Mahachai Hospital (Thailand) Price on October 8, 2024
| M-CHAI Stock | THB 28.75 0.25 0.88% |
If you're considering investing in Mahachai Stock, it is important to understand the factors that can impact its price. As of today, the current price of Mahachai Hospital stands at 28.75, as last reported on the 2nd of December, with the highest price reaching 28.75 and the lowest price hitting 28.50 during the day. Mahachai Hospital is out of control given 3 months investment horizon. Mahachai Hospital Public has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13% return per unit of risk over the last 3 months. We were able to break down twenty-three different technical indicators, which can help you to evaluate if expected returns of 15.81% are justified by taking the suggested risk. Use Mahachai Hospital Public Standard Deviation of 1.68, mean deviation of 1.04, and Risk Adjusted Performance of (0.04) to evaluate company specific risk that cannot be diversified away.
Mahachai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Mahachai |
Sharpe Ratio = 0.1254
| Best Portfolio | Best Equity | M-CHAI | ||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 126.01 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Mahachai Hospital is performing at about 9% 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 Mahachai Hospital by adding it to a well-diversified portfolio.
Mahachai Hospital Valuation on October 8, 2024
It is possible to determine the worth of Mahachai Hospital on a given historical date. On October 8, 2024 Mahachai was worth 31.25 at the beginning of the trading date compared to the closed value of 31.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mahachai Hospital stock. Still, in general, we apply an absolute valuation method to find Mahachai Hospital'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 Mahachai Hospital where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mahachai Hospital's related companies.
| Open | High | Low | Close | Volume | |
| 31.25 | 31.50 | 31.00 | 31.00 | 10,500 | |
10/08/2024 | 31.25 | 31.50 | 30.75 | 31.25 | 7,019 |
| 31.25 | 31.50 | 30.75 | 30.75 | 33,546 |
| Backtest Mahachai Hospital | | | Mahachai Hospital History | | | Mahachai Hospital Valuation | Previous | Next |
Mahachai Hospital Trading Date Momentum on October 8, 2024
| On October 09 2024 Mahachai Hospital Public was traded for 30.75 at the closing time. The highest price during the trading period was 31.50 and the lowest recorded bid was listed for 30.75 . The volume for the day was 33.5 K. This history from October 9, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.60% . The trading delta at closing time to the current price is 4.00% . |
Mahachai Hospital Public Fundamentals Correlations and Trends
By evaluating Mahachai Hospital'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 Mahachai Hospital's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mahachai financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mahachai Hospital Stock history
Mahachai Hospital 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 Mahachai is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mahachai Hospital 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 Mahachai Hospital stock prices may prove useful in developing a viable investing in Mahachai Hospital
Mahachai Hospital Public Company Limited operates private hospitals under the Mahachai Hospital name in Thailand. The company was incorporated in 1987 and is headquartered in Samut Sakhon, Thailand. MAHACHAI HOSPITAL operates under Medical Care Facilities classification in Thailand and is traded on Stock Exchange of Thailand.
Mahachai Hospital Stock Technical Analysis
Mahachai Hospital 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
Mahachai Hospital Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Mahachai Hospital 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.
Mahachai Hospital December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Mahachai Hospital stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mahachai Hospital shares will generate the highest return on investment. By undertsting and applying Mahachai Hospital stock market strength indicators, traders can identify Mahachai Hospital Public entry and exit signals to maximize returns
Mahachai Hospital Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mahachai Hospital's price direction in advance. Along with the technical and fundamental analysis of Mahachai Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mahachai 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 | (0.04) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | 0.2589 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Mahachai Stock analysis
When running Mahachai Hospital's price analysis, check to measure Mahachai Hospital'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 Mahachai Hospital is operating at the current time. Most of Mahachai Hospital's value examination focuses on studying past and present price action to predict the probability of Mahachai Hospital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mahachai Hospital's price. Additionally, you may evaluate how the addition of Mahachai Hospital to your portfolios can decrease your overall portfolio volatility.
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Global Correlations Find global opportunities by holding instruments from different markets |