Diamond Building (Thailand) Price on September 18, 2024

DRT Stock  THB 7.70  0.10  1.32%   
If you're considering investing in Diamond Stock, it is important to understand the factors that can impact its price. As of today, the current price of Diamond Building stands at 7.70, as last reported on the 10th of December, with the highest price reaching 7.70 and the lowest price hitting 7.60 during the day. Diamond Building Products secures Sharpe Ratio (or Efficiency) of -0.0587, which denotes the company had a -0.0587% return per unit of standard deviation over the last 3 months. Diamond Building Products exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Diamond Building's Mean Deviation of 0.467, standard deviation of 0.6673, and Coefficient Of Variation of (1,704) to check the risk estimate we provide.
  
Diamond Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0587

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Estimated Market Risk

 0.67
  actual daily
5
95% of assets are more volatile

Expected Return

 -0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average Diamond Building 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 Diamond Building by adding Diamond Building to a well-diversified portfolio.

Diamond Building Valuation on September 18, 2024

It is possible to determine the worth of Diamond Building on a given historical date. On September 18, 2024 Diamond was worth 8.0 at the beginning of the trading date compared to the closed value of 8.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Diamond Building stock. Still, in general, we apply an absolute valuation method to find Diamond Building'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 Diamond Building where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Diamond Building's related companies.
 Open High Low Close Volume
  7.95    8.05    7.90    7.90    521,809  
09/18/2024
  8.00    8.05    7.95    8.05    253,391  
  8.05    8.05    8.00    8.05    146,025  
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Open Value
8.0
8.05
Closing Value
10.00
Upside

Diamond Building Trading Date Momentum on September 18, 2024

On September 19 2024 Diamond Building Products was traded for  8.05  at the closing time. The maximum traded price for the trading interval was 8.05  and the lowest daily price was  8.00 . The daily volume was recorded at 146 K. The volume of trading on 19th of September 2024 did not affect price variability. The overall trading delta to the closing price today is 0.62% .

Diamond Building Products Fundamentals Correlations and Trends

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

About Diamond Building Stock history

Diamond Building 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 Diamond is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Diamond Building Products 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 Diamond Building stock prices may prove useful in developing a viable investing in Diamond Building
Diamond Building Products Public Company Limited, together with its subsidiaries, manufactures and distributes roof tiles, artificial woods, and autoclaved aerated concrete products in Thailand and internationally. Diamond Building Products Public Company Limited is a subsidiary of Myriad Materials Co., Ltd. DIAMOND BUILDING operates under Building Materials classification in Thailand and is traded on Stock Exchange of Thailand.

Diamond Building Stock Technical Analysis

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

Diamond Building Period Price Range

Low
December 10, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Diamond Building Products 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.

Diamond Building December 10, 2024 Market Strength

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

Diamond Building Technical and Predictive Indicators

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

Diamond Building financial ratios help investors to determine whether Diamond 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 Diamond with respect to the benefits of owning Diamond Building security.