Asia Precision (Thailand) Price on November 29, 2024
| APCS Stock | THB 1.87 0.04 2.09% |
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 Precision stands at 1.87, as last reported on the 2nd of December, with the highest price reaching 1.91 and the lowest price hitting 1.87 during the day. Asia Precision is out of control given 3 months investment horizon. Asia Precision Public secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. We were able to collect data for twenty-three different technical indicators, which can help you to evaluate if expected returns of 15.74% are justified by taking the suggested risk. Use Asia Precision Standard Deviation of 2.51, mean deviation of 1.86, and Risk Adjusted Performance of (0.03) 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 = 0.1249
| Best Portfolio | Best Equity | APCS | ||
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Estimated Market Risk
| 126.03 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
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Asia Precision is performing at about 9% 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 Precision by adding it to a well-diversified portfolio.
Asia Precision Valuation on November 29, 2024
It is possible to determine the worth of Asia Precision on a given historical date. On November 29, 2024 Asia was worth 1.91 at the beginning of the trading date compared to the closed value of 1.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Asia Precision stock. Still, in general, we apply an absolute valuation method to find Asia Precision'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 Precision where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Asia Precision's related companies.
| Open | High | Low | Close | Volume | |
| 2.06 | 2.06 | 1.90 | 1.91 | 23,200 | |
11/29/2024 | 1.91 | 1.91 | 1.87 | 1.87 | 14,700 |
| 1.91 | 1.91 | 1.87 | 1.87 | 0.00 |
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Asia Precision Trading Date Momentum on November 29, 2024
| On December 02 2024 Asia Precision Public was traded for 1.87 at the closing time. The highest price during the trading period was 1.91 and the lowest recorded bid was listed for 1.87 . There was no trading activity during the period 0.0. Lack of trading volume on December 2, 2024 did not affect price variability. The overall trading delta to the current price is 2.14% . |
Asia Precision Public Fundamentals Correlations and Trends
By evaluating Asia Precision'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 Precision'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 Precision Stock history
Asia Precision 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 Precision 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 Asia Precision stock prices may prove useful in developing a viable investing in Asia Precision
Asia Precision Public Company Limited, together with its subsidiaries, manufactures and sells precision metal parts for automotive, office automation, heating ventilating and air-conditioning industries in Thailand and internationally. Asia Precision Public Company Limited was founded in 1994 and is based in Chonburi, Thailand. ASIA PRECISION operates under Metal Fabrication classification in Thailand and is traded on Stock Exchange of Thailand.
Asia Precision Stock Technical Analysis
Asia Precision 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 Precision Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Asia Precision 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.
Asia Precision December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Asia Precision 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 Precision shares will generate the highest return on investment. By undertsting and applying Asia Precision stock market strength indicators, traders can identify Asia Precision Public entry and exit signals to maximize returns
Asia Precision Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Asia Precision'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 | (0.03) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.56) | |||
| Treynor Ratio | 0.8018 |
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Other Information on Investing in Asia Stock
Asia Precision 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 Precision security.