Thai Group (Thailand) Price on December 6, 2023

TGH Stock  THB 11.90  0.20  1.65%   
If you're considering investing in Thai Stock, it is important to understand the factors that can impact its price. As of today, the current price of Thai Group stands at 11.90, as last reported on the 26th of December, with the highest price reaching 12.10 and the lowest price hitting 11.90 during the day. Thai Group Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0639, which indicates the firm had a -0.0639% return per unit of risk over the last 3 months. Thai Group Holdings exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Thai Group's Risk Adjusted Performance of (0.03), variance of 6.93, and Coefficient Of Variation of (1,994) to confirm the risk estimate we provide.
  
Thai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0639

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Estimated Market Risk

 2.72
  actual daily
24
76% of assets are more volatile

Expected Return

 -0.17
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average Thai Group 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 Thai Group by adding Thai Group to a well-diversified portfolio.

Thai Group Valuation on December 6, 2023

It is possible to determine the worth of Thai Group on a given historical date. On December 6, 2023 Thai was worth 16.0 at the beginning of the trading date compared to the closed value of 16.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thai Group stock. Still, in general, we apply an absolute valuation method to find Thai Group'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 Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thai Group's related companies.
 Open High Low Close Volume
  16.00    16.00    16.00    16.00    1.00  
12/06/2023
  16.00    16.00    16.00    16.00    1.00  
  16.00    16.00    16.00    16.00    1.00  
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Open Value
16.0
16.0
Closing Value
24.17
Upside

Thai Group Trading Date Momentum on December 6, 2023

On December 07 2023 Thai Group Holdings was traded for  16.00  at the closing time. The maximum traded price for the trading interval was 16.00  and the lowest daily price was  16.00 . There was no trading activity during the period 1.0. Lack of trading volume on 7th of December 2023 did not result in any price rise and fall. The trading price change to the closing price today is 5.62% .

Thai Group Holdings Fundamentals Correlations and Trends

By evaluating Thai Group'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 Group'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 Group Stock history

Thai Group 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 Group Holdings 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 Group stock prices may prove useful in developing a viable investing in Thai Group
Thai Group Holdings Public Company Limited engages in the underwriting of life and non-life insurance business principally in Thailand. The company was incorporated in 2018 and is based in Bangkok, Thailand. THAI GROUP is traded on Stock Exchange of Thailand in Thailand.

Thai Group Stock Technical Analysis

Thai Group 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 Thai Group technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Thai Group 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 Group Period Price Range

Low
December 26, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Thai Group Holdings 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.

Thai Group December 26, 2024 Market Strength

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

Thai Group Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Thai Group's price direction in advance. Along with the technical and fundamental analysis of Thai Stock 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.

Other Information on Investing in Thai Stock

Thai Group financial ratios help investors to determine whether Thai 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 Thai with respect to the benefits of owning Thai Group security.