Salee Colour (Thailand) Price on May 17, 2023
| COLOR Stock | THB 1.14 0.01 0.88% |
If you're considering investing in Salee Stock, it is important to understand the factors that can impact its price. As of today, the current price of Salee Colour stands at 1.14, as last reported on the 23rd of November, with the highest price reaching 1.15 and the lowest price hitting 1.12 during the day. Salee Colour is out of control given 3 months investment horizon. Salee Colour Public owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We have analyzed twenty-four different technical indicators, which can help you to evaluate if expected returns of 14.05% are justified by taking the suggested risk. Use Salee Colour Public Risk Adjusted Performance of (0.01), coefficient of variation of (5,541), and Variance of 5.06 to evaluate company specific risk that cannot be diversified away.
Salee Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Salee |
Sharpe Ratio = 0.1116
| Best Portfolio | Best Equity | COLOR | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 125.84 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 Salee Colour 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 Salee Colour by adding it to a well-diversified portfolio.
Salee Colour Valuation on May 17, 2023
It is possible to determine the worth of Salee Colour on a given historical date. On May 17, 2023 Salee was worth 1.53 at the beginning of the trading date compared to the closed value of 1.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Salee Colour stock. Still, in general, we apply an absolute valuation method to find Salee Colour'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 Salee Colour where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Salee Colour's related companies.
| Open | High | Low | Close | Volume | |
| 1.47 | 1.51 | 1.47 | 1.50 | 61,700 | |
05/17/2023 | 1.53 | 1.53 | 1.50 | 1.51 | 138,300 |
| 1.49 | 1.50 | 1.48 | 1.49 | 172,100 |
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Salee Colour Trading Date Momentum on May 17, 2023
| On May 18 2023 Salee Colour Public was traded for 1.49 at the closing time. The highest price during the trading period was 1.50 and the lowest recorded bid was listed for 1.48 . The volume for the day was 172.1 K. This history from May 18, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.32% . The trading price change to the current price is 3.97% . |
Salee Colour Public Fundamentals Correlations and Trends
By evaluating Salee Colour'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 Salee Colour's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Salee financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Salee Colour Stock history
Salee Colour 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 Salee is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Salee Colour 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 Salee Colour stock prices may prove useful in developing a viable investing in Salee Colour
Salee Colour Public Company Limited manufactures and distributes pigment pellets and pigment powders in Thailand. Salee Colour Public Company Limited was founded in 2003 and is based in Mueang Samut Prakan, Thailand. SALEE COLOUR operates under Specialty Chemicals classification in Thailand and is traded on Stock Exchange of Thailand.
Salee Colour Stock Technical Analysis
Salee Colour 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
Salee Colour Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Salee Colour 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.
Salee Colour November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Salee Colour stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Salee Colour shares will generate the highest return on investment. By undertsting and applying Salee Colour stock market strength indicators, traders can identify Salee Colour Public entry and exit signals to maximize returns
Salee Colour Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Salee Colour's price direction in advance. Along with the technical and fundamental analysis of Salee Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Salee 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 | (0.01) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | 0.4178 |
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| Volume Indicators |
Complementary Tools for Salee Stock analysis
When running Salee Colour's price analysis, check to measure Salee Colour'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 Salee Colour is operating at the current time. Most of Salee Colour's value examination focuses on studying past and present price action to predict the probability of Salee Colour's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Salee Colour's price. Additionally, you may evaluate how the addition of Salee Colour to your portfolios can decrease your overall portfolio volatility.
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