TOA PAINT (Thailand) Price on November 16, 2023
TOA-R Stock | THB 14.70 0.10 0.68% |
If you're considering investing in TOA Stock, it is important to understand the factors that can impact its price. As of today, the current price of TOA PAINT stands at 14.70, as last reported on the 28th of December, with the highest price reaching 15.00 and the lowest price hitting 14.50 during the day. TOA PAINT retains Efficiency (Sharpe Ratio) of -0.15, which indicates the firm had a -0.15% return per unit of risk over the last 3 months. TOA PAINT exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TOA PAINT's standard deviation of 5.16, and Risk Adjusted Performance of (0.11) to confirm the risk estimate we provide.
TOA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
TOA |
Sharpe Ratio = -0.1535
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Estimated Market Risk
5.33 actual daily | 47 53% of assets are more volatile |
Expected Return
-0.82 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average TOA PAINT 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 TOA PAINT by adding TOA PAINT to a well-diversified portfolio.
TOA PAINT Valuation on November 16, 2023
It is possible to determine the worth of TOA PAINT on a given historical date. On November 16, 2023 TOA was worth 26.82 at the beginning of the trading date compared to the closed value of 26.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TOA PAINT stock. Still, in general, we apply an absolute valuation method to find TOA PAINT'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 TOA PAINT where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TOA PAINT's related companies.
Open | High | Low | Close | Volume | |
26.82 | 26.82 | 26.82 | 26.82 | 1.00 | |
11/16/2023 | 26.82 | 26.82 | 26.82 | 26.82 | 1.00 |
26.82 | 26.82 | 26.82 | 26.82 | 1.00 |
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TOA PAINT Trading Date Momentum on November 16, 2023
On November 17 2023 TOA PAINT was traded for 26.82 at the closing time. The highest price during the trading period was 26.82 and the lowest recorded bid was listed for 26.82 . There was no trading activity during the period 1.0. Lack of trading volume on November 17, 2023 did not result in any price rise and fall. The trading price change to the current price is 0.00% . |
TOA PAINT Fundamentals Correlations and Trends
By evaluating TOA PAINT'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 TOA PAINT's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TOA financial account trend analysis is a perfect complement when working with valuation or volatility modules.About TOA PAINT Stock history
TOA PAINT 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 TOA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TOA PAINT 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 TOA PAINT stock prices may prove useful in developing a viable investing in TOA PAINT
TOA Paint Public Company Limited, together with its subsidiaries, manufactures and distributes paints and chemicals in Thailand and Southeast Asia. TOA Paint Public Company Limited was incorporated in 1977 and is headquartered in Bang Sao Thong, Thailand. TOA PAINT is traded on Stock Exchange of Thailand in Thailand.
TOA PAINT Stock Technical Analysis
TOA PAINT 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
TOA PAINT Period Price Range
Low | December 28, 2024
| High |
0.00 | 0.00 |
TOA PAINT 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.
TOA PAINT December 28, 2024 Market Strength
Market strength indicators help investors to evaluate how TOA PAINT stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TOA PAINT shares will generate the highest return on investment. By undertsting and applying TOA PAINT stock market strength indicators, traders can identify TOA PAINT entry and exit signals to maximize returns
TOA PAINT Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TOA PAINT's price direction in advance. Along with the technical and fundamental analysis of TOA Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TOA 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 | (0.11) | |||
Jensen Alpha | (0.77) | |||
Total Risk Alpha | (0.92) | |||
Treynor Ratio | 2.29 |
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Complementary Tools for TOA Stock analysis
When running TOA PAINT's price analysis, check to measure TOA PAINT'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 TOA PAINT is operating at the current time. Most of TOA PAINT's value examination focuses on studying past and present price action to predict the probability of TOA PAINT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TOA PAINT's price. Additionally, you may evaluate how the addition of TOA PAINT to your portfolios can decrease your overall portfolio volatility.
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