Somboon Advance (Thailand) Price on September 25, 2024
| SAT Stock | THB 10.90 0.10 0.93% |
If you're considering investing in Somboon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Somboon Advance stands at 10.90, as last reported on the 4th of December, with the highest price reaching 11.00 and the lowest price hitting 10.70 during the day. Somboon Advance Tech owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.15, which indicates the firm had a -0.15% return per unit of risk over the last 3 months. Somboon Advance Technology exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Somboon Advance's Variance of 1.9, coefficient of variation of (928.11), and Risk Adjusted Performance of (0.08) to confirm the risk estimate we provide.
Somboon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Somboon |
Sharpe Ratio = -0.1451
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Estimated Market Risk
| 1.35 actual daily | 12 88% of assets are more volatile |
Expected Return
| -0.2 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Somboon Advance 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 Somboon Advance by adding Somboon Advance to a well-diversified portfolio.
Somboon Advance Valuation on September 25, 2024
It is possible to determine the worth of Somboon Advance on a given historical date. On September 25, 2024 Somboon was worth 13.2 at the beginning of the trading date compared to the closed value of 13.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Somboon Advance stock. Still, in general, we apply an absolute valuation method to find Somboon Advance'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 Somboon Advance where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Somboon Advance's related companies.
| Open | High | Low | Close | Volume | |
| 13.50 | 13.50 | 13.10 | 13.40 | 1,944,900 | |
09/25/2024 | 13.20 | 13.40 | 13.10 | 13.30 | 1,237,542 |
| 13.20 | 13.30 | 12.90 | 12.90 | 929,785 |
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Somboon Advance Trading Date Momentum on September 25, 2024
| On September 26 2024 Somboon Advance Technology was traded for 12.90 at the closing time. The maximum traded price for the trading interval was 13.30 and the lowest daily price was 12.90 . The daily volume was recorded at 929.8 K. The volume of trading on 26th of September 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 3.01% . The trading price change to the closing price today is 3.01% . |
Somboon Advance Tech Fundamentals Correlations and Trends
By evaluating Somboon Advance'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 Somboon Advance's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Somboon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Somboon Advance Stock history
Somboon Advance 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 Somboon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Somboon Advance Tech 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 Somboon Advance stock prices may prove useful in developing a viable investing in Somboon Advance
Somboon Advance Technology Public Company Limited manufactures and sells pick-up axles and truck trunnion shafts in Thailand. The company was founded in 1962 and is headquartered in Bang Phli, Thailand. SOMBOON ADVANCE operates under Auto Parts classification in Thailand and is traded on Stock Exchange of Thailand.
Somboon Advance Stock Technical Analysis
Somboon Advance 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
Somboon Advance Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Somboon Advance Technology 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.
Somboon Advance December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Somboon Advance stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Somboon Advance shares will generate the highest return on investment. By undertsting and applying Somboon Advance stock market strength indicators, traders can identify Somboon Advance Technology entry and exit signals to maximize returns
Somboon Advance Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Somboon Advance's price direction in advance. Along with the technical and fundamental analysis of Somboon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Somboon 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 | (0.08) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | 0.6903 |
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Other Information on Investing in Somboon Stock
Somboon Advance financial ratios help investors to determine whether Somboon 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 Somboon with respect to the benefits of owning Somboon Advance security.