Thai Beverage Public Stock Price on October 2, 2024

TBVPF Stock  USD 0.40  0.01  2.56%   
If you're considering investing in Thai Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Thai Beverage stands at 0.40, as last reported on the 24th of December, with the highest price reaching 0.40 and the lowest price hitting 0.40 during the day. Thai Beverage appears to be out of control, given 3 months investment horizon. Thai Beverage Public owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0425, which indicates the firm had a 0.0425% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Thai Beverage Public, which you can use to evaluate the volatility of the company. Please review Thai Beverage's Risk Adjusted Performance of 0.0204, semi deviation of 4.79, and Coefficient Of Variation of 6723.82 to confirm if our risk estimates are consistent with your expectations.
  
Thai Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0425

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Estimated Market Risk

 5.67
  actual daily
50
50% of assets are less volatile

Expected Return

 0.24
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
3
97% of assets perform better
Based on monthly moving average Thai Beverage 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 Thai Beverage by adding it to a well-diversified portfolio.

Thai Beverage Valuation on October 2, 2024

It is possible to determine the worth of Thai Beverage on a given historical date. On October 2, 2024 Thai was worth 0.45 at the beginning of the trading date compared to the closed value of 0.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thai Beverage pink sheet. Still, in general, we apply an absolute valuation method to find Thai Beverage'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 Thai Beverage where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thai Beverage's related companies.
 Open High Low Close Volume
  0.41    0.41    0.41    0.41    41,500  
10/02/2024
  0.45    0.45    0.45    0.45    645.00  
  0.40    0.43    0.40    0.40    23,100  
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Open Value
0.45
0.45
Closing Value
17.47
Upside

Thai Beverage Trading Date Momentum on October 2, 2024

On October 03 2024 Thai Beverage Public was traded for  0.40  at the closing time. The highest daily price throughout the period was 0.43  and the lowest price was  0.40 . The daily volume was 23.1 K. The net trading volume on 10/03/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 11.11% . The trading price change to current closing price is 8.89% .

Thai Beverage Public Fundamentals Correlations and Trends

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

About Thai Beverage Pink Sheet history

Thai Beverage 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 Thai is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Thai Beverage 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 Thai Beverage stock prices may prove useful in developing a viable investing in Thai Beverage
Thai Beverage Public Company Limited, together with its subsidiaries, produces and distributes alcoholic and non-alcoholic beverages, and food products in Thailand, Vietnam, and internationally. Thai Beverage Public Company Limited was founded in 2003 and is based in Bangkok, Thailand. Thai Beverage operates under BeveragesWineries Distilleries classification in the United States and is traded on OTC Exchange.

Thai Beverage Pink Sheet Technical Analysis

Thai Beverage technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of Thai Beverage technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Thai Beverage 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

Thai Beverage Period Price Range

Low
December 24, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Thai Beverage Public cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.

Thai Beverage December 24, 2024 Market Strength

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

Thai Beverage Technical and Predictive Indicators

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

Complementary Tools for Thai Pink Sheet analysis

When running Thai Beverage's price analysis, check to measure Thai Beverage'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 Thai Beverage is operating at the current time. Most of Thai Beverage's value examination focuses on studying past and present price action to predict the probability of Thai Beverage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thai Beverage's price. Additionally, you may evaluate how the addition of Thai Beverage to your portfolios can decrease your overall portfolio volatility.
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