Micro Leasing (Thailand) Price on January 30, 2023
MICRO Stock | THB 1.04 0.01 0.95% |
If you're considering investing in Micro Stock, it is important to understand the factors that can impact its price. As of today, the current price of Micro Leasing stands at 1.04, as last reported on the 15th of December 2024, with the highest price reaching 1.07 and the lowest price hitting 1.04 during the day. Micro Leasing Public has Sharpe Ratio of -0.2, which conveys that the firm had a -0.2% return per unit of risk over the last 3 months. Micro Leasing exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Micro Leasing's Standard Deviation of 3.77, mean deviation of 2.63, and Risk Adjusted Performance of (0.11) to check out the risk estimate we provide.
Micro Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Micro |
Sharpe Ratio = -0.2014
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Estimated Market Risk
3.65 actual daily | 32 68% of assets are more volatile |
Expected Return
-0.74 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.2 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Micro Leasing 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 Micro Leasing by adding Micro Leasing to a well-diversified portfolio.
Micro Leasing Valuation on January 30, 2023
It is possible to determine the worth of Micro Leasing on a given historical date. On January 30, 2023 Micro was worth 4.26 at the beginning of the trading date compared to the closed value of 4.37. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Micro Leasing stock. Still, in general, we apply an absolute valuation method to find Micro Leasing'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 Micro Leasing where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Micro Leasing's related companies.
Open | High | Low | Close | Volume | |
4.24 | 4.44 | 4.24 | 4.26 | 648,200 | |
01/30/2023 | 4.26 | 4.46 | 4.26 | 4.37 | 537,300 |
4.46 | 4.46 | 4.36 | 4.37 | 224,900 |
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Micro Leasing Trading Date Momentum on January 30, 2023
On January 31 2023 Micro Leasing Public was traded for 4.37 at the closing time. The highest price during the trading period was 4.46 and the lowest recorded bid was listed for 4.36 . The volume for the day was 224.9 K. This history from January 31, 2023 did not cause price change. The trading delta at closing time to the current price is 1.14% . |
Micro Leasing Public Fundamentals Correlations and Trends
By evaluating Micro Leasing'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 Micro Leasing's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Micro financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Micro Leasing Stock history
Micro Leasing 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 Micro is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Micro Leasing 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 Micro Leasing stock prices may prove useful in developing a viable investing in Micro Leasing
Micro Leasing Public Company Limited provides hire-purchase finance for six-wheel and ten-wheel trucks in Thailand. The company was founded in 1994 and is headquartered in Nakhon Pathom, Thailand. MICRO LEASING operates under Credit Services classification in Thailand and is traded on Stock Exchange of Thailand.
Micro Leasing Stock Technical Analysis
Micro Leasing 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
Micro Leasing Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Micro Leasing 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.
Micro Leasing December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Micro Leasing stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Micro Leasing shares will generate the highest return on investment. By undertsting and applying Micro Leasing stock market strength indicators, traders can identify Micro Leasing Public entry and exit signals to maximize returns
Micro Leasing Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Micro Leasing's price direction in advance. Along with the technical and fundamental analysis of Micro Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Micro 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 | (0.11) | |||
Jensen Alpha | (0.73) | |||
Total Risk Alpha | (1.12) | |||
Treynor Ratio | (0.70) |
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Volume Indicators |
Complementary Tools for Micro Stock analysis
When running Micro Leasing's price analysis, check to measure Micro Leasing'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 Micro Leasing is operating at the current time. Most of Micro Leasing's value examination focuses on studying past and present price action to predict the probability of Micro Leasing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Micro Leasing's price. Additionally, you may evaluate how the addition of Micro Leasing to your portfolios can decrease your overall portfolio volatility.
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