Chiangmai Frozen (Thailand) Price on November 22, 2024
| CM Stock | THB 2.02 0.06 2.88% |
If you're considering investing in Chiangmai Stock, it is important to understand the factors that can impact its price. As of today, the current price of Chiangmai Frozen stands at 2.02, as last reported on the 30th of November, with the highest price reaching 2.06 and the lowest price hitting 2.02 during the day. Chiangmai Frozen is out of control given 3 months investment horizon. Chiangmai Frozen Foods 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 have analyzed twenty-three different technical indicators, which can help you to evaluate if expected returns of 14.1% are justified by taking the suggested risk. Use Chiangmai Frozen Mean Deviation of 0.8233, risk adjusted performance of (0.1), and Standard Deviation of 1.21 to evaluate company specific risk that cannot be diversified away.
Chiangmai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Chiangmai |
Sharpe Ratio = 0.1112
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Estimated Market Risk
| 126.85 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 Chiangmai Frozen 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 Chiangmai Frozen by adding it to a well-diversified portfolio.
Chiangmai Frozen Valuation on November 22, 2024
It is possible to determine the worth of Chiangmai Frozen on a given historical date. On November 22, 2024 Chiangmai was worth 2.02 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 Chiangmai Frozen stock. Still, in general, we apply an absolute valuation method to find Chiangmai Frozen'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 Chiangmai Frozen where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chiangmai Frozen's related companies.
| Open | High | Low | Close | Volume | |
| 2.04 | 2.06 | 2.02 | 2.04 | 62,350 | |
11/22/2024 | 2.02 | 2.06 | 2.00 | 2.04 | 104,800 |
| 2.06 | 2.06 | 2.02 | 2.06 | 7,400 |
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Chiangmai Frozen Trading Date Momentum on November 22, 2024
| On November 25 2024 Chiangmai Frozen Foods was traded for 2.06 at the closing time. The highest daily price throughout the period was 2.06 and the lowest price was 2.02 . The daily volume was 7.4 K. The net trading volume on 11/25/2024 added to the next day price upswing. The overall trading delta to closing price of the next trading day was 0.98% . The overall trading delta to current closing price is 0.98% . |
Chiangmai Frozen Foods Fundamentals Correlations and Trends
By evaluating Chiangmai Frozen'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 Chiangmai Frozen's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Chiangmai financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Chiangmai Frozen Stock history
Chiangmai Frozen 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 Chiangmai is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chiangmai Frozen Foods 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 Chiangmai Frozen stock prices may prove useful in developing a viable investing in Chiangmai Frozen
Chiangmai Frozen Foods Public Company Limited manufactures and exports frozen vegetables in Thailand and internationally. Chiangmai Frozen Foods Public Company Limited was founded in 1988 and is headquartered in Bangkok, Thailand. CHIANGMAI FROZEN operates under Packaged Foods classification in Thailand and is traded on Stock Exchange of Thailand.
Chiangmai Frozen Stock Technical Analysis
Chiangmai Frozen 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
Chiangmai Frozen Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Chiangmai Frozen Foods 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.
Chiangmai Frozen November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Chiangmai Frozen stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chiangmai Frozen shares will generate the highest return on investment. By undertsting and applying Chiangmai Frozen stock market strength indicators, traders can identify Chiangmai Frozen Foods entry and exit signals to maximize returns
Chiangmai Frozen Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Chiangmai Frozen's price direction in advance. Along with the technical and fundamental analysis of Chiangmai Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chiangmai 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 | (0.1) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.38) | |||
| Treynor Ratio | (9.71) |
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Other Information on Investing in Chiangmai Stock
Chiangmai Frozen financial ratios help investors to determine whether Chiangmai 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 Chiangmai with respect to the benefits of owning Chiangmai Frozen security.