HEMARAJ INDUSTRIAL (Thailand) Price on October 6, 2023
| HPF Stock | THB 5.05 0.05 1.00% |
If you're considering investing in HEMARAJ Stock, it is important to understand the factors that can impact its price. As of today, the current price of HEMARAJ INDUSTRIAL stands at 5.05, as last reported on the 1st of December, with the highest price reaching 5.05 and the lowest price hitting 5.00 during the day. HEMARAJ INDUSTRIAL is out of control given 3 months investment horizon. HEMARAJ INDUSTRIAL holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 28.24% are justified by taking the suggested risk. Use HEMARAJ INDUSTRIAL PROPERTY Market Risk Adjusted Performance of 1.27, semi deviation of 0.3721, and Risk Adjusted Performance of 0.098 to evaluate company specific risk that cannot be diversified away.
HEMARAJ Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
HEMARAJ |
Sharpe Ratio = 0.1598
| Best Portfolio | Best Equity | HPF | ||
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Estimated Market Risk
| 176.79 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
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average HEMARAJ INDUSTRIAL is performing at about 12% 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 HEMARAJ INDUSTRIAL by adding it to a well-diversified portfolio.
HEMARAJ INDUSTRIAL Valuation on October 6, 2023
It is possible to determine the worth of HEMARAJ INDUSTRIAL on a given historical date. On October 6, 2023 HEMARAJ was worth 4.66 at the beginning of the trading date compared to the closed value of 4.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of HEMARAJ INDUSTRIAL stock. Still, in general, we apply an absolute valuation method to find HEMARAJ INDUSTRIAL'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 HEMARAJ INDUSTRIAL where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against HEMARAJ INDUSTRIAL's related companies.
| Open | High | Low | Close | Volume | |
| 4.66 | 4.66 | 4.64 | 4.66 | 7,000 | |
10/06/2023 | 4.66 | 4.68 | 4.66 | 4.68 | 65,200 |
| 4.64 | 4.66 | 4.64 | 4.66 | 24,102 |
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HEMARAJ INDUSTRIAL Trading Date Momentum on October 6, 2023
| On October 09 2023 HEMARAJ INDUSTRIAL PROPERTY was traded for 4.66 at the closing time. The maximum traded price for the trading interval was 4.66 and the lowest daily price was 4.64 . The daily volume was recorded at 24.1 K. The volume of trading on 9th of October 2023 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.43% . The trading delta at closing time to the closing price today is 0.43% . |
HEMARAJ INDUSTRIAL Fundamentals Correlations and Trends
By evaluating HEMARAJ INDUSTRIAL'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 HEMARAJ INDUSTRIAL's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. HEMARAJ financial account trend analysis is a perfect complement when working with valuation or volatility modules.About HEMARAJ INDUSTRIAL Stock history
HEMARAJ INDUSTRIAL 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 HEMARAJ is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in HEMARAJ INDUSTRIAL 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 HEMARAJ INDUSTRIAL stock prices may prove useful in developing a viable investing in HEMARAJ INDUSTRIAL
Hemaraj Industrial Property and Leasehold Fund specializes in acquiring and leasing the property. It includes freehold and leasehold, ownership and freehold rights of land and factories. HEMARAJ INDUSTRIAL is traded on Stock Exchange of Thailand in Thailand.
HEMARAJ INDUSTRIAL Stock Technical Analysis
HEMARAJ INDUSTRIAL 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
HEMARAJ INDUSTRIAL Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
HEMARAJ INDUSTRIAL PROPERTY 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.
HEMARAJ INDUSTRIAL December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how HEMARAJ INDUSTRIAL stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HEMARAJ INDUSTRIAL shares will generate the highest return on investment. By undertsting and applying HEMARAJ INDUSTRIAL stock market strength indicators, traders can identify HEMARAJ INDUSTRIAL PROPERTY entry and exit signals to maximize returns
HEMARAJ INDUSTRIAL Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for HEMARAJ INDUSTRIAL's price direction in advance. Along with the technical and fundamental analysis of HEMARAJ Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of HEMARAJ 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 | 0.098 | |||
| Jensen Alpha | 0.0825 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 1.26 |
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Other Information on Investing in HEMARAJ Stock
HEMARAJ INDUSTRIAL financial ratios help investors to determine whether HEMARAJ 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 HEMARAJ with respect to the benefits of owning HEMARAJ INDUSTRIAL security.