Panjawattana Plastic (Thailand) Price on December 11, 2024

PJW Stock  THB 2.34  0.04  1.74%   
If you're considering investing in Panjawattana Stock, it is important to understand the factors that can impact its price. As of today, the current price of Panjawattana Plastic stands at 2.34, as last reported on the 14th of December 2024, with the highest price reaching 2.34 and the lowest price hitting 2.28 during the day. Panjawattana Plastic maintains Sharpe Ratio (i.e., Efficiency) of -0.17, which implies the firm had a -0.17% return per unit of risk over the last 3 months. Panjawattana Plastic exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Panjawattana Plastic's Variance of 2.28, risk adjusted performance of (0.09), and Coefficient Of Variation of (734.65) to confirm the risk estimate we provide.
  
Panjawattana Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1705

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Estimated Market Risk

 1.52
  actual daily
13
87% of assets are more volatile

Expected Return

 -0.26
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.17
  actual daily
0
Most of other assets perform better
Based on monthly moving average Panjawattana Plastic 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 Panjawattana Plastic by adding Panjawattana Plastic to a well-diversified portfolio.

Panjawattana Plastic Valuation on December 11, 2024

It is possible to determine the worth of Panjawattana Plastic on a given historical date. On December 11, 2024 Panjawattana was worth 2.34 at the beginning of the trading date compared to the closed value of 2.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Panjawattana Plastic stock. Still, in general, we apply an absolute valuation method to find Panjawattana Plastic'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 Panjawattana Plastic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Panjawattana Plastic's related companies.
 Open High Low Close Volume
  2.40    2.40    2.30    2.32    560,309  
12/11/2024
  2.34    2.34    2.28    2.30    228,600  
  2.30    2.30    2.26    2.30    131,200  
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Open Value
2.34
2.3
Closing Value
6.90
Upside

Panjawattana Plastic Trading Date Momentum on December 11, 2024

On December 12 2024 Panjawattana Plastic Public was traded for  2.30  at the closing time. The maximum traded price for the trading interval was 2.30  and the lowest daily price was  2.26 . The daily volume was recorded at 131.2 K. The volume of trading on 12th of December 2024 did not cause price change. The trading delta at closing time to the closing price today is 0.87% .

Panjawattana Plastic Fundamentals Correlations and Trends

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

About Panjawattana Plastic Stock history

Panjawattana Plastic 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 Panjawattana is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Panjawattana Plastic 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 Panjawattana Plastic stock prices may prove useful in developing a viable investing in Panjawattana Plastic
Panjawattana Plastic Public Company Limited, together with its subsidiaries, produces and supplies plastic containers and closures, and automotive plastic parts in Thailand and internationally. Panjawattana Plastic Public Company Limited was founded in 1987 and is headquartered in Bangkok, Thailand. PANJAWATTANA PLASTIC operates under Packaging Containers classification in Thailand and is traded on Stock Exchange of Thailand.

Panjawattana Plastic Stock Technical Analysis

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

Panjawattana Plastic Period Price Range

Low
December 14, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Panjawattana Plastic 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.

Panjawattana Plastic December 14, 2024 Market Strength

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

Panjawattana Plastic Technical and Predictive Indicators

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

Panjawattana Plastic financial ratios help investors to determine whether Panjawattana 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 Panjawattana with respect to the benefits of owning Panjawattana Plastic security.