STPI Public (Thailand) Price on December 16, 2024

STPI Stock  THB 3.36  0.14  4.00%   
If you're considering investing in STPI Stock, it is important to understand the factors that can impact its price. As of today, the current price of STPI Public stands at 3.36, as last reported on the 16th of December 2024, with the highest price reaching 3.46 and the lowest price hitting 3.36 during the day. STPI Public owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0927, which indicates the firm had a -0.0927% return per unit of standard deviation over the last 3 months. STPI Public exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate STPI Public's risk adjusted performance of (0.03), and Variance of 4.49 to confirm the risk estimate we provide.
  
STPI Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0927

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Estimated Market Risk

 2.12
  actual daily
18
82% of assets are more volatile

Expected Return

 -0.2
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  actual daily
0
Most of other assets perform better
Based on monthly moving average STPI Public 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 STPI Public by adding STPI Public to a well-diversified portfolio.

STPI Public Valuation on December 16, 2024

It is possible to determine the worth of STPI Public on a given historical date. On December 16, 2024 STPI was worth 3.46 at the beginning of the trading date compared to the closed value of 3.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of STPI Public stock. Still, in general, we apply an absolute valuation method to find STPI Public'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 STPI Public where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against STPI Public's related companies.
 Open High Low Close Volume
  3.46    3.46    3.36    3.36    1,357,201  
12/16/2024
  3.46    3.46    3.36    3.36    0.00  
Backtest STPI Public  |  STPI Public History  |  STPI Public Valuation   Previous
Open Value
3.46
3.36
Closing Value
9.82
Upside

STPI Public Trading Date Momentum on December 16, 2024

On December 16 2024 STPI Public was traded for  3.36  at the closing time. The highest price during the trading period was 3.46  and the lowest recorded bid was listed for  3.36 . There was no trading activity during the period 0.0. Lack of trading volume on December 16, 2024 did not result in any price rise and fall. The trading price change to the current price is 2.98% .

STPI Public Fundamentals Correlations and Trends

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

About STPI Public Stock history

STPI Public 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 STPI is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in STPI 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 STPI Public stock prices may prove useful in developing a viable investing in STPI Public
STPI Public Company Limited engages in the steel fabrication works, and manufacture of boilers and pressure vessels primarily in Thailand, Japan, Italy, Sri Lanka, and internationally. STPI Public Company Limited was founded in 1975 and is headquartered in Bangkok, Thailand. STPI PUBLIC operates under Metal Fabrication classification in Thailand and is traded on Stock Exchange of Thailand.

STPI Public Stock Technical Analysis

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

STPI Public Period Price Range

Low
December 16, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

STPI 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.

STPI Public December 16, 2024 Market Strength

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

STPI Public Technical and Predictive Indicators

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

STPI Public financial ratios help investors to determine whether STPI 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 STPI with respect to the benefits of owning STPI Public security.