Sahamit Machinery (Thailand) Price History

SMIT Stock  THB 3.96  0.02  0.50%   
If you're considering investing in Sahamit Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sahamit Machinery stands at 3.96, as last reported on the 23rd of December, with the highest price reaching 3.98 and the lowest price hitting 3.94 during the day. Sahamit Machinery Public owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.13, which indicates the firm had a -0.13% return per unit of risk over the last 3 months. Sahamit Machinery Public exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sahamit Machinery's Coefficient Of Variation of (947.52), risk adjusted performance of (0.09), and Variance of 0.4693 to confirm the risk estimate we provide.
  
Sahamit Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1332

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Estimated Market Risk

 0.71
  actual daily
6
94% of assets are more volatile

Expected Return

 -0.09
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average Sahamit Machinery 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 Sahamit Machinery by adding Sahamit Machinery to a well-diversified portfolio.

Sahamit Machinery Stock Price History Chart

There are several ways to analyze Sahamit Stock price data. The simplest method is using a basic Sahamit candlestick price chart, which shows Sahamit Machinery price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceSeptember 26, 20244.22
Lowest PriceDecember 18, 20243.96

Sahamit Machinery December 23, 2024 Stock Price Synopsis

Various analyses of Sahamit Machinery's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Sahamit Stock. It can be used to describe the percentage change in the price of Sahamit Machinery from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Sahamit Stock.
Sahamit Machinery Price Action Indicator(0.01)
Sahamit Machinery Price Daily Balance Of Power(0.50)
Sahamit Machinery Price Rate Of Daily Change 0.99 

Sahamit Machinery December 23, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Sahamit Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Sahamit Machinery intraday prices and daily technical indicators to check the level of noise trading in Sahamit Stock and then apply it to test your longer-term investment strategies against Sahamit.

Sahamit Stock Price History Data

The price series of Sahamit Machinery for the period between Tue, Sep 24, 2024 and Mon, Dec 23, 2024 has a statistical range of 0.26 with a coefficient of variation of 1.87. The price distribution for the period has arithmetic mean of 4.1. The median price for the last 90 days is 4.12. The company had dividends distributed to its stock-holders on 2022-08-26.
OpenHighLowCloseVolume
12/23/2024
 3.96  3.98  3.94  3.96 
12/20/2024 3.96  3.98  3.94  3.96  16,201 
12/19/2024 3.96  4.00  3.96  3.98  12,743 
12/18/2024 3.96  3.98  3.96  3.96  25,600 
12/17/2024 4.04  4.04  3.96  4.00  3,200 
12/16/2024 3.94  4.00  3.94  3.98  17,813 
12/13/2024 4.02  4.04  4.00  4.02  4,908 
12/12/2024 4.02  4.02  4.02  4.02  2,041 
12/11/2024 4.04  4.06  4.02  4.02  8,101 
12/09/2024 4.04  4.04  4.00  4.04  25,208 
12/06/2024 4.06  4.08  4.04  4.04  4,600 
12/04/2024 4.06  4.10  4.06  4.08  10,401 
12/03/2024 4.04  4.06  4.02  4.06  60,422 
12/02/2024 4.06  4.06  4.04  4.04  30,800 
11/29/2024 4.06  4.06  4.04  4.06  6,812 
11/28/2024 4.06  4.06  4.06  4.06  3,511 
11/27/2024 4.08  4.08  4.04  4.08  6,200 
11/26/2024 4.06  4.10  4.06  4.08  10,200 
11/25/2024 4.12  4.12  4.08  4.08  19,911 
11/22/2024 4.10  4.14  4.10  4.10  13,690 
11/21/2024 4.12  4.16  4.12  4.12  25,700 
11/20/2024 4.16  4.18  4.10  4.12  13,500 
11/19/2024 4.16  4.18  4.10  4.16  74,728 
11/18/2024 4.02  4.16  4.02  4.14  31,201 
11/15/2024 4.06  4.10  4.06  4.10  8,850 
11/14/2024 4.12  4.12  4.04  4.10  3,200 
11/13/2024 4.08  4.18  4.04  4.12  94,619 
11/12/2024 4.08  4.08  4.02  4.08  5,200 
11/11/2024 4.16  4.16  4.02  4.08  17,751 
11/08/2024 4.16  4.16  4.00  4.02  7,200 
11/07/2024 4.00  4.04  3.98  4.00  115,239 
11/06/2024 4.02  4.04  4.00  4.04  10,901 
11/05/2024 3.98  4.00  3.98  4.00  96,792 
11/04/2024 3.98  4.02  3.98  3.98  72,400 
11/01/2024 4.00  4.00  3.94  3.98  95,101 
10/31/2024 4.00  4.00  3.98  4.00  31,108 
10/30/2024 4.04  4.04  3.98  3.98  93,802 
10/29/2024 4.06  4.06  4.06  4.06  1.00 
10/28/2024 4.10  4.10  4.06  4.06  98,000 
10/25/2024 4.18  4.18  4.18  4.18  1.00 
10/24/2024 4.20  4.20  4.14  4.18  71,040 
10/22/2024 4.20  4.20  4.18  4.20  10,350 
10/21/2024 4.16  4.20  4.14  4.20  8,216 
10/18/2024 4.18  4.20  4.16  4.16  30,515 
10/17/2024 4.16  4.20  4.14  4.16  10,800 
10/16/2024 4.18  4.18  4.18  4.18  1.00 
10/15/2024 4.18  4.18  4.10  4.18  52,326 
10/11/2024 4.16  4.16  4.16  4.16  1.00 
10/10/2024 4.18  4.20  4.14  4.16  69,900 
10/09/2024 4.20  4.20  4.14  4.16  24,915 
10/08/2024 4.16  4.22  4.10  4.18  48,878 
10/07/2024 4.20  4.20  4.18  4.20  8,515 
10/04/2024 4.14  4.16  4.14  4.16  15,421 
10/03/2024 4.18  4.18  4.14  4.16  27,100 
10/02/2024 4.20  4.20  4.16  4.16  55,536 
10/01/2024 4.18  4.20  4.16  4.18  130,400 
09/30/2024 4.20  4.24  4.16  4.18  110,700 
09/27/2024 4.22  4.22  4.20  4.22  31,530 
09/26/2024 4.22  4.22  4.18  4.22  64,861 
09/25/2024 4.20  4.46  4.18  4.20  420,600 
09/24/2024 4.24  4.24  4.16  4.20  51,307 

About Sahamit Machinery Stock history

Sahamit Machinery 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 Sahamit is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sahamit Machinery 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 Sahamit Machinery stock prices may prove useful in developing a viable investing in Sahamit Machinery
Sahamit Machinery Public Company Limited imports and distributes materials, machinery, and appliances for industries in Thailand. The company was founded in 1973 and is headquartered in Bangkok, Thailand. SAHAMIT MACHINERY operates under Diversified Industrials classification in Thailand and is traded on Stock Exchange of Thailand.

Sahamit Machinery Stock Technical Analysis

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

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Sahamit Machinery Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Sahamit Machinery's price direction in advance. Along with the technical and fundamental analysis of Sahamit Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sahamit 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 Sahamit Stock

Sahamit Machinery financial ratios help investors to determine whether Sahamit 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 Sahamit with respect to the benefits of owning Sahamit Machinery security.