Applicad Public (Thailand) Price on January 3, 2024

APP Stock  THB 1.58  0.07  4.24%   
If you're considering investing in Applicad Stock, it is important to understand the factors that can impact its price. As of today, the current price of Applicad Public stands at 1.58, as last reported on the 24th of December, with the highest price reaching 1.65 and the lowest price hitting 1.55 during the day. Applicad Public secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% return per unit of risk over the last 3 months. Applicad Public exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Applicad Public's Mean Deviation of 2.75, risk adjusted performance of 0.045, and Downside Deviation of 2.92 to double-check the risk estimate we provide.
  
Applicad Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1195

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Estimated Market Risk

 3.26
  actual daily
29
71% of assets are more volatile

Expected Return

 -0.39
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.12
  actual daily
0
Most of other assets perform better
Based on monthly moving average Applicad Public 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 Applicad Public by adding Applicad Public to a well-diversified portfolio.

Applicad Public Valuation on January 3, 2024

It is possible to determine the worth of Applicad Public on a given historical date. On January 3, 2024 Applicad was worth 2.54 at the beginning of the trading date compared to the closed value of 2.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Applicad Public stock. Still, in general, we apply an absolute valuation method to find Applicad Public'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 Applicad Public where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Applicad Public's related companies.
 Open High Low Close Volume
  2.49    2.56    2.49    2.56    175,007  
01/03/2024
  2.54    2.56    2.50    2.54    59,810  
  2.56    2.58    2.49    2.58    182,510  
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Open Value
2.54
2.54
Closing Value
12.33
Upside

Applicad Public Trading Date Momentum on January 3, 2024

On January 04 2024 Applicad Public was traded for  2.58  at the closing time. The maximum traded price for the trading interval was 2.58  and the lowest daily price was  2.49 . The daily volume was recorded at 182.5 K. The volume of trading on 4th of January 2024 played a part in the next trading day price upswing. The overall trading delta to the next closing price was 1.57% . The overall trading delta to the closing price today is 0.00% .

Applicad Public Fundamentals Correlations and Trends

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

About Applicad Public Stock history

Applicad Public 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 Applicad is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Applicad 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 Applicad Public stock prices may prove useful in developing a viable investing in Applicad Public
Applicad Public Company Limited sells computer programs and provides maintenance services for computer programs. In addition, the company distributes AutoCAD drawing, 3D pipe drawing, and 3D software in industrial design. APPLICAD PUBLIC operates under SoftwareApplication classification in Thailand and is traded on Stock Exchange of Thailand.

Applicad Public Stock Technical Analysis

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

Applicad Public Period Price Range

Low
December 24, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Applicad 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.

Applicad Public December 24, 2024 Market Strength

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

Applicad Public Technical and Predictive Indicators

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

Applicad Public financial ratios help investors to determine whether Applicad 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 Applicad with respect to the benefits of owning Applicad Public security.