Globlex Holding (Thailand) Price on July 3, 2024

GBX Stock  THB 0.66  0.01  1.49%   
If you're considering investing in Globlex Stock, it is important to understand the factors that can impact its price. As of today, the current price of Globlex Holding stands at 0.66, as last reported on the 26th of December, with the highest price reaching 0.66 and the lowest price hitting 0.66 during the day. Globlex Holding Mana holds Efficiency (Sharpe) Ratio of -0.14, which attests that the entity had a -0.14% return per unit of risk over the last 3 months. Globlex Holding Mana exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Globlex Holding's Standard Deviation of 1.56, risk adjusted performance of (0.11), and Market Risk Adjusted Performance of (2.07) to validate the risk estimate we provide.
  
Globlex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1372

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Estimated Market Risk

 1.62
  actual daily
14
86% of assets are more volatile

Expected Return

 -0.22
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.14
  actual daily
0
Most of other assets perform better
Based on monthly moving average Globlex Holding 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 Globlex Holding by adding Globlex Holding to a well-diversified portfolio.

Globlex Holding Valuation on July 3, 2024

It is possible to determine the worth of Globlex Holding on a given historical date. On July 3, 2024 Globlex was worth 0.68 at the beginning of the trading date compared to the closed value of 0.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Globlex Holding stock. Still, in general, we apply an absolute valuation method to find Globlex Holding'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 Globlex Holding where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Globlex Holding's related companies.
 Open High Low Close Volume
  0.68    0.69    0.68    0.68    84,814  
07/03/2024
  0.68    0.69    0.67    0.67    131,359  
  0.67    0.69    0.67    0.68    74,600  
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Open Value
0.68
0.67
Closing Value
5.53
Upside

Globlex Holding Trading Date Momentum on July 3, 2024

On July 04 2024 Globlex Holding Management was traded for  0.68  at the closing time. The maximum traded price for the trading interval was 0.69  and the lowest daily price was  0.67 . The daily volume was recorded at 74.6 K. The volume of trading on 4th of July 2024 played a part in the next trading day price upswing. The overall trading delta to the next closing price was 1.49% . The overall trading delta to the closing price today is 4.48% .

Globlex Holding Mana Fundamentals Correlations and Trends

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

About Globlex Holding Stock history

Globlex Holding 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 Globlex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Globlex Holding Mana 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 Globlex Holding stock prices may prove useful in developing a viable investing in Globlex Holding
Globlex Holding Management Public Company Limited, an investment holding company, engages in gold trading business in Thailand. The company was founded in 2003 and is based in Bangkok, Thailand. GLOBLEX HOLDING operates under Capital Markets classification in Thailand and is traded on Stock Exchange of Thailand.

Globlex Holding Stock Technical Analysis

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

Globlex Holding Period Price Range

Low
December 26, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Globlex Holding Management 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.

Globlex Holding December 26, 2024 Market Strength

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

Globlex Holding Technical and Predictive Indicators

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

Globlex Holding financial ratios help investors to determine whether Globlex 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 Globlex with respect to the benefits of owning Globlex Holding security.