Multibax Public (Thailand) Price on December 9, 2024

MBAX Stock  THB 1.97  0.01  0.51%   
If you're considering investing in Multibax Stock, it is important to understand the factors that can impact its price. As of today, the current price of Multibax Public stands at 1.97, as last reported on the 13th of December 2024, with the highest price reaching 1.98 and the lowest price hitting 1.96 during the day. Multibax Public has Sharpe Ratio of -0.28, which conveys that the firm had a -0.28% return per unit of risk over the last 3 months. Multibax Public exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Multibax Public's Risk Adjusted Performance of (0.21), standard deviation of 2.19, and Mean Deviation of 1.14 to check out the risk estimate we provide.
  
Multibax Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2782

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Estimated Market Risk

 2.29
  actual daily
20
80% of assets are more volatile

Expected Return

 -0.64
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.28
  actual daily
0
Most of other assets perform better
Based on monthly moving average Multibax Public 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 Multibax Public by adding Multibax Public to a well-diversified portfolio.

Multibax Public Valuation on December 9, 2024

It is possible to determine the worth of Multibax Public on a given historical date. On December 9, 2024 Multibax was worth 2.0 at the beginning of the trading date compared to the closed value of 2.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Multibax Public stock. Still, in general, we apply an absolute valuation method to find Multibax Public'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 Multibax Public where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Multibax Public's related companies.
 Open High Low Close Volume
  1.98    2.02    1.98    2.00    16,506  
12/09/2024
  2.00    2.02    1.98    2.00    57,201  
  1.99    1.99    1.96    1.98    31,851  
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Open Value
2.0
2.0
Closing Value
8.87
Upside

Multibax Public Trading Date Momentum on December 9, 2024

On December 11 2024 Multibax Public was traded for  1.98  at the closing time. The highest price during the trading period was 1.99  and the lowest recorded bid was listed for  1.96 . The volume for the day was 31.9 K. This history from December 11, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.00% . The trading delta at closing time to the current price is 1.00% .

Multibax Public Fundamentals Correlations and Trends

By evaluating Multibax Public'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 Multibax Public's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Multibax financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Multibax Public Stock history

Multibax Public 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 Multibax is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Multibax 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 Multibax Public stock prices may prove useful in developing a viable investing in Multibax Public
Multibax Public Company Limited manufactures and distributes polymer bags in Thailand. Multibax Public Company Limited was founded in 1995 and is headquartered in Chonburi, Thailand. MULTIBAX PUBLIC operates under Packaging Containers classification in Thailand and is traded on Stock Exchange of Thailand.

Multibax Public Stock Technical Analysis

Multibax Public 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.
A focus of Multibax Public technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Multibax Public trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Multibax Public Period Price Range

Low
December 13, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Multibax 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.

Multibax Public December 13, 2024 Market Strength

Market strength indicators help investors to evaluate how Multibax Public stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Multibax Public shares will generate the highest return on investment. By undertsting and applying Multibax Public stock market strength indicators, traders can identify Multibax Public entry and exit signals to maximize returns

Multibax Public Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Multibax Public's price direction in advance. Along with the technical and fundamental analysis of Multibax Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Multibax 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.

Other Information on Investing in Multibax Stock

Multibax Public financial ratios help investors to determine whether Multibax 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 Multibax with respect to the benefits of owning Multibax Public security.