Mitsib Leasing (Thailand) Price on September 1, 2023
MITSIB Stock | THB 0.67 0.03 4.29% |
If you're considering investing in Mitsib Stock, it is important to understand the factors that can impact its price. As of today, the current price of Mitsib Leasing stands at 0.67, as last reported on the 26th of December, with the highest price reaching 0.67 and the lowest price hitting 0.64 during the day. Mitsib Leasing Public has Sharpe Ratio of -0.12, which conveys that the firm had a -0.12% return per unit of risk over the last 3 months. Mitsib Leasing exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mitsib Leasing's Standard Deviation of 1.3, risk adjusted performance of (0.12), and Mean Deviation of 0.8901 to check out the risk estimate we provide.
Mitsib Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Mitsib |
Sharpe Ratio = -0.1211
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | MITSIB |
Estimated Market Risk
1.3 actual daily | 11 89% of assets are more volatile |
Expected Return
-0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mitsib 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 Mitsib Leasing by adding Mitsib Leasing to a well-diversified portfolio.
Mitsib Leasing Valuation on September 1, 2023
It is possible to determine the worth of Mitsib Leasing on a given historical date. On September 1, 2023 Mitsib was worth 1.06 at the beginning of the trading date compared to the closed value of 1.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mitsib Leasing stock. Still, in general, we apply an absolute valuation method to find Mitsib 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 Mitsib Leasing where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mitsib Leasing's related companies.
Open | High | Low | Close | Volume | |
1.09 | 1.09 | 1.06 | 1.06 | 3,117,828 | |
09/01/2023 | 1.06 | 1.07 | 1.02 | 1.04 | 3,171,569 |
1.07 | 1.07 | 1.03 | 1.04 | 902,871 |
Backtest Mitsib Leasing | | | Mitsib Leasing History | | | Mitsib Leasing Valuation | Previous | Next |
Mitsib Leasing Trading Date Momentum on September 1, 2023
On September 04 2023 Mitsib Leasing Public was traded for 1.04 at the closing time. The highest price during the trading period was 1.07 and the lowest recorded bid was listed for 1.03 . The volume for the day was 902.9 K. This history from September 4, 2023 did not cause price change. The trading delta at closing time to the current price is 1.92% . |
Mitsib Leasing Public Fundamentals Correlations and Trends
By evaluating Mitsib 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 Mitsib Leasing's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mitsib financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mitsib Leasing Stock history
Mitsib 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 Mitsib is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mitsib 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 Mitsib Leasing stock prices may prove useful in developing a viable investing in Mitsib Leasing
Mitsib Leasing Public Company Limited primarily engages in selling cars in Thailand. The company is headquartered in Mueang Samut Prakan, Thailand. MITSIB LEASING operates under Auto Truck Dealerships classification in Thailand and is traded on Stock Exchange of Thailand.
Mitsib Leasing Stock Technical Analysis
Mitsib 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
Mitsib Leasing Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
Mitsib 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.
Mitsib Leasing December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Mitsib 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 Mitsib Leasing shares will generate the highest return on investment. By undertsting and applying Mitsib Leasing stock market strength indicators, traders can identify Mitsib Leasing Public entry and exit signals to maximize returns
Mitsib Leasing Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mitsib Leasing's price direction in advance. Along with the technical and fundamental analysis of Mitsib Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mitsib 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 | (0.12) | |||
Jensen Alpha | (0.21) | |||
Total Risk Alpha | (0.27) | |||
Treynor Ratio | 1.55 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Mitsib Stock analysis
When running Mitsib Leasing's price analysis, check to measure Mitsib 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 Mitsib Leasing is operating at the current time. Most of Mitsib Leasing's value examination focuses on studying past and present price action to predict the probability of Mitsib 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 Mitsib Leasing's price. Additionally, you may evaluate how the addition of Mitsib Leasing to your portfolios can decrease your overall portfolio volatility.
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
Global Correlations Find global opportunities by holding instruments from different markets | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments |