Thai Vegetable (Thailand) Price on December 14, 2023

TVO Stock  THB 22.70  0.50  2.16%   
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 Vegetable stands at 22.70, as last reported on the 11th of December 2024, with the highest price reaching 23.40 and the lowest price hitting 22.70 during the day. Thai Vegetable Oil owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0964, which indicates the firm had a -0.0964% return per unit of risk over the last 3 months. Thai Vegetable Oil exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Thai Vegetable's Semi Deviation of 1.0, risk adjusted performance of 0.0244, and Coefficient Of Variation of 3563.44 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.

Sharpe Ratio = -0.0964

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Estimated Market Risk

 1.1
  actual daily
9
91% of assets are more volatile

Expected Return

 -0.11
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.1
  actual daily
0
Most of other assets perform better
Based on monthly moving average Thai Vegetable 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 Vegetable by adding Thai Vegetable to a well-diversified portfolio.

Thai Vegetable Valuation on December 14, 2023

It is possible to determine the worth of Thai Vegetable on a given historical date. On December 14, 2023 Thai was worth 19.26 at the beginning of the trading date compared to the closed value of 19.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thai Vegetable stock. Still, in general, we apply an absolute valuation method to find Thai Vegetable'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 Vegetable where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thai Vegetable's related companies.
 Open High Low Close Volume
  19.45    19.54    19.17    19.45    626,411  
12/14/2023
  19.26    19.45    19.26    19.35    258,559  
  19.45    19.82    19.35    19.82    704,001  
Backtest Thai Vegetable  |  Thai Vegetable History  |  Thai Vegetable Valuation   PreviousNext  
Open Value
19.26
19.35
Closing Value
22.55
Upside

Thai Vegetable Trading Date Momentum on December 14, 2023

On December 15 2023 Thai Vegetable Oil was traded for  19.82  at the closing time. The maximum traded price for the trading interval was 19.82  and the lowest daily price was  19.35 . The daily volume was recorded at 704 K. The volume of trading on 15th of December 2023 played a part in the next trading day price upswing. The trading price change to the next closing price was 2.43% . The trading price change to the closing price today is 1.45% .

Thai Vegetable Oil Fundamentals Correlations and Trends

By evaluating Thai Vegetable'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 Vegetable'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 Vegetable Stock history

Thai Vegetable 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 Vegetable Oil 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 Vegetable stock prices may prove useful in developing a viable investing in Thai Vegetable
Thai Vegetable Oil Public Company Limited manufactures and distributes soy meal and soybean oil in Thailand. Thai Vegetable Oil Public Company Limited was founded in 1985 and is headquartered in Bangkok, Thailand. THAI VEGETABLE operates under Packaged Foods classification in Thailand and is traded on Stock Exchange of Thailand.

Thai Vegetable Stock Technical Analysis

Thai Vegetable 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 Thai Vegetable technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Thai Vegetable 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

Thai Vegetable Period Price Range

Low
December 11, 2024
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High

 0.00 

     

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Thai Vegetable Oil 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 Vegetable December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Thai Vegetable 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 Vegetable shares will generate the highest return on investment. By undertsting and applying Thai Vegetable stock market strength indicators, traders can identify Thai Vegetable Oil entry and exit signals to maximize returns

Thai Vegetable Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Thai Vegetable'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.

Other Information on Investing in Thai Stock

Thai Vegetable 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 Vegetable security.