Thai Reinsurance (Thailand) Price on November 27, 2023

THRE Stock  THB 0.55  0.01  1.85%   
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 Reinsurance stands at 0.55, as last reported on the 29th of December, with the highest price reaching 0.55 and the lowest price hitting 0.53 during the day. Thai Reinsurance Public owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.24, which indicates the firm had a -0.24% return per unit of risk over the last 3 months. Thai Reinsurance Public exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Thai Reinsurance's Coefficient Of Variation of (596.06), risk adjusted performance of (0.13), and Variance of 3.3 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 = -0.243

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Estimated Market Risk

 1.55
  actual daily
13
87% of assets are more volatile

Expected Return

 -0.38
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.24
  actual daily
0
Most of other assets perform better
Based on monthly moving average Thai Reinsurance 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 Reinsurance by adding Thai Reinsurance to a well-diversified portfolio.

Thai Reinsurance Valuation on November 27, 2023

It is possible to determine the worth of Thai Reinsurance on a given historical date. On November 27, 2023 Thai was worth 0.77 at the beginning of the trading date compared to the closed value of 0.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thai Reinsurance stock. Still, in general, we apply an absolute valuation method to find Thai Reinsurance'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 Reinsurance where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thai Reinsurance's related companies.
 Open High Low Close Volume
  0.81    0.81    0.79    0.79    847,600  
11/27/2023
  0.77    0.80    0.77    0.80    367,100  
  0.81    0.81    0.79    0.79    357,700  
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Open Value
0.77
0.8
Closing Value
5.42
Upside

Thai Reinsurance Trading Date Momentum on November 27, 2023

On November 28 2023 Thai Reinsurance Public was traded for  0.79  at the closing time. The highest price during the trading period was 0.81  and the lowest recorded bid was listed for  0.79 . The volume for the day was 357.7 K. This history from November 28, 2023 contributed to the next trading day price decline. The trading price change to the next closing price was 1.25% . The trading price change to the current price is 1.25% .

Thai Reinsurance Public Fundamentals Correlations and Trends

By evaluating Thai Reinsurance'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 Reinsurance'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 Reinsurance Stock history

Thai Reinsurance 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 Reinsurance 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 Thai Reinsurance stock prices may prove useful in developing a viable investing in Thai Reinsurance
Thai Reinsurance Public Company Limited provides insurance and reinsurance services in Thailand. Thai Reinsurance Public Company Limited was founded in 1978 and is based in Bangkok, Thailand. THAI REINSURANCE operates under Insurance - Reinsurance classification in Thailand and is traded on Stock Exchange of Thailand.

Thai Reinsurance Stock Technical Analysis

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

Low
December 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Thai Reinsurance 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.

Thai Reinsurance December 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Thai Reinsurance 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 Reinsurance shares will generate the highest return on investment. By undertsting and applying Thai Reinsurance stock market strength indicators, traders can identify Thai Reinsurance Public entry and exit signals to maximize returns

Thai Reinsurance Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Thai Reinsurance'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 Reinsurance 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 Reinsurance security.