Chonburi Concrete (Thailand) Price on September 4, 2024
| CCP Stock | THB 0.29 0.01 3.33% |
If you're considering investing in Chonburi Stock, it is important to understand the factors that can impact its price. As of today, the current price of Chonburi Concrete stands at 0.29, as last reported on the 27th of November, with the highest price reaching 0.30 and the lowest price hitting 0.28 during the day. Chonburi Concrete is out of control given 3 months investment horizon. Chonburi Concrete Product 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 data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 14.48% are justified by taking the suggested risk. Use Chonburi Concrete Downside Deviation of 3.32, risk adjusted performance of 0.0689, and Mean Deviation of 1.56 to evaluate company specific risk that cannot be diversified away.
Chonburi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Chonburi |
Sharpe Ratio = 0.1133
| Best Portfolio | Best Equity | CCP | ||
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Estimated Market Risk
| 127.86 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 Chonburi Concrete 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 Chonburi Concrete by adding it to a well-diversified portfolio.
Chonburi Concrete Valuation on September 4, 2024
It is possible to determine the worth of Chonburi Concrete on a given historical date. On September 4, 2024 Chonburi was worth 0.3 at the beginning of the trading date compared to the closed value of 0.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chonburi Concrete stock. Still, in general, we apply an absolute valuation method to find Chonburi Concrete'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 Chonburi Concrete where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chonburi Concrete's related companies.
| Open | High | Low | Close | Volume | |
| 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | |
09/04/2024 | 0.30 | 0.30 | 0.29 | 0.30 | 108,368 |
| 0.30 | 0.30 | 0.29 | 0.29 | 438,293 |
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Chonburi Concrete Trading Date Momentum on September 4, 2024
| On September 05 2024 Chonburi Concrete Product was traded for 0.29 at the closing time. The maximum traded price for the trading interval was 0.30 and the lowest daily price was 0.29 . The daily volume was recorded at 438.3 K. The volume of trading on 5th of September 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 3.33% . The overall trading delta to the closing price today is 3.33% . |
Chonburi Concrete Product Fundamentals Correlations and Trends
By evaluating Chonburi Concrete'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 Chonburi Concrete's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Chonburi financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Chonburi Concrete Stock history
Chonburi Concrete 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 Chonburi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chonburi Concrete Product 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 Chonburi Concrete stock prices may prove useful in developing a viable investing in Chonburi Concrete
Chonburi Concrete Product Public Company Limited manufactures and distributes concrete products and ready mixed concrete in Thailand. Chonburi Concrete Product Public Company Limited was founded in 1983 and is based in Chonburi, Thailand. CHONBURI CONCRETE operates under Building Materials classification in Thailand and is traded on Stock Exchange of Thailand.
Chonburi Concrete Stock Technical Analysis
Chonburi Concrete 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
Chonburi Concrete Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Chonburi Concrete Product 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.
Chonburi Concrete November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Chonburi Concrete stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chonburi Concrete shares will generate the highest return on investment. By undertsting and applying Chonburi Concrete stock market strength indicators, traders can identify Chonburi Concrete Product entry and exit signals to maximize returns
Chonburi Concrete Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Chonburi Concrete's price direction in advance. Along with the technical and fundamental analysis of Chonburi Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chonburi 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 | 0.0689 | |||
| Jensen Alpha | 0.2564 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.0194 | |||
| Treynor Ratio | (0.30) |
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Other Information on Investing in Chonburi Stock
Chonburi Concrete financial ratios help investors to determine whether Chonburi 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 Chonburi with respect to the benefits of owning Chonburi Concrete security.