WICE Logistics (Thailand) Price on November 27, 2024
WICE Stock | THB 4.12 0.12 2.83% |
If you're considering investing in WICE Stock, it is important to understand the factors that can impact its price. As of today, the current price of WICE Logistics stands at 4.12, as last reported on the 15th of December 2024, with the highest price reaching 4.24 and the lowest price hitting 4.10 during the day. WICE Logistics PCL retains Efficiency (Sharpe Ratio) of -0.24, which attests that the company had a -0.24% return per unit of volatility over the last 3 months. WICE Logistics exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out WICE Logistics' Mean Deviation of 2.02, information ratio of (0.22), and Market Risk Adjusted Performance of 29.15 to validate the risk estimate we provide.
WICE Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
WICE |
Sharpe Ratio = -0.243
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Estimated Market Risk
2.67 actual daily | 23 77% of assets are more volatile |
Expected Return
-0.65 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.24 actual daily | 0 Most of other assets perform better |
Based on monthly moving average WICE Logistics 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 WICE Logistics by adding WICE Logistics to a well-diversified portfolio.
WICE Logistics Valuation on November 27, 2024
It is possible to determine the worth of WICE Logistics on a given historical date. On November 27, 2024 WICE was worth 4.92 at the beginning of the trading date compared to the closed value of 4.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of WICE Logistics stock. Still, in general, we apply an absolute valuation method to find WICE Logistics' 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 WICE Logistics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against WICE Logistics' related companies.
Open | High | Low | Close | Volume | |
4.92 | 4.96 | 4.90 | 4.92 | 756,208 | |
11/27/2024 | 4.92 | 4.94 | 4.80 | 4.80 | 492,133 |
4.78 | 4.78 | 4.58 | 4.60 | 1,248,722 |
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WICE Logistics Trading Date Momentum on November 27, 2024
On November 28 2024 WICE Logistics PCL was traded for 4.60 at the closing time. The highest price during the trading period was 4.78 and the lowest recorded bid was listed for 4.58 . The volume for the day was 1.2 M. This history from November 28, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 4.17% . The trading price change to the current price is 4.58% . |
WICE Logistics PCL Fundamentals Correlations and Trends
By evaluating WICE Logistics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among WICE Logistics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. WICE financial account trend analysis is a perfect complement when working with valuation or volatility modules.About WICE Logistics Stock history
WICE Logistics 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 WICE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in WICE Logistics PCL 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 WICE Logistics stock prices may prove useful in developing a viable investing in WICE Logistics
Wice Logistics Public Company Limited provides air and sea freight forwarding, customs brokerage, inland transportation, cross-border and multimodal transportation, warehousing, and various freight related services for imports and exports in Thailand and internationally. Wice Logistics Public Company Limited was founded in 1993 and is headquartered in Bangkok, Thailand. WICE LOGISTICS operates under Integrated Freight Logistics classification in Thailand and is traded on Stock Exchange of Thailand.
WICE Logistics Stock Technical Analysis
WICE Logistics 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
WICE Logistics Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
WICE Logistics PCL 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.
WICE Logistics December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how WICE Logistics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading WICE Logistics shares will generate the highest return on investment. By undertsting and applying WICE Logistics stock market strength indicators, traders can identify WICE Logistics PCL entry and exit signals to maximize returns
WICE Logistics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for WICE Logistics' price direction in advance. Along with the technical and fundamental analysis of WICE Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of WICE 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 | (0.13) | |||
Jensen Alpha | (0.51) | |||
Total Risk Alpha | (0.86) | |||
Treynor Ratio | 29.14 |
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Other Information on Investing in WICE Stock
WICE Logistics financial ratios help investors to determine whether WICE 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 WICE with respect to the benefits of owning WICE Logistics security.