Forth Public (Thailand) Price on November 26, 2024

FORTH Stock  THB 13.20  0.80  2.73%   
If you're considering investing in Forth Stock, it is important to understand the factors that can impact its price. As of today, the current price of Forth Public stands at 11.30, as last reported on the 2nd of December, with the highest price reaching 11.40 and the lowest price hitting 10.90 during the day. Forth Public secures Sharpe Ratio (or Efficiency) of -0.0469, which denotes the company had a -0.0469% return per unit of risk over the last 3 months. Forth Public exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Forth Public's Standard Deviation of 3.02, mean deviation of 2.15, and Variance of 9.1 to check the risk estimate we provide.
  
Forth Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0469

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Estimated Market Risk

 3.02
  actual daily
26
74% of assets are more volatile

Expected Return

 -0.14
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Forth Public 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 Forth Public by adding Forth Public to a well-diversified portfolio.

Forth Public Valuation on November 26, 2024

It is possible to determine the worth of Forth Public on a given historical date. On November 26, 2024 Forth was worth 11.3 at the beginning of the trading date compared to the closed value of 11.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Forth Public stock. Still, in general, we apply an absolute valuation method to find Forth Public'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 Forth Public where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Forth Public's related companies.
 Open High Low Close Volume
  12.00    12.00    11.30    11.60    576,072  
11/26/2024
  11.30    11.80    11.30    11.50    183,810  
  11.50    11.80    11.20    11.40    707,974  
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Open Value
11.3
11.5
Closing Value
20.35
Upside

Forth Public Trading Date Momentum on November 26, 2024

On November 27 2024 Forth Public was traded for  11.40  at the closing time. The highest price during the trading period was 11.80  and the lowest recorded bid was listed for  11.20 . The volume for the day was 708 K. This history from November 27, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.87% . The overall trading delta to the current price is 4.35% .

Forth Public Fundamentals Correlations and Trends

By evaluating Forth Public'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 Forth Public's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Forth financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Forth Public Stock history

Forth Public 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 Forth is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Forth Public 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 Forth Public stock prices may prove useful in developing a viable investing in Forth Public
Forth Corporation Public Company Limited, together with its subsidiaries, manufactures and distributes telecommunication and electronic equipment, and assembly electronic parts primarily in Thailand. Forth Corporation Public Company Limited was founded in 1989 and is headquartered in Bangkok, Thailand. FORTH CORPORATION operates under Electronic Components classification in Thailand and is traded on Stock Exchange of Thailand.

Forth Public Stock Technical Analysis

Forth Public 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.
A focus of Forth Public technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Forth Public trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Forth Public Period Price Range

Low
December 2, 2024
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High

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Forth Public 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.

Forth Public December 2, 2024 Market Strength

Market strength indicators help investors to evaluate how Forth Public stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Forth Public shares will generate the highest return on investment. By undertsting and applying Forth Public stock market strength indicators, traders can identify Forth Public entry and exit signals to maximize returns

Forth Public Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Forth Public's price direction in advance. Along with the technical and fundamental analysis of Forth Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Forth 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.

Complementary Tools for Forth Stock analysis

When running Forth Public's price analysis, check to measure Forth Public's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Forth Public is operating at the current time. Most of Forth Public's value examination focuses on studying past and present price action to predict the probability of Forth Public's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forth Public's price. Additionally, you may evaluate how the addition of Forth Public to your portfolios can decrease your overall portfolio volatility.
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