MFC Nichada (Thailand) Price on December 12, 2024

MNIT Stock  THB 2.18  0.06  2.68%   
If you're considering investing in MFC Stock, it is important to understand the factors that can impact its price. As of today, the current price of MFC Nichada stands at 2.18, as last reported on the 14th of December 2024, with the highest price reaching 2.20 and the lowest price hitting 2.18 during the day. MFC Nichada Thani retains Efficiency (Sharpe Ratio) of -0.0112, which conveys that the firm had a -0.0112% return per unit of risk over the last 3 months. MFC Nichada exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MFC Nichada's Mean Deviation of 1.29, semi deviation of 2.03, and Market Risk Adjusted Performance of 0.0147 to check out the risk estimate we provide.
  
MFC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0112

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Estimated Market Risk

 2.51
  actual daily
22
78% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average MFC Nichada 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 MFC Nichada by adding MFC Nichada to a well-diversified portfolio.

MFC Nichada Valuation on December 12, 2024

It is possible to determine the worth of MFC Nichada on a given historical date. On December 12, 2024 MFC was worth 2.2 at the beginning of the trading date compared to the closed value of 2.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MFC Nichada stock. Still, in general, we apply an absolute valuation method to find MFC Nichada'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 MFC Nichada where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MFC Nichada's related companies.
 Open High Low Close Volume
  2.20    2.24    2.20    2.24    200.00  
12/12/2024
  2.20    2.20    2.18    2.18    1,201  
  2.20    2.20    2.18    2.18    0.00  
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Open Value
2.2
2.18
Closing Value
9.72
Upside

MFC Nichada Trading Date Momentum on December 12, 2024

On December 14 2024 MFC Nichada Thani Property was traded for  2.18  at the closing time. The highest price during the trading period was 2.20  and the lowest recorded bid was listed for  2.18 . There was no trading activity during the period 0.0. Lack of trading volume on December 14, 2024 did not cause price change. The trading delta at closing time to the current price is 0.92% .

MFC Nichada Thani Fundamentals Correlations and Trends

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

About MFC Nichada Stock history

MFC Nichada 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 MFC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MFC Nichada Thani 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 MFC Nichada stock prices may prove useful in developing a viable investing in MFC Nichada

MFC Nichada Stock Technical Analysis

MFC Nichada 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 MFC Nichada technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of MFC Nichada 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

MFC Nichada Period Price Range

Low
December 14, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

MFC Nichada Thani Property 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.

MFC Nichada December 14, 2024 Market Strength

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

MFC Nichada Technical and Predictive Indicators

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

MFC Nichada financial ratios help investors to determine whether MFC 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 MFC with respect to the benefits of owning MFC Nichada security.