Fine Metal (Thailand) Price on October 3, 2024
| FMT Stock | THB 33.50 0.25 0.75% |
If you're considering investing in Fine Stock, it is important to understand the factors that can impact its price. As of today, the current price of Fine Metal stands at 33.50, as last reported on the 27th of November, with the highest price reaching 33.50 and the lowest price hitting 32.75 during the day. Fine Metal is out of control given 3 months investment horizon. Fine Metal Technologies 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 were able to interpolate and analyze data for thirty different technical indicators, which can help you to evaluate if expected returns of 14.27% are justified by taking the suggested risk. Use Fine Metal Coefficient Of Variation of 14569.95, downside deviation of 1.87, and Mean Deviation of 0.7084 to evaluate company specific risk that cannot be diversified away.
Fine Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Fine |
Sharpe Ratio = 0.1125
| Best Portfolio | Best Equity | FMT | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 126.83 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 Fine Metal 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 Fine Metal by adding it to a well-diversified portfolio.
Fine Metal Valuation on October 3, 2024
It is possible to determine the worth of Fine Metal on a given historical date. On October 3, 2024 Fine was worth 34.0 at the beginning of the trading date compared to the closed value of 34.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fine Metal stock. Still, in general, we apply an absolute valuation method to find Fine Metal'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 Fine Metal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fine Metal's related companies.
| Open | High | Low | Close | Volume | |
| 34.25 | 34.25 | 34.25 | 34.25 | 900.00 | |
10/03/2024 | 34.00 | 34.25 | 34.00 | 34.25 | 600.00 |
| 34.25 | 34.25 | 34.25 | 34.25 | 1.00 |
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Fine Metal Trading Date Momentum on October 3, 2024
| On October 04 2024 Fine Metal Technologies was traded for 34.25 at the closing time. The maximum traded price for the trading interval was 34.25 and the lowest daily price was 34.25 . There was no trading activity during the period 1.0. Lack of trading volume on 4th of October 2024 did not affect price variability. The overall trading delta to the closing price today is 0.00% . |
Fine Metal Technologies Fundamentals Correlations and Trends
By evaluating Fine Metal'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 Fine Metal's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fine financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Fine Metal Stock history
Fine Metal 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 Fine is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fine Metal Technologies 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 Fine Metal stock prices may prove useful in developing a viable investing in Fine Metal
Fine Metal Technologies Public Company Limited engages in the manufacturing and distributing of seamless copper tubes in Thailand, Malaysia, Singapore, Japan, and internationally. Fine Metal Technologies Public Company Limited was founded in 1988 and is headquartered in Bangkok, Thailand. FINE METAL operates under Metal Fabrication classification in Thailand and is traded on Stock Exchange of Thailand.
Fine Metal Stock Technical Analysis
Fine Metal 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
Fine Metal Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Fine Metal Technologies 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.
Fine Metal November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Fine Metal stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fine Metal shares will generate the highest return on investment. By undertsting and applying Fine Metal stock market strength indicators, traders can identify Fine Metal Technologies entry and exit signals to maximize returns
Fine Metal Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fine Metal's price direction in advance. Along with the technical and fundamental analysis of Fine Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fine 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 | 0.0098 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | (0) |
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| Math Transform | ||
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| Volume Indicators |
Other Information on Investing in Fine Stock
Fine Metal financial ratios help investors to determine whether Fine 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 Fine with respect to the benefits of owning Fine Metal security.