Sahamitr Pressure (Thailand) Price on December 4, 2023
SMPC Stock | THB 9.40 0.05 0.53% |
If you're considering investing in Sahamitr Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sahamitr Pressure stands at 9.40, as last reported on the 4th of December, with the highest price reaching 9.45 and the lowest price hitting 9.35 during the day. Sahamitr Pressure owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0635, which indicates the firm had a -0.0635% return per unit of risk over the last 3 months. Sahamitr Pressure Container exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sahamitr Pressure's Risk Adjusted Performance of (0.04), coefficient of variation of (1,962), and Variance of 0.5311 to confirm the risk estimate we provide.
Sahamitr Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sahamitr |
Sharpe Ratio = -0.0635
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | SMPC |
Estimated Market Risk
0.74 actual daily | 6 94% of assets are more volatile |
Expected Return
-0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sahamitr Pressure 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 Sahamitr Pressure by adding Sahamitr Pressure to a well-diversified portfolio.
Sahamitr Pressure Valuation on December 4, 2023
It is possible to determine the worth of Sahamitr Pressure on a given historical date. On December 4, 2023 Sahamitr was worth 9.94 at the beginning of the trading date compared to the closed value of 9.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sahamitr Pressure stock. Still, in general, we apply an absolute valuation method to find Sahamitr Pressure'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 Sahamitr Pressure where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sahamitr Pressure's related companies.
Open | High | Low | Close | Volume | |
9.94 | 10.13 | 9.94 | 10.04 | 11,100 | |
12/04/2023 | 9.94 | 10.04 | 9.85 | 9.94 | 64,100 |
10.04 | 10.04 | 9.85 | 9.94 | 204,200 |
Backtest Sahamitr Pressure | | | Sahamitr Pressure History | | | Sahamitr Pressure Valuation | Previous | Next |
Sahamitr Pressure Trading Date Momentum on December 4, 2023
On December 06 2023 Sahamitr Pressure Container was traded for 9.94 at the closing time. The highest price during the trading period was 10.04 and the lowest recorded bid was listed for 9.85 . The volume for the day was 204.2 K. This history from December 6, 2023 did not result in any price rise and fall. The trading price change to the current price is 6.14% . |
Sahamitr Pressure Fundamentals Correlations and Trends
By evaluating Sahamitr Pressure'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 Sahamitr Pressure's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sahamitr financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sahamitr Pressure Stock history
Sahamitr Pressure 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 Sahamitr is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sahamitr Pressure 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 Sahamitr Pressure stock prices may prove useful in developing a viable investing in Sahamitr Pressure
Sahamitr Pressure Container Public Company Limited manufactures and sells LPG and other pressure cylinders in Thailand and internationally. Sahamitr Pressure Container Public Company Limited was founded in 1981 and is based in Bangkok, Thailand. SAHAMITR PRESSURE operates under Metal Fabrication classification in Thailand and is traded on Stock Exchange of Thailand. It employs 414 people.
Sahamitr Pressure Stock Technical Analysis
Sahamitr Pressure 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
Sahamitr Pressure Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Sahamitr Pressure Container 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.
Sahamitr Pressure December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Sahamitr Pressure stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sahamitr Pressure shares will generate the highest return on investment. By undertsting and applying Sahamitr Pressure stock market strength indicators, traders can identify Sahamitr Pressure Container entry and exit signals to maximize returns
Sahamitr Pressure Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sahamitr Pressure's price direction in advance. Along with the technical and fundamental analysis of Sahamitr Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sahamitr 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 | (0.04) | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.15) | |||
Treynor Ratio | 0.6147 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Other Information on Investing in Sahamitr Stock
Sahamitr Pressure financial ratios help investors to determine whether Sahamitr 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 Sahamitr with respect to the benefits of owning Sahamitr Pressure security.