Alucon Public (Thailand) Price on May 29, 2024
ALUCON Stock | THB 168.50 5.50 3.16% |
If you're considering investing in Alucon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Alucon Public stands at 168.50, as last reported on the 11th of December 2024, with the highest price reaching 174.00 and the lowest price hitting 168.50 during the day. Alucon Public secures Sharpe Ratio (or Efficiency) of -0.0733, which signifies that the company had a -0.0733% return per unit of risk over the last 3 months. Alucon Public exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alucon Public's Standard Deviation of 0.6678, risk adjusted performance of (0.07), and Mean Deviation of 0.4031 to double-check the risk estimate we provide.
Alucon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Alucon |
Sharpe Ratio = -0.0733
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | ALUCON |
Estimated Market Risk
0.69 actual daily | 6 94% of assets are more volatile |
Expected Return
-0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Alucon Public 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 Alucon Public by adding Alucon Public to a well-diversified portfolio.
Alucon Public Valuation on May 29, 2024
It is possible to determine the worth of Alucon Public on a given historical date. On May 29, 2024 Alucon was worth 176.5 at the beginning of the trading date compared to the closed value of 175.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alucon Public stock. Still, in general, we apply an absolute valuation method to find Alucon Public'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 Alucon Public where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alucon Public's related companies.
Open | High | Low | Close | Volume | |
177.00 | 177.00 | 177.00 | 177.00 | 100.00 | |
05/29/2024 | 176.50 | 176.50 | 175.00 | 175.00 | 300.00 |
175.00 | 175.00 | 175.00 | 175.00 | 1.00 |
Backtest Alucon Public | | | Alucon Public History | | | Alucon Public Valuation | Previous | Next |
Alucon Public Trading Date Momentum on May 29, 2024
On May 30 2024 Alucon Public was traded for 175.00 at the closing time. The highest price during the trading period was 175.00 and the lowest recorded bid was listed for 175.00 . There was no trading activity during the period 1.0. Lack of trading volume on May 30, 2024 did not affect price variability. The overall trading delta to the current price is 1.43% . |
Alucon Public Fundamentals Correlations and Trends
By evaluating Alucon Public'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 Alucon Public's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alucon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alucon Public Stock history
Alucon Public 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 Alucon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alucon 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 Alucon Public stock prices may prove useful in developing a viable investing in Alucon Public
Alucon Public Company Limited produces and distributes aluminum containers primarily in Thailand. As of July 15, 2019, Alucon Public Company Limited operates as a subsidiary of TAKEUCHI PRESS INDUSTRIES CO., LTD. ALUCON PUBLIC operates under Aluminum classification in Thailand and is traded on Stock Exchange of Thailand.
Alucon Public Stock Technical Analysis
Alucon Public 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
Alucon Public Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Alucon 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.
Alucon Public December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Alucon Public stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alucon Public shares will generate the highest return on investment. By undertsting and applying Alucon Public stock market strength indicators, traders can identify Alucon Public entry and exit signals to maximize returns
Alucon Public Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alucon Public's price direction in advance. Along with the technical and fundamental analysis of Alucon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alucon 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 | (0.07) | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.18) | |||
Treynor Ratio | 3.15 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Alucon Stock analysis
When running Alucon Public's price analysis, check to measure Alucon Public's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alucon Public is operating at the current time. Most of Alucon Public's value examination focuses on studying past and present price action to predict the probability of Alucon Public's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alucon Public's price. Additionally, you may evaluate how the addition of Alucon Public to your portfolios can decrease your overall portfolio volatility.
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Fundamental Analysis View fundamental data based on most recent published financial statements |