Earth Tech (Thailand) Price on April 28, 2023
ETC Stock | THB 1.97 0.05 2.48% |
If you're considering investing in Earth Stock, it is important to understand the factors that can impact its price. As of today, the current price of Earth Tech stands at 1.97, as last reported on the 11th of December 2024, with the highest price reaching 2.06 and the lowest price hitting 1.95 during the day. Earth Tech Environment secures Sharpe Ratio (or Efficiency) of -0.0591, which denotes the company had a -0.0591% return per unit of risk over the last 3 months. Earth Tech Environment exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Earth Tech's Coefficient Of Variation of 69786.72, mean deviation of 1.94, and Downside Deviation of 3.23 to check the risk estimate we provide.
Earth Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Earth |
Sharpe Ratio = -0.0591
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | ETC |
Estimated Market Risk
2.87 actual daily | 25 75% of assets are more volatile |
Expected Return
-0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Earth Tech 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 Earth Tech by adding Earth Tech to a well-diversified portfolio.
Earth Tech Valuation on April 28, 2023
It is possible to determine the worth of Earth Tech on a given historical date. On April 28, 2023 Earth was worth 3.64 at the beginning of the trading date compared to the closed value of 3.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Earth Tech stock. Still, in general, we apply an absolute valuation method to find Earth Tech'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 Earth Tech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Earth Tech's related companies.
Open | High | Low | Close | Volume | |
3.70 | 3.70 | 3.58 | 3.62 | 4,114,474 | |
04/28/2023 | 3.64 | 3.72 | 3.64 | 3.64 | 1,627,374 |
3.60 | 3.66 | 3.44 | 3.48 | 6,542,298 |
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Earth Tech Trading Date Momentum on April 28, 2023
On May 02 2023 Earth Tech Environment was traded for 3.48 at the closing time. The maximum traded price for the trading interval was 3.66 and the lowest daily price was 3.44 . The daily volume was recorded at 6.5 M. The volume of trading on 2nd of May 2023 played a part in the next trading day price drop. The overall trading delta to the next closing price was 4.40% . The overall trading delta to the closing price today is 3.85% . |
Earth Tech Environment Fundamentals Correlations and Trends
By evaluating Earth Tech'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 Earth Tech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Earth financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Earth Tech Stock history
Earth Tech 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 Earth is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Earth Tech Environment 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 Earth Tech stock prices may prove useful in developing a viable investing in Earth Tech
Earth Tech Environment Public Company Limited generates and distributes electricity using industrial waste and processed community waste. The company was incorporated in 2004 and is based in Kaeng Khoi, Thailand. EARTH TECH is traded on Stock Exchange of Thailand in Thailand.
Earth Tech Stock Technical Analysis
Earth Tech 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
Earth Tech Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Earth Tech Environment 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.
Earth Tech December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Earth Tech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Earth Tech shares will generate the highest return on investment. By undertsting and applying Earth Tech stock market strength indicators, traders can identify Earth Tech Environment entry and exit signals to maximize returns
Earth Tech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Earth Tech's price direction in advance. Along with the technical and fundamental analysis of Earth Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Earth 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 | 0.0086 | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.47) | |||
Sortino Ratio | (0.04) | |||
Treynor Ratio | (0.01) |
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Volume Indicators |
Other Information on Investing in Earth Stock
Earth Tech financial ratios help investors to determine whether Earth 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 Earth with respect to the benefits of owning Earth Tech security.