Ananda Development (Thailand) Price on June 6, 2024
ANAN Stock | THB 0.67 0.01 1.47% |
If you're considering investing in Ananda Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ananda Development stands at 0.67, as last reported on the 11th of December 2024, with the highest price reaching 0.69 and the lowest price hitting 0.67 during the day. Ananda Development Public secures Sharpe Ratio (or Efficiency) of -0.0388, which signifies that the company had a -0.0388% return per unit of standard deviation over the last 3 months. Ananda Development Public exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ananda Development's risk adjusted performance of (0.02), and Mean Deviation of 1.41 to double-check the risk estimate we provide.
Ananda Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ananda |
Sharpe Ratio = -0.0388
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Estimated Market Risk
2.35 actual daily | 20 80% of assets are more volatile |
Expected Return
-0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ananda Development 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 Ananda Development by adding Ananda Development to a well-diversified portfolio.
Ananda Development Valuation on June 6, 2024
It is possible to determine the worth of Ananda Development on a given historical date. On June 6, 2024 Ananda was worth 0.75 at the beginning of the trading date compared to the closed value of 0.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ananda Development stock. Still, in general, we apply an absolute valuation method to find Ananda Development'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 Ananda Development where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ananda Development's related companies.
Open | High | Low | Close | Volume | |
0.75 | 0.75 | 0.74 | 0.74 | 1,753,300 | |
06/06/2024 | 0.75 | 0.75 | 0.73 | 0.74 | 1,150,900 |
0.72 | 0.74 | 0.72 | 0.73 | 2,396,000 |
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Ananda Development Trading Date Momentum on June 6, 2024
On June 07 2024 Ananda Development Public was traded for 0.73 at the closing time. The highest price during the trading period was 0.74 and the lowest recorded bid was listed for 0.72 . The volume for the day was 2.4 M. This history from June 7, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.35% . The overall trading delta to the current price is 8.11% . |
Ananda Development Public Fundamentals Correlations and Trends
By evaluating Ananda Development'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 Ananda Development's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ananda financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ananda Development Stock history
Ananda Development 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 Ananda is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ananda Development 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 Ananda Development stock prices may prove useful in developing a viable investing in Ananda Development
Ananda Development Public Company Limited develops and sells various real estate projects in Thailand. Ananda Development Public Company Limited was founded in 1999 and is based in Bang Phli, Thailand. ANANDA DEVELOPMENT operates under Residential Real Estate classification in Thailand and is traded on Stock Exchange of Thailand.
Ananda Development Stock Technical Analysis
Ananda Development 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
Ananda Development Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Ananda Development 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.
Ananda Development December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Ananda Development stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ananda Development shares will generate the highest return on investment. By undertsting and applying Ananda Development stock market strength indicators, traders can identify Ananda Development Public entry and exit signals to maximize returns
Ananda Development Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ananda Development's price direction in advance. Along with the technical and fundamental analysis of Ananda Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ananda 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 | (0.02) | |||
Jensen Alpha | (0.12) | |||
Total Risk Alpha | (0.46) | |||
Treynor Ratio | (0.36) |
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Other Information on Investing in Ananda Stock
Ananda Development financial ratios help investors to determine whether Ananda 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 Ananda with respect to the benefits of owning Ananda Development security.