Demco Public (Thailand) Price on October 2, 2024
| DEMCO Stock | THB 3.40 0.06 1.73% |
If you're considering investing in Demco Stock, it is important to understand the factors that can impact its price. As of today, the current price of Demco Public stands at 3.40, as last reported on the 2nd of December, with the highest price reaching 3.46 and the lowest price hitting 3.40 during the day. Demco Public is out of control given 3 months investment horizon. Demco Public secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the company had a 0.13% return per unit of risk over the last 3 months. We have analyzed twenty-two different technical indicators, which can help you to evaluate if expected returns of 15.83% are justified by taking the suggested risk. Use Demco Public Standard Deviation of 1.84, mean deviation of 0.92, and Variance of 3.39 to evaluate company specific risk that cannot be diversified away.
Demco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Demco |
Sharpe Ratio = 0.1256
| Best Portfolio | Best Equity | DEMCO | ||
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Estimated Market Risk
| 126.01 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
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Demco Public is performing at about 9% 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 Demco Public by adding it to a well-diversified portfolio.
Demco Public Valuation on October 2, 2024
It is possible to determine the worth of Demco Public on a given historical date. On October 2, 2024 Demco was worth 3.46 at the beginning of the trading date compared to the closed value of 3.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Demco Public stock. Still, in general, we apply an absolute valuation method to find Demco Public'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 Demco Public where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Demco Public's related companies.
| Open | High | Low | Close | Volume | |
| 3.44 | 3.46 | 3.42 | 3.44 | 281,530 | |
10/02/2024 | 3.46 | 3.46 | 3.42 | 3.44 | 346,200 |
| 3.46 | 3.64 | 3.46 | 3.50 | 994,701 |
| Backtest Demco Public | | | Demco Public History | | | Demco Public Valuation | Previous | Next |
Demco Public Trading Date Momentum on October 2, 2024
| On October 03 2024 Demco Public was traded for 3.50 at the closing time. The highest price during the trading period was 3.64 and the lowest recorded bid was listed for 3.46 . The volume for the day was 994.7 K. This history from October 3, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 1.74% . The overall trading delta to the current price is 5.81% . |
Demco Public Fundamentals Correlations and Trends
By evaluating Demco Public'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 Demco Public's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Demco financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Demco Public Stock history
Demco Public 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 Demco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Demco 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 Demco Public stock prices may prove useful in developing a viable investing in Demco Public
Demco Public Company Limited operates as a contractor of electric system construction and service works in the fields of electric engineering and telecommunication in Thailand. Demco Public Company Limited was incorporated in 1992 and is headquartered in Pathumthani, Thailand. DEMCO PUBLIC operates under Engineering Construction classification in Thailand and is traded on Stock Exchange of Thailand.
Demco Public Stock Technical Analysis
Demco Public 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
Demco Public Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Demco 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.
Demco Public December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Demco Public stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Demco Public shares will generate the highest return on investment. By undertsting and applying Demco Public stock market strength indicators, traders can identify Demco Public entry and exit signals to maximize returns
Demco Public Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Demco Public's price direction in advance. Along with the technical and fundamental analysis of Demco Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Demco 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 | (0.02) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | (0.34) |
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Demco Stock analysis
When running Demco Public's price analysis, check to measure Demco Public'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 Demco Public is operating at the current time. Most of Demco Public's value examination focuses on studying past and present price action to predict the probability of Demco Public's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Demco Public's price. Additionally, you may evaluate how the addition of Demco Public to your portfolios can decrease your overall portfolio volatility.
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