Pato Chemical (Thailand) Price on April 20, 2023
PATO Stock | THB 8.35 0.05 0.60% |
If you're considering investing in Pato Stock, it is important to understand the factors that can impact its price. As of today, the current price of Pato Chemical stands at 8.35, as last reported on the 15th of December 2024, with the highest price reaching 8.35 and the lowest price hitting 8.30 during the day. Pato Chemical Industry maintains Sharpe Ratio (i.e., Efficiency) of -0.24, which implies the firm had a -0.24% return per unit of risk over the last 3 months. Pato Chemical Industry exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pato Chemical's Variance of 0.5194, coefficient of variation of (472.82), and Risk Adjusted Performance of (0.15) to confirm the risk estimate we provide.
Pato Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Pato |
Sharpe Ratio = -0.2396
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Estimated Market Risk
0.7 actual daily | 6 94% of assets are more volatile |
Expected Return
-0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.24 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Pato Chemical 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 Pato Chemical by adding Pato Chemical to a well-diversified portfolio.
Pato Chemical Valuation on April 20, 2023
It is possible to determine the worth of Pato Chemical on a given historical date. On April 20, 2023 Pato was worth 9.4 at the beginning of the trading date compared to the closed value of 9.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pato Chemical stock. Still, in general, we apply an absolute valuation method to find Pato Chemical'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 Pato Chemical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pato Chemical's related companies.
Open | High | Low | Close | Volume | |
9.45 | 9.50 | 9.40 | 9.40 | 4,000 | |
04/20/2023 | 9.40 | 9.45 | 9.40 | 9.45 | 1,600 |
9.31 | 9.45 | 9.31 | 9.36 | 2,900 |
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Pato Chemical Trading Date Momentum on April 20, 2023
On April 21 2023 Pato Chemical Industry was traded for 9.36 at the closing time. The highest price during the trading period was 9.45 and the lowest recorded bid was listed for 9.31 . The volume for the day was 2.9 K. This history from April 21, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.95% . The trading delta at closing time to the current price is 2.54% . |
Pato Chemical Industry Fundamentals Correlations and Trends
By evaluating Pato Chemical'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 Pato Chemical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Pato financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Pato Chemical Stock history
Pato Chemical 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 Pato is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Pato Chemical Industry 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 Pato Chemical stock prices may prove useful in developing a viable investing in Pato Chemical
Pato Chemical Industry Public Company Limited manufactures, imports, formulates, and distributes pesticides in Thailand. The company was founded in 1972 and is headquartered in Bangkok, Thailand. PATO CHEMICAL operates under Agricultural Inputs classification in Thailand and is traded on Stock Exchange of Thailand.
Pato Chemical Stock Technical Analysis
Pato Chemical 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
Pato Chemical Period Price Range
Low | December 15, 2024
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0.00 | 0.00 |
Pato Chemical Industry 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.
Pato Chemical December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Pato Chemical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pato Chemical shares will generate the highest return on investment. By undertsting and applying Pato Chemical stock market strength indicators, traders can identify Pato Chemical Industry entry and exit signals to maximize returns
Pato Chemical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pato Chemical's price direction in advance. Along with the technical and fundamental analysis of Pato Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Pato 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 | (0.15) | |||
Jensen Alpha | (0.18) | |||
Total Risk Alpha | (0.25) | |||
Treynor Ratio | (0.68) |
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Other Information on Investing in Pato Stock
Pato Chemical financial ratios help investors to determine whether Pato 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 Pato with respect to the benefits of owning Pato Chemical security.