Muang Thai (Thailand) Price on August 16, 2023

MTI Stock  THB 106.50  0.50  0.47%   
If you're considering investing in Muang Stock, it is important to understand the factors that can impact its price. As of today, the current price of Muang Thai stands at 106.50, as last reported on the 14th of December 2024, with the highest price reaching 106.50 and the lowest price hitting 105.00 during the day. Muang Thai Insurance has Sharpe Ratio of -0.0188, which conveys that the firm had a -0.0188% return per unit of risk over the last 3 months. Muang Thai exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Muang Thai's Risk Adjusted Performance of 1.0E-4, mean deviation of 0.5381, and Standard Deviation of 0.9362 to check out the risk estimate we provide.
  
Muang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0188

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Estimated Market Risk

 0.97
  actual daily
8
92% of assets are more volatile

Expected Return

 -0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Muang Thai 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 Muang Thai by adding Muang Thai to a well-diversified portfolio.

Muang Thai Valuation on August 16, 2023

It is possible to determine the worth of Muang Thai on a given historical date. On August 16, 2023 Muang was worth 107.09 at the beginning of the trading date compared to the closed value of 107.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Muang Thai stock. Still, in general, we apply an absolute valuation method to find Muang Thai'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 Muang Thai where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Muang Thai's related companies.
 Open High Low Close Volume
  105.18    107.09    104.70    107.09    11,400  
08/16/2023
  107.09    107.09    105.18    107.09    2,900  
  106.14    108.53    106.14    108.05    5,300  
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Open Value
107.09
104.18
Downside
107.09
Closing Value
110.00
Upside

Muang Thai Trading Date Momentum on August 16, 2023

On August 17 2023 Muang Thai Insurance was traded for  108.05  at the closing time. The maximum traded price for the trading interval was 108.53  and the lowest daily price was  106.14 . The daily volume was recorded at 5.3 K. The volume of trading on 17th of August 2023 played a part in the next trading day price upswing. The trading delta at closing time to the next closing price was 0.90% . The trading delta at closing time to the closing price today is 3.58% .

Muang Thai Insurance Fundamentals Correlations and Trends

By evaluating Muang Thai'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 Muang Thai's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Muang financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Muang Thai Stock history

Muang Thai 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 Muang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Muang Thai Insurance 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 Muang Thai stock prices may prove useful in developing a viable investing in Muang Thai
Muang Thai Insurance Public Company Limited provides non-life insurance products and services in Thailand. It also invests in various securities, as well as engages in reinsurance business. MUANG THAI operates under Insurance - Property Casualty classification in Thailand and is traded on Stock Exchange of Thailand.

Muang Thai Stock Technical Analysis

Muang Thai 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.
A focus of Muang Thai technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Muang Thai trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Muang Thai Period Price Range

Low
December 14, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Muang Thai Insurance 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.

Muang Thai December 14, 2024 Market Strength

Market strength indicators help investors to evaluate how Muang Thai stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Muang Thai shares will generate the highest return on investment. By undertsting and applying Muang Thai stock market strength indicators, traders can identify Muang Thai Insurance entry and exit signals to maximize returns

Muang Thai Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Muang Thai's price direction in advance. Along with the technical and fundamental analysis of Muang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Muang 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.

Other Information on Investing in Muang Stock

Muang Thai financial ratios help investors to determine whether Muang 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 Muang with respect to the benefits of owning Muang Thai security.