ABSOLUTE CLEAN (Thailand) Price on November 29, 2024
ACE-R Stock | THB 1.36 0.06 4.62% |
If you're considering investing in ABSOLUTE Stock, it is important to understand the factors that can impact its price. As of today, the current price of ABSOLUTE CLEAN stands at 1.36, as last reported on the 30th of November, with the highest price reaching 1.36 and the lowest price hitting 1.29 during the day. ABSOLUTE CLEAN ENERGY secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the company had a -0.11% return per unit of risk over the last 3 months. ABSOLUTE CLEAN ENERGY exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ABSOLUTE CLEAN's Coefficient Of Variation of (944.32), mean deviation of 0.9288, and Variance of 14.33 to double-check the risk estimate we provide.
ABSOLUTE Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ABSOLUTE |
Sharpe Ratio = -0.1084
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Estimated Market Risk
3.88 actual daily | 34 66% of assets are more volatile |
Expected Return
-0.42 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ABSOLUTE CLEAN 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 ABSOLUTE CLEAN by adding ABSOLUTE CLEAN to a well-diversified portfolio.
ABSOLUTE CLEAN Valuation on November 29, 2024
It is possible to determine the worth of ABSOLUTE CLEAN on a given historical date. On November 29, 2024 ABSOLUTE was worth 1.3 at the beginning of the trading date compared to the closed value of 1.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ABSOLUTE CLEAN stock. Still, in general, we apply an absolute valuation method to find ABSOLUTE CLEAN'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 ABSOLUTE CLEAN where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ABSOLUTE CLEAN's related companies.
Open | High | Low | Close | Volume | |
1.30 | 1.30 | 1.29 | 1.30 | 36,500 | |
11/29/2024 | 1.30 | 1.36 | 1.29 | 1.36 | 4,193,900 |
Backtest ABSOLUTE CLEAN | | | ABSOLUTE CLEAN History | | | ABSOLUTE CLEAN Valuation | Previous |
ABSOLUTE CLEAN Trading Date Momentum on November 29, 2024
On November 29 2024 ABSOLUTE CLEAN ENERGY was traded for 1.36 at the closing time. The highest price during the trading period was 1.36 and the lowest recorded bid was listed for 1.29 . The volume for the day was 4.2 M. This history from November 29, 2024 did not affect price variability. The overall trading delta to the current price is 4.41% . |
ABSOLUTE CLEAN ENERGY Fundamentals Correlations and Trends
By evaluating ABSOLUTE CLEAN'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 ABSOLUTE CLEAN's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ABSOLUTE financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ABSOLUTE CLEAN Stock history
ABSOLUTE CLEAN 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 ABSOLUTE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ABSOLUTE CLEAN 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 ABSOLUTE CLEAN stock prices may prove useful in developing a viable investing in ABSOLUTE CLEAN
Absolute Clean Energy Public Company Limited, together with its subsidiaries, operates biomass, municipal solid waste, natural gas, and solar energy power plants in Thailand. The company was founded in 2015 and is headquartered in Bangkok, Thailand. ABSOLUTE CLEAN is traded on Stock Exchange of Thailand in Thailand.
ABSOLUTE CLEAN Stock Technical Analysis
ABSOLUTE CLEAN 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
ABSOLUTE CLEAN Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
ABSOLUTE CLEAN 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.
ABSOLUTE CLEAN November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how ABSOLUTE CLEAN stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ABSOLUTE CLEAN shares will generate the highest return on investment. By undertsting and applying ABSOLUTE CLEAN stock market strength indicators, traders can identify ABSOLUTE CLEAN ENERGY entry and exit signals to maximize returns
ABSOLUTE CLEAN Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ABSOLUTE CLEAN's price direction in advance. Along with the technical and fundamental analysis of ABSOLUTE Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ABSOLUTE 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 | (0.07) | |||
Jensen Alpha | (0.44) | |||
Total Risk Alpha | (1.04) | |||
Treynor Ratio | (1.70) |
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Complementary Tools for ABSOLUTE Stock analysis
When running ABSOLUTE CLEAN's price analysis, check to measure ABSOLUTE CLEAN's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ABSOLUTE CLEAN is operating at the current time. Most of ABSOLUTE CLEAN's value examination focuses on studying past and present price action to predict the probability of ABSOLUTE CLEAN's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ABSOLUTE CLEAN's price. Additionally, you may evaluate how the addition of ABSOLUTE CLEAN to your portfolios can decrease your overall portfolio volatility.
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