Sonic Interfreight (Thailand) Price on December 23, 2024
| SONIC Stock | THB 1.71 0.01 0.58% |
If you're considering investing in Sonic Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sonic Interfreight stands at 1.71, as last reported on the 23rd of December, with the highest price reaching 1.72 and the lowest price hitting 1.70 during the day. At this point, Sonic Interfreight is slightly risky. Sonic Interfreight Public owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0656, which indicates the firm had a 0.0656% return per unit of risk over the last 3 months. We have found thirty technical indicators for Sonic Interfreight Public, which you can use to evaluate the volatility of the company. Please validate Sonic Interfreight's Semi Deviation of 0.7641, coefficient of variation of 951.62, and Risk Adjusted Performance of 0.0861 to confirm if the risk estimate we provide is consistent with the expected return of 0.0631%.
Sonic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sonic |
Sharpe Ratio = 0.0656
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Estimated Market Risk
| 0.96 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Sonic Interfreight is performing at about 5% 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.
Sonic Interfreight Valuation on December 23, 2024
It is possible to determine the worth of Sonic Interfreight on a given historical date. On December 23, 2024 Sonic was worth 1.71 at the beginning of the trading date compared to the closed value of 1.71. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sonic Interfreight stock. Still, in general, we apply an absolute valuation method to find Sonic Interfreight'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 Sonic Interfreight where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sonic Interfreight's related companies.
| Open | High | Low | Close | Volume | |
| 1.71 | 1.72 | 1.70 | 1.71 | 1,031,320 | |
12/23/2024 | 1.71 | 1.72 | 1.70 | 1.71 | 0.00 |
| Backtest Sonic Interfreight | | | Sonic Interfreight History | | | Sonic Interfreight Valuation | Previous |
Sonic Interfreight Trading Date Momentum on December 23, 2024
| On December 23 2024 Sonic Interfreight Public was traded for 1.71 at the closing time. The highest price during the trading period was 1.72 and the lowest recorded bid was listed for 1.70 . There was no trading activity during the period 0.0. Lack of trading volume on December 23, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.00% . |
Sonic Interfreight Public Fundamentals Correlations and Trends
By evaluating Sonic Interfreight'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 Sonic Interfreight's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sonic financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sonic Interfreight Stock history
Sonic Interfreight 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 Sonic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sonic Interfreight 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 Sonic Interfreight stock prices may prove useful in developing a viable investing in Sonic Interfreight
Sonic Interfreight Public Company Limited provides freight forwarding, land transportation, and related logistics services in Thailand and internationally. The company was founded in 1995 and is headquartered in Bangkok, Thailand. SONIC INTERFREIGHT operates under Integrated Freight Logistics classification in Thailand and is traded on Stock Exchange of Thailand.
Sonic Interfreight Stock Technical Analysis
Sonic Interfreight 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
Sonic Interfreight Period Price Range
Low | December 23, 2024
| 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 December 23, 2024 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 | 0.0861 | |||
| Jensen Alpha | 0.1068 | |||
| Total Risk Alpha | 0.0753 | |||
| Sortino Ratio | 0.0691 | |||
| Treynor Ratio | (4.79) |
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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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