Thai Nakarin (Thailand) Price on August 25, 2023
| TNH Stock | THB 37.00 0.75 1.99% |
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 Nakarin stands at 37.00, as last reported on the 14th of December 2024, with the highest price reaching 37.50 and the lowest price hitting 37.00 during the day. As of now, Thai Stock is very steady. Thai Nakarin Hospital 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 found twenty-nine technical indicators for Thai Nakarin Hospital, which you can use to evaluate the volatility of the company. Please validate Thai Nakarin's Semi Deviation of 0.3454, coefficient of variation of 838.17, and Risk Adjusted Performance of 0.0854 to confirm if the risk estimate we provide is consistent with the expected return of 0.0844%.
Thai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Thai |
Sharpe Ratio = 0.1263
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Estimated Market Risk
| 0.67 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Thai Nakarin 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 Nakarin by adding it to a well-diversified portfolio.
Thai Nakarin Valuation on August 25, 2023
It is possible to determine the worth of Thai Nakarin on a given historical date. On August 25, 2023 Thai was worth 34.12 at the beginning of the trading date compared to the closed value of 34.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thai Nakarin stock. Still, in general, we apply an absolute valuation method to find Thai Nakarin'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 Nakarin where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thai Nakarin's related companies.
| Open | High | Low | Close | Volume | |
| 34.12 | 34.12 | 34.12 | 34.12 | 3,100 | |
08/25/2023 | 34.12 | 34.12 | 34.12 | 34.12 | 6,400 |
| 33.88 | 33.88 | 33.88 | 33.88 | 1,900 |
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Thai Nakarin Trading Date Momentum on August 25, 2023
| On August 28 2023 Thai Nakarin Hospital was traded for 33.88 at the closing time. The maximum traded price for the trading interval was 33.88 and the lowest daily price was 33.88 . The daily volume was recorded at 1.9 K. The volume of trading on 28th of August 2023 played a part in the next trading day price drop. The trading price change to the next closing price was 0.70% . The trading price change to the closing price today is 2.11% . |
Thai Nakarin Hospital Fundamentals Correlations and Trends
By evaluating Thai Nakarin'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 Nakarin'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 Nakarin Stock history
Thai Nakarin 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 Nakarin Hospital 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 Nakarin stock prices may prove useful in developing a viable investing in Thai Nakarin
Thai Nakarin Hospital Public Company Limited engages in the hospital business in Thailand. Thai Nakarin Hospital Public Company Limited was founded in 1993 and is based in Bangkok, Thailand. THAI NAKARIN is traded on Stock Exchange of Thailand in Thailand.
Thai Nakarin Stock Technical Analysis
Thai Nakarin 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 Nakarin Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Thai Nakarin Hospital 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 Nakarin December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Thai Nakarin 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 Nakarin shares will generate the highest return on investment. By undertsting and applying Thai Nakarin stock market strength indicators, traders can identify Thai Nakarin Hospital entry and exit signals to maximize returns
Thai Nakarin Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Thai Nakarin'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 | 0.0854 | |||
| Jensen Alpha | 0.0807 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.49) |
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| Volume Indicators |
Other Information on Investing in Thai Stock
Thai Nakarin 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 Nakarin security.