CK Power (Thailand) Price on December 4, 2023

CKP-R Stock  THB 3.28  0.02  0.61%   
If you're considering investing in CKP-R Stock, it is important to understand the factors that can impact its price. As of today, the current price of CK Power stands at 3.28, as last reported on the 1st of December, with the highest price reaching 3.32 and the lowest price hitting 3.28 during the day. CK Power Public retains Efficiency (Sharpe Ratio) of -0.0955, which signifies that the company had a -0.0955% return per unit of price deviation over the last 3 months. CK Power exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CK Power's Variance of 3.01, market risk adjusted performance of 0.3553, and Information Ratio of (0.17) to double-check the risk estimate we provide.
  
CKP-R Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0955

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Estimated Market Risk

 1.73
  actual daily
15
85% of assets are more volatile

Expected Return

 -0.16
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.1
  actual daily
0
Most of other assets perform better
Based on monthly moving average CK Power 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 CK Power by adding CK Power to a well-diversified portfolio.

CK Power Valuation on December 4, 2023

It is possible to determine the worth of CK Power on a given historical date. On December 4, 2023 CKP-R was worth 3.18 at the beginning of the trading date compared to the closed value of 3.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CK Power stock. Still, in general, we apply an absolute valuation method to find CK Power'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 CK Power where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CK Power's related companies.
 Open High Low Close Volume
  3.14    3.20    3.14    3.16    1,398,700  
12/04/2023
  3.18    3.24    3.16    3.20    1,383,100  
  3.20    3.28    3.20    3.26    1,916,300  
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Open Value
3.18
3.2
Closing Value
8.36
Upside

CK Power Trading Date Momentum on December 4, 2023

On December 06 2023 CK Power Public was traded for  3.26  at the closing time. The highest price during the trading period was 3.28  and the lowest recorded bid was listed for  3.20 . The volume for the day was 1.9 M. This history from December 6, 2023 contributed to the next trading day price jump. The overall trading delta to the next closing price was 1.87% . The overall trading delta to the current price is 3.75% .

CK Power Public Fundamentals Correlations and Trends

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

About CK Power Stock history

CK Power 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 CKP-R is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CK Power 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 CK Power stock prices may prove useful in developing a viable investing in CK Power
CK Power Public Company Limited, through its subsidiaries, generates and sells electricity and steam in Thailand and internationally. CK Power Public Company Limited was incorporated in 2011 and is based in Bangkok, Thailand. CK POWER operates under Utilities - Regulated Electric classification in Thailand and is traded on Stock Exchange of Thailand.

CK Power Stock Technical Analysis

CK Power 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 CK Power technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of CK Power 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

CK Power Period Price Range

Low
December 1, 2024
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High

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CK Power 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.

CK Power December 1, 2024 Market Strength

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

CK Power Technical and Predictive Indicators

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

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