Inoue Rubber (Thailand) Price on September 20, 2024
| IRC Stock | THB 14.10 0.10 0.71% |
If you're considering investing in Inoue Stock, it is important to understand the factors that can impact its price. As of today, the current price of Inoue Rubber stands at 14.10, as last reported on the 30th of November, with the highest price reaching 14.10 and the lowest price hitting 14.00 during the day. Inoue Rubber is out of control given 3 months investment horizon. Inoue Rubber Public holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of risk over the last 3 months. We were able to break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 14.35% are justified by taking the suggested risk. Use Inoue Rubber Public Market Risk Adjusted Performance of 3.19, risk adjusted performance of 0.0748, and Downside Deviation of 0.8528 to evaluate company specific risk that cannot be diversified away.
Inoue Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Inoue |
Sharpe Ratio = 0.1131
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Estimated Market Risk
| 126.81 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 Inoue Rubber 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 Inoue Rubber by adding it to a well-diversified portfolio.
Inoue Rubber Valuation on September 20, 2024
It is possible to determine the worth of Inoue Rubber on a given historical date. On September 20, 2024 Inoue was worth 14.1 at the beginning of the trading date compared to the closed value of 14.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Inoue Rubber stock. Still, in general, we apply an absolute valuation method to find Inoue Rubber'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 Inoue Rubber where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Inoue Rubber's related companies.
| Open | High | Low | Close | Volume | |
| 14.00 | 14.10 | 13.90 | 14.10 | 14,800 | |
09/20/2024 | 14.10 | 14.10 | 14.10 | 14.10 | 1.00 |
| 14.00 | 14.50 | 14.00 | 14.30 | 58,394 |
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Inoue Rubber Trading Date Momentum on September 20, 2024
| On September 23 2024 Inoue Rubber Public was traded for 14.30 at the closing time. The maximum traded price for the trading interval was 14.50 and the lowest daily price was 14.00 . The daily volume was recorded at 58.4 K. The volume of trading on 23rd of September 2024 played a part in the next trading day price upswing. The trading delta at closing time to the next closing price was 1.42% . The trading delta at closing time to the closing price today is 0.71% . |
Inoue Rubber Public Fundamentals Correlations and Trends
By evaluating Inoue Rubber'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 Inoue Rubber's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Inoue financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Inoue Rubber Stock history
Inoue Rubber 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 Inoue is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Inoue Rubber 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 Inoue Rubber stock prices may prove useful in developing a viable investing in Inoue Rubber
Inoue Rubber Public Company Limited engages in the research, development, manufacture, and distribution of motorcycle tires and tubes in Thailand and internationally. The company was founded in 1969 and is headquartered in Thanyaburi, Thailand. INOUE RUBBER operates under Rubber Plastics classification in Thailand and is traded on Stock Exchange of Thailand.
Inoue Rubber Stock Technical Analysis
Inoue Rubber 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
Inoue Rubber Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Inoue Rubber 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.
Inoue Rubber November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Inoue Rubber stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Inoue Rubber shares will generate the highest return on investment. By undertsting and applying Inoue Rubber stock market strength indicators, traders can identify Inoue Rubber Public entry and exit signals to maximize returns
Inoue Rubber Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Inoue Rubber's price direction in advance. Along with the technical and fundamental analysis of Inoue Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Inoue 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 | 0.0748 | |||
| Jensen Alpha | 0.0559 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 3.18 |
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Other Information on Investing in Inoue Stock
Inoue Rubber financial ratios help investors to determine whether Inoue 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 Inoue with respect to the benefits of owning Inoue Rubber security.