Thai Nam (Thailand) Price on October 17, 2024

TNPC Stock  THB 0.92  0.01  1.10%   
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 Nam stands at 0.92, as last reported on the 15th of December 2024, with the highest price reaching 0.92 and the lowest price hitting 0.89 during the day. Thai Nam Plastic owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0838, which indicates the firm had a -0.0838% return per unit of risk over the last 3 months. Thai Nam Plastic exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Thai Nam's Variance of 4.84, risk adjusted performance of (0.07), and Coefficient Of Variation of (1,009) 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 = -0.0838

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Estimated Market Risk

 2.09
  actual daily
18
82% of assets are more volatile

Expected Return

 -0.18
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average Thai Nam 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 Nam by adding Thai Nam to a well-diversified portfolio.

Thai Nam Valuation on October 17, 2024

It is possible to determine the worth of Thai Nam on a given historical date. On October 17, 2024 Thai was worth 1.05 at the beginning of the trading date compared to the closed value of 1.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thai Nam stock. Still, in general, we apply an absolute valuation method to find Thai Nam'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 Nam where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thai Nam's related companies.
 Open High Low Close Volume
  1.05    1.05    1.05    1.05    1.00  
10/17/2024
  1.05    1.05    1.05    1.05    1.00  
  1.07    1.07    1.05    1.07    188,723  
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Open Value
1.05
1.05
Closing Value
7.32
Upside

Thai Nam Trading Date Momentum on October 17, 2024

On October 18 2024 Thai Nam Plastic was traded for  1.07  at the closing time. The highest price during the trading period was 1.07  and the lowest recorded bid was listed for  1.05 . The volume for the day was 188.7 K. This history from October 18, 2024 contributed to the next trading day price upswing. The trading price change to the next closing price was 1.90% . The trading price change to the current price is 1.90% .

Thai Nam Plastic Fundamentals Correlations and Trends

By evaluating Thai Nam'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 Nam'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 Nam Stock history

Thai Nam 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 Nam Plastic 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 Nam stock prices may prove useful in developing a viable investing in Thai Nam
Thai Nam Plastic Public Company Limited engages in the production and distribution of flexible plastic, synthetic leather, and car mats in Thailand and internationally. Thai Nam Plastic Public Company Limited was founded in 1970 and is headquartered in Samutsakorn, Thailand. THAI NAM operates under Rubber Plastics classification in Thailand and is traded on Stock Exchange of Thailand.

Thai Nam Stock Technical Analysis

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

Low
December 15, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Thai Nam Plastic 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 Nam December 15, 2024 Market Strength

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

Thai Nam Technical and Predictive Indicators

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