Eastern Commercial (Thailand) Price on September 27, 2024
| ECL Stock | THB 1.16 0.10 9.43% |
If you're considering investing in Eastern Stock, it is important to understand the factors that can impact its price. As of today, the current price of Eastern Commercial stands at 1.16, as last reported on the 27th of November, with the highest price reaching 1.16 and the lowest price hitting 1.08 during the day. Eastern Commercial is out of control given 3 months investment horizon. Eastern Commercial secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had a 0.12% return per unit of risk over the last 3 months. We were able to break down and interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 14.93% are justified by taking the suggested risk. Use Eastern Commercial Coefficient Of Variation of 794.24, mean deviation of 1.82, and Downside Deviation of 2.63 to evaluate company specific risk that cannot be diversified away.
Eastern Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Eastern |
Sharpe Ratio = 0.1168
| Best Portfolio | Best Equity | ECL | ||
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Estimated Market Risk
| 127.82 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
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Eastern Commercial 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 Eastern Commercial by adding it to a well-diversified portfolio.
Eastern Commercial Valuation on September 27, 2024
It is possible to determine the worth of Eastern Commercial on a given historical date. On September 27, 2024 Eastern was worth 1.03 at the beginning of the trading date compared to the closed value of 1.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Eastern Commercial stock. Still, in general, we apply an absolute valuation method to find Eastern Commercial'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 Eastern Commercial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Eastern Commercial's related companies.
| Open | High | Low | Close | Volume | |
| 1.07 | 1.07 | 1.03 | 1.03 | 2,310,200 | |
09/27/2024 | 1.03 | 1.03 | 1.03 | 1.03 | 1.00 |
| 1.05 | 1.07 | 1.05 | 1.06 | 573,500 |
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Eastern Commercial Trading Date Momentum on September 27, 2024
| On September 30 2024 Eastern Commercial Leasing was traded for 1.06 at the closing time. The maximum traded price for the trading interval was 1.07 and the lowest daily price was 1.05 . The daily volume was recorded at 573.5 K. The volume of trading on 30th of September 2024 played a part in the next trading day price upswing. The overall trading delta to the next closing price was 2.91% . The overall trading delta to the closing price today is 2.91% . |
Eastern Commercial Fundamentals Correlations and Trends
By evaluating Eastern Commercial'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 Eastern Commercial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Eastern financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Eastern Commercial Stock history
Eastern Commercial 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 Eastern is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Eastern Commercial 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 Eastern Commercial stock prices may prove useful in developing a viable investing in Eastern Commercial
Eastern Commercial Leasing Public Company Limited engages in the provision of credit services to personal and juristic person in the form of hire purchase, loans, and sale with right of redemption agreement in Thailand. The company was incorporated in 2003 and is headquartered in Bangkok, Thailand. EASTERN COMMERCIAL operates under Credit Services classification in Thailand and is traded on Stock Exchange of Thailand.
Eastern Commercial Stock Technical Analysis
Eastern Commercial 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
Eastern Commercial Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Eastern Commercial Leasing 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.
Eastern Commercial November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Eastern Commercial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eastern Commercial shares will generate the highest return on investment. By undertsting and applying Eastern Commercial stock market strength indicators, traders can identify Eastern Commercial Leasing entry and exit signals to maximize returns
Eastern Commercial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Eastern Commercial's price direction in advance. Along with the technical and fundamental analysis of Eastern Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Eastern 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 | 0.1034 | |||
| Jensen Alpha | 0.3346 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0791 | |||
| Treynor Ratio | (4.77) |
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Other Information on Investing in Eastern Stock
Eastern Commercial financial ratios help investors to determine whether Eastern 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 Eastern with respect to the benefits of owning Eastern Commercial security.