Bangchak Public (Thailand) Price on October 16, 2024
BCP Stock | THB 29.75 1.50 4.80% |
If you're considering investing in Bangchak Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bangchak Public stands at 29.75, as last reported on the 27th of November, with the highest price reaching 31.25 and the lowest price hitting 29.50 during the day. Bangchak Public secures Sharpe Ratio (or Efficiency) of -0.093, which signifies that the company had a -0.093% return per unit of risk over the last 3 months. Bangchak Public exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bangchak Public's Standard Deviation of 2.23, mean deviation of 1.68, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide.
Bangchak Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bangchak |
Sharpe Ratio = -0.093
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Estimated Market Risk
2.22 actual daily | 19 81% of assets are more volatile |
Expected Return
-0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Bangchak Public 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 Bangchak Public by adding Bangchak Public to a well-diversified portfolio.
Bangchak Public Valuation on October 16, 2024
It is possible to determine the worth of Bangchak Public on a given historical date. On October 16, 2024 Bangchak was worth 35.75 at the beginning of the trading date compared to the closed value of 36.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bangchak Public stock. Still, in general, we apply an absolute valuation method to find Bangchak Public'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 Bangchak Public where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bangchak Public's related companies.
Open | High | Low | Close | Volume | |
36.50 | 36.50 | 35.75 | 36.00 | 7,767,427 | |
10/16/2024 | 35.75 | 36.25 | 35.50 | 36.00 | 11,343,100 |
36.00 | 36.50 | 35.75 | 36.00 | 6,763,434 |
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Bangchak Public Trading Date Momentum on October 16, 2024
On October 17 2024 Bangchak Public was traded for 36.00 at the closing time. The maximum traded price for the trading interval was 36.50 and the lowest daily price was 35.75 . The daily volume was recorded at 6.8 M. The volume of trading on 17th of October 2024 did not affect price variability. The overall trading delta to the closing price today is 8.33% . |
Bangchak Public Fundamentals Correlations and Trends
By evaluating Bangchak Public'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 Bangchak Public's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bangchak financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bangchak Public Stock history
Bangchak Public 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 Bangchak is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bangchak 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 Bangchak Public stock prices may prove useful in developing a viable investing in Bangchak Public
Bangchak Corporation Public Company Limited, an energy company, engages in the refining and marketing of petroleum products. Bangchak Corporation Public Company Limited was founded in 1984 and is headquartered in Bangkok, Thailand. BANGCHAK CORPORATION operates under Oil Gas Refining Marketing classification in Thailand and is traded on Stock Exchange of Thailand.
Bangchak Public Stock Technical Analysis
Bangchak Public 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
Bangchak Public Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Bangchak 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.
Bangchak Public November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Bangchak Public stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bangchak Public shares will generate the highest return on investment. By undertsting and applying Bangchak Public stock market strength indicators, traders can identify Bangchak Public entry and exit signals to maximize returns
Bangchak Public Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bangchak Public's price direction in advance. Along with the technical and fundamental analysis of Bangchak Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bangchak 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 | (0.04) | |||
Jensen Alpha | (0.11) | |||
Total Risk Alpha | (0.51) | |||
Treynor Ratio | 0.4076 |
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Other Information on Investing in Bangchak Stock
Bangchak Public financial ratios help investors to determine whether Bangchak 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 Bangchak with respect to the benefits of owning Bangchak Public security.