AJ Plast (Thailand) Price on November 30, 2023
AJ Stock | 4.52 0.18 3.83% |
If you're considering investing in AJ Plast Stock, it is important to understand the factors that can impact its price. As of today, the current price of AJ Plast stands at 4.52, as last reported on the 11th of December 2024, with the highest price reaching 4.66 and the lowest price hitting 4.50 during the day. AJ Plast Public retains Efficiency (Sharpe Ratio) of -0.26, which signifies that the company had a -0.26% return per unit of price deviation over the last 3 months. AJ Plast exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AJ Plast's Information Ratio of (0.27), market risk adjusted performance of 1.78, and Variance of 2.26 to double-check the risk estimate we provide.
AJ Plast Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
AJ Plast |
Sharpe Ratio = -0.2609
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Estimated Market Risk
1.36 actual daily | 12 88% of assets are more volatile |
Expected Return
-0.36 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.26 actual daily | 0 Most of other assets perform better |
Based on monthly moving average AJ Plast 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 AJ Plast by adding AJ Plast to a well-diversified portfolio.
AJ Plast Valuation on November 30, 2023
It is possible to determine the worth of AJ Plast on a given historical date. On November 30, 2023 AJ Plast was worth 6.34 at the beginning of the trading date compared to the closed value of 6.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AJ Plast stock. Still, in general, we apply an absolute valuation method to find AJ Plast'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 AJ Plast where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AJ Plast's related companies.
Open | High | Low | Close | Volume | |
6.44 | 6.49 | 6.34 | 6.34 | 16,637 | |
11/30/2023 | 6.34 | 6.44 | 6.29 | 6.34 | 47,307 |
6.29 | 6.39 | 6.29 | 6.39 | 49,208 |
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AJ Plast Trading Date Momentum on November 30, 2023
On December 01 2023 AJ Plast Public was traded for 6.39 at the closing time. The highest daily price throughout the period was 6.39 and the lowest price was 6.29 . The daily volume was 49.2 K. The net trading volume on 12/01/2023 added to the next day price upswing. The overall trading delta to closing price of the next trading day was 0.79% . The overall trading delta to current closing price is 10.09% . |
AJ Plast Public Fundamentals Correlations and Trends
By evaluating AJ Plast'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 AJ Plast's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. AJ Plast financial account trend analysis is a perfect complement when working with valuation or volatility modules.About AJ Plast Stock history
AJ Plast 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 AJ Plast is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AJ Plast 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 AJ Plast stock prices may prove useful in developing a viable investing in AJ Plast
AJ Plast Stock Technical Analysis
AJ Plast 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
AJ Plast Period Price Range
Low | December 11, 2024
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0.00 | 0.00 |
AJ Plast 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.
AJ Plast December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how AJ Plast stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AJ Plast shares will generate the highest return on investment. By undertsting and applying AJ Plast stock market strength indicators, traders can identify AJ Plast Public entry and exit signals to maximize returns
AJ Plast Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AJ Plast's price direction in advance. Along with the technical and fundamental analysis of AJ Plast Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of AJ Plast 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 | (0.28) | |||
Total Risk Alpha | (0.53) | |||
Treynor Ratio | 1.77 |
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Other Information on Investing in AJ Plast Stock
AJ Plast financial ratios help investors to determine whether AJ Plast 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 AJ Plast with respect to the benefits of owning AJ Plast security.