Dimet Public (Thailand) Price on November 29, 2024

DIMET Stock  THB 0.23  0.01  4.17%   
If you're considering investing in Dimet Stock, it is important to understand the factors that can impact its price. As of today, the current price of Dimet Public stands at 0.23, as last reported on the 4th of December, with the highest price reaching 0.23 and the lowest price hitting 0.22 during the day. Dimet Public secures Sharpe Ratio (or Efficiency) of -0.043, which denotes the company had a -0.043% return per unit of risk over the last 3 months. Dimet Public exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dimet Public's Mean Deviation of 1.34, downside deviation of 4.67, and Coefficient Of Variation of 2619.88 to check the risk estimate we provide.
  
Dimet Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.043

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Estimated Market Risk

 2.45
  actual daily
21
79% of assets are more volatile

Expected Return

 -0.11
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Dimet Public 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 Dimet Public by adding Dimet Public to a well-diversified portfolio.

Dimet Public Valuation on November 29, 2024

It is possible to determine the worth of Dimet Public on a given historical date. On November 29, 2024 Dimet was worth 0.24 at the beginning of the trading date compared to the closed value of 0.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dimet Public stock. Still, in general, we apply an absolute valuation method to find Dimet 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 Dimet Public where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dimet Public's related companies.
 Open High Low Close Volume
  0.23    0.24    0.23    0.23    17,300  
11/29/2024
  0.24    0.25    0.22    0.23    169,800  
  0.22    0.23    0.22    0.23    1,400  
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Open Value
0.24
0.23
Closing Value
7.58
Upside

Dimet Public Trading Date Momentum on November 29, 2024

On December 02 2024 Dimet Public was traded for  0.23  at the closing time. The highest price during the trading period was 0.23  and the lowest recorded bid was listed for  0.22 . The volume for the day was 1.4 K. This history from December 2, 2024 did not affect price variability. The overall trading delta to the current price is 4.35% .

Dimet Public Fundamentals Correlations and Trends

By evaluating Dimet 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 Dimet Public's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dimet financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Dimet Public Stock history

Dimet 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 Dimet is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dimet 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 Dimet Public stock prices may prove useful in developing a viable investing in Dimet Public
Dimet Public Company Limited manufactures, distributes, and sells coating products in Thailand. Dimet Public Company Limited was founded in 1982 and is based in Muang, Thailand. DIMET PUBLIC is traded on Stock Exchange of Thailand in Thailand.

Dimet Public Stock Technical Analysis

Dimet 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.
A focus of Dimet Public technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Dimet Public trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Dimet Public Period Price Range

Low
December 4, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Dimet 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.

Dimet Public December 4, 2024 Market Strength

Market strength indicators help investors to evaluate how Dimet 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 Dimet Public shares will generate the highest return on investment. By undertsting and applying Dimet Public stock market strength indicators, traders can identify Dimet Public entry and exit signals to maximize returns

Dimet Public Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Dimet Public's price direction in advance. Along with the technical and fundamental analysis of Dimet Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dimet 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.

Complementary Tools for Dimet Stock analysis

When running Dimet Public's price analysis, check to measure Dimet 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 Dimet Public is operating at the current time. Most of Dimet Public's value examination focuses on studying past and present price action to predict the probability of Dimet 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 Dimet Public's price. Additionally, you may evaluate how the addition of Dimet Public to your portfolios can decrease your overall portfolio volatility.
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