Netbay Public (Thailand) Price on December 12, 2024
NETBAY Stock | THB 17.70 0.50 2.75% |
If you're considering investing in Netbay Stock, it is important to understand the factors that can impact its price. As of today, the current price of Netbay Public stands at 17.70, as last reported on the 15th of December 2024, with the highest price reaching 18.40 and the lowest price hitting 17.50 during the day. Netbay Public has Sharpe Ratio of -0.0016, which conveys that the firm had a -0.0016% return per unit of risk over the last 3 months. Netbay Public exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Netbay Public's Downside Deviation of 2.29, risk adjusted performance of 0.0196, and Mean Deviation of 2.25 to check out the risk estimate we provide.
Netbay Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Netbay |
Sharpe Ratio = -0.0016
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | NETBAY |
Estimated Market Risk
3.5 actual daily | 31 69% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Netbay 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 Netbay Public by adding Netbay Public to a well-diversified portfolio.
Netbay Public Valuation on December 12, 2024
It is possible to determine the worth of Netbay Public on a given historical date. On December 12, 2024 Netbay was worth 18.3 at the beginning of the trading date compared to the closed value of 18.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Netbay Public stock. Still, in general, we apply an absolute valuation method to find Netbay 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 Netbay Public where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Netbay Public's related companies.
Open | High | Low | Close | Volume | |
18.10 | 18.50 | 17.90 | 18.20 | 601,944 | |
12/12/2024 | 18.30 | 18.30 | 18.00 | 18.20 | 565,709 |
18.20 | 18.40 | 17.50 | 17.70 | 1,092,873 |
Backtest Netbay Public | | | Netbay Public History | | | Netbay Public Valuation | Previous | Next |
Netbay Public Trading Date Momentum on December 12, 2024
On December 13 2024 Netbay Public was traded for 17.70 at the closing time. The highest price during the trading period was 18.40 and the lowest recorded bid was listed for 17.50 . The volume for the day was 1.1 M. This history from December 13, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 2.75% . The trading delta at closing time to the current price is 0.00% . |
Netbay Public Fundamentals Correlations and Trends
By evaluating Netbay 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 Netbay Public's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Netbay financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Netbay Public Stock history
Netbay 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 Netbay is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Netbay 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 Netbay Public stock prices may prove useful in developing a viable investing in Netbay Public
Netbay Public Company Limited creates, designs, and develops digital business technology platform and omni channel connectivity gateway solutions for the electronic business transaction exchange in the field of trading. The company was founded in 2004 and is based in Bangkok, Thailand. NETBAY PUBLIC operates under Software - Infrastructure classification in Thailand and is traded on Stock Exchange of Thailand.
Netbay Public Stock Technical Analysis
Netbay 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.
Price Boundaries
Netbay Public Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Netbay 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.
Netbay Public December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Netbay 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 Netbay Public shares will generate the highest return on investment. By undertsting and applying Netbay Public stock market strength indicators, traders can identify Netbay Public entry and exit signals to maximize returns
Netbay Public Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Netbay Public's price direction in advance. Along with the technical and fundamental analysis of Netbay Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Netbay 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 | 0.0196 | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.38) | |||
Sortino Ratio | (0.02) | |||
Treynor Ratio | 0.065 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Netbay Stock analysis
When running Netbay Public's price analysis, check to measure Netbay Public'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 Netbay Public is operating at the current time. Most of Netbay Public's value examination focuses on studying past and present price action to predict the probability of Netbay Public's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Netbay Public's price. Additionally, you may evaluate how the addition of Netbay Public to your portfolios can decrease your overall portfolio volatility.
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios |