Chow Steel (Thailand) Price on December 15, 2024
CHOW Stock | THB 1.94 0.02 1.02% |
If you're considering investing in Chow Stock, it is important to understand the factors that can impact its price. As of today, the current price of Chow Steel stands at 1.94, as last reported on the 15th of December 2024, with the highest price reaching 1.96 and the lowest price hitting 1.93 during the day. Chow Steel Industries 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. Chow Steel Industries exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Chow Steel's Risk Adjusted Performance of (0.10), standard deviation of 2.99, and Mean Deviation of 1.72 to double-check the risk estimate we provide.
Chow Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Chow |
Sharpe Ratio = -0.1152
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Estimated Market Risk
3.05 actual daily | 27 73% of assets are more volatile |
Expected Return
-0.35 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 Chow Steel 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 Chow Steel by adding Chow Steel to a well-diversified portfolio.
Chow Steel Valuation on December 15, 2024
It is possible to determine the worth of Chow Steel on a given historical date. On December 15, 2024 Chow was worth 1.96 at the beginning of the trading date compared to the closed value of 1.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chow Steel stock. Still, in general, we apply an absolute valuation method to find Chow Steel'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 Chow Steel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chow Steel's related companies.
Open | High | Low | Close | Volume | |
1.96 | 1.96 | 1.93 | 1.94 | 43,300 | |
12/15/2024 | 1.96 | 1.96 | 1.93 | 1.94 | 0.00 |
Backtest Chow Steel | | | Chow Steel History | | | Chow Steel Valuation | Previous |
Chow Steel Trading Date Momentum on December 15, 2024
On December 15 2024 Chow Steel Industries was traded for 1.94 at the closing time. The highest price during the trading period was 1.96 and the lowest recorded bid was listed for 1.93 . There was no trading activity during the period 0.0. Lack of trading volume on December 15, 2024 did not affect price variability. The overall trading delta to the current price is 1.03% . |
Chow Steel Industries Fundamentals Correlations and Trends
By evaluating Chow Steel'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 Chow Steel's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Chow financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Chow Steel Stock history
Chow Steel 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 Chow is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chow Steel Industries 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 Chow Steel stock prices may prove useful in developing a viable investing in Chow Steel
Chow Steel Industries Public Company Limited produces and sells steel billets in Thailand. The company was founded in 2003 and is headquartered in Bangkok, Thailand. CHOW STEEL operates under Steel classification in Thailand and is traded on Stock Exchange of Thailand.
Chow Steel Stock Technical Analysis
Chow Steel 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
Chow Steel Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Chow Steel Industries 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.
Chow Steel December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Chow Steel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chow Steel shares will generate the highest return on investment. By undertsting and applying Chow Steel stock market strength indicators, traders can identify Chow Steel Industries entry and exit signals to maximize returns
Chow Steel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Chow Steel's price direction in advance. Along with the technical and fundamental analysis of Chow Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chow 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 | (0.10) | |||
Jensen Alpha | (0.40) | |||
Total Risk Alpha | (0.83) | |||
Treynor Ratio | 0.7084 |
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Volume Indicators |
Other Information on Investing in Chow Stock
Chow Steel financial ratios help investors to determine whether Chow 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 Chow with respect to the benefits of owning Chow Steel security.