Tycoons Worldwide (Thailand) Price on December 9, 2024
TYCN Stock | THB 1.98 0.01 0.50% |
If you're considering investing in Tycoons Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tycoons Worldwide stands at 1.98, as last reported on the 13th of December 2024, with the highest price reaching 1.99 and the lowest price hitting 1.98 during the day. Tycoons Worldwide owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.19, which indicates the firm had a -0.19% return per unit of risk over the last 3 months. Tycoons Worldwide Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tycoons Worldwide's Variance of 1.01, risk adjusted performance of (0.13), and Coefficient Of Variation of (551.86) to confirm the risk estimate we provide.
Tycoons Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tycoons |
Sharpe Ratio = -0.187
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Estimated Market Risk
0.99 actual daily | 8 92% of assets are more volatile |
Expected Return
-0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tycoons Worldwide 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 Tycoons Worldwide by adding Tycoons Worldwide to a well-diversified portfolio.
Tycoons Worldwide Valuation on December 9, 2024
It is possible to determine the worth of Tycoons Worldwide on a given historical date. On December 9, 2024 Tycoons was worth 1.99 at the beginning of the trading date compared to the closed value of 1.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tycoons Worldwide stock. Still, in general, we apply an absolute valuation method to find Tycoons Worldwide'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 Tycoons Worldwide where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tycoons Worldwide's related companies.
Open | High | Low | Close | Volume | |
1.99 | 1.99 | 1.99 | 1.99 | 1.00 | |
12/09/2024 | 1.99 | 1.99 | 1.99 | 1.99 | 500.00 |
1.99 | 1.99 | 1.98 | 1.98 | 19,000 |
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Tycoons Worldwide Trading Date Momentum on December 9, 2024
On December 11 2024 Tycoons Worldwide Group was traded for 1.98 at the closing time. The highest price during the trading period was 1.99 and the lowest recorded bid was listed for 1.98 . The volume for the day was 19 K. This history from December 11, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.50% . The trading price change to the current price is 0.50% . |
Tycoons Worldwide Fundamentals Correlations and Trends
By evaluating Tycoons Worldwide'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 Tycoons Worldwide's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tycoons financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tycoons Worldwide Stock history
Tycoons Worldwide 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 Tycoons is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tycoons Worldwide 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 Tycoons Worldwide stock prices may prove useful in developing a viable investing in Tycoons Worldwide
Tycoons Worldwide Group Public Company Limited, together with its subsidiaries, manufactures and distributes steel wire rods, steel annealing wires, reinforced concrete bars, steel screws, and wire products in Thailand. Tycoons Worldwide Group Public Company Limited is a subsidiary of Tycoons Group International Co., Ltd. TYCOONS WORLDWIDE operates under Steel classification in Thailand and is traded on Stock Exchange of Thailand.
Tycoons Worldwide Stock Technical Analysis
Tycoons Worldwide 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
Tycoons Worldwide Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Tycoons Worldwide Group 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.
Tycoons Worldwide December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Tycoons Worldwide stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tycoons Worldwide shares will generate the highest return on investment. By undertsting and applying Tycoons Worldwide stock market strength indicators, traders can identify Tycoons Worldwide Group entry and exit signals to maximize returns
Tycoons Worldwide Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tycoons Worldwide's price direction in advance. Along with the technical and fundamental analysis of Tycoons Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tycoons 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 | (0.13) | |||
Jensen Alpha | (0.20) | |||
Total Risk Alpha | (0.33) | |||
Treynor Ratio | (3.53) |
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Other Information on Investing in Tycoons Stock
Tycoons Worldwide financial ratios help investors to determine whether Tycoons 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 Tycoons with respect to the benefits of owning Tycoons Worldwide security.