TPI Polene (Thailand) Price on August 7, 2023

TPIPP Stock  THB 2.96  0.02  0.67%   
If you're considering investing in TPI Stock, it is important to understand the factors that can impact its price. As of today, the current price of TPI Polene stands at 2.96, as last reported on the 15th of December 2024, with the highest price reaching 3.00 and the lowest price hitting 2.96 during the day. TPI Polene Power owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0524, which indicates the firm had a -0.0524% return per unit of volatility over the last 3 months. TPI Polene Power exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TPI Polene's variance of 0.5662, and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide.
  
TPI Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0524

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Estimated Market Risk

 0.77
  actual daily
6
94% of assets are more volatile

Expected Return

 -0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average TPI Polene 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 TPI Polene by adding TPI Polene to a well-diversified portfolio.

TPI Polene Valuation on August 7, 2023

It is possible to determine the worth of TPI Polene on a given historical date. On August 7, 2023 TPI was worth 3.02 at the beginning of the trading date compared to the closed value of 3.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TPI Polene stock. Still, in general, we apply an absolute valuation method to find TPI Polene'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 TPI Polene where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TPI Polene's related companies.
 Open High Low Close Volume
  3.00    3.02    3.00    3.02    893,003  
08/07/2023
  3.02    3.04    3.00    3.02    2,544,839  
  3.02    3.04    3.02    3.02    1,783,190  
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Open Value
3.02
3.02
Closing Value
5.32
Upside

TPI Polene Trading Date Momentum on August 7, 2023

On August 08 2023 TPI Polene Power was traded for  3.02  at the closing time. The highest price during the trading period was 3.04  and the lowest recorded bid was listed for  3.02 . The volume for the day was 1.8 M. This history from August 8, 2023 did not result in any price rise and fall. The trading price change to the current price is 0.00% .

TPI Polene Power Fundamentals Correlations and Trends

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

About TPI Polene Stock history

TPI Polene 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 TPI is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TPI Polene Power 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 TPI Polene stock prices may prove useful in developing a viable investing in TPI Polene
TPI Polene Power Public Company Limited produces and distributes electricity in Thailand. TPI Polene Power Public Company Limited is a subsidiary of TPI Polene Public Company Limited. TPI POLENE operates under Utilities - Regulated Electric classification in Thailand and is traded on Stock Exchange of Thailand.

TPI Polene Stock Technical Analysis

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

TPI Polene Period Price Range

Low
December 15, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

TPI Polene Power 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.

TPI Polene December 15, 2024 Market Strength

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

TPI Polene Technical and Predictive Indicators

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

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