TOA Paint (Thailand) Price on June 17, 2024
TOA Stock | THB 14.90 0.10 0.68% |
If you're considering investing in TOA Stock, it is important to understand the factors that can impact its price. As of today, the current price of TOA Paint stands at 14.90, as last reported on the 12th of December 2024, with the highest price reaching 15.10 and the lowest price hitting 14.70 during the day. TOA Paint Public retains Efficiency (Sharpe Ratio) of -0.22, which indicates the firm had a -0.22% return per unit of risk over the last 3 months. TOA Paint exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TOA Paint's standard deviation of 2.24, and Risk Adjusted Performance of (0.10) to confirm the risk estimate we provide.
TOA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
TOA |
Sharpe Ratio = -0.2158
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Estimated Market Risk
2.12 actual daily | 18 82% of assets are more volatile |
Expected Return
-0.46 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.22 actual daily | 0 Most of other assets perform better |
Based on monthly moving average TOA Paint 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 TOA Paint by adding TOA Paint to a well-diversified portfolio.
TOA Paint Valuation on June 17, 2024
It is possible to determine the worth of TOA Paint on a given historical date. On June 17, 2024 TOA was worth 20.05 at the beginning of the trading date compared to the closed value of 20.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TOA Paint stock. Still, in general, we apply an absolute valuation method to find TOA Paint'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 TOA Paint where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TOA Paint's related companies.
Open | High | Low | Close | Volume | |
20.44 | 20.54 | 20.05 | 20.15 | 595,511 | |
06/17/2024 | 20.05 | 20.15 | 19.75 | 20.05 | 663,066 |
20.05 | 20.24 | 19.75 | 19.75 | 412,874 |
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TOA Paint Trading Date Momentum on June 17, 2024
On June 18 2024 TOA Paint Public was traded for 19.75 at the closing time. The maximum traded price for the trading interval was 20.24 and the lowest daily price was 19.75 . The daily volume was recorded at 412.9 K. The volume of trading on 18th of June 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 1.50% . The trading price change to the closing price today is 1.50% . |
TOA Paint Public Fundamentals Correlations and Trends
By evaluating TOA Paint'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 TOA Paint's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TOA financial account trend analysis is a perfect complement when working with valuation or volatility modules.About TOA Paint Stock history
TOA Paint 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 TOA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TOA Paint 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 TOA Paint stock prices may prove useful in developing a viable investing in TOA Paint
TOA Paint Public Company Limited, together with its subsidiaries, manufactures and distributes paints and chemicals in Thailand and Southeast Asia. TOA Paint Public Company Limited was incorporated in 1977 and is headquartered in Bang Sao Thong, Thailand. TOA PAINT is traded on Stock Exchange of Thailand in Thailand.
TOA Paint Stock Technical Analysis
TOA Paint 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
TOA Paint Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
TOA Paint 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.
TOA Paint December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how TOA Paint stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TOA Paint shares will generate the highest return on investment. By undertsting and applying TOA Paint stock market strength indicators, traders can identify TOA Paint Public entry and exit signals to maximize returns
TOA Paint Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TOA Paint's price direction in advance. Along with the technical and fundamental analysis of TOA Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TOA 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 | (0.10) | |||
Jensen Alpha | (0.35) | |||
Total Risk Alpha | (0.70) | |||
Treynor Ratio | (8.98) |
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Other Information on Investing in TOA Stock
TOA Paint financial ratios help investors to determine whether TOA 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 TOA with respect to the benefits of owning TOA Paint security.