Asia Aviation (Thailand) Price on October 8, 2024
| AAV Stock | THB 2.80 0.08 2.78% |
If you're considering investing in Asia Stock, it is important to understand the factors that can impact its price. As of today, the current price of Asia Aviation stands at 2.80, as last reported on the 26th of November, with the highest price reaching 2.90 and the lowest price hitting 2.80 during the day. Asia Aviation is out of control given 3 months investment horizon. Asia Aviation Public secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 14.57% are justified by taking the suggested risk. Use Asia Aviation Risk Adjusted Performance of 0.1546, downside deviation of 2.35, and Mean Deviation of 1.61 to evaluate company specific risk that cannot be diversified away.
Asia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Asia |
Sharpe Ratio = 0.1149
| Best Portfolio | Best Equity | AAV | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 126.81 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.11 actual daily | 9 91% of assets perform better |
Based on monthly moving average Asia Aviation is performing at about 9% 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 Asia Aviation by adding it to a well-diversified portfolio.
Asia Aviation Valuation on October 8, 2024
It is possible to determine the worth of Asia Aviation on a given historical date. On October 8, 2024 Asia was worth 2.52 at the beginning of the trading date compared to the closed value of 2.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Asia Aviation stock. Still, in general, we apply an absolute valuation method to find Asia Aviation'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 Asia Aviation where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Asia Aviation's related companies.
| Open | High | Low | Close | Volume | |
| 2.50 | 2.56 | 2.48 | 2.54 | 49,051,977 | |
10/08/2024 | 2.52 | 2.64 | 2.52 | 2.60 | 72,229,230 |
| 2.68 | 2.70 | 2.64 | 2.64 | 114,372,869 |
| Backtest Asia Aviation | | | Asia Aviation History | | | Asia Aviation Valuation | Previous | Next |
Asia Aviation Trading Date Momentum on October 8, 2024
| On October 09 2024 Asia Aviation Public was traded for 2.64 at the closing time. The maximum traded price for the trading interval was 2.70 and the lowest daily price was 2.64 . The daily volume was recorded at 114.4 M. The volume of trading on 9th of October 2024 played a part in the next trading day price upswing. The overall trading delta to the next closing price was 1.54% . The overall trading delta to the closing price today is 4.62% . |
Asia Aviation Public Fundamentals Correlations and Trends
By evaluating Asia Aviation'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 Asia Aviation's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Asia financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Asia Aviation Stock history
Asia Aviation 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 Asia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Asia Aviation 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 Asia Aviation stock prices may prove useful in developing a viable investing in Asia Aviation
Asia Aviation Public Company Limited, through its subsidiary, provides airline services primarily in Thailand. Asia Aviation Public Company Limited was founded in 2004 and is headquartered in Bangkok, Thailand. ASIA AVIATION operates under Airlines classification in Thailand and is traded on Stock Exchange of Thailand.
Asia Aviation Stock Technical Analysis
Asia Aviation 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
Asia Aviation Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Asia Aviation 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.
Asia Aviation November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Asia Aviation stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Asia Aviation shares will generate the highest return on investment. By undertsting and applying Asia Aviation stock market strength indicators, traders can identify Asia Aviation Public entry and exit signals to maximize returns
Asia Aviation Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Asia Aviation's price direction in advance. Along with the technical and fundamental analysis of Asia Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Asia 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 | 0.1546 | |||
| Jensen Alpha | 0.4022 | |||
| Total Risk Alpha | 0.0763 | |||
| Sortino Ratio | 0.1304 | |||
| Treynor Ratio | 2.24 |
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| Volume Indicators |
Other Information on Investing in Asia Stock
Asia Aviation financial ratios help investors to determine whether Asia 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 Asia with respect to the benefits of owning Asia Aviation security.