Newcity Public (Thailand) Price on October 9, 2024

NC Stock  THB 2.88  0.02  0.69%   
If you're considering investing in Newcity Stock, it is important to understand the factors that can impact its price. As of today, the current price of Newcity Public stands at 2.88, as last reported on the 14th of December 2024, with the highest price reaching 2.92 and the lowest price hitting 2.84 during the day. Newcity Public has Sharpe Ratio of -0.13, which conveys that the firm had a -0.13% return per unit of risk over the last 3 months. Newcity Public exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Newcity Public's Mean Deviation of 2.38, risk adjusted performance of (0.08), and Standard Deviation of 4.03 to check out the risk estimate we provide.
  
Newcity Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1294

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Estimated Market Risk

 4.08
  actual daily
36
64% of assets are more volatile

Expected Return

 -0.53
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average Newcity 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 Newcity Public by adding Newcity Public to a well-diversified portfolio.

Newcity Public Valuation on October 9, 2024

It is possible to determine the worth of Newcity Public on a given historical date. On October 9, 2024 Newcity was worth 3.6 at the beginning of the trading date compared to the closed value of 3.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Newcity Public stock. Still, in general, we apply an absolute valuation method to find Newcity 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 Newcity Public where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Newcity Public's related companies.
 Open High Low Close Volume
  3.60    3.70    3.60    3.60    66,900  
10/09/2024
  3.60    4.04    3.58    3.64    2,631,117  
  3.68    3.84    3.56    3.62    897,702  
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Open Value
3.6
3.64
Closing Value
15.85
Upside

Newcity Public Trading Date Momentum on October 9, 2024

On October 10 2024 Newcity Public was traded for  3.62  at the closing time. The highest daily price throughout the period was 3.84  and the lowest price was  3.56 . The daily volume was 897.7 K. The net trading volume on 10/10/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.55% . The trading delta at closing time to current closing price is 1.10% .

Newcity Public Fundamentals Correlations and Trends

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

About Newcity Public Stock history

Newcity 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 Newcity is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Newcity 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 Newcity Public stock prices may prove useful in developing a viable investing in Newcity Public
Newcity Public Company Limited engages in the distribution of pantyhose products, cosmetics, innerwear, and exercise outfits in Thailand. The company was founded in 1964 and is based in Bangkok, Thailand. NEWCITY PUBLIC operates under Apparel Manufacturing classification in Thailand and is traded on Stock Exchange of Thailand.

Newcity Public Stock Technical Analysis

Newcity 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.
A focus of Newcity Public technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Newcity Public 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

Newcity Public Period Price Range

Low
December 14, 2024
0.00  NaN%
High

 0.00 

     

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Newcity 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.

Newcity Public December 14, 2024 Market Strength

Market strength indicators help investors to evaluate how Newcity 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 Newcity Public shares will generate the highest return on investment. By undertsting and applying Newcity Public stock market strength indicators, traders can identify Newcity Public entry and exit signals to maximize returns

Newcity Public Technical and Predictive Indicators

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

Newcity Public financial ratios help investors to determine whether Newcity 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 Newcity with respect to the benefits of owning Newcity Public security.