Thailand Prime (Thailand) Price on October 16, 2023
TPRIME Stock | THB 8.00 0.35 4.58% |
If you're considering investing in Thailand Stock, it is important to understand the factors that can impact its price. As of today, the current price of Thailand Prime stands at 8.00, as last reported on the 4th of December, with the highest price reaching 8.00 and the lowest price hitting 7.55 during the day. Thailand Prime appears to be somewhat reliable, given 3 months investment horizon. Thailand Prime Property owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the firm had a 0.17% return per unit of risk over the last 3 months. We have found thirty technical indicators for Thailand Prime Property, which you can use to evaluate the volatility of the company. Please review Thailand Prime's Risk Adjusted Performance of 0.1445, semi deviation of 1.19, and Coefficient Of Variation of 554.8 to confirm if our risk estimates are consistent with your expectations.
Thailand Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Thailand |
Sharpe Ratio = 0.17
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Estimated Market Risk
2.53 actual daily | 22 78% of assets are more volatile |
Expected Return
0.43 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Thailand Prime is performing at about 13% 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 Thailand Prime by adding it to a well-diversified portfolio.
Thailand Prime Valuation on October 16, 2023
It is possible to determine the worth of Thailand Prime on a given historical date. On October 16, 2023 Thailand was worth 6.83 at the beginning of the trading date compared to the closed value of 6.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thailand Prime stock. Still, in general, we apply an absolute valuation method to find Thailand Prime'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 Thailand Prime where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thailand Prime's related companies.
Open | High | Low | Close | Volume | |
7.06 | 7.06 | 6.92 | 6.92 | 700.00 | |
10/16/2023 | 6.83 | 6.88 | 6.83 | 6.83 | 5,700 |
6.83 | 6.83 | 6.79 | 6.83 | 13,300 |
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Thailand Prime Trading Date Momentum on October 16, 2023
On October 17 2023 Thailand Prime Property was traded for 6.83 at the closing time. The highest price during the trading period was 6.83 and the lowest recorded bid was listed for 6.79 . The volume for the day was 13.3 K. This history from October 17, 2023 did not result in any price rise and fall. The trading price change to the current price is 2.05% . |
Thailand Prime Property Fundamentals Correlations and Trends
By evaluating Thailand Prime'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 Thailand Prime's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Thailand financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Thailand Prime Stock history
Thailand Prime 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 Thailand is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Thailand Prime Property 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 Thailand Prime stock prices may prove useful in developing a viable investing in Thailand Prime
Thailand Prime Property Freehold and Leasehold Real Estate Investment Trust is a real estate investment trust externally managed by SCCP REIT Company Limited. Thailand Prime Property Freehold and Leasehold Real Estate Investment Trust is based in Bangkok, Thailand. THAILAND PRIME operates under REIT - Office classification in Thailand and is traded on Stock Exchange of Thailand.
Thailand Prime Stock Technical Analysis
Thailand Prime 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
Thailand Prime Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Thailand Prime Property 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.
Thailand Prime December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Thailand Prime stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Thailand Prime shares will generate the highest return on investment. By undertsting and applying Thailand Prime stock market strength indicators, traders can identify Thailand Prime Property entry and exit signals to maximize returns
Thailand Prime Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Thailand Prime's price direction in advance. Along with the technical and fundamental analysis of Thailand Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Thailand 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 | 0.1445 | |||
Jensen Alpha | 0.4127 | |||
Total Risk Alpha | 0.1015 | |||
Sortino Ratio | 0.1669 | |||
Treynor Ratio | 1.75 |
Cycle Indicators | ||
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Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Thailand Stock analysis
When running Thailand Prime's price analysis, check to measure Thailand Prime'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 Thailand Prime is operating at the current time. Most of Thailand Prime's value examination focuses on studying past and present price action to predict the probability of Thailand Prime's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thailand Prime's price. Additionally, you may evaluate how the addition of Thailand Prime to your portfolios can decrease your overall portfolio volatility.
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