SCG Packaging (Thailand) Price on July 27, 2023

SCGP Stock  THB 19.80  0.10  0.50%   
If you're considering investing in SCG Stock, it is important to understand the factors that can impact its price. As of today, the current price of SCG Packaging stands at 19.80, as last reported on the 27th of December, with the highest price reaching 20.20 and the lowest price hitting 19.50 during the day. SCG Packaging Public owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.25, which indicates the company had a -0.25% return per unit of volatility over the last 3 months. SCG Packaging Public exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SCG Packaging's Risk Adjusted Performance of (0.12), market risk adjusted performance of (1.33), and Standard Deviation of 2.73 to confirm the risk estimate we provide.
  
SCG Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.253

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Estimated Market Risk

 2.39
  actual daily
21
79% of assets are more volatile

Expected Return

 -0.61
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.25
  actual daily
0
Most of other assets perform better
Based on monthly moving average SCG Packaging 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 SCG Packaging by adding SCG Packaging to a well-diversified portfolio.

SCG Packaging Valuation on July 27, 2023

It is possible to determine the worth of SCG Packaging on a given historical date. On July 27, 2023 SCG was worth 37.71 at the beginning of the trading date compared to the closed value of 38.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SCG Packaging stock. Still, in general, we apply an absolute valuation method to find SCG Packaging'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 SCG Packaging where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SCG Packaging's related companies.
 Open High Low Close Volume
  38.68    38.92    37.23    37.71    14,709,600  
07/27/2023
  37.71    39.16    37.47    38.68    14,446,200  
  39.16    39.64    38.92    39.16    2,733,200  
Backtest SCG Packaging  |  SCG Packaging History  |  SCG Packaging Valuation   PreviousNext  
Open Value
37.71
38.68
Closing Value
44.89
Upside

SCG Packaging Trading Date Momentum on July 27, 2023

On July 31 2023 SCG Packaging Public was traded for  39.16  at the closing time. The highest price during the trading period was 39.64  and the lowest recorded bid was listed for  38.92 . The volume for the day was 2.7 M. This history from July 31, 2023 contributed to the next trading day price upswing. The trading price change to the next closing price was 1.24% . The trading price change to the current price is 1.27% .

SCG Packaging Public Fundamentals Correlations and Trends

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

About SCG Packaging Stock history

SCG Packaging 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 SCG is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SCG Packaging 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 SCG Packaging stock prices may prove useful in developing a viable investing in SCG Packaging
SCG Packaging Public Company Limited, through its subsidiaries, produces and sells corrugated containers, retail display packaging, and flexible and rigid packaging for display and protection of products in Southeast Asia and Netherlands. SCG Packaging Public Company Limited is a subsidiary of The Siam Cement Public Company Limited. SCG PACKAGING operates under Packaging Containers classification in Thailand and is traded on Stock Exchange of Thailand.

SCG Packaging Stock Technical Analysis

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

SCG Packaging Period Price Range

Low
December 27, 2024
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High

 0.00 

     

 0.00 

SCG Packaging 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.

SCG Packaging December 27, 2024 Market Strength

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

SCG Packaging Technical and Predictive Indicators

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

SCG Packaging financial ratios help investors to determine whether SCG 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 SCG with respect to the benefits of owning SCG Packaging security.