Sonic Interfreight (Thailand) Price on December 11, 2024
If you're considering investing in Sonic Stock, it is important to understand the factors that can impact its price. At this point, Sonic Interfreight is slightly risky. Sonic Interfreight Public 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 found twenty-one technical indicators for Sonic Interfreight Public, which you can use to evaluate the volatility of the company. Please validate Sonic Interfreight's Coefficient Of Variation of 749.92, risk adjusted performance of 0.1082, and Semi Deviation of 0.7172 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%.
Sonic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sonic |
Sharpe Ratio = 0.1333
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Estimated Market Risk
| 0.99 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Sonic Interfreight 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 Sonic Interfreight by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
| BTC | Bitcoin | |
| TRX | TRON | |
| BNB | Binance Coin |
Price Boundaries
Sonic Interfreight Period Price Range
Low | January 9, 2025
| High |
0.00 | 0.00 |
Sonic Interfreight 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.
Sonic Interfreight January 9, 2025 Market Strength
Market strength indicators help investors to evaluate how Sonic Interfreight stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sonic Interfreight shares will generate the highest return on investment. By undertsting and applying Sonic Interfreight stock market strength indicators, traders can identify Sonic Interfreight Public entry and exit signals to maximize returns
Sonic Interfreight Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sonic Interfreight's price direction in advance. Along with the technical and fundamental analysis of Sonic Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sonic 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 | 0.1082 | |||
| Jensen Alpha | 0.1241 | |||
| Total Risk Alpha | 0.1001 | |||
| Sortino Ratio | 0.0819 | |||
| Treynor Ratio | (0.94) |
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Complementary Tools for Sonic Stock analysis
When running Sonic Interfreight's price analysis, check to measure Sonic Interfreight'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 Sonic Interfreight is operating at the current time. Most of Sonic Interfreight's value examination focuses on studying past and present price action to predict the probability of Sonic Interfreight's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sonic Interfreight's price. Additionally, you may evaluate how the addition of Sonic Interfreight to your portfolios can decrease your overall portfolio volatility.
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