PTT OIL (Thailand) Price on September 5, 2023
OR-R Stock | THB 13.40 0.20 1.52% |
If you're considering investing in PTT Stock, it is important to understand the factors that can impact its price. As of today, the current price of PTT OIL stands at 13.40, as last reported on the 23rd of December, with the highest price reaching 13.50 and the lowest price hitting 13.00 during the day. PTT OIL RETAIL maintains Sharpe Ratio (i.e., Efficiency) of -0.15, which implies the firm had a -0.15% return per unit of standard deviation over the last 3 months. PTT OIL RETAIL exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PTT OIL's Risk Adjusted Performance of (0.12), coefficient of variation of (633.57), and Market Risk Adjusted Performance of 10.41 to confirm the risk estimate we provide.
PTT Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
PTT |
Sharpe Ratio = -0.1549
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Estimated Market Risk
4.1 actual daily | 36 64% of assets are more volatile |
Expected Return
-0.63 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average PTT OIL 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 PTT OIL by adding PTT OIL to a well-diversified portfolio.
PTT OIL Valuation on September 5, 2023
It is possible to determine the worth of PTT OIL on a given historical date. On September 5, 2023 PTT was worth 20.28 at the beginning of the trading date compared to the closed value of 20.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PTT OIL stock. Still, in general, we apply an absolute valuation method to find PTT OIL'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 PTT OIL where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PTT OIL's related companies.
Open | High | Low | Close | Volume | |
20.28 | 20.28 | 20.28 | 20.28 | 1.00 | |
09/05/2023 | 20.28 | 20.28 | 20.28 | 20.28 | 1.00 |
20.52 | 20.52 | 20.52 | 20.52 | 1.00 |
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PTT OIL Trading Date Momentum on September 5, 2023
On September 06 2023 PTT OIL RETAIL was traded for 20.52 at the closing time. The highest price during the trading period was 20.52 and the lowest recorded bid was listed for 20.52 . There was no trading activity during the period 1.0. Lack of trading volume on September 6, 2023 contributed to the next trading day price upswing. The trading delta at closing time to the next closing price was 1.18% . The trading delta at closing time to the current price is 1.18% . |
PTT OIL RETAIL Fundamentals Correlations and Trends
By evaluating PTT OIL'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 PTT OIL's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. PTT financial account trend analysis is a perfect complement when working with valuation or volatility modules.About PTT OIL Stock history
PTT OIL 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 PTT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PTT OIL RETAIL 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 PTT OIL stock prices may prove useful in developing a viable investing in PTT OIL
PTT Oil and Retail Business Public Company Limited, together with its subsidiaries, engages in the retail and commercial marketing of petroleum products and other services in Thailand and internationally. PTT Oil and Retail Business Public Company Limited is a subsidiary of PTT Public Company Limited. PTT OIL is traded on Stock Exchange of Thailand in Thailand.
PTT OIL Stock Technical Analysis
PTT OIL 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
PTT OIL Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
PTT OIL RETAIL 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.
PTT OIL December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how PTT OIL stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PTT OIL shares will generate the highest return on investment. By undertsting and applying PTT OIL stock market strength indicators, traders can identify PTT OIL RETAIL entry and exit signals to maximize returns
PTT OIL Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PTT OIL's price direction in advance. Along with the technical and fundamental analysis of PTT Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of PTT 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 | (0.12) | |||
Jensen Alpha | (0.63) | |||
Total Risk Alpha | (0.74) | |||
Treynor Ratio | 10.4 |
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Other Information on Investing in PTT Stock
PTT OIL financial ratios help investors to determine whether PTT 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 PTT with respect to the benefits of owning PTT OIL security.