Thaire Life (Thailand) Price on September 5, 2023

THREL Stock  THB 1.59  0.01  0.63%   
If you're considering investing in Thaire Stock, it is important to understand the factors that can impact its price. As of today, the current price of Thaire Life stands at 1.59, as last reported on the 29th of December, with the highest price reaching 1.63 and the lowest price hitting 1.58 during the day. Thaire Life Assurance owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.19, which indicates the firm had a -0.19% return per unit of risk over the last 3 months. Thaire Life Assurance exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Thaire Life's Risk Adjusted Performance of (0.14), variance of 1.5, and Coefficient Of Variation of (572.40) to confirm the risk estimate we provide.
  
Thaire Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1948

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Estimated Market Risk

 1.22
  actual daily
10
90% of assets are more volatile

Expected Return

 -0.24
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.19
  actual daily
0
Most of other assets perform better
Based on monthly moving average Thaire Life 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 Thaire Life by adding Thaire Life to a well-diversified portfolio.

Thaire Life Valuation on September 5, 2023

It is possible to determine the worth of Thaire Life on a given historical date. On September 5, 2023 Thaire was worth 3.52 at the beginning of the trading date compared to the closed value of 3.31. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thaire Life stock. Still, in general, we apply an absolute valuation method to find Thaire Life'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 Thaire Life where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thaire Life's related companies.
 Open High Low Close Volume
  3.35    3.39    3.28    3.30    245,437  
09/05/2023
  3.52    3.52    3.31    3.31    41,208  
  3.56    3.56    3.37    3.37    98,997  
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Open Value
3.52
3.31
Closing Value
7.17
Upside

Thaire Life Trading Date Momentum on September 5, 2023

On September 06 2023 Thaire Life Assurance was traded for  3.37  at the closing time. The highest price during the trading period was 3.56  and the lowest recorded bid was listed for  3.37 . The volume for the day was 99 K. This history from September 6, 2023 contributed to the next trading day price jump. The trading price change to the next closing price was 1.81% . The trading price change to the current price is 14.20% .

Thaire Life Assurance Fundamentals Correlations and Trends

By evaluating Thaire Life'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 Thaire Life's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Thaire financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Thaire Life Stock history

Thaire Life 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 Thaire is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Thaire Life Assurance 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 Thaire Life stock prices may prove useful in developing a viable investing in Thaire Life
Thaire Life Assurance Public Company Limited provides life reinsurance solutions to various life insurance companies in Thailand. Thaire Life Assurance Public Company Limited was founded in 2000 and is based in Bangkok, Thailand. THAIRE LIFE operates under Insurance - Reinsurance classification in Thailand and is traded on Stock Exchange of Thailand.

Thaire Life Stock Technical Analysis

Thaire Life 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 Thaire Life technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Thaire Life 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

Thaire Life Period Price Range

Low
December 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Thaire Life Assurance 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.

Thaire Life December 29, 2024 Market Strength

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

Thaire Life Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Thaire Life's price direction in advance. Along with the technical and fundamental analysis of Thaire Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Thaire 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.

Complementary Tools for Thaire Stock analysis

When running Thaire Life's price analysis, check to measure Thaire Life'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 Thaire Life is operating at the current time. Most of Thaire Life's value examination focuses on studying past and present price action to predict the probability of Thaire Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thaire Life's price. Additionally, you may evaluate how the addition of Thaire Life to your portfolios can decrease your overall portfolio volatility.
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