Sahamit Machinery (Thailand) Price on September 19, 2024

SMIT Stock  THB 3.94  0.02  0.51%   
If you're considering investing in Sahamit Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sahamit Machinery stands at 3.94, as last reported on the 26th of December, with the highest price reaching 3.98 and the lowest price hitting 3.90 during the day. Sahamit Machinery Public owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.16, which indicates the firm had a -0.16% return per unit of risk over the last 3 months. Sahamit Machinery Public exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sahamit Machinery's Coefficient Of Variation of (859.33), variance of 0.4721, and Risk Adjusted Performance of (0.09) to confirm the risk estimate we provide.
  
Sahamit Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1578

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Estimated Market Risk

 0.71
  actual daily
6
94% of assets are more volatile

Expected Return

 -0.11
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.16
  actual daily
0
Most of other assets perform better
Based on monthly moving average Sahamit Machinery 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 Sahamit Machinery by adding Sahamit Machinery to a well-diversified portfolio.

Sahamit Machinery Valuation on September 19, 2024

It is possible to determine the worth of Sahamit Machinery on a given historical date. On September 19, 2024 Sahamit was worth 4.12 at the beginning of the trading date compared to the closed value of 4.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sahamit Machinery stock. Still, in general, we apply an absolute valuation method to find Sahamit Machinery'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 Sahamit Machinery where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sahamit Machinery's related companies.
 Open High Low Close Volume
  4.16    4.16    4.16    4.16    1.00  
09/19/2024
  4.12    4.16    4.12    4.16    79,100  
  4.16    4.16    4.16    4.16    1.00  
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Open Value
4.12
4.16
Closing Value
6.25
Upside

Sahamit Machinery Trading Date Momentum on September 19, 2024

On September 20 2024 Sahamit Machinery Public was traded for  4.16  at the closing time. The highest price during the trading period was 4.16  and the lowest recorded bid was listed for  4.16 . There was no trading activity during the period 1.0. Lack of trading volume on September 20, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.96% .

Sahamit Machinery Public Fundamentals Correlations and Trends

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

About Sahamit Machinery Stock history

Sahamit Machinery 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 Sahamit is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sahamit Machinery 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 Sahamit Machinery stock prices may prove useful in developing a viable investing in Sahamit Machinery
Sahamit Machinery Public Company Limited imports and distributes materials, machinery, and appliances for industries in Thailand. The company was founded in 1973 and is headquartered in Bangkok, Thailand. SAHAMIT MACHINERY operates under Diversified Industrials classification in Thailand and is traded on Stock Exchange of Thailand.

Sahamit Machinery Stock Technical Analysis

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

Sahamit Machinery Period Price Range

Low
December 26, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Sahamit Machinery 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.

Sahamit Machinery December 26, 2024 Market Strength

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

Sahamit Machinery Technical and Predictive Indicators

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

Sahamit Machinery financial ratios help investors to determine whether Sahamit 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 Sahamit with respect to the benefits of owning Sahamit Machinery security.