Forth Smart (Thailand) Price on May 23, 2024
| FSMART Stock | THB 8.20 0.20 2.38% |
If you're considering investing in Forth Stock, it is important to understand the factors that can impact its price. As of today, the current price of Forth Smart stands at 8.20, as last reported on the 12th of December 2024, with the highest price reaching 8.60 and the lowest price hitting 8.10 during the day. Forth Smart appears to be moderately volatile, given 3 months investment horizon. Forth Smart Service secures Sharpe Ratio (or Efficiency) of 0.0927, which denotes the company had a 0.0927% return per unit of risk over the last 3 months. We have found thirty technical indicators for Forth Smart Service, which you can use to evaluate the volatility of the firm. Please utilize Forth Smart's Coefficient Of Variation of 1242.43, mean deviation of 2.8, and Downside Deviation of 2.97 to check if our risk estimates are consistent with your expectations.
Forth Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Forth |
Sharpe Ratio = 0.0927
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| Small Returns | FSMART | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.4 actual daily | 39 61% of assets are more volatile |
Expected Return
| 0.41 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Forth Smart is performing at about 7% of its full potential. 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 Forth Smart by adding it to a well-diversified portfolio.
Forth Smart Valuation on May 23, 2024
It is possible to determine the worth of Forth Smart on a given historical date. On May 23, 2024 Forth was worth 6.12 at the beginning of the trading date compared to the closed value of 6.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Forth Smart stock. Still, in general, we apply an absolute valuation method to find Forth Smart'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 Forth Smart where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Forth Smart's related companies.
| Open | High | Low | Close | Volume | |
| 6.07 | 6.26 | 6.02 | 6.12 | 2,856,953 | |
05/23/2024 | 6.12 | 6.26 | 6.07 | 6.26 | 2,116,118 |
| 6.17 | 6.31 | 6.02 | 6.26 | 1,647,848 |
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Forth Smart Trading Date Momentum on May 23, 2024
| On May 24 2024 Forth Smart Service was traded for 6.26 at the closing time. The highest price during the trading period was 6.31 and the lowest recorded bid was listed for 6.02 . The volume for the day was 1.6 M. This history from May 24, 2024 did not affect price variability. The overall trading delta to the current price is 5.27% . |
Forth Smart Service Fundamentals Correlations and Trends
By evaluating Forth Smart'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 Forth Smart's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Forth financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Forth Smart Stock history
Forth Smart 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 Forth is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Forth Smart Service 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 Forth Smart stock prices may prove useful in developing a viable investing in Forth Smart
Forth Smart Service Public Company Limited, together with its subsidiaries, provides various top-up services for prepaid phones in Thailand. Forth Smart Service Public Company Limited was founded in 2008 and is based in Bangkok, Thailand. FORTH SMART is traded on Stock Exchange of Thailand in Thailand.
Forth Smart Stock Technical Analysis
Forth Smart 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
Forth Smart Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Forth Smart Service 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.
Forth Smart December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Forth Smart stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Forth Smart shares will generate the highest return on investment. By undertsting and applying Forth Smart stock market strength indicators, traders can identify Forth Smart Service entry and exit signals to maximize returns
Forth Smart Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Forth Smart's price direction in advance. Along with the technical and fundamental analysis of Forth Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Forth 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 | 0.0665 | |||
| Jensen Alpha | 0.3181 | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | 0.075 | |||
| Treynor Ratio | 2.05 |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Forth Stock analysis
When running Forth Smart's price analysis, check to measure Forth Smart'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 Forth Smart is operating at the current time. Most of Forth Smart's value examination focuses on studying past and present price action to predict the probability of Forth Smart's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forth Smart's price. Additionally, you may evaluate how the addition of Forth Smart to your portfolios can decrease your overall portfolio volatility.
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