Krung Thai (Thailand) Price on June 27, 2024
| KTB-R Stock | THB 20.00 0.20 1.01% |
If you're considering investing in Krung Stock, it is important to understand the factors that can impact its price. As of today, the current price of Krung Thai stands at 20.00, as last reported on the 2nd of December, with the highest price reaching 20.10 and the lowest price hitting 19.70 during the day. At this point, Krung Thai is very steady. Krung Thai Bank has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Krung Thai, which you can use to evaluate the volatility of the firm. Please verify Krung Thai's Mean Deviation of 0.8459, risk adjusted performance of 0.0797, and Downside Deviation of 1.3 to check out if the risk estimate we provide is consistent with the expected return of 0.12%.
Krung Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Krung |
Sharpe Ratio = 0.1061
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | KTB-R | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.15 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Krung Thai is performing at about 8% 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 Krung Thai by adding it to a well-diversified portfolio.
Krung Thai Valuation on June 27, 2024
It is possible to determine the worth of Krung Thai on a given historical date. On June 27, 2024 Krung was worth 17.0 at the beginning of the trading date compared to the closed value of 16.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Krung Thai stock. Still, in general, we apply an absolute valuation method to find Krung Thai'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 Krung Thai where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Krung Thai's related companies.
| Open | High | Low | Close | Volume | |
| 17.10 | 17.20 | 17.00 | 17.00 | 6,210,332 | |
06/27/2024 | 17.00 | 17.10 | 16.90 | 16.90 | 18,158,416 |
| 17.00 | 17.10 | 16.90 | 17.10 | 11,719,000 |
| Backtest Krung Thai | | | Krung Thai History | | | Krung Thai Valuation | Previous | Next |
Krung Thai Trading Date Momentum on June 27, 2024
| On June 28 2024 Krung Thai Bank was traded for 17.10 at the closing time. The highest price during the trading period was 17.10 and the lowest recorded bid was listed for 16.90 . The volume for the day was 11.7 M. This history from June 28, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 1.18% . The trading delta at closing time to the current price is 4.14% . |
Krung Thai Bank Fundamentals Correlations and Trends
By evaluating Krung Thai'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 Krung Thai's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Krung financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Krung Thai Stock history
Krung Thai 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 Krung is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Krung Thai Bank 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 Krung Thai stock prices may prove useful in developing a viable investing in Krung Thai
Krung Thai Bank Public Company Limited provides commercial banking products and services to individuals and corporate customers primarily in Thailand. Krung Thai Bank Public Company Limited is a subsidiary of Financial Institutions Development Fund. KRUNG THAI operates under Banks - Regional - Asia classification in Thailand and is traded on Stock Exchange of Thailand.
Krung Thai Stock Technical Analysis
Krung Thai 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
Krung Thai Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Krung Thai Bank 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.
Krung Thai December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Krung Thai stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Krung Thai shares will generate the highest return on investment. By undertsting and applying Krung Thai stock market strength indicators, traders can identify Krung Thai Bank entry and exit signals to maximize returns
Krung Thai Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Krung Thai's price direction in advance. Along with the technical and fundamental analysis of Krung Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Krung 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 | 0.0797 | |||
| Jensen Alpha | 0.1032 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 3.85 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Krung Stock analysis
When running Krung Thai's price analysis, check to measure Krung Thai'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 Krung Thai is operating at the current time. Most of Krung Thai's value examination focuses on studying past and present price action to predict the probability of Krung Thai's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Krung Thai's price. Additionally, you may evaluate how the addition of Krung Thai to your portfolios can decrease your overall portfolio volatility.
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Fundamental Analysis View fundamental data based on most recent published financial statements |