Finansa Public (Thailand) Price on November 28, 2024
FNS Stock | THB 2.02 0.04 1.94% |
If you're considering investing in Finansa Stock, it is important to understand the factors that can impact its price. As of today, the current price of Finansa Public stands at 2.02, as last reported on the 11th of December 2024, with the highest price reaching 2.04 and the lowest price hitting 2.00 during the day. Finansa Public secures Sharpe Ratio (or Efficiency) of -0.22, which denotes the company had a -0.22% return per unit of risk over the last 3 months. Finansa Public exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Finansa Public's Variance of 2.87, mean deviation of 1.22, and Standard Deviation of 1.69 to check the risk estimate we provide.
Finansa Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Finansa |
Sharpe Ratio = -0.2186
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Estimated Market Risk
1.71 actual daily | 15 85% of assets are more volatile |
Expected Return
-0.37 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.22 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Finansa 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 Finansa Public by adding Finansa Public to a well-diversified portfolio.
Finansa Public Valuation on November 28, 2024
It is possible to determine the worth of Finansa Public on a given historical date. On November 28, 2024 Finansa was worth 2.14 at the beginning of the trading date compared to the closed value of 2.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Finansa Public stock. Still, in general, we apply an absolute valuation method to find Finansa 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 Finansa Public where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Finansa Public's related companies.
Open | High | Low | Close | Volume | |
2.22 | 2.22 | 2.12 | 2.14 | 203,200 | |
11/28/2024 | 2.14 | 2.18 | 2.12 | 2.12 | 85,501 |
2.12 | 2.14 | 2.08 | 2.10 | 57,100 |
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Finansa Public Trading Date Momentum on November 28, 2024
On November 29 2024 Finansa Public was traded for 2.10 at the closing time. The maximum traded price for the trading interval was 2.14 and the lowest daily price was 2.08 . The daily volume was recorded at 57.1 K. The volume of trading on 29th of November 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.94% . The overall trading delta to the closing price today is 5.66% . |
Finansa Public Fundamentals Correlations and Trends
By evaluating Finansa 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 Finansa Public's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Finansa financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Finansa Public Stock history
Finansa 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 Finansa is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Finansa 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 Finansa Public stock prices may prove useful in developing a viable investing in Finansa Public
Finansa Public Company Limited, together with its subsidiaries, engages in the investment, advisory, management, securities, and leasing businesses in Thailand. Finansa Public Company Limited was incorporated in 1989 and is based in Bangkok, Thailand. FINANSA PUBLIC operates under Asset Management classification in Thailand and is traded on Stock Exchange of Thailand.
Finansa Public Stock Technical Analysis
Finansa 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
Finansa Public Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Finansa 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.
Finansa Public December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Finansa 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 Finansa Public shares will generate the highest return on investment. By undertsting and applying Finansa Public stock market strength indicators, traders can identify Finansa Public entry and exit signals to maximize returns
Finansa Public Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Finansa Public's price direction in advance. Along with the technical and fundamental analysis of Finansa Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Finansa 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 | (0.15) | |||
Jensen Alpha | (0.38) | |||
Total Risk Alpha | (0.65) | |||
Treynor Ratio | (7.57) |
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Other Information on Investing in Finansa Stock
Finansa Public financial ratios help investors to determine whether Finansa 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 Finansa with respect to the benefits of owning Finansa Public security.