Ratchthani Leasing (Thailand) Price on May 22, 2023
| THANI Stock | THB 1.71 0.02 1.16% |
If you're considering investing in Ratchthani Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ratchthani Leasing stands at 1.71, as last reported on the 2nd of December, with the highest price reaching 1.73 and the lowest price hitting 1.70 during the day. Ratchthani Leasing is out of control given 3 months investment horizon. Ratchthani Leasing Public maintains Sharpe Ratio (i.e., Efficiency) of 0.12, which implies the firm had a 0.12% return per unit of risk over the last 3 months. We have analyzed twenty-three different technical indicators, which can help you to evaluate if expected returns of 15.62% are justified by taking the suggested risk. Use Ratchthani Leasing Coefficient Of Variation of (730.39), variance of 4.69, and Risk Adjusted Performance of (0.1) to evaluate company specific risk that cannot be diversified away.
Ratchthani Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ratchthani |
Sharpe Ratio = 0.1239
| Best Portfolio | Best Equity | THANI | ||
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Estimated Market Risk
| 126.04 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Ratchthani Leasing is performing at about 9% 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 Ratchthani Leasing by adding it to a well-diversified portfolio.
Ratchthani Leasing Valuation on May 22, 2023
It is possible to determine the worth of Ratchthani Leasing on a given historical date. On May 22, 2023 Ratchthani was worth 3.04 at the beginning of the trading date compared to the closed value of 3.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ratchthani Leasing stock. Still, in general, we apply an absolute valuation method to find Ratchthani Leasing'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 Ratchthani Leasing where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ratchthani Leasing's related companies.
| Open | High | Low | Close | Volume | |
| 3.19 | 3.21 | 3.08 | 3.10 | 16,114,120 | |
05/22/2023 | 3.04 | 3.10 | 2.97 | 3.10 | 16,759,270 |
| 3.10 | 3.13 | 3.08 | 3.13 | 7,165,620 |
| Backtest Ratchthani Leasing | | | Ratchthani Leasing History | | | Ratchthani Leasing Valuation | Previous | Next |
Ratchthani Leasing Trading Date Momentum on May 22, 2023
| On May 23 2023 Ratchthani Leasing Public was traded for 3.13 at the closing time. The highest price during the trading period was 3.13 and the lowest recorded bid was listed for 3.08 . The volume for the day was 7.2 M. This history from May 23, 2023 contributed to the next trading day price jump. The trading price change to the next closing price was 0.97% . The trading delta at closing time to the current price is 1.61% . |
Ratchthani Leasing Public Fundamentals Correlations and Trends
By evaluating Ratchthani Leasing'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 Ratchthani Leasing's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ratchthani financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ratchthani Leasing Stock history
Ratchthani Leasing 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 Ratchthani is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ratchthani Leasing 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 Ratchthani Leasing stock prices may prove useful in developing a viable investing in Ratchthani Leasing
Ratchthani Leasing Public Company Limited, together with its subsidiary, provides hire-purchase and leasing services in Thailand. Ratchthani Leasing Public Company Limited is a subsidiary of Thanachart Bank Public Company Limited. RATCHTHANI LEASING operates under Credit Services classification in Thailand and is traded on Stock Exchange of Thailand.
Ratchthani Leasing Stock Technical Analysis
Ratchthani Leasing 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
Ratchthani Leasing Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Ratchthani Leasing 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.
Ratchthani Leasing December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Ratchthani Leasing stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ratchthani Leasing shares will generate the highest return on investment. By undertsting and applying Ratchthani Leasing stock market strength indicators, traders can identify Ratchthani Leasing Public entry and exit signals to maximize returns
Ratchthani Leasing Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ratchthani Leasing's price direction in advance. Along with the technical and fundamental analysis of Ratchthani Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ratchthani 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 | (0.1) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.67) | |||
| Treynor Ratio | (0.94) |
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Ratchthani Stock analysis
When running Ratchthani Leasing's price analysis, check to measure Ratchthani Leasing'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 Ratchthani Leasing is operating at the current time. Most of Ratchthani Leasing's value examination focuses on studying past and present price action to predict the probability of Ratchthani Leasing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ratchthani Leasing's price. Additionally, you may evaluate how the addition of Ratchthani Leasing to your portfolios can decrease your overall portfolio volatility.
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