Kasikornbank Public (Thailand) Price on November 7, 2023
| KBANK Stock | THB 150.50 0.50 0.33% |
If you're considering investing in Kasikornbank Stock, it is important to understand the factors that can impact its price. As of today, the current price of Kasikornbank Public stands at 150.50, as last reported on the 29th of November, with the highest price reaching 151.00 and the lowest price hitting 149.50 during the day. At this point, Kasikornbank Public is very steady. Kasikornbank Public has Sharpe Ratio of 0.1, which conveys that the firm had a 0.1% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Kasikornbank Public, which you can use to evaluate the volatility of the firm. Please verify Kasikornbank Public's Downside Deviation of 1.22, mean deviation of 0.8042, and Risk Adjusted Performance of 0.0631 to check out if the risk estimate we provide is consistent with the expected return of 0.12%.
Kasikornbank Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Kasikornbank |
Sharpe Ratio = 0.1009
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Estimated Market Risk
| 1.15 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Kasikornbank Public is performing at about 7% 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 Kasikornbank Public by adding it to a well-diversified portfolio.
Kasikornbank Public Valuation on November 7, 2023
It is possible to determine the worth of Kasikornbank Public on a given historical date. On November 7, 2023 Kasikornbank was worth 123.93 at the beginning of the trading date compared to the closed value of 123.93. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kasikornbank Public stock. Still, in general, we apply an absolute valuation method to find Kasikornbank 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 Kasikornbank Public where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kasikornbank Public's related companies.
| Open | High | Low | Close | Volume | |
| 126.29 | 126.29 | 124.40 | 124.40 | 10,099,250 | |
11/07/2023 | 123.93 | 125.81 | 122.99 | 123.93 | 12,182,140 |
| 124.40 | 125.81 | 123.46 | 125.34 | 8,141,469 |
| Backtest Kasikornbank Public | | | Kasikornbank Public History | | | Kasikornbank Public Valuation | Previous | Next |
Kasikornbank Public Trading Date Momentum on November 7, 2023
| On November 08 2023 Kasikornbank Public was traded for 125.34 at the closing time. The highest price during the trading period was 125.81 and the lowest recorded bid was listed for 123.46 . The volume for the day was 8.1 M. This history from November 8, 2023 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 1.14% . The trading delta at closing time to the current price is 0.00% . |
Kasikornbank Public Fundamentals Correlations and Trends
By evaluating Kasikornbank 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 Kasikornbank Public's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Kasikornbank financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Kasikornbank Public Stock history
Kasikornbank 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 Kasikornbank is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kasikornbank 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 Kasikornbank Public stock prices may prove useful in developing a viable investing in Kasikornbank Public
Kasikornbank Public Company Limited, together with its subsidiaries, provides commercial banking products and services in Thailand and internationally. Kasikornbank Public Company Limited was founded in 1945 and is headquartered in Bangkok, Thailand. KASIKORNBANK PUBLIC operates under Banking classification in Thailand and is traded on Stock Exchange of Thailand.
Kasikornbank Public Stock Technical Analysis
Kasikornbank 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.
Price Boundaries
Kasikornbank Public Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Kasikornbank 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.
Kasikornbank Public November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Kasikornbank 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 Kasikornbank Public shares will generate the highest return on investment. By undertsting and applying Kasikornbank Public stock market strength indicators, traders can identify Kasikornbank Public entry and exit signals to maximize returns
Kasikornbank Public Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Kasikornbank Public's price direction in advance. Along with the technical and fundamental analysis of Kasikornbank Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Kasikornbank 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 | 0.0631 | |||
| Jensen Alpha | 0.0606 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.5167 |
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| Volume Indicators |
Complementary Tools for Kasikornbank Stock analysis
When running Kasikornbank Public's price analysis, check to measure Kasikornbank 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 Kasikornbank Public is operating at the current time. Most of Kasikornbank Public's value examination focuses on studying past and present price action to predict the probability of Kasikornbank 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 Kasikornbank Public's price. Additionally, you may evaluate how the addition of Kasikornbank Public to your portfolios can decrease your overall portfolio volatility.
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