Chai Watana (Thailand) Price on November 6, 2024
| CWT Stock | THB 1.11 0.01 0.91% |
If you're considering investing in Chai Stock, it is important to understand the factors that can impact its price. As of today, the current price of Chai Watana stands at 1.11, as last reported on the 27th of November, with the highest price reaching 1.11 and the lowest price hitting 1.10 during the day. Chai Watana is out of control given 3 months investment horizon. Chai Watana Tannery secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of standard deviation over the last 3 months. We were able to interpolate and analyze data for twenty-four different technical indicators, which can help you to evaluate if expected returns of 14.16% are justified by taking the suggested risk. Use Chai Watana mean deviation of 1.26, and Risk Adjusted Performance of (0.08) to evaluate company specific risk that cannot be diversified away.
Chai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Chai |
Sharpe Ratio = 0.1116
| Best Portfolio | Best Equity | CWT | ||
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Estimated Market Risk
| 126.84 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 Chai Watana 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 Chai Watana by adding it to a well-diversified portfolio.
Chai Watana Valuation on November 6, 2024
It is possible to determine the worth of Chai Watana on a given historical date. On November 6, 2024 Chai was worth 1.12 at the beginning of the trading date compared to the closed value of 1.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chai Watana stock. Still, in general, we apply an absolute valuation method to find Chai Watana'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 Chai Watana where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chai Watana's related companies.
| Open | High | Low | Close | Volume | |
| 1.09 | 1.11 | 1.09 | 1.11 | 120,700 | |
11/06/2024 | 1.12 | 1.12 | 1.10 | 1.10 | 97,915 |
| 1.10 | 1.10 | 1.06 | 1.07 | 270,508 |
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Chai Watana Trading Date Momentum on November 6, 2024
| On November 07 2024 Chai Watana Tannery was traded for 1.07 at the closing time. The maximum traded price for the trading interval was 1.10 and the lowest daily price was 1.06 . The daily volume was recorded at 270.5 K. The volume of trading on 7th of November 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 2.73% . The overall trading delta to the closing price today is 5.45% . |
Chai Watana Tannery Fundamentals Correlations and Trends
By evaluating Chai Watana'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 Chai Watana's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Chai financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Chai Watana Stock history
Chai Watana 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 Chai is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chai Watana Tannery 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 Chai Watana stock prices may prove useful in developing a viable investing in Chai Watana
Chai Watana Tannery Group Public Company Limited manufactures and exports leather finished products. Chai Watana Tannery Group Public Company Limited was founded in 1972 and is based in Muang, Thailand. CHAI WATANA operates under Auto Parts classification in Thailand and is traded on Stock Exchange of Thailand.
Chai Watana Stock Technical Analysis
Chai Watana 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
Chai Watana Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Chai Watana Tannery 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.
Chai Watana November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Chai Watana stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chai Watana shares will generate the highest return on investment. By undertsting and applying Chai Watana stock market strength indicators, traders can identify Chai Watana Tannery entry and exit signals to maximize returns
Chai Watana Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Chai Watana's price direction in advance. Along with the technical and fundamental analysis of Chai Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chai 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 | (0.08) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.47) | |||
| Treynor Ratio | (1.09) |
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| Math Transform | ||
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| Volume Indicators |
Other Information on Investing in Chai Stock
Chai Watana financial ratios help investors to determine whether Chai 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 Chai with respect to the benefits of owning Chai Watana security.