price action to predict the probability of Thai Ha'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 Ha's price. Additionally, you may evaluate how the addition of Thai Ha to your portfolios can decrease your overall portfolio volatility.
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