Sermsang Power (Thailand) Price on November 14, 2024
| SSP Stock | THB 5.60 0.10 1.82% |
If you're considering investing in Sermsang Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sermsang Power stands at 5.60, as last reported on the 13th of December 2024, with the highest price reaching 5.60 and the lowest price hitting 5.50 during the day. Sermsang Power 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. Sermsang Power exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sermsang Power's Coefficient Of Variation of (722.12), variance of 1.37, and Risk Adjusted Performance of (0.1) to confirm the risk estimate we provide.
Sermsang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sermsang |
Sharpe Ratio = -0.1318
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Estimated Market Risk
| 1.12 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sermsang Power 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 Sermsang Power by adding Sermsang Power to a well-diversified portfolio.
Sermsang Power Valuation on November 14, 2024
It is possible to determine the worth of Sermsang Power on a given historical date. On November 14, 2024 Sermsang was worth 5.75 at the beginning of the trading date compared to the closed value of 5.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sermsang Power stock. Still, in general, we apply an absolute valuation method to find Sermsang Power'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 Sermsang Power where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sermsang Power's related companies.
| Open | High | Low | Close | Volume | |
| 5.80 | 5.80 | 5.70 | 5.75 | 538,200 | |
11/14/2024 | 5.75 | 5.80 | 5.70 | 5.75 | 146,800 |
| 5.70 | 5.75 | 5.65 | 5.65 | 294,820 |
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Sermsang Power Trading Date Momentum on November 14, 2024
| On November 15 2024 Sermsang Power was traded for 5.65 at the closing time. The maximum traded price for the trading interval was 5.75 and the lowest daily price was 5.65 . The daily volume was recorded at 294.8 K. The volume of trading on 15th of November 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 1.74% . The trading price change to the closing price today is 2.61% . |
Sermsang Power Fundamentals Correlations and Trends
By evaluating Sermsang Power'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 Sermsang Power's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sermsang financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sermsang Power Stock history
Sermsang Power 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 Sermsang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sermsang Power 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 Sermsang Power stock prices may prove useful in developing a viable investing in Sermsang Power
Sermsang Power Corporation Public Company Limited operates in the renewable energy business. The company was founded in 2010 and is based in Bangkok, Thailand. SERMSANG POWER operates under UtilitiesRenewable classification in Thailand and is traded on Stock Exchange of Thailand.
Sermsang Power Stock Technical Analysis
Sermsang Power 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
Sermsang Power Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Sermsang Power 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.
Sermsang Power December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Sermsang Power stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sermsang Power shares will generate the highest return on investment. By undertsting and applying Sermsang Power stock market strength indicators, traders can identify Sermsang Power entry and exit signals to maximize returns
Sermsang Power Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sermsang Power's price direction in advance. Along with the technical and fundamental analysis of Sermsang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sermsang 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 | (0.1) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | 1.51 |
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Other Information on Investing in Sermsang Stock
Sermsang Power financial ratios help investors to determine whether Sermsang 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 Sermsang with respect to the benefits of owning Sermsang Power security.