SRI TRANG (Thailand) Price on December 3, 2024
| STGT-R Stock | THB 9.80 0.16 1.61% |
If you're considering investing in SRI Stock, it is important to understand the factors that can impact its price. As of today, the current price of SRI TRANG stands at 9.80, as last reported on the 5th of January, with the highest price reaching 10.10 and the lowest price hitting 9.75 during the day. SRI TRANG appears to be somewhat reliable, given 3 months investment horizon. SRI TRANG GLOVES owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of volatility over the last 3 months. By examining SRI TRANG's technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please review SRI TRANG's risk adjusted performance of 0.1011, and Coefficient Of Variation of 872.07 to confirm if our risk estimates are consistent with your expectations.
SRI Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
SRI |
Sharpe Ratio = 0.1203
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Estimated Market Risk
| 4.5 actual daily | 40 60% of assets are more volatile |
Expected Return
| 0.54 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average SRI TRANG is performing at about 9% 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 SRI TRANG by adding it to a well-diversified portfolio.
SRI TRANG Valuation on December 3, 2024
It is possible to determine the worth of SRI TRANG on a given historical date. On December 3, 2024 SRI was worth 10.99 at the beginning of the trading date compared to the closed value of 10.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SRI TRANG stock. Still, in general, we apply an absolute valuation method to find SRI TRANG'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 SRI TRANG where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SRI TRANG's related companies.
| Open | High | Low | Close | Volume | |
| 10.80 | 10.80 | 10.80 | 10.80 | 1.00 | |
12/03/2024 | 10.99 | 11.10 | 10.90 | 10.99 | 832,400 |
| 10.95 | 11.20 | 10.90 | 10.95 | 588,900 |
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SRI TRANG Trading Date Momentum on December 3, 2024
| On December 04 2024 SRI TRANG GLOVES was traded for 10.95 at the closing time. The highest price during the trading period was 11.20 and the lowest recorded bid was listed for 10.90 . The volume for the day was 588.9 K. This history from December 4, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.36% . The trading price change to the current price is 4.37% . |
SRI TRANG GLOVES Fundamentals Correlations and Trends
By evaluating SRI TRANG'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 SRI TRANG's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SRI financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SRI TRANG Stock history
SRI TRANG 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 SRI is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SRI TRANG GLOVES 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 SRI TRANG stock prices may prove useful in developing a viable investing in SRI TRANG
Sri Trang Gloves Public Company Limited, together with its subsidiaries, manufactures and distributes rubber gloves in Thailand, Singapore, the United States, China, Germany, Brazil, Japan, and internationally. Sri Trang Gloves Public Company Limited is a subsidiary of Sri Trang Agro-Industry Public Company Limited. SRI TRANG operates under Specialty Chemicals classification in Thailand and is traded on Stock Exchange of Thailand.
SRI TRANG Stock Technical Analysis
SRI TRANG 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
SRI TRANG Period Price Range
Low | January 5, 2025
| High |
0.00 | 0.00 |
SRI TRANG GLOVES 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.
SRI TRANG January 5, 2025 Market Strength
Market strength indicators help investors to evaluate how SRI TRANG stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SRI TRANG shares will generate the highest return on investment. By undertsting and applying SRI TRANG stock market strength indicators, traders can identify SRI TRANG GLOVES entry and exit signals to maximize returns
SRI TRANG Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SRI TRANG's price direction in advance. Along with the technical and fundamental analysis of SRI Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SRI 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 | 0.1011 | |||
| Jensen Alpha | 0.4718 | |||
| Total Risk Alpha | 0.4169 | |||
| Sortino Ratio | 0.1477 | |||
| Treynor Ratio | 0.572 |
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for SRI Stock analysis
When running SRI TRANG's price analysis, check to measure SRI TRANG'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 SRI TRANG is operating at the current time. Most of SRI TRANG's value examination focuses on studying past and present price action to predict the probability of SRI TRANG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SRI TRANG's price. Additionally, you may evaluate how the addition of SRI TRANG to your portfolios can decrease your overall portfolio volatility.
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