Major Cineplex (Thailand) Price on November 22, 2024
MAJOR Stock | THB 14.10 0.50 3.42% |
If you're considering investing in Major Stock, it is important to understand the factors that can impact its price. As of today, the current price of Major Cineplex stands at 14.10, as last reported on the 6th of January, with the highest price reaching 14.60 and the lowest price hitting 14.10 during the day. Major Cineplex Group has Sharpe Ratio of -0.066, which conveys that the firm had a -0.066% return per unit of risk over the last 3 months. Major Cineplex exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Major Cineplex's Standard Deviation of 1.44, risk adjusted performance of (0.01), and Mean Deviation of 1.06 to check out the risk estimate we provide.
Major Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Major |
Sharpe Ratio = -0.066
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Estimated Market Risk
1.43 actual daily | 12 88% of assets are more volatile |
Expected Return
-0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Major Cineplex 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 Major Cineplex by adding Major Cineplex to a well-diversified portfolio.
Major Cineplex Valuation on November 22, 2024
It is possible to determine the worth of Major Cineplex on a given historical date. On November 22, 2024 Major was worth 14.5 at the beginning of the trading date compared to the closed value of 14.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Major Cineplex stock. Still, in general, we apply an absolute valuation method to find Major Cineplex'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 Major Cineplex where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Major Cineplex's related companies.
Open | High | Low | Close | Volume | |
14.60 | 14.80 | 14.40 | 14.60 | 2,071,698 | |
11/22/2024 | 14.50 | 14.80 | 14.30 | 14.60 | 2,191,311 |
14.50 | 14.60 | 14.20 | 14.50 | 2,509,371 |
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Major Cineplex Trading Date Momentum on November 22, 2024
On November 25 2024 Major Cineplex Group was traded for 14.50 at the closing time. The highest price during the trading period was 14.60 and the lowest recorded bid was listed for 14.20 . The volume for the day was 2.5 M. This history from November 25, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.68% . The trading delta at closing time to the current price is 1.37% . |
Major Cineplex Group Fundamentals Correlations and Trends
By evaluating Major Cineplex'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 Major Cineplex's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Major financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Major Cineplex Stock history
Major Cineplex 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 Major is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Major Cineplex Group 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 Major Cineplex stock prices may prove useful in developing a viable investing in Major Cineplex
Major Cineplex Group Public Company Limited, together with its subsidiaries, operates as a lifestyle entertainment company primarily in Thailand. Major Cineplex Group Public Company Limited was founded in 1995 and is based in Bangkok, Thailand. MAJOR CINEPLEX operates under Media - Diversified classification in Thailand and is traded on Stock Exchange of Thailand.
Major Cineplex Stock Technical Analysis
Major Cineplex 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
Major Cineplex Period Price Range
Low | January 6, 2025
| High |
0.00 | 0.00 |
Major Cineplex Group 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.
Major Cineplex January 6, 2025 Market Strength
Market strength indicators help investors to evaluate how Major Cineplex stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Major Cineplex shares will generate the highest return on investment. By undertsting and applying Major Cineplex stock market strength indicators, traders can identify Major Cineplex Group entry and exit signals to maximize returns
Major Cineplex Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Major Cineplex's price direction in advance. Along with the technical and fundamental analysis of Major Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Major 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 | (0.01) | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.06) | |||
Treynor Ratio | 0.4521 |
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Complementary Tools for Major Stock analysis
When running Major Cineplex's price analysis, check to measure Major Cineplex'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 Major Cineplex is operating at the current time. Most of Major Cineplex's value examination focuses on studying past and present price action to predict the probability of Major Cineplex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Major Cineplex's price. Additionally, you may evaluate how the addition of Major Cineplex to your portfolios can decrease your overall portfolio volatility.
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