Trinity Watthana (Thailand) Price on October 30, 2024

TNITY Stock  THB 4.44  0.04  0.91%   
If you're considering investing in Trinity Stock, it is important to understand the factors that can impact its price. As of today, the current price of Trinity Watthana stands at 4.44, as last reported on the 24th of December, with the highest price reaching 4.48 and the lowest price hitting 4.36 during the day. Trinity Watthana appears to be moderately volatile, given 3 months investment horizon. Trinity Watthana Public owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0717, which indicates the firm had a 0.0717% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Trinity Watthana Public, which you can use to evaluate the volatility of the company. Please review Trinity Watthana's Risk Adjusted Performance of 0.0478, coefficient of variation of 1956.74, and Semi Deviation of 2.11 to confirm if our risk estimates are consistent with your expectations.
  
Trinity Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0717

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsTNITY
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 3.0
  actual daily
26
74% of assets are more volatile

Expected Return

 0.22
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.07
  actual daily
5
95% of assets perform better
Based on monthly moving average Trinity Watthana is performing at about 5% 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 Trinity Watthana by adding it to a well-diversified portfolio.

Trinity Watthana Valuation on October 30, 2024

It is possible to determine the worth of Trinity Watthana on a given historical date. On October 30, 2024 Trinity was worth 3.72 at the beginning of the trading date compared to the closed value of 3.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Trinity Watthana stock. Still, in general, we apply an absolute valuation method to find Trinity Watthana'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 Trinity Watthana where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Trinity Watthana's related companies.
 Open High Low Close Volume
  3.68    3.68    3.68    3.68    1.00  
10/30/2024
  3.72    3.72    3.68    3.70    14,300  
  3.70    3.70    3.70    3.70    1.00  
Backtest Trinity Watthana  |  Trinity Watthana History  |  Trinity Watthana Valuation   PreviousNext  
Open Value
3.72
3.7
Closing Value
12.72
Upside

Trinity Watthana Trading Date Momentum on October 30, 2024

On October 31 2024 Trinity Watthana Public was traded for  3.70  at the closing time. The highest price during the trading period was 3.70  and the lowest recorded bid was listed for  3.70 . There was no trading activity during the period 1.0. Lack of trading volume on October 31, 2024 did not result in any price rise and fall. The trading price change to the current price is 8.11% .

Trinity Watthana Public Fundamentals Correlations and Trends

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

About Trinity Watthana Stock history

Trinity Watthana 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 Trinity is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Trinity Watthana 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 Trinity Watthana stock prices may prove useful in developing a viable investing in Trinity Watthana
Trinity Watthana Public Company Limited, through its subsidiaries, engages in the securities business in Thailand. Trinity Watthana Public Company Limited was incorporated in 2001 and is based in Bangkok, Thailand. TRINITY WATTHANA operates under Capital Markets classification in Thailand and is traded on Stock Exchange of Thailand.

Trinity Watthana Stock Technical Analysis

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

Trinity Watthana Period Price Range

Low
December 24, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Trinity Watthana 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.

Trinity Watthana December 24, 2024 Market Strength

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

Trinity Watthana Technical and Predictive Indicators

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

When running Trinity Watthana's price analysis, check to measure Trinity Watthana'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 Trinity Watthana is operating at the current time. Most of Trinity Watthana's value examination focuses on studying past and present price action to predict the probability of Trinity Watthana's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trinity Watthana's price. Additionally, you may evaluate how the addition of Trinity Watthana to your portfolios can decrease your overall portfolio volatility.
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account