Cho Thavee (Thailand) Price on August 11, 2023
| CHO Stock | THB 0.04 0.01 20.00% |
If you're considering investing in Cho Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cho Thavee stands at 0.04, as last reported on the 27th of November, with the highest price reaching 0.05 and the lowest price hitting 0.04 during the day. Cho Thavee is out of control given 3 months investment horizon. Cho Thavee 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 break down and interpolate data for twenty-four different technical indicators, which can help you to evaluate if expected returns of 14.41% are justified by taking the suggested risk. Use Cho Thavee Risk Adjusted Performance of 0.0043, standard deviation of 10.81, and Mean Deviation of 6.68 to evaluate company specific risk that cannot be diversified away.
Cho Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Cho |
Sharpe Ratio = 0.1123
| Best Portfolio | Best Equity | CHO | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 128.32 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 Cho Thavee 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 Cho Thavee by adding it to a well-diversified portfolio.
Cho Thavee Valuation on August 11, 2023
It is possible to determine the worth of Cho Thavee on a given historical date. On August 11, 2023 Cho was worth 0.5 at the beginning of the trading date compared to the closed value of 0.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cho Thavee stock. Still, in general, we apply an absolute valuation method to find Cho Thavee'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 Cho Thavee where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cho Thavee's related companies.
| Open | High | Low | Close | Volume | |
| 0.44 | 0.54 | 0.40 | 0.50 | 27,333,177 | |
08/11/2023 | 0.50 | 0.57 | 0.47 | 0.54 | 25,197,884 |
| 0.57 | 0.61 | 0.54 | 0.57 | 9,542,041 |
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Cho Thavee Trading Date Momentum on August 11, 2023
| On August 15 2023 Cho Thavee Public was traded for 0.57 at the closing time. The maximum traded price for the trading interval was 0.61 and the lowest daily price was 0.54 . The daily volume was recorded at 9.5 M. The volume of trading on 15th of August 2023 played a part in the next trading day price upswing. The overall trading delta to the next closing price was 5.56% . The overall trading delta to the closing price today is 12.96% . |
Cho Thavee Public Fundamentals Correlations and Trends
By evaluating Cho Thavee'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 Cho Thavee's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cho financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cho Thavee Stock history
Cho Thavee 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 Cho is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cho Thavee 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 Cho Thavee stock prices may prove useful in developing a viable investing in Cho Thavee
Cho Thavee Public Company Limited, together with its subsidiaries, designs, manufactures, and assembles commercial automotive engineering systems in Thailand, Singapore, Japan, Korea, Hong Kong, Malaysia, and internationally. Cho Thavee Public Company Limited was founded in 1994 and is headquartered in Khon Kaen, Thailand. CHO THAVEE operates under Auto Parts classification in Thailand and is traded on Stock Exchange of Thailand.
Cho Thavee Stock Technical Analysis
Cho Thavee 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
Cho Thavee Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Cho Thavee 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.
Cho Thavee November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Cho Thavee stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cho Thavee shares will generate the highest return on investment. By undertsting and applying Cho Thavee stock market strength indicators, traders can identify Cho Thavee Public entry and exit signals to maximize returns
Cho Thavee Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cho Thavee's price direction in advance. Along with the technical and fundamental analysis of Cho Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cho 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 | 0.0043 | |||
| Jensen Alpha | 0.2954 | |||
| Total Risk Alpha | (1.78) | |||
| Treynor Ratio | 0.0257 |
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Other Information on Investing in Cho Stock
Cho Thavee financial ratios help investors to determine whether Cho 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 Cho with respect to the benefits of owning Cho Thavee security.