City Steel (Thailand) Price on September 27, 2024
| CITY Stock | THB 1.86 0.04 2.11% |
If you're considering investing in City Stock, it is important to understand the factors that can impact its price. As of today, the current price of City Steel stands at 1.86, as last reported on the 30th of November, with the highest price reaching 1.86 and the lowest price hitting 1.84 during the day. City Steel is out of control given 3 months investment horizon. City Steel 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 collect data for twenty-three different technical indicators, which can help you to evaluate if expected returns of 14.2% are justified by taking the suggested risk. Use City Steel Risk Adjusted Performance of (0.05), mean deviation of 1.08, and Standard Deviation of 1.64 to evaluate company specific risk that cannot be diversified away.
City Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
City |
Sharpe Ratio = 0.112
| Best Portfolio | Best Equity | CITY | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 126.84 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 City Steel 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 City Steel by adding it to a well-diversified portfolio.
City Steel Valuation on September 27, 2024
It is possible to determine the worth of City Steel on a given historical date. On September 27, 2024 City was worth 2.04 at the beginning of the trading date compared to the closed value of 2.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of City Steel stock. Still, in general, we apply an absolute valuation method to find City Steel'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 City Steel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against City Steel's related companies.
| Open | High | Low | Close | Volume | |
| 2.06 | 2.06 | 2.04 | 2.04 | 9,000 | |
09/27/2024 | 2.04 | 2.04 | 2.04 | 2.04 | 5,800 |
| 2.00 | 2.00 | 1.98 | 1.98 | 42,701 |
| Backtest City Steel | | | City Steel History | | | City Steel Valuation | Previous | Next |
City Steel Trading Date Momentum on September 27, 2024
| On September 30 2024 City Steel Public was traded for 1.98 at the closing time. The highest price during the trading period was 2.00 and the lowest recorded bid was listed for 1.98 . The volume for the day was 42.7 K. This history from September 30, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 2.94% . The overall trading delta to the current price is 9.31% . |
City Steel Public Fundamentals Correlations and Trends
By evaluating City Steel'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 City Steel's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. City financial account trend analysis is a perfect complement when working with valuation or volatility modules.About City Steel Stock history
City Steel 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 City is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in City Steel 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 City Steel stock prices may prove useful in developing a viable investing in City Steel
City Steel Public Company Limited, together with its subsidiaries, primarily engages in the manufacture and sale of metal structures, storage systems and material handling equipment, other metal products, and fabricated metal parts in Thailand. City Steel Public Company Limited is a subsidiary of WKP Asset Plus Company Limited. CITY STEEL operates under Metal Fabrication classification in Thailand and is traded on Stock Exchange of Thailand.
City Steel Stock Technical Analysis
City Steel 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
City Steel Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
City Steel 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.
City Steel November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how City Steel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading City Steel shares will generate the highest return on investment. By undertsting and applying City Steel stock market strength indicators, traders can identify City Steel Public entry and exit signals to maximize returns
City Steel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for City Steel's price direction in advance. Along with the technical and fundamental analysis of City Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of City 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 | (0.05) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | (7.81) |
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in City Stock
City Steel financial ratios help investors to determine whether City 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 City with respect to the benefits of owning City Steel security.