Asia Plus (Thailand) Price on July 13, 2023
ASP Stock | THB 2.44 0.02 0.83% |
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 Plus stands at 2.44, as last reported on the 11th of December 2024, with the highest price reaching 2.46 and the lowest price hitting 2.44 during the day. Asia Plus Group secures Sharpe Ratio (or Efficiency) of -0.0523, which signifies that the company had a -0.0523% return per unit of risk over the last 3 months. Asia Plus Group exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Asia Plus' Risk Adjusted Performance of 0.0572, downside deviation of 1.23, and Mean Deviation of 0.9921 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.
Asia |
Sharpe Ratio = -0.0523
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Estimated Market Risk
0.93 actual daily | 8 92% of assets are more volatile |
Expected Return
-0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Asia Plus 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 Plus by adding Asia Plus to a well-diversified portfolio.
Asia Plus Valuation on July 13, 2023
It is possible to determine the worth of Asia Plus on a given historical date. On July 13, 2023 Asia was worth 2.52 at the beginning of the trading date compared to the closed value of 2.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Asia Plus stock. Still, in general, we apply an absolute valuation method to find Asia Plus' 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 Plus where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Asia Plus' related companies.
Open | High | Low | Close | Volume | |
2.54 | 2.56 | 2.52 | 2.52 | 1,024,577 | |
07/13/2023 | 2.52 | 2.54 | 2.52 | 2.52 | 228,898 |
2.54 | 2.56 | 2.52 | 2.54 | 1,377,165 |
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Asia Plus Trading Date Momentum on July 13, 2023
On July 14 2023 Asia Plus Group was traded for 2.54 at the closing time. The maximum traded price for the trading interval was 2.56 and the lowest daily price was 2.52 . The daily volume was recorded at 1.4 M. The volume of trading on 14th of July 2023 played a part in the next trading day price upswing. The overall trading delta to the next closing price was 0.79% . The overall trading delta to the closing price today is 1.98% . |
Asia Plus Group Fundamentals Correlations and Trends
By evaluating Asia Plus' 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 Plus' 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 Plus Stock history
Asia Plus 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 Plus Group 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 Plus stock prices may prove useful in developing a viable investing in Asia Plus
Asia Plus Group Holdings Public Company Limited, together with its subsidiaries, engages in the securities business in Thailand. Asia Plus Group Holdings Public Company Limited was founded in 1974 and is headquartered in Bangkok, Thailand. ASIA PLUS operates under Capital Markets classification in Thailand and is traded on Stock Exchange of Thailand.
Asia Plus Stock Technical Analysis
Asia Plus 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 Plus Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Asia Plus Group 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 Plus December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Asia Plus 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 Plus shares will generate the highest return on investment. By undertsting and applying Asia Plus stock market strength indicators, traders can identify Asia Plus Group entry and exit signals to maximize returns
Asia Plus Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Asia Plus' 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 | 0.0572 | |||
Jensen Alpha | 0.0997 | |||
Total Risk Alpha | (0.15) | |||
Sortino Ratio | (0.01) | |||
Treynor Ratio | 2.19 |
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Other Information on Investing in Asia Stock
Asia Plus 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 Plus security.