CSP Steel (Thailand) Price on October 16, 2024
| CSP Stock | THB 0.58 0.01 1.75% |
If you're considering investing in CSP Stock, it is important to understand the factors that can impact its price. As of today, the current price of CSP Steel stands at 0.58, as last reported on the 30th of November, with the highest price reaching 0.58 and the lowest price hitting 0.56 during the day. CSP Steel is out of control given 3 months investment horizon. CSP Steel Center 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 interpolate data for twenty-three different technical indicators, which can help you to evaluate if expected returns of 14.37% are justified by taking the suggested risk. Use CSP Steel risk adjusted performance of (0.04), and Mean Deviation of 3.29 to evaluate company specific risk that cannot be diversified away.
CSP Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
CSP |
Sharpe Ratio = 0.1132
| Best Portfolio | Best Equity | CSP | ||
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Estimated Market Risk
| 126.93 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 CSP 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 CSP Steel by adding it to a well-diversified portfolio.
CSP Steel Valuation on October 16, 2024
It is possible to determine the worth of CSP Steel on a given historical date. On October 16, 2024 CSP was worth 0.84 at the beginning of the trading date compared to the closed value of 0.84. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CSP Steel stock. Still, in general, we apply an absolute valuation method to find CSP 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 CSP Steel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CSP Steel's related companies.
| Open | High | Low | Close | Volume | |
| 0.83 | 0.91 | 0.83 | 0.84 | 5,358,006 | |
10/16/2024 | 0.84 | 0.84 | 0.84 | 0.84 | 1.00 |
| 0.87 | 0.90 | 0.86 | 0.86 | 2,688,900 |
| Backtest CSP Steel | | | CSP Steel History | | | CSP Steel Valuation | Previous | Next |
CSP Steel Trading Date Momentum on October 16, 2024
| On October 17 2024 CSP Steel Center was traded for 0.86 at the closing time. The maximum traded price for the trading interval was 0.90 and the lowest daily price was 0.86 . The daily volume was recorded at 2.7 M. The volume of trading on 17th of October 2024 played a part in the next trading day price upswing. The overall trading delta to the next closing price was 2.38% . The overall trading delta to the closing price today is 7.14% . |
CSP Steel Center Fundamentals Correlations and Trends
By evaluating CSP 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 CSP Steel's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CSP financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CSP Steel Stock history
CSP 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 CSP is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CSP Steel Center 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 CSP Steel stock prices may prove useful in developing a viable investing in CSP Steel
CSP Steel Center Public Company Limited manufactures and distributes steel products. CSP Steel Center Public Company Limited was founded in 1987 and is headquartered in Bangkok, Thailand. CSP STEEL operates under Metal Fabrication classification in Thailand and is traded on Stock Exchange of Thailand.
CSP Steel Stock Technical Analysis
CSP 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
CSP Steel Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
CSP Steel Center 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.
CSP Steel November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how CSP 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 CSP Steel shares will generate the highest return on investment. By undertsting and applying CSP Steel stock market strength indicators, traders can identify CSP Steel Center entry and exit signals to maximize returns
CSP Steel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CSP Steel's price direction in advance. Along with the technical and fundamental analysis of CSP Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CSP 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 | (0.04) | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | (1.54) | |||
| Treynor Ratio | 0.3986 |
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Other Information on Investing in CSP Stock
CSP Steel financial ratios help investors to determine whether CSP 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 CSP with respect to the benefits of owning CSP Steel security.