Vanachai Group (Thailand) Price on December 1, 2023
VNG Stock | THB 3.16 0.02 0.63% |
If you're considering investing in Vanachai Stock, it is important to understand the factors that can impact its price. As of today, the current price of Vanachai Group stands at 3.16, as last reported on the 16th of December 2024, with the highest price reaching 3.18 and the lowest price hitting 3.14 during the day. Vanachai Group Public owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.19, which indicates the firm had a -0.19% return per unit of risk over the last 3 months. Vanachai Group Public exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vanachai Group's Coefficient Of Variation of (575.12), risk adjusted performance of (0.12), and Variance of 1.31 to confirm the risk estimate we provide.
Vanachai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Vanachai |
Sharpe Ratio = -0.1897
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Estimated Market Risk
1.09 actual daily | 9 91% of assets are more volatile |
Expected Return
-0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Vanachai Group 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 Vanachai Group by adding Vanachai Group to a well-diversified portfolio.
Vanachai Group Valuation on December 1, 2023
It is possible to determine the worth of Vanachai Group on a given historical date. On December 1, 2023 Vanachai was worth 3.64 at the beginning of the trading date compared to the closed value of 3.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Vanachai Group stock. Still, in general, we apply an absolute valuation method to find Vanachai Group'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 Vanachai Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Vanachai Group's related companies.
Open | High | Low | Close | Volume | |
3.62 | 3.64 | 3.60 | 3.64 | 25,600 | |
12/01/2023 | 3.64 | 3.64 | 3.64 | 3.64 | 14,000 |
3.64 | 3.64 | 3.64 | 3.64 | 10,000 |
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Vanachai Group Trading Date Momentum on December 1, 2023
On December 04 2023 Vanachai Group Public was traded for 3.64 at the closing time. The maximum traded price for the trading interval was 3.64 and the lowest daily price was 3.64 . The daily volume was recorded at 10 K. The volume of trading on 4th of December 2023 did not result in any price rise and fall. The trading price change to the closing price today is 0.55% . |
Vanachai Group Public Fundamentals Correlations and Trends
By evaluating Vanachai Group'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 Vanachai Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Vanachai financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Vanachai Group Stock history
Vanachai Group 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 Vanachai is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Vanachai Group 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 Vanachai Group stock prices may prove useful in developing a viable investing in Vanachai Group
Vanachai Group Public Company Limited, together with its subsidiaries, produces and distributes wood plates, MDF boards, particle boards, doorskin, and melamine on wood plates in Thailand and internationally. Vanachai Group Public Company Limited is a subsidiary of Vanachai Group of Companies Co., Ltd. VANACHAI GROUP operates under Lumber Wood Production classification in Thailand and is traded on Stock Exchange of Thailand.
Vanachai Group Stock Technical Analysis
Vanachai Group 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
Vanachai Group Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Vanachai Group 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.
Vanachai Group December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Vanachai Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Vanachai Group shares will generate the highest return on investment. By undertsting and applying Vanachai Group stock market strength indicators, traders can identify Vanachai Group Public entry and exit signals to maximize returns
Vanachai Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Vanachai Group's price direction in advance. Along with the technical and fundamental analysis of Vanachai Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Vanachai 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 | (0.12) | |||
Jensen Alpha | (0.24) | |||
Total Risk Alpha | (0.35) | |||
Treynor Ratio | (0.54) |
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Other Information on Investing in Vanachai Stock
Vanachai Group financial ratios help investors to determine whether Vanachai 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 Vanachai with respect to the benefits of owning Vanachai Group security.