Mono Next (Thailand) Price on October 30, 2024
| MONO Stock | THB 2.40 0.52 17.81% |
If you're considering investing in Mono Stock, it is important to understand the factors that can impact its price. As of today, the current price of Mono Next stands at 2.40, as last reported on the 4th of December, with the highest price reaching 2.90 and the lowest price hitting 2.30 during the day. Mono Next appears to be very risky, given 3 months investment horizon. Mono Next 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. By analyzing Mono Next's technical indicators, you can evaluate if the expected return of 0.67% is justified by implied risk. Please exercise Mono Next's Downside Deviation of 4.37, mean deviation of 2.96, and Risk Adjusted Performance of 0.1137 to check out if our risk estimates are consistent with your expectations.
Mono Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Mono |
Sharpe Ratio = 0.1374
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Estimated Market Risk
| 4.9 actual daily | 43 57% of assets are more volatile |
Expected Return
| 0.67 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Mono Next is performing at about 10% 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 Mono Next by adding it to a well-diversified portfolio.
Mono Next Valuation on October 30, 2024
It is possible to determine the worth of Mono Next on a given historical date. On October 30, 2024 Mono was worth 1.71 at the beginning of the trading date compared to the closed value of 1.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mono Next stock. Still, in general, we apply an absolute valuation method to find Mono Next'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 Mono Next where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mono Next's related companies.
| Open | High | Low | Close | Volume | |
| 1.70 | 1.70 | 1.70 | 1.70 | 1.00 | |
10/30/2024 | 1.71 | 1.74 | 1.67 | 1.67 | 3,803,515 |
| 1.67 | 1.70 | 1.66 | 1.68 | 7,328,010 |
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Mono Next Trading Date Momentum on October 30, 2024
| On October 31 2024 Mono Next Public was traded for 1.68 at the closing time. The highest price during the trading period was 1.70 and the lowest recorded bid was listed for 1.66 . The volume for the day was 7.3 M. This history from October 31, 2024 contributed to the next trading day price upswing. The trading delta at closing time to the next closing price was 0.60% . The trading delta at closing time to the current price is 5.39% . |
Mono Next Public Fundamentals Correlations and Trends
By evaluating Mono Next'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 Mono Next's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mono financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mono Next Stock history
Mono Next 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 Mono is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mono Next 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 Mono Next stock prices may prove useful in developing a viable investing in Mono Next
Mono Technology Public Company Limited, together with its subsidiaries, engages in the media and content business primarily in Thailand. The company was founded in 1999 and is headquartered in Pak Kret, Thailand. MONO TECHNOLOGY operates under Media - Diversified classification in Thailand and is traded on Stock Exchange of Thailand.
Mono Next Stock Technical Analysis
Mono Next 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
Mono Next Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Mono Next 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.
Mono Next December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Mono Next stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mono Next shares will generate the highest return on investment. By undertsting and applying Mono Next stock market strength indicators, traders can identify Mono Next Public entry and exit signals to maximize returns
Mono Next Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mono Next's price direction in advance. Along with the technical and fundamental analysis of Mono Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mono 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 | 0.1137 | |||
| Jensen Alpha | 0.5454 | |||
| Total Risk Alpha | 0.0026 | |||
| Sortino Ratio | 0.1254 | |||
| Treynor Ratio | 0.6347 |
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Other Information on Investing in Mono Stock
Mono Next financial ratios help investors to determine whether Mono 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 Mono with respect to the benefits of owning Mono Next security.