Triple I (Thailand) Price on January 30, 2023
III Stock | THB 5.15 0.15 3.00% |
If you're considering investing in Triple Stock, it is important to understand the factors that can impact its price. As of today, the current price of Triple I stands at 5.15, as last reported on the 23rd of December, with the highest price reaching 5.15 and the lowest price hitting 5.00 during the day. Triple i Logistics owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.21, which indicates the firm had a -0.21% return per unit of risk over the last 3 months. Triple i Logistics exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Triple I's Risk Adjusted Performance of (0.16), coefficient of variation of (482.46), and Variance of 4.34 to confirm the risk estimate we provide.
Triple Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Triple |
Sharpe Ratio = -0.2073
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | III |
Estimated Market Risk
2.09 actual daily | 18 82% of assets are more volatile |
Expected Return
-0.43 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.21 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Triple I 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 Triple I by adding Triple I to a well-diversified portfolio.
Triple I Valuation on January 30, 2023
It is possible to determine the worth of Triple I on a given historical date. On January 30, 2023 Triple was worth 13.8 at the beginning of the trading date compared to the closed value of 13.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Triple I stock. Still, in general, we apply an absolute valuation method to find Triple I'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 Triple I where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Triple I's related companies.
Open | High | Low | Close | Volume | |
13.89 | 14.26 | 13.89 | 13.89 | 3,546,562 | |
01/30/2023 | 13.80 | 14.08 | 13.80 | 13.99 | 2,718,583 |
13.99 | 13.99 | 13.53 | 13.53 | 4,499,067 |
Backtest Triple I | | | Triple I History | | | Triple I Valuation | Previous | Next |
Triple I Trading Date Momentum on January 30, 2023
On January 31 2023 Triple i Logistics was traded for 13.53 at the closing time. The maximum traded price for the trading interval was 13.99 and the lowest daily price was 13.53 . The daily volume was recorded at 4.5 M. The volume of trading on 31st of January 2023 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 3.29% . The trading price change to the closing price today is 5.29% . |
Triple i Logistics Fundamentals Correlations and Trends
By evaluating Triple I'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 Triple I's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Triple financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Triple I Stock history
Triple I 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 Triple is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Triple i Logistics 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 Triple I stock prices may prove useful in developing a viable investing in Triple I
Triple i Logistics Public Company Limited, together with its subsidiaries, provides domestic and international freight forwarding and integrated logistics services. Triple i Logistics Public Company Limited was incorporated in 2017 and is headquartered in Bangkok, Thailand. TRIPLE I operates under Integrated Freight Logistics classification in Thailand and is traded on Stock Exchange of Thailand.
Triple I Stock Technical Analysis
Triple I 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
Triple I Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Triple i Logistics 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.
Triple I December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Triple I stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Triple I shares will generate the highest return on investment. By undertsting and applying Triple I stock market strength indicators, traders can identify Triple i Logistics entry and exit signals to maximize returns
Triple I Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Triple I's price direction in advance. Along with the technical and fundamental analysis of Triple Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Triple 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 | (0.16) | |||
Jensen Alpha | (0.45) | |||
Total Risk Alpha | (0.50) | |||
Treynor Ratio | (1.26) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Other Information on Investing in Triple Stock
Triple I financial ratios help investors to determine whether Triple 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 Triple with respect to the benefits of owning Triple I security.