Birla Carbon (Thailand) Price on May 31, 2024
| BCT Stock | THB 68.50 0.25 0.36% |
If you're considering investing in Birla Stock, it is important to understand the factors that can impact its price. As of today, the current price of Birla Carbon stands at 68.50, as last reported on the 27th of November, with the highest price reaching 68.50 and the lowest price hitting 65.00 during the day. Birla Carbon is out of control given 3 months investment horizon. Birla Carbon Public secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-four different technical indicators, which can help you to evaluate if expected returns of 14.2% are justified by taking the suggested risk. Use Birla Carbon Risk Adjusted Performance of (0.03), standard deviation of 1.55, and Mean Deviation of 0.9402 to evaluate company specific risk that cannot be diversified away.
Birla Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Birla |
Sharpe Ratio = 0.1119
| Best Portfolio | Best Equity | BCT | ||
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Estimated Market Risk
| 126.84 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
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Birla Carbon is performing at about 8% 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 Birla Carbon by adding it to a well-diversified portfolio.
Birla Carbon Valuation on May 31, 2024
It is possible to determine the worth of Birla Carbon on a given historical date. On May 31, 2024 Birla was worth 64.87 at the beginning of the trading date compared to the closed value of 64.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Birla Carbon stock. Still, in general, we apply an absolute valuation method to find Birla Carbon'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 Birla Carbon where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Birla Carbon's related companies.
| Open | High | Low | Close | Volume | |
| 64.87 | 64.87 | 64.87 | 64.87 | 1.00 | |
05/31/2024 | 64.87 | 64.87 | 64.87 | 64.87 | 1.00 |
| 66.34 | 66.34 | 64.38 | 66.09 | 900.00 |
| Backtest Birla Carbon | | | Birla Carbon History | | | Birla Carbon Valuation | Previous | Next |
Birla Carbon Trading Date Momentum on May 31, 2024
| On June 04 2024 Birla Carbon Public was traded for 66.09 at the closing time. The maximum traded price for the trading interval was 66.34 and the lowest daily price was 64.38 . The daily volume was recorded at 900. The volume of trading on 4th of June 2024 played a part in the next trading day price upswing. The overall trading delta to the next closing price was 1.88% . The overall trading delta to the closing price today is 1.88% . |
Birla Carbon Public Fundamentals Correlations and Trends
By evaluating Birla Carbon'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 Birla Carbon's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Birla financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Birla Carbon Stock history
Birla Carbon 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 Birla is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Birla Carbon 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 Birla Carbon stock prices may prove useful in developing a viable investing in Birla Carbon
Birla Carbon Public Company Limited engages in the manufacture and sale of carbon black for rubber and specialty applications. The company was incorporated in 1978 and is headquartered in Bangkok, Thailand. BIRLA CARBON operates under Specialty Chemicals classification in Thailand and is traded on Stock Exchange of Thailand.
Birla Carbon Stock Technical Analysis
Birla Carbon 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
Birla Carbon Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Birla Carbon 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.
Birla Carbon November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Birla Carbon stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Birla Carbon shares will generate the highest return on investment. By undertsting and applying Birla Carbon stock market strength indicators, traders can identify Birla Carbon Public entry and exit signals to maximize returns
Birla Carbon Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Birla Carbon's price direction in advance. Along with the technical and fundamental analysis of Birla Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Birla 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 | (0.09) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | 5.16 |
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Other Information on Investing in Birla Stock
Birla Carbon financial ratios help investors to determine whether Birla 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 Birla with respect to the benefits of owning Birla Carbon security.