Bangkok Sheet (Thailand) Price on December 12, 2024
| BM Stock | THB 3.14 0.02 0.64% |
If you're considering investing in Bangkok Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bangkok Sheet stands at 3.14, as last reported on the 14th of December 2024, with the highest price reaching 3.16 and the lowest price hitting 3.08 during the day. As of now, Bangkok Stock is somewhat reliable. Bangkok Sheet Metal secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Bangkok Sheet Metal, which you can use to evaluate the volatility of the firm. Please confirm Bangkok Sheet's Risk Adjusted Performance of 0.1061, mean deviation of 0.6542, and Downside Deviation of 0.9322 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%.
Bangkok Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bangkok |
Sharpe Ratio = 0.139
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Estimated Market Risk
| 0.88 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Bangkok Sheet is performing at about 10% 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 Bangkok Sheet by adding it to a well-diversified portfolio.
Bangkok Sheet Valuation on December 12, 2024
It is possible to determine the worth of Bangkok Sheet on a given historical date. On December 12, 2024 Bangkok was worth 3.06 at the beginning of the trading date compared to the closed value of 3.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bangkok Sheet stock. Still, in general, we apply an absolute valuation method to find Bangkok Sheet'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 Bangkok Sheet where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bangkok Sheet's related companies.
| Open | High | Low | Close | Volume | |
| 3.06 | 3.10 | 3.06 | 3.06 | 245,900 | |
12/12/2024 | 3.06 | 3.16 | 3.04 | 3.12 | 2,522,900 |
| 3.10 | 3.16 | 3.08 | 3.14 | 1,909,400 |
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Bangkok Sheet Trading Date Momentum on December 12, 2024
| On December 13 2024 Bangkok Sheet Metal was traded for 3.14 at the closing time. The highest daily price throughout the period was 3.16 and the lowest price was 3.08 . The daily volume was 1.9 M. The net trading volume on 12/13/2024 added to the next day price upswing. The overall trading delta to closing price of the next trading day was 0.64% . The overall trading delta to current closing price is 0.64% . |
Bangkok Sheet Metal Fundamentals Correlations and Trends
By evaluating Bangkok Sheet'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 Bangkok Sheet's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bangkok financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bangkok Sheet Stock history
Bangkok Sheet 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 Bangkok is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bangkok Sheet Metal 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 Bangkok Sheet stock prices may prove useful in developing a viable investing in Bangkok Sheet
Bangkok Sheet Metal Public Company Limited, together with its subsidiaries, manufactures and distributes metal forming products in Thailand. Bangkok Sheet Metal Public Company Limited was founded in 1995 and is headquartered in Phra Pradaeng, Thailand. BANGKOK SHEET operates under Metal Fabrication classification in Thailand and is traded on Stock Exchange of Thailand.
Bangkok Sheet Stock Technical Analysis
Bangkok Sheet 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
Bangkok Sheet Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Bangkok Sheet Metal 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.
Bangkok Sheet December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Bangkok Sheet stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bangkok Sheet shares will generate the highest return on investment. By undertsting and applying Bangkok Sheet stock market strength indicators, traders can identify Bangkok Sheet Metal entry and exit signals to maximize returns
Bangkok Sheet Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bangkok Sheet's price direction in advance. Along with the technical and fundamental analysis of Bangkok Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bangkok 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 | 0.1061 | |||
| Jensen Alpha | 0.1204 | |||
| Total Risk Alpha | 0.0071 | |||
| Sortino Ratio | 0.0258 | |||
| Treynor Ratio | (1.67) |
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| Math Transform | ||
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| Overlap Studies | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Bangkok Stock
Bangkok Sheet financial ratios help investors to determine whether Bangkok 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 Bangkok with respect to the benefits of owning Bangkok Sheet security.