Thai Packaging (Thailand) Price on December 11, 2024
| TPP Stock | THB 12.60 0.10 0.80% |
If you're considering investing in Thai Stock, it is important to understand the factors that can impact its price. As of today, the current price of Thai Packaging stands at 12.60, as last reported on the 13th of December 2024, with the highest price reaching 12.70 and the lowest price hitting 12.60 during the day. Thai Packaging is out of control given 3 months investment horizon. Thai Packaging Printing owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We were able to interpolate data for twenty-two different technical indicators, which can help you to evaluate if expected returns of 14.94% are justified by taking the suggested risk. Use Thai Packaging Printing Variance of 5.28, risk adjusted performance of 0.0037, and Coefficient Of Variation of (22,917) to evaluate company specific risk that cannot be diversified away.
Thai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Thai |
Sharpe Ratio = 0.1149
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Estimated Market Risk
| 129.99 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.11 actual daily | 9 91% of assets perform better |
Based on monthly moving average Thai Packaging 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 Thai Packaging by adding it to a well-diversified portfolio.
Thai Packaging Valuation on December 11, 2024
It is possible to determine the worth of Thai Packaging on a given historical date. On December 11, 2024 Thai was worth 12.3 at the beginning of the trading date compared to the closed value of 12.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thai Packaging stock. Still, in general, we apply an absolute valuation method to find Thai Packaging'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 Thai Packaging where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thai Packaging's related companies.
| Open | High | Low | Close | Volume | |
| 12.40 | 12.40 | 12.40 | 12.40 | 1.00 | |
12/11/2024 | 12.30 | 14.40 | 12.30 | 12.50 | 6,400 |
| 12.70 | 12.70 | 12.60 | 12.60 | 300.00 |
| Backtest Thai Packaging | | | Thai Packaging History | | | Thai Packaging Valuation | Previous | Next |
Thai Packaging Trading Date Momentum on December 11, 2024
| On December 12 2024 Thai Packaging Printing was traded for 12.60 at the closing time. The maximum traded price for the trading interval was 12.70 and the lowest daily price was 12.60 . The daily volume was recorded at 300. The volume of trading on 12th of December 2024 played a part in the next trading day price upswing. The trading price change to the next closing price was 0.80% . The trading price change to the closing price today is 1.60% . |
Thai Packaging Printing Fundamentals Correlations and Trends
By evaluating Thai Packaging'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 Thai Packaging's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Thai financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Thai Packaging Stock history
Thai Packaging 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 Thai is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Thai Packaging Printing 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 Thai Packaging stock prices may prove useful in developing a viable investing in Thai Packaging
Thai Packaging Printing Public Company Limited manufactures and distributes box packaging products in Thailand. Thai Packaging Printing Public Company Limited was founded in 1983 and is based in Bang Phli, Thailand. THAI PACKAGING operates under Packaging Containers classification in Thailand and is traded on Stock Exchange of Thailand.
Thai Packaging Stock Technical Analysis
Thai Packaging 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
Thai Packaging Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Thai Packaging Printing 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 Packaging December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Thai Packaging 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 Packaging shares will generate the highest return on investment. By undertsting and applying Thai Packaging stock market strength indicators, traders can identify Thai Packaging Printing entry and exit signals to maximize returns
Thai Packaging Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Thai Packaging'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 | 0.0037 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | (0.09) |
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Other Information on Investing in Thai Stock
Thai Packaging 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 Packaging security.