Thantawan Industry (Thailand) Price on September 26, 2024
| THIP Stock | THB 29.00 0.25 0.87% |
If you're considering investing in Thantawan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Thantawan Industry stands at 29.00, as last reported on the 11th of December 2024, with the highest price reaching 29.00 and the lowest price hitting 28.75 during the day. As of now, Thantawan Stock is very steady. Thantawan Industry Public owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0232, which indicates the firm had a 0.0232% return per unit of risk over the last 3 months. We have found thirty technical indicators for Thantawan Industry Public, which you can use to evaluate the volatility of the company. Please validate Thantawan Industry's Semi Deviation of 0.537, coefficient of variation of 1416.56, and Risk Adjusted Performance of 0.052 to confirm if the risk estimate we provide is consistent with the expected return of 0.017%.
Thantawan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Thantawan |
Sharpe Ratio = 0.0232
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Estimated Market Risk
| 0.73 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Thantawan Industry is performing at about 1% 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 Thantawan Industry by adding it to a well-diversified portfolio.
Thantawan Industry Valuation on September 26, 2024
It is possible to determine the worth of Thantawan Industry on a given historical date. On September 26, 2024 Thantawan was worth 29.25 at the beginning of the trading date compared to the closed value of 29.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thantawan Industry stock. Still, in general, we apply an absolute valuation method to find Thantawan Industry'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 Thantawan Industry where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thantawan Industry's related companies.
| Open | High | Low | Close | Volume | |
| 29.00 | 29.50 | 29.00 | 29.50 | 7,300 | |
09/26/2024 | 29.25 | 29.50 | 28.50 | 29.00 | 72,238 |
| 29.00 | 29.50 | 29.00 | 29.00 | 18,485 |
| Backtest Thantawan Industry | | | Thantawan Industry History | | | Thantawan Industry Valuation | Previous | Next |
Thantawan Industry Trading Date Momentum on September 26, 2024
| On September 27 2024 Thantawan Industry Public was traded for 29.00 at the closing time. The highest price during the trading period was 29.50 and the lowest recorded bid was listed for 29.00 . The volume for the day was 18.5 K. This history from September 27, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.00% . |
Thantawan Industry Public Fundamentals Correlations and Trends
By evaluating Thantawan Industry'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 Thantawan Industry's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Thantawan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Thantawan Industry Stock history
Thantawan Industry 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 Thantawan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Thantawan Industry 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 Thantawan Industry stock prices may prove useful in developing a viable investing in Thantawan Industry
Thantawan Industry Public Company Limited manufactures and exports plastic packaging products in Thailand. Thantawan Industry Public Company Limited is a subsidiary of Sunflower Company Limited. THANTAWAN INDUSTRY operates under Packaging Containers classification in Thailand and is traded on Stock Exchange of Thailand.
Thantawan Industry Stock Technical Analysis
Thantawan Industry 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
Thantawan Industry Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Thantawan Industry 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.
Thantawan Industry December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Thantawan Industry stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Thantawan Industry shares will generate the highest return on investment. By undertsting and applying Thantawan Industry stock market strength indicators, traders can identify Thantawan Industry Public entry and exit signals to maximize returns
Thantawan Industry Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Thantawan Industry's price direction in advance. Along with the technical and fundamental analysis of Thantawan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Thantawan 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 | 0.052 | |||
| Jensen Alpha | 0.0479 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | (5.20) |
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Other Information on Investing in Thantawan Stock
Thantawan Industry financial ratios help investors to determine whether Thantawan 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 Thantawan with respect to the benefits of owning Thantawan Industry security.