Firetrade Engineering (Thailand) Price on November 21, 2024
| FTE Stock | THB 1.54 0.01 0.65% |
If you're considering investing in Firetrade Stock, it is important to understand the factors that can impact its price. As of today, the current price of Firetrade Engineering stands at 1.54, as last reported on the 27th of December, with the highest price reaching 1.54 and the lowest price hitting 1.53 during the day. As of now, Firetrade Stock is moderately volatile. Firetrade Engineering secures Sharpe Ratio (or Efficiency) of 0.0563, which denotes the company had a 0.0563% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Firetrade Engineering Public, which you can use to evaluate the volatility of the firm. Please confirm Firetrade Engineering's Downside Deviation of 1.14, mean deviation of 0.8002, and Coefficient Of Variation of 1206.82 to check if the risk estimate we provide is consistent with the expected return of 0.0596%.
Firetrade Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Firetrade |
Sharpe Ratio = 0.0563
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Estimated Market Risk
| 1.06 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Firetrade Engineering is performing at about 4% 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 Firetrade Engineering by adding it to a well-diversified portfolio.
Firetrade Engineering Valuation on November 21, 2024
It is possible to determine the worth of Firetrade Engineering on a given historical date. On November 21, 2024 Firetrade was worth 1.55 at the beginning of the trading date compared to the closed value of 1.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Firetrade Engineering stock. Still, in general, we apply an absolute valuation method to find Firetrade Engineering'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 Firetrade Engineering where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Firetrade Engineering's related companies.
| Open | High | Low | Close | Volume | |
| 1.55 | 1.55 | 1.51 | 1.55 | 454,200 | |
11/21/2024 | 1.55 | 1.55 | 1.52 | 1.54 | 174,068 |
| 1.52 | 1.59 | 1.51 | 1.54 | 498,756 |
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Firetrade Engineering Trading Date Momentum on November 21, 2024
| On November 22 2024 Firetrade Engineering Public was traded for 1.54 at the closing time. The maximum traded price for the trading interval was 1.59 and the lowest daily price was 1.51 . The daily volume was recorded at 498.8 K. The volume of trading on 22nd of November 2024 did not affect price variability. The overall trading delta to the closing price today is 1.95% . |
Firetrade Engineering Fundamentals Correlations and Trends
By evaluating Firetrade Engineering'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 Firetrade Engineering's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Firetrade financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Firetrade Engineering Stock history
Firetrade Engineering 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 Firetrade is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Firetrade Engineering 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 Firetrade Engineering stock prices may prove useful in developing a viable investing in Firetrade Engineering
Firetrade Engineering Public Company Limited designs, sells, installs, repairs, and maintains fire protection equipment and systems in Thailand. Firetrade Engineering Public Company Limited was founded in 1999 and is headquartered in Bangkok, Thailand. FIRETRADE ENGINEERING operates under Security Protection Services classification in Thailand and is traded on Stock Exchange of Thailand.
Firetrade Engineering Stock Technical Analysis
Firetrade Engineering 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
Firetrade Engineering Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Firetrade Engineering 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.
Firetrade Engineering December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Firetrade Engineering stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Firetrade Engineering shares will generate the highest return on investment. By undertsting and applying Firetrade Engineering stock market strength indicators, traders can identify Firetrade Engineering Public entry and exit signals to maximize returns
Firetrade Engineering Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Firetrade Engineering's price direction in advance. Along with the technical and fundamental analysis of Firetrade Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Firetrade 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 | 0.0682 | |||
| Jensen Alpha | 0.0679 | |||
| Total Risk Alpha | 0.0195 | |||
| Sortino Ratio | 0.0288 | |||
| Treynor Ratio | 0.3974 |
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Other Information on Investing in Firetrade Stock
Firetrade Engineering financial ratios help investors to determine whether Firetrade 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 Firetrade with respect to the benefits of owning Firetrade Engineering security.