Unique Engineering (Thailand) Price on November 3, 2023

UNIQ Stock  THB 2.62  0.02  0.77%   
If you're considering investing in Unique Stock, it is important to understand the factors that can impact its price. As of today, the current price of Unique Engineering stands at 2.62, as last reported on the 27th of December, with the highest price reaching 2.62 and the lowest price hitting 2.58 during the day. Unique Engineering and owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.3, which indicates the firm had a -0.3% return per unit of risk over the last 3 months. Unique Engineering and exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Unique Engineering's Risk Adjusted Performance of (0.05), coefficient of variation of (1,524), and Variance of 2.34 to confirm the risk estimate we provide.
  
Unique Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2958

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Estimated Market Risk

 0.7
  actual daily
6
94% of assets are more volatile

Expected Return

 -0.21
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.3
  actual daily
0
Most of other assets perform better
Based on monthly moving average Unique Engineering 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 Unique Engineering by adding Unique Engineering to a well-diversified portfolio.

Unique Engineering Valuation on November 3, 2023

It is possible to determine the worth of Unique Engineering on a given historical date. On November 3, 2023 Unique was worth 2.8 at the beginning of the trading date compared to the closed value of 2.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Unique Engineering stock. Still, in general, we apply an absolute valuation method to find Unique Engineering'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 Unique Engineering where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Unique Engineering's related companies.
 Open High Low Close Volume
  2.76    2.80    2.70    2.80    153,305  
11/03/2023
  2.80    2.86    2.80    2.86    156,204  
  2.86    2.90    2.86    2.88    194,000  
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Open Value
2.8
2.86
Closing Value
4.91
Upside

Unique Engineering Trading Date Momentum on November 3, 2023

On November 06 2023 Unique Engineering and was traded for  2.88  at the closing time. The highest price during the trading period was 2.90  and the lowest recorded bid was listed for  2.86 . The volume for the day was 194 K. This history from November 6, 2023 contributed to the next trading day price upswing. The trading price change to the next closing price was 0.70% . The trading price change to the current price is 3.50% .

Unique Engineering and Fundamentals Correlations and Trends

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

About Unique Engineering Stock history

Unique Engineering 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 Unique is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Unique Engineering and 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 Unique Engineering stock prices may prove useful in developing a viable investing in Unique Engineering
Unique Engineering and Construction Public Company Limited, together with its subsidiaries, engages in the construction contracting and real estate development businesses in Thailand. Unique Engineering and Construction Public Company Limited was founded in 1994 and is based in Nonthaburi, Thailand. UNIQUE ENGINEERING operates under Engineering Construction classification in Thailand and is traded on Stock Exchange of Thailand.

Unique Engineering Stock Technical Analysis

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

Unique Engineering Period Price Range

Low
December 27, 2024
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High

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Unique Engineering and 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.

Unique Engineering December 27, 2024 Market Strength

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

Unique Engineering Technical and Predictive Indicators

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

Unique Engineering financial ratios help investors to determine whether Unique 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 Unique with respect to the benefits of owning Unique Engineering security.