IT City (Thailand) Price on August 7, 2023
IT Stock | 4.50 0.10 2.17% |
If you're considering investing in IT City Stock, it is important to understand the factors that can impact its price. As of today, the current price of IT City stands at 4.50, as last reported on the 11th of December 2024, with the highest price reaching 4.70 and the lowest price hitting 4.50 during the day. IT City Public retains Efficiency (Sharpe Ratio) of -0.024, which attests that the entity had a -0.024% return per unit of price deviation over the last 3 months. IT City exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IT City's Market Risk Adjusted Performance of (0.25), information ratio of (0.08), and Coefficient Of Variation of (2,509) to validate the risk estimate we provide.
IT City Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IT City |
Sharpe Ratio = -0.024
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Estimated Market Risk
3.07 actual daily | 27 73% of assets are more volatile |
Expected Return
-0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average IT City 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 IT City by adding IT City to a well-diversified portfolio.
IT City Valuation on August 7, 2023
It is possible to determine the worth of IT City on a given historical date. On August 7, 2023 IT City was worth 2.97 at the beginning of the trading date compared to the closed value of 2.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IT City stock. Still, in general, we apply an absolute valuation method to find IT City'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 IT City where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IT City's related companies.
Open | High | Low | Close | Volume | |
2.99 | 2.99 | 2.92 | 2.99 | 20,700 | |
08/07/2023 | 2.97 | 2.99 | 2.96 | 2.97 | 6,100 |
2.94 | 2.97 | 2.92 | 2.94 | 16,000 |
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IT City Trading Date Momentum on August 7, 2023
On August 08 2023 IT City Public was traded for 2.94 at the closing time. The highest daily price throughout the period was 2.97 and the lowest price was 2.92 . The daily volume was 16 K. The net trading volume on 08/08/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.01% . The trading delta at closing time to current closing price is 32.32% . |
IT City Public Fundamentals Correlations and Trends
By evaluating IT City'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 IT City's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. IT City financial account trend analysis is a perfect complement when working with valuation or volatility modules.About IT City Stock history
IT City 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 IT City is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in IT City 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 IT City stock prices may prove useful in developing a viable investing in IT City
IT City Stock Technical Analysis
IT City 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
IT City Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
IT City 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.
IT City December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how IT City stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading IT City shares will generate the highest return on investment. By undertsting and applying IT City stock market strength indicators, traders can identify IT City Public entry and exit signals to maximize returns
IT City Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for IT City's price direction in advance. Along with the technical and fundamental analysis of IT City Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of IT City 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 | (0.02) | |||
Jensen Alpha | (0.20) | |||
Total Risk Alpha | (0.64) | |||
Treynor Ratio | (0.26) |
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Other Information on Investing in IT City Stock
IT City financial ratios help investors to determine whether IT City 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 IT City with respect to the benefits of owning IT City security.