Indorama Ventures (Thailand) Price on November 27, 2024
| IVL Stock | THB 25.00 0.50 1.96% |
If you're considering investing in Indorama Stock, it is important to understand the factors that can impact its price. As of today, the current price of Indorama Ventures stands at 25.00, as last reported on the 30th of November, with the highest price reaching 25.50 and the lowest price hitting 25.00 during the day. Indorama Ventures appears to be not too volatile, given 3 months investment horizon. Indorama Ventures PCL holds Efficiency (Sharpe) Ratio of 0.21, which attests that the entity had a 0.21% return per unit of risk over the last 3 months. By evaluating Indorama Ventures' technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please utilize Indorama Ventures' Market Risk Adjusted Performance of (2.34), risk adjusted performance of 0.1326, and Downside Deviation of 2.15 to validate if our risk estimates are consistent with your expectations.
Indorama Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Indorama |
Sharpe Ratio = 0.2137
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Estimated Market Risk
| 2.43 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.52 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Indorama Ventures is performing at about 16% 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 Indorama Ventures by adding it to a well-diversified portfolio.
Indorama Ventures Valuation on November 27, 2024
It is possible to determine the worth of Indorama Ventures on a given historical date. On November 27, 2024 Indorama was worth 25.0 at the beginning of the trading date compared to the closed value of 25.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Indorama Ventures stock. Still, in general, we apply an absolute valuation method to find Indorama Ventures' 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 Indorama Ventures where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Indorama Ventures' related companies.
| Open | High | Low | Close | Volume | |
| 25.75 | 25.75 | 25.00 | 25.00 | 9,334,750 | |
11/27/2024 | 25.00 | 25.25 | 24.50 | 25.00 | 15,223,270 |
| 25.50 | 25.50 | 25.00 | 25.00 | 5,665,709 |
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Indorama Ventures Trading Date Momentum on November 27, 2024
| On November 28 2024 Indorama Ventures PCL was traded for 25.00 at the closing time. The maximum traded price for the trading interval was 25.50 and the lowest daily price was 25.00 . The daily volume was recorded at 5.7 M. The volume of trading on 28th of November 2024 did not cause price change. The trading delta at closing time to the closing price today is 2.00% . |
Indorama Ventures PCL Fundamentals Correlations and Trends
By evaluating Indorama Ventures' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Indorama Ventures' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Indorama financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Indorama Ventures Stock history
Indorama Ventures 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 Indorama is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Indorama Ventures PCL 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 Indorama Ventures stock prices may prove useful in developing a viable investing in Indorama Ventures
Indorama Ventures Public Company Limited produces and distributes polyethylene terephthalate , purified terephthalic acid , paraxylene, isophthalic acid, ethylene oxide and ethylene glycol, polyester fibers and yarns, and wool products. Indorama Ventures Public Company Limited is a subsidiary of Indorama Resources Limited. INDORAMA VENTURES operates under Chemicals classification in Thailand and is traded on Stock Exchange of Thailand.
Indorama Ventures Stock Technical Analysis
Indorama Ventures 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
Indorama Ventures Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Indorama Ventures PCL 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.
Indorama Ventures November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Indorama Ventures stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Indorama Ventures shares will generate the highest return on investment. By undertsting and applying Indorama Ventures stock market strength indicators, traders can identify Indorama Ventures PCL entry and exit signals to maximize returns
Indorama Ventures Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Indorama Ventures' price direction in advance. Along with the technical and fundamental analysis of Indorama Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Indorama 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 | 0.1326 | |||
| Jensen Alpha | 0.4603 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.144 | |||
| Treynor Ratio | (2.35) |
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Other Information on Investing in Indorama Stock
Indorama Ventures financial ratios help investors to determine whether Indorama 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 Indorama with respect to the benefits of owning Indorama Ventures security.