Thanachart Capital (Thailand) Price on November 28, 2024
| TCAP Stock | THB 49.00 0.50 1.01% |
If you're considering investing in Thanachart Stock, it is important to understand the factors that can impact its price. As of today, the current price of Thanachart Capital stands at 49.00, as last reported on the 30th of November, with the highest price reaching 49.50 and the lowest price hitting 49.00 during the day. As of now, Thanachart Stock is very steady. Thanachart Capital Public owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0251, which indicates the firm had a 0.0251% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Thanachart Capital Public, which you can use to evaluate the volatility of the company. Please validate Thanachart Capital's Coefficient Of Variation of 9802.61, risk adjusted performance of 0.0108, and Semi Deviation of 0.9729 to confirm if the risk estimate we provide is consistent with the expected return of 0.0273%.
Thanachart Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Thanachart |
Sharpe Ratio = 0.0251
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| Negative Returns | TCAP |
Estimated Market Risk
| 1.09 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 1 99% of assets perform better |
Based on monthly moving average Thanachart Capital is performing at about 1% 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 Thanachart Capital by adding it to a well-diversified portfolio.
Thanachart Capital Valuation on November 28, 2024
It is possible to determine the worth of Thanachart Capital on a given historical date. On November 28, 2024 Thanachart was worth 49.0 at the beginning of the trading date compared to the closed value of 49.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thanachart Capital stock. Still, in general, we apply an absolute valuation method to find Thanachart Capital'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 Thanachart Capital where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thanachart Capital's related companies.
| Open | High | Low | Close | Volume | |
| 49.50 | 49.75 | 49.25 | 49.25 | 1,235,183 | |
11/28/2024 | 49.00 | 49.75 | 49.00 | 49.50 | 1,472,453 |
| 49.25 | 49.50 | 49.00 | 49.00 | 1,444,468 |
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Thanachart Capital Trading Date Momentum on November 28, 2024
| On November 29 2024 Thanachart Capital Public was traded for 49.00 at the closing time. The highest price during the trading period was 49.50 and the lowest recorded bid was listed for 49.00 . The volume for the day was 1.4 M. This history from November 29, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 1.01% . The trading price change to the current price is 0.51% . |
Thanachart Capital Public Fundamentals Correlations and Trends
By evaluating Thanachart Capital'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 Thanachart Capital's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Thanachart financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Thanachart Capital Stock history
Thanachart Capital 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 Thanachart is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Thanachart Capital 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 Thanachart Capital stock prices may prove useful in developing a viable investing in Thanachart Capital
Thanachart Capital Public Company Limited, an investment holding company, provides various financial services in Thailand. Thanachart Capital Public Company Limited was founded in 1959 and is based in Bangkok, Thailand. THANACHART CAPITAL operates under Banks - Regional - Asia classification in Thailand and is traded on Stock Exchange of Thailand.
Thanachart Capital Stock Technical Analysis
Thanachart Capital 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
Thanachart Capital Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Thanachart Capital 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.
Thanachart Capital November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Thanachart Capital stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Thanachart Capital shares will generate the highest return on investment. By undertsting and applying Thanachart Capital stock market strength indicators, traders can identify Thanachart Capital Public entry and exit signals to maximize returns
Thanachart Capital Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Thanachart Capital's price direction in advance. Along with the technical and fundamental analysis of Thanachart Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Thanachart 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 | 0.0108 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.1) | |||
| Treynor Ratio | 0.0051 |
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Other Information on Investing in Thanachart Stock
Thanachart Capital financial ratios help investors to determine whether Thanachart 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 Thanachart with respect to the benefits of owning Thanachart Capital security.