BJC Heavy (Thailand) Price on June 7, 2023
BJCHI Stock | THB 1.22 0.02 1.67% |
If you're considering investing in BJC Stock, it is important to understand the factors that can impact its price. As of today, the current price of BJC Heavy stands at 1.22, as last reported on the 1st of December, with the highest price reaching 1.23 and the lowest price hitting 1.21 during the day. BJC Heavy is out of control given 3 months investment horizon. BJC Heavy Industries retains Efficiency (Sharpe Ratio) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We have analyzed twenty-four different technical indicators, which can help you to evaluate if expected returns of 13.75% are justified by taking the suggested risk. Use BJC Heavy Industries market risk adjusted performance of (120.72), and Variance of 1.74 to evaluate company specific risk that cannot be diversified away.
BJC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
BJC |
Sharpe Ratio = 0.1092
Best Portfolio | Best Equity | BJCHI | ||
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Estimated Market Risk
125.86 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 BJC Heavy 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 BJC Heavy by adding it to a well-diversified portfolio.
BJC Heavy Valuation on June 7, 2023
It is possible to determine the worth of BJC Heavy on a given historical date. On June 7, 2023 BJC was worth 1.38 at the beginning of the trading date compared to the closed value of 1.37. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BJC Heavy stock. Still, in general, we apply an absolute valuation method to find BJC Heavy'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 BJC Heavy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BJC Heavy's related companies.
Open | High | Low | Close | Volume | |
1.39 | 1.39 | 1.36 | 1.38 | 125,000 | |
06/07/2023 | 1.38 | 1.38 | 1.36 | 1.37 | 81,700 |
1.38 | 1.39 | 1.36 | 1.39 | 369,510 |
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BJC Heavy Trading Date Momentum on June 7, 2023
On June 08 2023 BJC Heavy Industries was traded for 1.39 at the closing time. The highest price during the trading period was 1.39 and the lowest recorded bid was listed for 1.36 . The volume for the day was 369.5 K. This history from June 8, 2023 contributed to the next trading day price jump. The overall trading delta to the next closing price was 1.46% . The overall trading delta to the current price is 0.73% . |
BJC Heavy Industries Fundamentals Correlations and Trends
By evaluating BJC Heavy'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 BJC Heavy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. BJC financial account trend analysis is a perfect complement when working with valuation or volatility modules.About BJC Heavy Stock history
BJC Heavy 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 BJC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BJC Heavy Industries 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 BJC Heavy stock prices may prove useful in developing a viable investing in BJC Heavy
BJC Heavy Industries Public Company Limited manufactures and sells fabricated steel and equipment, and provides modularization services in Thailand and internationally. BJC Heavy Industries Public Company Limited was founded in 1994 and is headquartered in Rayong, Thailand. BJC HEAVY operates under Engineering Construction classification in Thailand and is traded on Stock Exchange of Thailand.
BJC Heavy Stock Technical Analysis
BJC Heavy 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
BJC Heavy Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
BJC Heavy Industries 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.
BJC Heavy December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how BJC Heavy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BJC Heavy shares will generate the highest return on investment. By undertsting and applying BJC Heavy stock market strength indicators, traders can identify BJC Heavy Industries entry and exit signals to maximize returns
BJC Heavy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BJC Heavy's price direction in advance. Along with the technical and fundamental analysis of BJC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of BJC 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 | (0.17) | |||
Jensen Alpha | (0.31) | |||
Total Risk Alpha | (0.53) | |||
Treynor Ratio | (120.73) |
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Complementary Tools for BJC Stock analysis
When running BJC Heavy's price analysis, check to measure BJC Heavy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BJC Heavy is operating at the current time. Most of BJC Heavy's value examination focuses on studying past and present price action to predict the probability of BJC Heavy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BJC Heavy's price. Additionally, you may evaluate how the addition of BJC Heavy to your portfolios can decrease your overall portfolio volatility.
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