Charoen Pokphand (Thailand) Price on October 31, 2023
CPF Stock | THB 23.90 0.20 0.84% |
If you're considering investing in Charoen Stock, it is important to understand the factors that can impact its price. As of today, the current price of Charoen Pokphand stands at 23.90, as last reported on the 29th of November, with the highest price reaching 24.00 and the lowest price hitting 23.60 during the day. Charoen Pokphand Foods secures Sharpe Ratio (or Efficiency) of -0.0465, which signifies that the company had a -0.0465% return per unit of standard deviation over the last 3 months. Charoen Pokphand Foods exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Charoen Pokphand's risk adjusted performance of (0.03), and Mean Deviation of 0.9442 to double-check the risk estimate we provide.
Charoen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Charoen |
Sharpe Ratio = -0.0465
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Estimated Market Risk
1.24 actual daily | 11 89% of assets are more volatile |
Expected Return
-0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Charoen Pokphand 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 Charoen Pokphand by adding Charoen Pokphand to a well-diversified portfolio.
Charoen Pokphand Valuation on October 31, 2023
It is possible to determine the worth of Charoen Pokphand on a given historical date. On October 31, 2023 Charoen was worth 18.36 at the beginning of the trading date compared to the closed value of 18.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Charoen Pokphand stock. Still, in general, we apply an absolute valuation method to find Charoen Pokphand'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 Charoen Pokphand where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Charoen Pokphand's related companies.
Open | High | Low | Close | Volume | |
18.07 | 18.46 | 17.97 | 18.36 | 7,955,897 | |
10/31/2023 | 18.36 | 18.36 | 17.97 | 18.36 | 11,427,180 |
18.36 | 18.46 | 18.07 | 18.17 | 10,795,260 |
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Charoen Pokphand Trading Date Momentum on October 31, 2023
On November 01 2023 Charoen Pokphand Foods was traded for 18.17 at the closing time. The maximum traded price for the trading interval was 18.46 and the lowest daily price was 18.07 . The daily volume was recorded at 10.8 M. The volume of trading on 1st of November 2023 played a part in the next trading day price drop. The overall trading delta to the next closing price was 1.03% . The overall trading delta to the closing price today is 0.49% . |
Charoen Pokphand Foods Fundamentals Correlations and Trends
By evaluating Charoen Pokphand'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 Charoen Pokphand's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Charoen financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Charoen Pokphand Stock history
Charoen Pokphand 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 Charoen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Charoen Pokphand 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 Charoen Pokphand stock prices may prove useful in developing a viable investing in Charoen Pokphand
Charoen Pokphand Foods Public Company Limited, together with its subsidiaries, engages in the agro-industrial and integrated food businesses in Thailand and internationally. Charoen Pokphand Foods Public Company Limited was founded in 1978 and is headquartered in Bangkok, Thailand. CHAROEN POKPHAND operates under Farm Products classification in Thailand and is traded on Stock Exchange of Thailand.
Charoen Pokphand Stock Technical Analysis
Charoen Pokphand 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
Charoen Pokphand Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Charoen Pokphand 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.
Charoen Pokphand November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Charoen Pokphand stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Charoen Pokphand shares will generate the highest return on investment. By undertsting and applying Charoen Pokphand stock market strength indicators, traders can identify Charoen Pokphand Foods entry and exit signals to maximize returns
Charoen Pokphand Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Charoen Pokphand's price direction in advance. Along with the technical and fundamental analysis of Charoen Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Charoen 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 | (0.03) | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.24) | |||
Treynor Ratio | 0.4041 |
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Other Information on Investing in Charoen Stock
Charoen Pokphand financial ratios help investors to determine whether Charoen 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 Charoen with respect to the benefits of owning Charoen Pokphand security.