Megachem Public (Thailand) Price on August 24, 2023
MGT Stock | THB 1.97 0.07 3.43% |
If you're considering investing in Megachem Stock, it is important to understand the factors that can impact its price. As of today, the current price of Megachem Public stands at 1.97, as last reported on the 4th of December, with the highest price reaching 2.04 and the lowest price hitting 1.97 during the day. Megachem Public has Sharpe Ratio of -0.14, which conveys that the firm had a -0.14% return per unit of risk over the last 3 months. Megachem Public exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Megachem Public's Standard Deviation of 1.9, risk adjusted performance of (0.06), and Mean Deviation of 1.26 to check out the risk estimate we provide.
Megachem Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Megachem |
Sharpe Ratio = -0.1376
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Estimated Market Risk
1.89 actual daily | 16 84% of assets are more volatile |
Expected Return
-0.26 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 Megachem Public 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 Megachem Public by adding Megachem Public to a well-diversified portfolio.
Megachem Public Valuation on August 24, 2023
It is possible to determine the worth of Megachem Public on a given historical date. On August 24, 2023 Megachem was worth 2.49 at the beginning of the trading date compared to the closed value of 2.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Megachem Public stock. Still, in general, we apply an absolute valuation method to find Megachem Public'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 Megachem Public where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Megachem Public's related companies.
Open | High | Low | Close | Volume | |
2.49 | 2.55 | 2.49 | 2.51 | 60,300 | |
08/24/2023 | 2.49 | 2.64 | 2.49 | 2.64 | 209,709 |
2.61 | 2.70 | 2.59 | 2.62 | 62,900 |
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Megachem Public Trading Date Momentum on August 24, 2023
On August 25 2023 Megachem Public was traded for 2.62 at the closing time. The maximum traded price for the trading interval was 2.70 and the lowest daily price was 2.59 . The daily volume was recorded at 62.9 K. The volume of trading on 25th of August 2023 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.76% . The trading delta at closing time to the closing price today is 6.06% . |
Megachem Public Fundamentals Correlations and Trends
By evaluating Megachem Public'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 Megachem Public's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Megachem financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Megachem Public Stock history
Megachem Public 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 Megachem is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Megachem 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 Megachem Public stock prices may prove useful in developing a viable investing in Megachem Public
Megachem Public Company Limited engages in the distribution of specialty chemicals for various industries in Thailand. Megachem Public Company Limited was founded in 1992 and is based in Bangkok, Thailand. MEGACHEM PUBLIC operates under Specialty Chemicals classification in Thailand and is traded on Stock Exchange of Thailand.
Megachem Public Stock Technical Analysis
Megachem Public 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
Megachem Public Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Megachem 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.
Megachem Public December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Megachem Public stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Megachem Public shares will generate the highest return on investment. By undertsting and applying Megachem Public stock market strength indicators, traders can identify Megachem Public entry and exit signals to maximize returns
Megachem Public Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Megachem Public's price direction in advance. Along with the technical and fundamental analysis of Megachem Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Megachem 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 | (0.06) | |||
Jensen Alpha | (0.23) | |||
Total Risk Alpha | (0.44) | |||
Treynor Ratio | (0.41) |
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Other Information on Investing in Megachem Stock
Megachem Public financial ratios help investors to determine whether Megachem 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 Megachem with respect to the benefits of owning Megachem Public security.