Asia Green (Thailand) Price on May 29, 2023
| AGE Stock | THB 1.23 0.01 0.82% |
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 Green stands at 1.23, as last reported on the 27th of November, with the highest price reaching 1.25 and the lowest price hitting 1.22 during the day. Asia Green is out of control given 3 months investment horizon. Asia Green Energy 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 analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 14.49% are justified by taking the suggested risk. Use Asia Green Risk Adjusted Performance of 0.0096, downside deviation of 2.06, and Mean Deviation of 1.13 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 = 0.1133
| Best Portfolio | Best Equity | AGE | ||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 127.86 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 | 8 92% of assets perform better |
Based on monthly moving average Asia Green is performing at about 8% 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 Green by adding it to a well-diversified portfolio.
Asia Green Valuation on May 29, 2023
It is possible to determine the worth of Asia Green on a given historical date. On May 29, 2023 Asia was worth 2.47 at the beginning of the trading date compared to the closed value of 2.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Asia Green stock. Still, in general, we apply an absolute valuation method to find Asia Green'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 Green where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Asia Green's related companies.
| Open | High | Low | Close | Volume | |
| 2.48 | 2.48 | 2.39 | 2.43 | 1,892,300 | |
05/29/2023 | 2.47 | 2.47 | 2.41 | 2.43 | 1,221,400 |
| 2.43 | 2.45 | 2.41 | 2.41 | 1,304,600 |
| Backtest Asia Green | | | Asia Green History | | | Asia Green Valuation | Previous | Next |
Asia Green Trading Date Momentum on May 29, 2023
| On May 30 2023 Asia Green Energy was traded for 2.41 at the closing time. The maximum traded price for the trading interval was 2.45 and the lowest daily price was 2.41 . The daily volume was recorded at 1.3 M. The volume of trading on 30th of May 2023 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.82% . The overall trading delta to the closing price today is 0.82% . |
Asia Green Energy Fundamentals Correlations and Trends
By evaluating Asia Green'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 Green'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 Green Stock history
Asia Green 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 Green Energy 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 Green stock prices may prove useful in developing a viable investing in Asia Green
Asia Green Energy Public Company Limited imports, distributes, and sells bituminous coal for industrial use in Thailand and internationally. The company was founded in 2004 and is headquartered in Bangkok, Thailand. ASIA GREEN operates under Coal classification in Thailand and is traded on Stock Exchange of Thailand.
Asia Green Stock Technical Analysis
Asia Green 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 Green Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Asia Green Energy 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 Green November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Asia Green 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 Green shares will generate the highest return on investment. By undertsting and applying Asia Green stock market strength indicators, traders can identify Asia Green Energy entry and exit signals to maximize returns
Asia Green Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Asia Green'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 | 0.0096 | |||
| Jensen Alpha | 0.018 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0071 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Asia Stock
Asia Green 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 Green security.