Indara Insurance (Thailand) Price on October 16, 2024
INSURE Stock | THB 79.00 2.00 2.60% |
If you're considering investing in Indara Stock, it is important to understand the factors that can impact its price. As of today, the current price of Indara Insurance stands at 79.00, as last reported on the 14th of December 2024, with the highest price reaching 80.00 and the lowest price hitting 78.00 during the day. Indara Insurance Public holds Efficiency (Sharpe) Ratio of -0.0516, which attests that the entity had a -0.0516% return per unit of risk over the last 3 months. Indara Insurance Public exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Indara Insurance's Standard Deviation of 2.84, market risk adjusted performance of (1.36), and Risk Adjusted Performance of (0.03) to validate the risk estimate we provide.
Indara Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Indara |
Sharpe Ratio = -0.0516
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Estimated Market Risk
2.95 actual daily | 26 74% of assets are more volatile |
Expected Return
-0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Indara Insurance 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 Indara Insurance by adding Indara Insurance to a well-diversified portfolio.
Indara Insurance Valuation on October 16, 2024
It is possible to determine the worth of Indara Insurance on a given historical date. On October 16, 2024 Indara was worth 92.5 at the beginning of the trading date compared to the closed value of 92.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Indara Insurance stock. Still, in general, we apply an absolute valuation method to find Indara Insurance'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 Indara Insurance where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Indara Insurance's related companies.
Open | High | Low | Close | Volume | |
92.50 | 92.50 | 92.50 | 92.50 | 3,620 | |
10/16/2024 | 92.50 | 92.50 | 92.50 | 92.50 | 1.00 |
93.50 | 93.50 | 93.00 | 93.00 | 3,700 |
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Indara Insurance Trading Date Momentum on October 16, 2024
On October 17 2024 Indara Insurance Public was traded for 93.00 at the closing time. The highest price during the trading period was 93.50 and the lowest recorded bid was listed for 93.00 . The volume for the day was 3.7 K. This history from October 17, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 0.54% . The trading delta at closing time to the current price is 9.19% . |
Indara Insurance Public Fundamentals Correlations and Trends
By evaluating Indara Insurance'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 Indara Insurance's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Indara financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Indara Insurance Stock history
Indara Insurance 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 Indara is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Indara Insurance 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 Indara Insurance stock prices may prove useful in developing a viable investing in Indara Insurance
Indara Insurance Public Company Limited primarily provides non-life insurance services in Thailand. Indara Insurance Public Company Limited is a subsidiary of T.C.C. INDARA INSURANCE operates under Insurance - Property Casualty classification in Thailand and is traded on Stock Exchange of Thailand.
Indara Insurance Stock Technical Analysis
Indara Insurance 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
Indara Insurance Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Indara Insurance 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.
Indara Insurance December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Indara Insurance stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Indara Insurance shares will generate the highest return on investment. By undertsting and applying Indara Insurance stock market strength indicators, traders can identify Indara Insurance Public entry and exit signals to maximize returns
Indara Insurance Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Indara Insurance's price direction in advance. Along with the technical and fundamental analysis of Indara Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Indara 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 | (0.03) | |||
Jensen Alpha | (0.17) | |||
Total Risk Alpha | (0.51) | |||
Treynor Ratio | (1.37) |
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Volume Indicators |
Complementary Tools for Indara Stock analysis
When running Indara Insurance's price analysis, check to measure Indara Insurance'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 Indara Insurance is operating at the current time. Most of Indara Insurance's value examination focuses on studying past and present price action to predict the probability of Indara Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Indara Insurance's price. Additionally, you may evaluate how the addition of Indara Insurance to your portfolios can decrease your overall portfolio volatility.
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