Siam Steel (Thailand) Price on December 12, 2024
SSSC Stock | THB 2.00 0.04 1.96% |
If you're considering investing in Siam Stock, it is important to understand the factors that can impact its price. As of today, the current price of Siam Steel stands at 2.00, as last reported on the 7th of January, with the highest price reaching 2.04 and the lowest price hitting 2.00 during the day. Siam Steel Service 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. Siam Steel Service exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Siam Steel's Variance of 2.93, risk adjusted performance of (0.12), and Coefficient Of Variation of (654.73) to confirm the risk estimate we provide.
Siam Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Siam |
Sharpe Ratio = -0.1578
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Estimated Market Risk
1.8 actual daily | 16 84% of assets are more volatile |
Expected Return
-0.28 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 Siam Steel 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 Siam Steel by adding Siam Steel to a well-diversified portfolio.
Siam Steel Valuation on December 12, 2024
It is possible to determine the worth of Siam Steel on a given historical date. On December 12, 2024 Siam was worth 2.2 at the beginning of the trading date compared to the closed value of 2.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Siam Steel stock. Still, in general, we apply an absolute valuation method to find Siam Steel'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 Siam Steel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Siam Steel's related companies.
Open | High | Low | Close | Volume | |
2.20 | 2.24 | 2.18 | 2.22 | 25,890 | |
12/12/2024 | 2.20 | 2.20 | 2.18 | 2.20 | 80,721 |
2.20 | 2.20 | 2.18 | 2.18 | 27,060 |
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Siam Steel Trading Date Momentum on December 12, 2024
On December 13 2024 Siam Steel Service was traded for 2.18 at the closing time. The highest price during the trading period was 2.20 and the lowest recorded bid was listed for 2.18 . The volume for the day was 27.1 K. This history from December 13, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.91% . The trading price change to the current price is 8.18% . |
Siam Steel Service Fundamentals Correlations and Trends
By evaluating Siam Steel'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 Siam Steel's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Siam financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Siam Steel Stock history
Siam Steel 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 Siam is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Siam Steel Service 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 Siam Steel stock prices may prove useful in developing a viable investing in Siam Steel
Siam Steel Service Center Public Company Limited, together with its subsidiaries, manufactures and sells steel accessories in Thailand. Siam Steel Service Center Public Company Limited was founded in 1985 and is headquartered in Samut Prakan, Thailand. SIAM STEEL operates under Steel classification in Thailand and is traded on Stock Exchange of Thailand. It employs 801 people.
Siam Steel Stock Technical Analysis
Siam Steel 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
Siam Steel Period Price Range
Low | January 7, 2025
| High |
0.00 | 0.00 |
Siam Steel Service 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.
Siam Steel January 7, 2025 Market Strength
Market strength indicators help investors to evaluate how Siam Steel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Siam Steel shares will generate the highest return on investment. By undertsting and applying Siam Steel stock market strength indicators, traders can identify Siam Steel Service entry and exit signals to maximize returns
Siam Steel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Siam Steel's price direction in advance. Along with the technical and fundamental analysis of Siam Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Siam 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 | (0.12) | |||
Jensen Alpha | (0.27) | |||
Total Risk Alpha | (0.30) | |||
Treynor Ratio | (5.39) |
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Other Information on Investing in Siam Stock
Siam Steel financial ratios help investors to determine whether Siam 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 Siam with respect to the benefits of owning Siam Steel security.