United Paper (Thailand) Price on December 28, 2024
If you're considering investing in United Stock, it is important to understand the factors that can impact its price. United Paper Public owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.32, which indicates the firm had a -0.32% return per unit of risk over the last 3 months. United Paper Public exposes zero different technical indicators, which can help you to evaluate volatility embedded in its price movement.
United Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
United |
Sharpe Ratio = 0.0
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Based on monthly moving average United Paper 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 United Paper by adding United Paper to a well-diversified portfolio.
United Paper Valuation on December 28, 2024
It is possible to determine the worth of United Paper on a given historical date. On December 28, 2024 United was worth 8.0 at the beginning of the trading date compared to the closed value of 7.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of United Paper stock. Still, in general, we apply an absolute valuation method to find United Paper'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 United Paper where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against United Paper's related companies.
Open | High | Low | Close | Volume | |
7.95 | 8.00 | 7.70 | 7.70 | 391,877 | |
12/27/2024 | 8.00 | 8.00 | 7.75 | 7.80 | 200,476 |
8.00 | 8.00 | 7.75 | 7.80 | 0.00 |
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United Paper Trading Date Momentum on December 28, 2024
On December 30 2024 United Paper Public was traded for 7.80 at the closing time. The maximum traded price for the trading interval was 8.00 and the lowest daily price was 7.75 . There was no trading activity during the period 0.0. Lack of trading volume on 30th of December 2024 did not result in any price rise and fall. The trading price change to the closing price today is 2.56% . |
United Paper Public Fundamentals Correlations and Trends
By evaluating United Paper'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 United Paper's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. United financial account trend analysis is a perfect complement when working with valuation or volatility modules.About United Paper Stock history
United Paper 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 United is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in United Paper Public 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 United Paper stock prices may prove useful in developing a viable investing in United Paper
United Paper Public Company Limited produces and distributes box surface paper and Kraft paper for packaging corrugated boxes in Thailand. The company was founded in 1990 and is headquartered in Bangkok, Thailand. UNITED PAPER operates under Paper Paper Products classification in Thailand and is traded on Stock Exchange of Thailand.
United Paper Stock Technical Analysis
United Paper 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
United Paper Period Price Range
Low | December 30, 2024
| High |
0.00 | 0.00 |
United Paper Public 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.
United Paper December 30, 2024 Market Strength
Market strength indicators help investors to evaluate how United Paper stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading United Paper shares will generate the highest return on investment. By undertsting and applying United Paper stock market strength indicators, traders can identify United Paper Public entry and exit signals to maximize returns
United Paper Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for United Paper's price direction in advance. Along with the technical and fundamental analysis of United Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of United 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 | (0.25) | |||
Jensen Alpha | (0.55) | |||
Total Risk Alpha | (0.60) | |||
Treynor Ratio | 4.41 |
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Other Information on Investing in United Stock
United Paper financial ratios help investors to determine whether United 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 United with respect to the benefits of owning United Paper security.