Raimon Land (Thailand) Price on December 20, 2024
RML Stock | THB 0.29 0.02 7.41% |
If you're considering investing in Raimon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Raimon Land stands at 0.29, as last reported on the 26th of December, with the highest price reaching 0.29 and the lowest price hitting 0.27 during the day. Raimon Land Public maintains Sharpe Ratio (i.e., Efficiency) of -0.12, which implies the firm had a -0.12% return per unit of risk over the last 3 months. Raimon Land Public exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Raimon Land's Risk Adjusted Performance of 0.0266, coefficient of variation of 4408.82, and Semi Deviation of 2.66 to confirm the risk estimate we provide.
Raimon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Raimon |
Sharpe Ratio = -0.1153
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Estimated Market Risk
3.1 actual daily | 27 73% of assets are more volatile |
Expected Return
-0.36 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Raimon Land 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 Raimon Land by adding Raimon Land to a well-diversified portfolio.
Raimon Land Valuation on December 20, 2024
It is possible to determine the worth of Raimon Land on a given historical date. On December 20, 2024 Raimon was worth 0.29 at the beginning of the trading date compared to the closed value of 0.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Raimon Land stock. Still, in general, we apply an absolute valuation method to find Raimon Land'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 Raimon Land where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Raimon Land's related companies.
Open | High | Low | Close | Volume | |
0.29 | 0.32 | 0.29 | 0.29 | 21,036,160 | |
12/20/2024 | 0.29 | 0.30 | 0.28 | 0.29 | 5,413,323 |
0.28 | 0.29 | 0.27 | 0.29 | 1,847,800 |
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Raimon Land Trading Date Momentum on December 20, 2024
On December 23 2024 Raimon Land Public was traded for 0.29 at the closing time. The maximum traded price for the trading interval was 0.29 and the lowest daily price was 0.27 . The daily volume was recorded at 1.8 M. The volume of trading on 23rd of December 2024 did not cause price change. The trading delta at closing time to the closing price today is 6.90% . |
Raimon Land Public Fundamentals Correlations and Trends
By evaluating Raimon Land'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 Raimon Land's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Raimon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Raimon Land Stock history
Raimon Land 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 Raimon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Raimon Land 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 Raimon Land stock prices may prove useful in developing a viable investing in Raimon Land
Raimon Land Public Company Limited, together with its subsidiaries, engages in the property development activities in Thailand. Raimon Land Public Company Limited was founded in 1987 and is headquartered in Bangkok, Thailand. RAIMON LAND is traded on Stock Exchange of Thailand in Thailand.
Raimon Land Stock Technical Analysis
Raimon Land 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
Raimon Land Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
Raimon Land 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.
Raimon Land December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Raimon Land stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Raimon Land shares will generate the highest return on investment. By undertsting and applying Raimon Land stock market strength indicators, traders can identify Raimon Land Public entry and exit signals to maximize returns
Raimon Land Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Raimon Land's price direction in advance. Along with the technical and fundamental analysis of Raimon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Raimon 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 | 0.0266 | |||
Jensen Alpha | 0.114 | |||
Total Risk Alpha | (0.12) | |||
Sortino Ratio | 0.017 | |||
Treynor Ratio | (0.70) |
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Other Information on Investing in Raimon Stock
Raimon Land financial ratios help investors to determine whether Raimon 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 Raimon with respect to the benefits of owning Raimon Land security.