TCM Public (Thailand) Price on December 15, 2024
TCMC Stock | THB 0.70 0.01 1.41% |
If you're considering investing in TCM Stock, it is important to understand the factors that can impact its price. As of today, the current price of TCM Public stands at 0.70, as last reported on the 15th of December 2024, with the highest price reaching 0.71 and the lowest price hitting 0.69 during the day. TCM Public owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0885, which indicates the company had a -0.0885% return per unit of standard deviation over the last 3 months. TCM Public exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TCM Public's Market Risk Adjusted Performance of 0.8936, risk adjusted performance of (0.05), and Standard Deviation of 3.14 to confirm the risk estimate we provide.
TCM Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
TCM |
Sharpe Ratio = -0.0885
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Estimated Market Risk
3.19 actual daily | 28 72% of assets are more volatile |
Expected Return
-0.28 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 TCM 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 TCM Public by adding TCM Public to a well-diversified portfolio.
TCM Public Valuation on December 15, 2024
It is possible to determine the worth of TCM Public on a given historical date. On December 15, 2024 TCM was worth 0.71 at the beginning of the trading date compared to the closed value of 0.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TCM Public stock. Still, in general, we apply an absolute valuation method to find TCM 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 TCM Public where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TCM Public's related companies.
Open | High | Low | Close | Volume | |
0.71 | 0.71 | 0.69 | 0.70 | 179,300 | |
12/15/2024 | 0.71 | 0.71 | 0.69 | 0.70 | 0.00 |
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TCM Public Trading Date Momentum on December 15, 2024
On December 15 2024 TCM Public was traded for 0.70 at the closing time. The highest price during the trading period was 0.71 and the lowest recorded bid was listed for 0.69 . There was no trading activity during the period 0.0. Lack of trading volume on December 15, 2024 did not result in any price rise and fall. The trading price change to the current price is 1.43% . |
TCM Public Fundamentals Correlations and Trends
By evaluating TCM 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 TCM Public's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TCM financial account trend analysis is a perfect complement when working with valuation or volatility modules.About TCM Public Stock history
TCM 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 TCM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TCM 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 TCM Public stock prices may prove useful in developing a viable investing in TCM Public
TCM Corporation Public Company Limited, together with its subsidiaries, engages in the manufacture, distribution, and sale of various rugs and carpets in Thailand, the United Kingdom, and internationally. TCM Corporation Public Company Limited was founded in 1967 and is based in Bangkok, Thailand. TCM CORPORATION is traded on Stock Exchange of Thailand in Thailand.
TCM Public Stock Technical Analysis
TCM 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.
Price Boundaries
TCM Public Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
TCM 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.
TCM Public December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how TCM 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 TCM Public shares will generate the highest return on investment. By undertsting and applying TCM Public stock market strength indicators, traders can identify TCM Public entry and exit signals to maximize returns
TCM Public Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TCM Public's price direction in advance. Along with the technical and fundamental analysis of TCM Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TCM 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 | (0.05) | |||
Jensen Alpha | (0.25) | |||
Total Risk Alpha | (0.66) | |||
Treynor Ratio | 0.8836 |
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Volume Indicators |
Other Information on Investing in TCM Stock
TCM Public financial ratios help investors to determine whether TCM 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 TCM with respect to the benefits of owning TCM Public security.