Diamond Building (Thailand) Price on October 4, 2024
DRT Stock | THB 7.70 0.05 0.65% |
If you're considering investing in Diamond Stock, it is important to understand the factors that can impact its price. As of today, the current price of Diamond Building stands at 7.70, as last reported on the 27th of November, with the highest price reaching 7.75 and the lowest price hitting 7.65 during the day. Diamond Building Products secures Sharpe Ratio (or Efficiency) of -0.0411, which denotes the company had a -0.0411% return per unit of standard deviation over the last 3 months. Diamond Building Products exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Diamond Building's Standard Deviation of 0.6357, coefficient of variation of (4,071), and Mean Deviation of 0.4492 to check the risk estimate we provide.
Diamond Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Diamond |
Sharpe Ratio = -0.0411
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Estimated Market Risk
0.65 actual daily | 5 95% of assets are more volatile |
Expected Return
-0.03 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 Diamond Building 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 Diamond Building by adding Diamond Building to a well-diversified portfolio.
Diamond Building Valuation on October 4, 2024
It is possible to determine the worth of Diamond Building on a given historical date. On October 4, 2024 Diamond was worth 8.0 at the beginning of the trading date compared to the closed value of 8.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Diamond Building stock. Still, in general, we apply an absolute valuation method to find Diamond Building'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 Diamond Building where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Diamond Building's related companies.
Open | High | Low | Close | Volume | |
8.00 | 8.05 | 7.95 | 7.95 | 392,542 | |
10/04/2024 | 8.00 | 8.05 | 7.95 | 8.00 | 304,197 |
8.00 | 8.05 | 7.95 | 8.00 | 284,481 |
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Diamond Building Trading Date Momentum on October 4, 2024
On October 07 2024 Diamond Building Products was traded for 8.00 at the closing time. The maximum traded price for the trading interval was 8.05 and the lowest daily price was 7.95 . The daily volume was recorded at 284.5 K. The volume of trading on 7th of October 2024 did not affect price variability. The overall trading delta to the closing price today is 0.00% . |
Diamond Building Products Fundamentals Correlations and Trends
By evaluating Diamond Building'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 Diamond Building's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Diamond financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Diamond Building Stock history
Diamond Building 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 Diamond is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Diamond Building Products 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 Diamond Building stock prices may prove useful in developing a viable investing in Diamond Building
Diamond Building Products Public Company Limited, together with its subsidiaries, manufactures and distributes roof tiles, artificial woods, and autoclaved aerated concrete products in Thailand and internationally. Diamond Building Products Public Company Limited is a subsidiary of Myriad Materials Co., Ltd. DIAMOND BUILDING operates under Building Materials classification in Thailand and is traded on Stock Exchange of Thailand.
Diamond Building Stock Technical Analysis
Diamond Building 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
Diamond Building Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Diamond Building Products 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.
Diamond Building November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Diamond Building stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Diamond Building shares will generate the highest return on investment. By undertsting and applying Diamond Building stock market strength indicators, traders can identify Diamond Building Products entry and exit signals to maximize returns
Diamond Building Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Diamond Building's price direction in advance. Along with the technical and fundamental analysis of Diamond Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Diamond 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 | (0.06) | |||
Total Risk Alpha | (0.13) | |||
Treynor Ratio | (0.10) |
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Other Information on Investing in Diamond Stock
Diamond Building financial ratios help investors to determine whether Diamond 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 Diamond with respect to the benefits of owning Diamond Building security.