Thai Solar (Thailand) Price on February 8, 2023

TSE Stock  THB 0.91  0.01  1.09%   
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 Solar stands at 0.91, as last reported on the 26th of December, with the highest price reaching 0.92 and the lowest price hitting 0.90 during the day. Thai Solar Energy owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.21, which indicates the firm had a -0.21% return per unit of risk over the last 3 months. Thai Solar Energy exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Thai Solar's Variance of 3.37, risk adjusted performance of (0.14), and Coefficient Of Variation of (529.56) 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 = -0.2078

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Estimated Market Risk

 1.78
  actual daily
15
85% of assets are more volatile

Expected Return

 -0.37
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.21
  actual daily
0
Most of other assets perform better
Based on monthly moving average Thai Solar 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 Solar by adding Thai Solar to a well-diversified portfolio.

Thai Solar Valuation on February 8, 2023

It is possible to determine the worth of Thai Solar on a given historical date. On February 8, 2023 Thai was worth 2.37 at the beginning of the trading date compared to the closed value of 2.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thai Solar stock. Still, in general, we apply an absolute valuation method to find Thai Solar'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 Solar where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thai Solar's related companies.
 Open High Low Close Volume
  2.35    2.37    2.35    2.37    1,955,700  
02/08/2023
  2.37    2.44    2.37    2.38    12,764,100  
  2.40    2.40    2.33    2.38    2,222,000  
Backtest Thai Solar  |  Thai Solar History  |  Thai Solar Valuation   PreviousNext  
Open Value
2.37
2.38
Closing Value
7.71
Upside

Thai Solar Trading Date Momentum on February 8, 2023

On February 09 2023 Thai Solar Energy was traded for  2.38  at the closing time. The maximum traded price for the trading interval was 2.40  and the lowest daily price was  2.33 . The daily volume was recorded at 2.2 M. The volume of trading on 9th of February 2023 did not result in any price rise and fall. The trading price change to the closing price today is 3.78% .

Thai Solar Energy Fundamentals Correlations and Trends

By evaluating Thai Solar'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 Solar'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 Solar Stock history

Thai Solar 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 Solar Energy 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 Solar stock prices may prove useful in developing a viable investing in Thai Solar
Thai Solar Energy Public Company Limited generates and distributes electricity from solar and biomass power plants to government and private sector clients in Thailand and Japan. Thai Solar Energy Public Company Limited was founded in 2008 and is headquartered in Bangkok, Thailand. THAI SOLAR operates under UtilitiesRenewable classification in Thailand and is traded on Stock Exchange of Thailand.

Thai Solar Stock Technical Analysis

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

Low
December 26, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Thai Solar Energy 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 Solar December 26, 2024 Market Strength

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

Thai Solar Technical and Predictive Indicators

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