Dimet Public (Thailand) Price on February 16, 2024
DIMET Stock | THB 0.23 0.01 4.17% |
If you're considering investing in Dimet Stock, it is important to understand the factors that can impact its price. As of today, the current price of Dimet Public stands at 0.23, as last reported on the 4th of December, with the highest price reaching 0.25 and the lowest price hitting 0.22 during the day. Dimet Public secures Sharpe Ratio (or Efficiency) of -0.043, which denotes the company had a -0.043% return per unit of risk over the last 3 months. Dimet Public exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dimet Public's Downside Deviation of 4.67, mean deviation of 1.34, and Coefficient Of Variation of 2619.88 to check the risk estimate we provide.
Dimet Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Dimet |
Sharpe Ratio = -0.043
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | DIMET |
Estimated Market Risk
2.45 actual daily | 21 79% of assets are more volatile |
Expected Return
-0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Dimet 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 Dimet Public by adding Dimet Public to a well-diversified portfolio.
Dimet Public Valuation on February 16, 2024
It is possible to determine the worth of Dimet Public on a given historical date. On February 16, 2024 Dimet was worth 0.27 at the beginning of the trading date compared to the closed value of 0.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dimet Public stock. Still, in general, we apply an absolute valuation method to find Dimet 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 Dimet Public where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dimet Public's related companies.
Open | High | Low | Close | Volume | |
0.26 | 0.27 | 0.25 | 0.27 | 2,285,200 | |
02/16/2024 | 0.27 | 0.27 | 0.25 | 0.25 | 165,500 |
0.26 | 0.26 | 0.25 | 0.26 | 3,330,400 |
Backtest Dimet Public | | | Dimet Public History | | | Dimet Public Valuation | Previous | Next |
Dimet Public Trading Date Momentum on February 16, 2024
On February 19 2024 Dimet Public was traded for 0.26 at the closing time. The highest price during the trading period was 0.26 and the lowest recorded bid was listed for 0.25 . The volume for the day was 3.3 M. This history from February 19, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 4.00% . The overall trading delta to the current price is 0.00% . |
Dimet Public Fundamentals Correlations and Trends
By evaluating Dimet 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 Dimet Public's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dimet financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Dimet Public Stock history
Dimet 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 Dimet is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dimet 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 Dimet Public stock prices may prove useful in developing a viable investing in Dimet Public
Dimet Public Company Limited manufactures, distributes, and sells coating products in Thailand. Dimet Public Company Limited was founded in 1982 and is based in Muang, Thailand. DIMET PUBLIC is traded on Stock Exchange of Thailand in Thailand.
Dimet Public Stock Technical Analysis
Dimet 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
Dimet Public Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Dimet 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.
Dimet Public December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Dimet 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 Dimet Public shares will generate the highest return on investment. By undertsting and applying Dimet Public stock market strength indicators, traders can identify Dimet Public entry and exit signals to maximize returns
Dimet Public Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dimet Public's price direction in advance. Along with the technical and fundamental analysis of Dimet Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dimet 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 | 0.0363 | |||
Jensen Alpha | 0.0539 | |||
Total Risk Alpha | (0.27) | |||
Sortino Ratio | (0) | |||
Treynor Ratio | 0.2491 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Dimet Stock analysis
When running Dimet Public's price analysis, check to measure Dimet Public'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 Dimet Public is operating at the current time. Most of Dimet Public's value examination focuses on studying past and present price action to predict the probability of Dimet Public's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dimet Public's price. Additionally, you may evaluate how the addition of Dimet Public to your portfolios can decrease your overall portfolio volatility.
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing |