Samchai Steel (Thailand) Price on November 12, 2024
| SAM Stock | THB 0.26 0.04 13.33% |
If you're considering investing in Samchai Stock, it is important to understand the factors that can impact its price. As of today, the current price of Samchai Steel stands at 0.26, as last reported on the 23rd of December, with the highest price reaching 0.37 and the lowest price hitting 0.26 during the day. Samchai Steel is out of control given 3 months investment horizon. Samchai Steel Industries owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. We have collected data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.92% are justified by taking the suggested risk. Use Samchai Steel Industries Coefficient Of Variation of 800.98, risk adjusted performance of 0.1083, and Semi Deviation of 3.56 to evaluate company specific risk that cannot be diversified away.
Samchai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Samchai |
Sharpe Ratio = 0.1299
| Best Portfolio | Best Equity | |||
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| Average Returns | SAM | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 14.76 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.92 actual daily | 38 62% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Samchai Steel is performing at about 10% of its full potential. 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 Samchai Steel by adding it to a well-diversified portfolio.
Samchai Steel Valuation on November 12, 2024
It is possible to determine the worth of Samchai Steel on a given historical date. On November 12, 2024 Samchai was worth 0.26 at the beginning of the trading date compared to the closed value of 0.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Samchai Steel stock. Still, in general, we apply an absolute valuation method to find Samchai Steel'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 Samchai Steel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Samchai Steel's related companies.
| Open | High | Low | Close | Volume | |
| 0.25 | 0.28 | 0.24 | 0.25 | 2,481,511 | |
11/12/2024 | 0.26 | 0.26 | 0.22 | 0.22 | 3,502,704 |
| 0.23 | 0.26 | 0.21 | 0.24 | 9,323,403 |
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Samchai Steel Trading Date Momentum on November 12, 2024
| On November 13 2024 Samchai Steel Industries was traded for 0.24 at the closing time. The maximum traded price for the trading interval was 0.26 and the lowest daily price was 0.21 . The daily volume was recorded at 9.3 M. The volume of trading on 13th of November 2024 played a part in the next trading day price upswing. The trading price change to the next closing price was 9.09% . The trading price change to the closing price today is 4.55% . |
Samchai Steel Industries Fundamentals Correlations and Trends
By evaluating Samchai Steel'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 Samchai Steel's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Samchai financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Samchai Steel Stock history
Samchai Steel 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 Samchai is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Samchai Steel Industries 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 Samchai Steel stock prices may prove useful in developing a viable investing in Samchai Steel
Samchai Steel Industries Public Company Limited manufactures and sells steel pipes and tubes to the construction and furniture industries in Thailand and internationally. Samchai Steel Industries Public Company Limited was founded in 1996 and is headquartered in Samutsakorn, Thailand. SAMCHAI STEEL operates under Steel classification in Thailand and is traded on Stock Exchange of Thailand.
Samchai Steel Stock Technical Analysis
Samchai Steel 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
Samchai Steel Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Samchai Steel Industries 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.
Samchai Steel December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Samchai Steel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Samchai Steel shares will generate the highest return on investment. By undertsting and applying Samchai Steel stock market strength indicators, traders can identify Samchai Steel Industries entry and exit signals to maximize returns
Samchai Steel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Samchai Steel's price direction in advance. Along with the technical and fundamental analysis of Samchai Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Samchai 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 | 0.1083 | |||
| Jensen Alpha | 1.85 | |||
| Total Risk Alpha | 1.36 | |||
| Sortino Ratio | 0.167 | |||
| Treynor Ratio | (0.44) |
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Other Information on Investing in Samchai Stock
Samchai Steel financial ratios help investors to determine whether Samchai 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 Samchai with respect to the benefits of owning Samchai Steel security.