Chememan Public (Thailand) Price on March 21, 2023
CMAN Stock | THB 2.24 0.02 0.90% |
If you're considering investing in Chememan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Chememan Public stands at 2.24, as last reported on the 15th of December 2024, with the highest price reaching 2.24 and the lowest price hitting 2.18 during the day. Chememan Public secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% return per unit of standard deviation over the last 3 months. Chememan Public exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Chememan Public's risk adjusted performance of (0.11), and Mean Deviation of 1.27 to double-check the risk estimate we provide.
Chememan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Chememan |
Sharpe Ratio = -0.1162
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Estimated Market Risk
1.53 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.18 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 Chememan 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 Chememan Public by adding Chememan Public to a well-diversified portfolio.
Chememan Public Valuation on March 21, 2023
It is possible to determine the worth of Chememan Public on a given historical date. On March 21, 2023 Chememan was worth 2.14 at the beginning of the trading date compared to the closed value of 2.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chememan Public stock. Still, in general, we apply an absolute valuation method to find Chememan 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 Chememan Public where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chememan Public's related companies.
Open | High | Low | Close | Volume | |
2.14 | 2.16 | 2.09 | 2.14 | 1,613,614 | |
03/21/2023 | 2.14 | 2.18 | 2.11 | 2.18 | 1,198,202 |
2.14 | 2.20 | 2.14 | 2.16 | 940,513 |
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Chememan Public Trading Date Momentum on March 21, 2023
On March 22 2023 Chememan Public was traded for 2.16 at the closing time. The highest price during the trading period was 2.20 and the lowest recorded bid was listed for 2.14 . The volume for the day was 940.5 K. This history from March 22, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.92% . The overall trading delta to the current price is 3.67% . |
Chememan Public Fundamentals Correlations and Trends
By evaluating Chememan 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 Chememan Public's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Chememan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Chememan Public Stock history
Chememan 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 Chememan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chememan 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 Chememan Public stock prices may prove useful in developing a viable investing in Chememan Public
Chememan Public Company Limited manufactures and distributes mineral lime and chemical products in Thailand. The company was incorporated in 2003 and is headquartered in Bangkok, Thailand. CHEMEMAN PUBLIC operates under Specialty Chemicals classification in Thailand and is traded on Stock Exchange of Thailand.
Chememan Public Stock Technical Analysis
Chememan 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.
Price Boundaries
Chememan Public Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Chememan 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.
Chememan Public December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Chememan 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 Chememan Public shares will generate the highest return on investment. By undertsting and applying Chememan Public stock market strength indicators, traders can identify Chememan Public entry and exit signals to maximize returns
Chememan Public Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Chememan Public's price direction in advance. Along with the technical and fundamental analysis of Chememan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chememan 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 | (0.11) | |||
Jensen Alpha | (0.27) | |||
Total Risk Alpha | (0.48) | |||
Treynor Ratio | 1.88 |
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Other Information on Investing in Chememan Stock
Chememan Public financial ratios help investors to determine whether Chememan 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 Chememan with respect to the benefits of owning Chememan Public security.