Asia Sermkij (Thailand) Price on August 17, 2023

ASK Stock  THB 10.80  0.10  0.93%   
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 Sermkij stands at 10.80, as last reported on the 2nd of December, with the highest price reaching 10.90 and the lowest price hitting 10.60 during the day. Asia Sermkij Leasing 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. Asia Sermkij Leasing exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Asia Sermkij's Standard Deviation of 2.54, risk adjusted performance of (0.09), and Mean Deviation of 1.86 to double-check the risk estimate we provide.
  
Asia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1223

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Estimated Market Risk

 2.54
  actual daily
22
78% of assets are more volatile

Expected Return

 -0.31
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.12
  actual daily
0
Most of other assets perform better
Based on monthly moving average Asia Sermkij 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 Asia Sermkij by adding Asia Sermkij to a well-diversified portfolio.

Asia Sermkij Valuation on August 17, 2023

It is possible to determine the worth of Asia Sermkij on a given historical date. On August 17, 2023 Asia was worth 22.17 at the beginning of the trading date compared to the closed value of 22.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Asia Sermkij stock. Still, in general, we apply an absolute valuation method to find Asia Sermkij'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 Sermkij where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Asia Sermkij's related companies.
 Open High Low Close Volume
  22.26    22.45    22.07    22.17    456,800  
08/17/2023
  22.17    22.64    22.07    22.64    460,500  
  22.64    22.64    22.26    22.54    226,400  
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Open Value
22.17
22.64
Closing Value
29.78
Upside

Asia Sermkij Trading Date Momentum on August 17, 2023

On August 18 2023 Asia Sermkij Leasing was traded for  22.54  at the closing time. The maximum traded price for the trading interval was 22.64  and the lowest daily price was  22.26 . The daily volume was recorded at 226.4 K. The volume of trading on 18th of August 2023 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.44% . The overall trading delta to the closing price today is 6.85% .

Asia Sermkij Leasing Fundamentals Correlations and Trends

By evaluating Asia Sermkij'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 Sermkij'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 Sermkij Stock history

Asia Sermkij 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 Sermkij Leasing 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 Sermkij stock prices may prove useful in developing a viable investing in Asia Sermkij
Asia Sermkij Leasing Public Company Limited provides auto hire purchase services primarily in Thailand. The company was founded in 1984 and is based in Bangkok, Thailand. ASIA SERMKIJ operates under Credit Services classification in Thailand and is traded on Stock Exchange of Thailand.

Asia Sermkij Stock Technical Analysis

Asia Sermkij 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.
A focus of Asia Sermkij technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Asia Sermkij trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Asia Sermkij Period Price Range

Low
December 2, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Asia Sermkij Leasing 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 Sermkij December 2, 2024 Market Strength

Market strength indicators help investors to evaluate how Asia Sermkij 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 Sermkij shares will generate the highest return on investment. By undertsting and applying Asia Sermkij stock market strength indicators, traders can identify Asia Sermkij Leasing entry and exit signals to maximize returns

Asia Sermkij Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Asia Sermkij'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.

Other Information on Investing in Asia Stock

Asia Sermkij 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 Sermkij security.