Thai Industrial (Thailand) Price on April 28, 2023
If you're considering investing in Thai Stock, it is important to understand the factors that can impact its price. Thai Industrial owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0125, which indicates the firm had a -0.0125% return per unit of risk over the last 3 months. Thai Industrial exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Thai Industrial's Variance of 2.45, insignificant risk adjusted performance, and Coefficient Of Variation of (8,020) to confirm the risk estimate we provide.
Thai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Thai |
Sharpe Ratio = -0.0125
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TIF1 |
Estimated Market Risk
| 1.57 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Thai Industrial 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 Thai Industrial by adding Thai Industrial to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
Thai Industrial Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Thai Industrial 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.
Thai Industrial December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Thai Industrial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Thai Industrial shares will generate the highest return on investment. By undertsting and applying Thai Industrial stock market strength indicators, traders can identify Thai Industrial entry and exit signals to maximize returns
Thai Industrial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Thai Industrial's price direction in advance. Along with the technical and fundamental analysis of Thai Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Thai 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) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | 0.1195 |
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| Math Transform | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Thai Stock
Thai Industrial financial ratios help investors to determine whether Thai 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 Thai with respect to the benefits of owning Thai Industrial security.