Grand Prix (Thailand) Price on July 31, 2024
| GPI Stock | THB 1.62 0.03 1.82% |
If you're considering investing in Grand Stock, it is important to understand the factors that can impact its price. As of today, the current price of Grand Prix stands at 1.62, as last reported on the 1st of December, with the highest price reaching 1.64 and the lowest price hitting 1.61 during the day. Grand Prix is out of control given 3 months investment horizon. Grand Prix International holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of standard deviation over the last 3 months. We were able to collect and analyze data for twenty-four different technical indicators, which can help you to evaluate if expected returns of 14.01% are justified by taking the suggested risk. Use Grand Prix International risk adjusted performance of (0.03), and Market Risk Adjusted Performance of (0.96) to evaluate company specific risk that cannot be diversified away.
Grand Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Grand |
Sharpe Ratio = 0.1113
| Best Portfolio | Best Equity | GPI | ||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 125.83 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 Grand Prix 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 Grand Prix by adding it to a well-diversified portfolio.
Grand Prix Valuation on July 31, 2024
It is possible to determine the worth of Grand Prix on a given historical date. On July 31, 2024 Grand was worth 1.47 at the beginning of the trading date compared to the closed value of 1.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Grand Prix stock. Still, in general, we apply an absolute valuation method to find Grand Prix'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 Grand Prix where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Grand Prix's related companies.
| Open | High | Low | Close | Volume | |
| 1.50 | 1.50 | 1.46 | 1.48 | 262,612 | |
07/31/2024 | 1.47 | 1.55 | 1.47 | 1.55 | 914,501 |
| 1.55 | 1.55 | 1.48 | 1.50 | 376,952 |
| Backtest Grand Prix | | | Grand Prix History | | | Grand Prix Valuation | Previous | Next |
Grand Prix Trading Date Momentum on July 31, 2024
| On August 01 2024 Grand Prix International was traded for 1.50 at the closing time. The maximum traded price for the trading interval was 1.55 and the lowest daily price was 1.48 . The daily volume was recorded at 377 K. The volume of trading on 1st of August 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 3.23% . The overall trading delta to the closing price today is 2.58% . |
Grand Prix International Fundamentals Correlations and Trends
By evaluating Grand Prix'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 Grand Prix's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Grand financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Grand Prix Stock history
Grand Prix 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 Grand is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Grand Prix International 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 Grand Prix stock prices may prove useful in developing a viable investing in Grand Prix
Grand Prix International Public Company Limited operates automotive-related exhibitions in Thailand and internationally. Grand Prix International Public Company Limited was founded in 1970 and is headquartered in Bangkok, Thailand. GRAND PRIX operates under Advertising Agencies classification in Thailand and is traded on Stock Exchange of Thailand.
Grand Prix Stock Technical Analysis
Grand Prix 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
Grand Prix Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Grand Prix International 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.
Grand Prix December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Grand Prix stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Grand Prix shares will generate the highest return on investment. By undertsting and applying Grand Prix stock market strength indicators, traders can identify Grand Prix International entry and exit signals to maximize returns
Grand Prix Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Grand Prix's price direction in advance. Along with the technical and fundamental analysis of Grand Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Grand 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 | (0.03) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.97) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Grand Stock
Grand Prix financial ratios help investors to determine whether Grand 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 Grand with respect to the benefits of owning Grand Prix security.