S Khonkaen (Thailand) Price on September 7, 2023
SORKON Stock | THB 4.28 0.02 0.47% |
If you're considering investing in SORKON Stock, it is important to understand the factors that can impact its price. As of today, the current price of S Khonkaen stands at 4.28, as last reported on the 16th of December 2024, with the highest price reaching 4.30 and the lowest price hitting 4.28 during the day. S Khonkaen Foods owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the company had a -0.12% return per unit of volatility over the last 3 months. S Khonkaen Foods exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate S Khonkaen's Standard Deviation of 0.7491, risk adjusted performance of (0.07), and Market Risk Adjusted Performance of 0.5343 to confirm the risk estimate we provide.
SORKON Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
SORKON |
Sharpe Ratio = -0.1155
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Estimated Market Risk
0.69 actual daily | 6 94% of assets are more volatile |
Expected Return
-0.08 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 S Khonkaen 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 S Khonkaen by adding S Khonkaen to a well-diversified portfolio.
S Khonkaen Valuation on September 7, 2023
It is possible to determine the worth of S Khonkaen on a given historical date. On September 7, 2023 SORKON was worth 4.56 at the beginning of the trading date compared to the closed value of 4.59. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of S Khonkaen stock. Still, in general, we apply an absolute valuation method to find S Khonkaen'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 S Khonkaen where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against S Khonkaen's related companies.
Open | High | Low | Close | Volume | |
4.57 | 4.79 | 4.54 | 4.56 | 408,400 | |
09/07/2023 | 4.56 | 4.61 | 4.56 | 4.59 | 33,700 |
4.59 | 4.63 | 4.57 | 4.57 | 36,500 |
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S Khonkaen Trading Date Momentum on September 7, 2023
On September 08 2023 S Khonkaen Foods was traded for 4.57 at the closing time. The highest price during the trading period was 4.63 and the lowest recorded bid was listed for 4.57 . The volume for the day was 36.5 K. This history from September 8, 2023 contributed to the next trading day price decline. The trading price change to the next closing price was 0.44% . The trading price change to the current price is 0.44% . |
S Khonkaen Foods Fundamentals Correlations and Trends
By evaluating S Khonkaen'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 S Khonkaen's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SORKON financial account trend analysis is a perfect complement when working with valuation or volatility modules.About S Khonkaen Stock history
S Khonkaen 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 SORKON is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in S Khonkaen Foods 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 S Khonkaen stock prices may prove useful in developing a viable investing in S Khonkaen
Khonkaen Foods Public Company Limited, together with its subsidiaries, manufactures and distributes processed food products in Thailand and internationally. Khonkaen Foods Public Company Limited was founded in 1984 and is headquartered in Bangkok, Thailand. S KHONKAEN operates under Packaged Foods classification in Thailand and is traded on Stock Exchange of Thailand.
S Khonkaen Stock Technical Analysis
S Khonkaen 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
S Khonkaen Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
S Khonkaen Foods 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.
S Khonkaen December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how S Khonkaen stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading S Khonkaen shares will generate the highest return on investment. By undertsting and applying S Khonkaen stock market strength indicators, traders can identify S Khonkaen Foods entry and exit signals to maximize returns
S Khonkaen Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for S Khonkaen's price direction in advance. Along with the technical and fundamental analysis of SORKON Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SORKON 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 | (0.07) | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.18) | |||
Treynor Ratio | 0.5243 |
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Volume Indicators |
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When running S Khonkaen's price analysis, check to measure S Khonkaen's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy S Khonkaen is operating at the current time. Most of S Khonkaen's value examination focuses on studying past and present price action to predict the probability of S Khonkaen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move S Khonkaen's price. Additionally, you may evaluate how the addition of S Khonkaen to your portfolios can decrease your overall portfolio volatility.
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