Thaicom Public (Thailand) Price on September 22, 2023

THCOM-R Stock  THB 13.70  0.52  3.95%   
If you're considering investing in Thaicom Stock, it is important to understand the factors that can impact its price. As of today, the current price of Thaicom Public stands at 13.70, as last reported on the 4th of December, with the highest price reaching 13.70 and the lowest price hitting 13.30 during the day. Currently, Thaicom Public is very steady. Thaicom Public 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. We have found twenty-four technical indicators for Thaicom Public, which you can use to evaluate the volatility of the company. Please validate Thaicom Public's Variance of 0.9968, risk adjusted performance of 0.1122, and Coefficient Of Variation of 694.34 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%.
  
Thaicom Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1639

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Estimated Market Risk

 1.01
  actual daily
8
92% of assets are more volatile

Expected Return

 0.17
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.16
  actual daily
12
88% of assets perform better
Based on monthly moving average Thaicom Public is performing at about 12% 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 Thaicom Public by adding it to a well-diversified portfolio.

Thaicom Public Valuation on September 22, 2023

It is possible to determine the worth of Thaicom Public on a given historical date. On September 22, 2023 Thaicom was worth 12.38 at the beginning of the trading date compared to the closed value of 12.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thaicom Public stock. Still, in general, we apply an absolute valuation method to find Thaicom Public'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 Thaicom Public where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thaicom Public's related companies.
 Open High Low Close Volume
  12.38    12.38    12.38    12.38    1.00  
09/22/2023
  12.38    12.38    12.38    12.38    1.00  
  12.38    12.38    12.38    12.38    1.00  
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Open Value
12.38
12.38
Closing Value
15.42
Upside

Thaicom Public Trading Date Momentum on September 22, 2023

On September 25 2023 Thaicom Public was traded for  12.38  at the closing time. The highest price during the trading period was 12.38  and the lowest recorded bid was listed for  12.38 . There was no trading activity during the period 1.0. Lack of trading volume on September 25, 2023 did not result in any price rise and fall. The trading price change to the current price is 0.00% .

Thaicom Public Fundamentals Correlations and Trends

By evaluating Thaicom Public'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 Thaicom Public's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Thaicom financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Thaicom Public Stock history

Thaicom Public 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 Thaicom is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Thaicom 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 Thaicom Public stock prices may prove useful in developing a viable investing in Thaicom Public

Thaicom Public Stock Technical Analysis

Thaicom Public 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.
A focus of Thaicom Public technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Thaicom Public trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Thaicom Public Period Price Range

Low
December 4, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Thaicom 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.

Thaicom Public December 4, 2024 Market Strength

Market strength indicators help investors to evaluate how Thaicom Public stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Thaicom Public shares will generate the highest return on investment. By undertsting and applying Thaicom Public stock market strength indicators, traders can identify Thaicom Public entry and exit signals to maximize returns

Thaicom Public Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Thaicom Public's price direction in advance. Along with the technical and fundamental analysis of Thaicom Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Thaicom 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.

Additional Tools for Thaicom Stock Analysis

When running Thaicom Public's price analysis, check to measure Thaicom Public'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 Thaicom Public is operating at the current time. Most of Thaicom Public's value examination focuses on studying past and present price action to predict the probability of Thaicom Public's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thaicom Public's price. Additionally, you may evaluate how the addition of Thaicom Public to your portfolios can decrease your overall portfolio volatility.