Charan Insurance (Thailand) Price on May 26, 2023

CHARAN Stock  THB 21.80  0.40  1.87%   
If you're considering investing in Charan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Charan Insurance stands at 21.80, as last reported on the 13th of December 2024, with the highest price reaching 21.80 and the lowest price hitting 21.60 during the day. Charan Insurance Public secures Sharpe Ratio (or Efficiency) of -0.0225, which signifies that the company had a -0.0225% return per unit of standard deviation over the last 3 months. Charan Insurance Public exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Charan Insurance's mean deviation of 0.6802, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide.
  
Charan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0225

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Estimated Market Risk

 1.31
  actual daily
11
89% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Charan Insurance 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 Charan Insurance by adding Charan Insurance to a well-diversified portfolio.

Charan Insurance Valuation on May 26, 2023

It is possible to determine the worth of Charan Insurance on a given historical date. On May 26, 2023 Charan was worth 27.52 at the beginning of the trading date compared to the closed value of 27.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Charan Insurance stock. Still, in general, we apply an absolute valuation method to find Charan Insurance'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 Charan Insurance where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Charan Insurance's related companies.
 Open High Low Close Volume
  27.76    27.99    27.52    27.76    25,200  
05/26/2023
  27.52    27.99    27.52    27.76    5,800  
  27.76    27.76    27.76    27.76    1.00  
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Open Value
27.52
27.76
Closing Value
31.44
Upside

Charan Insurance Trading Date Momentum on May 26, 2023

On May 29 2023 Charan Insurance Public was traded for  27.76  at the closing time. The highest price during the trading period was 27.76  and the lowest recorded bid was listed for  27.76 . There was no trading activity during the period 1.0. Lack of trading volume on May 29, 2023 did not affect price variability. The overall trading delta to the current price is 0.83% .

Charan Insurance Public Fundamentals Correlations and Trends

By evaluating Charan Insurance'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 Charan Insurance's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Charan financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Charan Insurance Stock history

Charan Insurance 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 Charan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Charan Insurance 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 Charan Insurance stock prices may prove useful in developing a viable investing in Charan Insurance
Charan Insurance Public Company Limited provides non-life insurance products in Thailand. Charan Insurance Public Company Limited was founded in 1949 and is headquartered in Bangkok, Thailand. CHARAN INSURANCE operates under Insurance - Property Casualty classification in Thailand and is traded on Stock Exchange of Thailand.

Charan Insurance Stock Technical Analysis

Charan Insurance 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.
A focus of Charan Insurance technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Charan Insurance trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Charan Insurance Period Price Range

Low
December 13, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Charan Insurance 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.

Charan Insurance December 13, 2024 Market Strength

Market strength indicators help investors to evaluate how Charan Insurance stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Charan Insurance shares will generate the highest return on investment. By undertsting and applying Charan Insurance stock market strength indicators, traders can identify Charan Insurance Public entry and exit signals to maximize returns

Charan Insurance Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Charan Insurance's price direction in advance. Along with the technical and fundamental analysis of Charan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Charan 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.

Complementary Tools for Charan Stock analysis

When running Charan Insurance's price analysis, check to measure Charan Insurance'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 Charan Insurance is operating at the current time. Most of Charan Insurance's value examination focuses on studying past and present price action to predict the probability of Charan Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Charan Insurance's price. Additionally, you may evaluate how the addition of Charan Insurance to your portfolios can decrease your overall portfolio volatility.
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