Thai Mui (Thailand) Price on October 18, 2023
| THMUI Stock | THB 0.57 0.03 5.56% |
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 Mui stands at 0.57, as last reported on the 2nd of December, with the highest price reaching 0.57 and the lowest price hitting 0.54 during the day. Thai Mui is out of control given 3 months investment horizon. Thai Mui owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. We have analyzed twenty-nine different technical indicators, which can help you to evaluate if expected returns of 15.96% are justified by taking the suggested risk. Use Thai Mui Semi Deviation of 1.85, risk adjusted performance of 0.0406, and Coefficient Of Variation of 2277.1 to evaluate company specific risk that cannot be diversified away.
Thai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Thai |
Sharpe Ratio = 0.1267
| Best Portfolio | Best Equity | THMUI | ||
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Estimated Market Risk
| 126.0 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
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Thai Mui 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 Thai Mui by adding it to a well-diversified portfolio.
Thai Mui Valuation on October 18, 2023
It is possible to determine the worth of Thai Mui on a given historical date. On October 18, 2023 Thai was worth 0.62 at the beginning of the trading date compared to the closed value of 0.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thai Mui stock. Still, in general, we apply an absolute valuation method to find Thai Mui'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 Mui where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thai Mui's related companies.
| Open | High | Low | Close | Volume | |
| 0.63 | 0.63 | 0.61 | 0.63 | 187,000 | |
10/18/2023 | 0.62 | 0.65 | 0.61 | 0.65 | 16,800 |
| 0.61 | 0.64 | 0.61 | 0.64 | 32,800 |
| Backtest Thai Mui | | | Thai Mui History | | | Thai Mui Valuation | Previous | Next |
Thai Mui Trading Date Momentum on October 18, 2023
| On October 19 2023 Thai Mui was traded for 0.64 at the closing time. The highest price during the trading period was 0.64 and the lowest recorded bid was listed for 0.61 . The volume for the day was 32.8 K. This history from October 19, 2023 contributed to the next trading day price decline. The trading price change to the next closing price was 1.54% . The trading price change to the current price is 7.69% . |
Thai Mui Fundamentals Correlations and Trends
By evaluating Thai Mui'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 Mui'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 Mui Stock history
Thai Mui 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 Mui 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 Mui stock prices may prove useful in developing a viable investing in Thai Mui
ThaiMui Corporation Public Company Limited engages in the distribution of wire rope products and lifting equipment in Thailand. ThaiMui Corporation Public Company Limited was founded in 1998 and is headquartered in Bangkok, Thailand. THAI MUI operates under Industrial Distribution classification in Thailand and is traded on Stock Exchange of Thailand.
Thai Mui Stock Technical Analysis
Thai Mui 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
Thai Mui Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Thai Mui 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 Mui December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Thai Mui 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 Mui shares will generate the highest return on investment. By undertsting and applying Thai Mui stock market strength indicators, traders can identify Thai Mui entry and exit signals to maximize returns
Thai Mui Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Thai Mui'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.
| Risk Adjusted Performance | 0.0406 | |||
| Jensen Alpha | 0.1942 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.15) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Thai Stock analysis
When running Thai Mui's price analysis, check to measure Thai Mui'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 Mui is operating at the current time. Most of Thai Mui's value examination focuses on studying past and present price action to predict the probability of Thai Mui'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 Mui's price. Additionally, you may evaluate how the addition of Thai Mui to your portfolios can decrease your overall portfolio volatility.
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