Erawan (Thailand) Price on November 16, 2023
| ERW Stock | THB 4.08 0.04 0.97% |
If you're considering investing in Erawan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Erawan stands at 4.08, as last reported on the 26th of November, with the highest price reaching 4.16 and the lowest price hitting 4.00 during the day. Erawan is out of control given 3 months investment horizon. Erawan Group secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11% return per unit of risk over the last 3 months. We are able to interpolate and break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 14.46% are justified by taking the suggested risk. Use Erawan Risk Adjusted Performance of 0.0696, semi deviation of 1.49, and Downside Deviation of 2.36 to evaluate company specific risk that cannot be diversified away.
Erawan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Erawan |
Sharpe Ratio = 0.1141
| Best Portfolio | Best Equity | ERW | ||
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Estimated Market Risk
| 126.82 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
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Erawan 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 Erawan by adding it to a well-diversified portfolio.
Erawan Valuation on November 16, 2023
It is possible to determine the worth of Erawan on a given historical date. On November 16, 2023 Erawan was worth 5.22 at the beginning of the trading date compared to the closed value of 5.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Erawan stock. Still, in general, we apply an absolute valuation method to find Erawan'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 Erawan where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Erawan's related companies.
| Open | High | Low | Close | Volume | |
| 5.12 | 5.32 | 5.07 | 5.22 | 32,223,300 | |
11/16/2023 | 5.22 | 5.42 | 5.17 | 5.32 | 42,212,100 |
| 5.32 | 5.42 | 5.27 | 5.37 | 11,040,100 |
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Erawan Trading Date Momentum on November 16, 2023
| On November 17 2023 The Erawan Group was traded for 5.37 at the closing time. The maximum traded price for the trading interval was 5.42 and the lowest daily price was 5.27 . The daily volume was recorded at 11 M. The volume of trading on 17th of November 2023 played a part in the next trading day price upswing. The overall trading delta to the next closing price was 0.94% . The trading price change to the closing price today is 1.88% . |
Erawan Group Fundamentals Correlations and Trends
By evaluating Erawan'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 Erawan's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Erawan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Erawan Stock history
Erawan 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 Erawan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Erawan Group 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 Erawan stock prices may prove useful in developing a viable investing in Erawan
The Erawan Group Public Company Limited, through its subsidiaries, engages in hotel and building rental businesses in Thailand. The Erawan Group Public Company Limited was founded in 1982 and is headquartered in Bangkok, Thailand. THE ERAWAN operates under Lodging classification in Thailand and is traded on Stock Exchange of Thailand.
Erawan Stock Technical Analysis
Erawan 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
Erawan Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
The Erawan Group 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.
Erawan November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Erawan stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Erawan shares will generate the highest return on investment. By undertsting and applying Erawan stock market strength indicators, traders can identify The Erawan Group entry and exit signals to maximize returns
Erawan Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Erawan's price direction in advance. Along with the technical and fundamental analysis of Erawan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Erawan 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 | 0.0696 | |||
| Jensen Alpha | 0.2096 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.0212 | |||
| Treynor Ratio | (0.49) |
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Other Information on Investing in Erawan Stock
Erawan financial ratios help investors to determine whether Erawan 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 Erawan with respect to the benefits of owning Erawan security.