CIMB Thai (Thailand) Price on December 15, 2024

CIMBT Stock  THB 0.48  0.01  2.13%   
If you're considering investing in CIMB Stock, it is important to understand the factors that can impact its price. As of today, the current price of CIMB Thai stands at 0.48, as last reported on the 15th of December 2024, with the highest price reaching 0.48 and the lowest price hitting 0.46 during the day. CIMB Thai Bank secures Sharpe Ratio (or Efficiency) of -0.0735, which signifies that the company had a -0.0735% return per unit of risk over the last 3 months. CIMB Thai Bank exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CIMB Thai's risk adjusted performance of (0.04), and Mean Deviation of 1.08 to double-check the risk estimate we provide.
  
CIMB Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0735

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsCIMBT

Estimated Market Risk

 1.59
  actual daily
14
86% of assets are more volatile

Expected Return

 -0.12
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average CIMB Thai 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 CIMB Thai by adding CIMB Thai to a well-diversified portfolio.

CIMB Thai Valuation on December 15, 2024

It is possible to determine the worth of CIMB Thai on a given historical date. On December 15, 2024 CIMB was worth 0.48 at the beginning of the trading date compared to the closed value of 0.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CIMB Thai stock. Still, in general, we apply an absolute valuation method to find CIMB Thai'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 CIMB Thai where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CIMB Thai's related companies.
 Open High Low Close Volume
  0.48    0.48    0.46    0.48    1,012,991  
12/15/2024
  0.48    0.48    0.46    0.48    0.00  
Backtest CIMB Thai  |  CIMB Thai History  |  CIMB Thai Valuation   Previous
Open Value
0.48
0.48
Closing Value
5.24
Upside

CIMB Thai Trading Date Momentum on December 15, 2024

On December 15 2024 CIMB Thai Bank was traded for  0.48  at the closing time. The highest price during the trading period was 0.48  and the lowest recorded bid was listed for  0.46 . 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 0.00% .

CIMB Thai Bank Fundamentals Correlations and Trends

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

About CIMB Thai Stock history

CIMB Thai 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 CIMB is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CIMB Thai Bank 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 CIMB Thai stock prices may prove useful in developing a viable investing in CIMB Thai
CIMB Thai Bank Public Company Limited provides various banking and financial products and services to individuals and commercial customers in Thailand. CIMB Thai Bank Public Company Limited is a subsidiary of CIMB Bank Berhad. CIMB THAI operates under Banks - Regional - Asia classification in Thailand and is traded on Stock Exchange of Thailand.

CIMB Thai Stock Technical Analysis

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

CIMB Thai Period Price Range

Low
December 15, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

CIMB Thai Bank 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.

CIMB Thai December 15, 2024 Market Strength

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

CIMB Thai Technical and Predictive Indicators

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

Complementary Tools for CIMB Stock analysis

When running CIMB Thai's price analysis, check to measure CIMB Thai'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 CIMB Thai is operating at the current time. Most of CIMB Thai's value examination focuses on studying past and present price action to predict the probability of CIMB Thai's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CIMB Thai's price. Additionally, you may evaluate how the addition of CIMB Thai to your portfolios can decrease your overall portfolio volatility.
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios