TMBThanachart Bank (Thailand) Price on April 5, 2023
TTB Stock | 1.85 0.02 1.07% |
If you're considering investing in TMBThanachart Stock, it is important to understand the factors that can impact its price. As of today, the current price of TMBThanachart Bank stands at 1.85, as last reported on the 15th of December 2024, with the highest price reaching 1.87 and the lowest price hitting 1.85 during the day. TMBThanachart Bank Public retains Efficiency (Sharpe Ratio) of -0.0291, which indicates the firm had a -0.0291% return per unit of volatility over the last 3 months. TMBThanachart Bank exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TMBThanachart Bank's standard deviation of 1.06, and Risk Adjusted Performance of (0.05) to confirm the risk estimate we provide.
TMBThanachart Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
TMBThanachart |
Sharpe Ratio = -0.0291
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Estimated Market Risk
1.01 actual daily | 8 92% of assets are more volatile |
Expected Return
-0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average TMBThanachart Bank 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 TMBThanachart Bank by adding TMBThanachart Bank to a well-diversified portfolio.
TMBThanachart Bank Valuation on April 5, 2023
It is possible to determine the worth of TMBThanachart Bank on a given historical date. On April 5, 2023 TMBThanachart was worth 1.25 at the beginning of the trading date compared to the closed value of 1.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TMBThanachart Bank stock. Still, in general, we apply an absolute valuation method to find TMBThanachart Bank'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 TMBThanachart Bank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TMBThanachart Bank's related companies.
Open | High | Low | Close | Volume | |
1.25 | 1.26 | 1.24 | 1.25 | 230,830,200 | |
04/05/2023 | 1.25 | 1.25 | 1.23 | 1.24 | 178,951,000 |
1.25 | 1.28 | 1.24 | 1.26 | 267,540,800 |
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TMBThanachart Bank Trading Date Momentum on April 5, 2023
On April 07 2023 TMBThanachart Bank Public was traded for 1.26 at the closing time. The maximum traded price for the trading interval was 1.28 and the lowest daily price was 1.24 . The daily volume was recorded at 267.5 M. The volume of trading on 7th of April 2023 played a part in the next trading day price upswing. The trading price change to the next closing price was 1.61% . The trading price change to the closing price today is 1.61% . |
TMBThanachart Bank Public Fundamentals Correlations and Trends
By evaluating TMBThanachart Bank'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 TMBThanachart Bank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TMBThanachart financial account trend analysis is a perfect complement when working with valuation or volatility modules.About TMBThanachart Bank Stock history
TMBThanachart Bank 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 TMBThanachart is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TMBThanachart Bank 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 TMBThanachart Bank stock prices may prove useful in developing a viable investing in TMBThanachart Bank
TMBThanachart Bank Stock Technical Analysis
TMBThanachart Bank 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
TMBThanachart Bank Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
TMBThanachart Bank 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.
TMBThanachart Bank December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how TMBThanachart Bank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TMBThanachart Bank shares will generate the highest return on investment. By undertsting and applying TMBThanachart Bank stock market strength indicators, traders can identify TMBThanachart Bank Public entry and exit signals to maximize returns
TMBThanachart Bank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TMBThanachart Bank's price direction in advance. Along with the technical and fundamental analysis of TMBThanachart Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TMBThanachart 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 | (0.05) | |||
Jensen Alpha | (0.11) | |||
Total Risk Alpha | (0.22) | |||
Treynor Ratio | (0.36) |
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Other Information on Investing in TMBThanachart Stock
TMBThanachart Bank financial ratios help investors to determine whether TMBThanachart 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 TMBThanachart with respect to the benefits of owning TMBThanachart Bank security.