Amanah Leasing (Thailand) Price on November 19, 2024
| AMANAH Stock | THB 1.05 0.02 1.94% |
If you're considering investing in Amanah Stock, it is important to understand the factors that can impact its price. As of today, the current price of Amanah Leasing stands at 1.05, as last reported on the 28th of November, with the highest price reaching 1.05 and the lowest price hitting 1.03 during the day. Amanah Leasing is out of control given 3 months investment horizon. Amanah Leasing Public secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of standard deviation over the last 3 months. We were able to analyze twenty-two different technical indicators, which can help you to evaluate if expected returns of 14.0% are justified by taking the suggested risk. Use Amanah Leasing mean deviation of 1.73, and Risk Adjusted Performance of (0.09) to evaluate company specific risk that cannot be diversified away.
Amanah Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Amanah |
Sharpe Ratio = 0.1104
| Best Portfolio | Best Equity | AMANAH | ||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 126.88 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 Amanah Leasing 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 Amanah Leasing by adding it to a well-diversified portfolio.
Amanah Leasing Valuation on November 19, 2024
It is possible to determine the worth of Amanah Leasing on a given historical date. On November 19, 2024 Amanah was worth 1.11 at the beginning of the trading date compared to the closed value of 1.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Amanah Leasing stock. Still, in general, we apply an absolute valuation method to find Amanah Leasing'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 Amanah Leasing where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Amanah Leasing's related companies.
| Open | High | Low | Close | Volume | |
| 1.11 | 1.14 | 1.10 | 1.11 | 959,409 | |
11/19/2024 | 1.11 | 1.15 | 1.11 | 1.13 | 498,255 |
| 1.13 | 1.13 | 1.09 | 1.12 | 545,000 |
| Backtest Amanah Leasing | | | Amanah Leasing History | | | Amanah Leasing Valuation | Previous | Next |
Amanah Leasing Trading Date Momentum on November 19, 2024
| On November 20 2024 Amanah Leasing Public was traded for 1.12 at the closing time. The highest price during the trading period was 1.13 and the lowest recorded bid was listed for 1.09 . The volume for the day was 545 K. This history from November 20, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.88% . The overall trading delta to the current price is 8.85% . |
Amanah Leasing Public Fundamentals Correlations and Trends
By evaluating Amanah Leasing'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 Amanah Leasing's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Amanah financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Amanah Leasing Stock history
Amanah Leasing 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 Amanah is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Amanah Leasing 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 Amanah Leasing stock prices may prove useful in developing a viable investing in Amanah Leasing
Amanah Leasing Public Company Limited provides hire purchase, financial and operating lease, and inventory finance services to consumers and corporates in Thailand. Amanah Leasing Public Company Limited was founded in 1992 and is headquartered in Bangkok, Thailand. AMANAH LEASING operates under Credit Services classification in Thailand and is traded on Stock Exchange of Thailand.
Amanah Leasing Stock Technical Analysis
Amanah Leasing 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
Amanah Leasing Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Amanah Leasing 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.
Amanah Leasing November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Amanah Leasing stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Amanah Leasing shares will generate the highest return on investment. By undertsting and applying Amanah Leasing stock market strength indicators, traders can identify Amanah Leasing Public entry and exit signals to maximize returns
Amanah Leasing Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Amanah Leasing's price direction in advance. Along with the technical and fundamental analysis of Amanah Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Amanah 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 | (0.09) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.71) | |||
| Treynor Ratio | 0.745 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Amanah Stock analysis
When running Amanah Leasing's price analysis, check to measure Amanah Leasing'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 Amanah Leasing is operating at the current time. Most of Amanah Leasing's value examination focuses on studying past and present price action to predict the probability of Amanah Leasing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amanah Leasing's price. Additionally, you may evaluate how the addition of Amanah Leasing to your portfolios can decrease your overall portfolio volatility.
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device |