Syntec Construction (Thailand) Price on March 18, 2024
If you're considering investing in Syntec Stock, it is important to understand the factors that can impact its price. At this point, Syntec Construction is moderately volatile. Syntec Construction owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0494, which indicates the firm had a 0.0494% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Syntec Construction Public, which you can use to evaluate the volatility of the company. Please validate Syntec Construction's Semi Deviation of 0.6692, risk adjusted performance of 0.0396, and Coefficient Of Variation of 2023.99 to confirm if the risk estimate we provide is consistent with the expected return of 0.0574%.
Syntec Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Syntec |
Sharpe Ratio = 0.0494
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Estimated Market Risk
1.16 actual daily | 10 90% of assets are more volatile |
Expected Return
0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Syntec Construction is performing at about 3% of its full potential. 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 Syntec Construction by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Syntec Construction Stock history
Syntec Construction 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 Syntec is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Syntec Construction 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 Syntec Construction stock prices may prove useful in developing a viable investing in Syntec Construction
Syntec Construction Public Company Limited engages in real estate development and construction activities in Thailand. Syntec Construction Public Company Limited was founded in 1988 and is headquartered in Bangkok, Thailand. SYNTEC CONSTRUCTION is traded on Stock Exchange of Thailand in Thailand.
Syntec Construction Stock Technical Analysis
Syntec Construction 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
Syntec Construction Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Syntec Construction 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.
Syntec Construction December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Syntec Construction stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Syntec Construction shares will generate the highest return on investment. By undertsting and applying Syntec Construction stock market strength indicators, traders can identify Syntec Construction Public entry and exit signals to maximize returns
Syntec Construction Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Syntec Construction's price direction in advance. Along with the technical and fundamental analysis of Syntec Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Syntec 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 | 0.0396 | |||
Jensen Alpha | 0.05 | |||
Total Risk Alpha | (0.1) | |||
Sortino Ratio | (0.04) | |||
Treynor Ratio | (1.70) |
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Complementary Tools for Syntec Stock analysis
When running Syntec Construction's price analysis, check to measure Syntec Construction'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 Syntec Construction is operating at the current time. Most of Syntec Construction's value examination focuses on studying past and present price action to predict the probability of Syntec Construction's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Syntec Construction's price. Additionally, you may evaluate how the addition of Syntec Construction to your portfolios can decrease your overall portfolio volatility.
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