PTT Global (Thailand) Price on December 3, 2024
PTTGC Stock | THB 25.00 0.10 0.40% |
If you're considering investing in PTT Stock, it is important to understand the factors that can impact its price. As of today, the current price of PTT Global stands at 25.00, as last reported on the 11th of December 2024, with the highest price reaching 25.25 and the lowest price hitting 24.70 during the day. PTT Global Chemical maintains Sharpe Ratio (i.e., Efficiency) of -0.0348, which implies the firm had a -0.0348% return per unit of standard deviation over the last 3 months. PTT Global Chemical exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PTT Global's Risk Adjusted Performance of 0.0097, market risk adjusted performance of 0.007, and Semi Deviation of 2.0 to confirm the risk estimate we provide.
PTT Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
PTT |
Sharpe Ratio = -0.0348
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Estimated Market Risk
3.01 actual daily | 26 74% of assets are more volatile |
Expected Return
-0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average PTT Global 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 PTT Global by adding PTT Global to a well-diversified portfolio.
PTT Global Valuation on December 3, 2024
It is possible to determine the worth of PTT Global on a given historical date. On December 3, 2024 PTT was worth 25.0 at the beginning of the trading date compared to the closed value of 25.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PTT Global stock. Still, in general, we apply an absolute valuation method to find PTT Global'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 PTT Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PTT Global's related companies.
Open | High | Low | Close | Volume | |
25.25 | 25.25 | 24.60 | 25.25 | 17,852,300 | |
12/03/2024 | 25.00 | 25.50 | 24.80 | 25.50 | 10,002,911 |
25.25 | 25.75 | 25.00 | 25.25 | 8,032,507 |
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PTT Global Trading Date Momentum on December 3, 2024
On December 04 2024 PTT Global Chemical was traded for 25.25 at the closing time. The highest price during the trading period was 25.75 and the lowest recorded bid was listed for 25.00 . The volume for the day was 8 M. This history from December 4, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.98% . The trading delta at closing time to the current price is 2.35% . |
PTT Global Chemical Fundamentals Correlations and Trends
By evaluating PTT Global'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 PTT Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. PTT financial account trend analysis is a perfect complement when working with valuation or volatility modules.About PTT Global Stock history
PTT Global 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 PTT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PTT Global Chemical 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 PTT Global stock prices may prove useful in developing a viable investing in PTT Global
PTT Global Chemical Public Company Limited produces and distributes ethylene, propylene polyethylene, and biochemical products. PTT Global Chemical Public Company Limited is headquartered in Bangkok, Thailand. PTT GLOBAL operates under Chemicals classification in Thailand and is traded on Stock Exchange of Thailand.
PTT Global Stock Technical Analysis
PTT Global 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
PTT Global Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
PTT Global Chemical 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.
PTT Global December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how PTT Global stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PTT Global shares will generate the highest return on investment. By undertsting and applying PTT Global stock market strength indicators, traders can identify PTT Global Chemical entry and exit signals to maximize returns
PTT Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PTT Global's price direction in advance. Along with the technical and fundamental analysis of PTT Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of PTT 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 | 0.0097 | |||
Jensen Alpha | (0.05) | |||
Total Risk Alpha | (0.49) | |||
Sortino Ratio | (0.04) | |||
Treynor Ratio | (0) |
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Volume Indicators |
Complementary Tools for PTT Stock analysis
When running PTT Global's price analysis, check to measure PTT Global'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 PTT Global is operating at the current time. Most of PTT Global's value examination focuses on studying past and present price action to predict the probability of PTT Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PTT Global's price. Additionally, you may evaluate how the addition of PTT Global to your portfolios can decrease your overall portfolio volatility.
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