Hydrotek Public (Thailand) Price on May 16, 2024

HYDRO Stock  THB 0.16  0.02  11.11%   
If you're considering investing in Hydrotek Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hydrotek Public stands at 0.16, as last reported on the 30th of November, with the highest price reaching 0.17 and the lowest price hitting 0.15 during the day. Hydrotek Public holds Efficiency (Sharpe) Ratio of -0.0786, which attests that the entity had a -0.0786% return per unit of risk over the last 3 months. Hydrotek Public exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hydrotek Public's Market Risk Adjusted Performance of 1.06, risk adjusted performance of (0.06), and Standard Deviation of 8.66 to validate the risk estimate we provide.
  
Hydrotek Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0786

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Estimated Market Risk

 8.83
  actual daily
78
78% of assets are less volatile

Expected Return

 -0.69
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average Hydrotek 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 Hydrotek Public by adding Hydrotek Public to a well-diversified portfolio.

Hydrotek Public Valuation on May 16, 2024

It is possible to determine the worth of Hydrotek Public on a given historical date. On May 16, 2024 Hydrotek was worth 0.35 at the beginning of the trading date compared to the closed value of 0.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hydrotek Public stock. Still, in general, we apply an absolute valuation method to find Hydrotek 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 Hydrotek Public where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hydrotek Public's related companies.
 Open High Low Close Volume
  0.37    0.39    0.35    0.35    154,000  
05/16/2024
  0.35    0.35    0.35    0.35    1.00  
  0.37    0.38    0.34    0.37    404,500  
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Open Value
0.35
0.35
Closing Value
26.85
Upside

Hydrotek Public Trading Date Momentum on May 16, 2024

On May 17 2024 Hydrotek Public was traded for  0.37  at the closing time. The highest price during the trading period was 0.38  and the lowest recorded bid was listed for  0.34 . The volume for the day was 404.5 K. This history from May 17, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 5.71% . The trading delta at closing time to the current price is 17.14% .

Hydrotek Public Fundamentals Correlations and Trends

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

About Hydrotek Public Stock history

Hydrotek 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 Hydrotek is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hydrotek 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 Hydrotek Public stock prices may prove useful in developing a viable investing in Hydrotek Public
Hydrotek Public Company Limited, together with its subsidiaries, engages in the investment in, construction, and management of environmental engineering business in Thailand. The company was founded in 1982 and is headquartered in Bangkok, Thailand. HYDROTEK PUBLIC operates under Engineering Construction classification in Thailand and is traded on Stock Exchange of Thailand.

Hydrotek Public Stock Technical Analysis

Hydrotek 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 Hydrotek Public technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hydrotek 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

Hydrotek Public Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Hydrotek 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.

Hydrotek Public November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Hydrotek 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 Hydrotek Public shares will generate the highest return on investment. By undertsting and applying Hydrotek Public stock market strength indicators, traders can identify Hydrotek Public entry and exit signals to maximize returns

Hydrotek Public Technical and Predictive Indicators

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

When running Hydrotek Public's price analysis, check to measure Hydrotek 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 Hydrotek Public is operating at the current time. Most of Hydrotek Public's value examination focuses on studying past and present price action to predict the probability of Hydrotek 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 Hydrotek Public's price. Additionally, you may evaluate how the addition of Hydrotek Public to your portfolios can decrease your overall portfolio volatility.
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