Krungthai Car (Thailand) Price on October 16, 2023
KCAR Stock | THB 4.74 0.02 0.42% |
If you're considering investing in Krungthai Stock, it is important to understand the factors that can impact its price. As of today, the current price of Krungthai Car stands at 4.74, as last reported on the 11th of December 2024, with the highest price reaching 4.74 and the lowest price hitting 4.74 during the day. Krungthai Car Rent has Sharpe Ratio of -0.024, which conveys that the firm had a -0.024% return per unit of risk over the last 3 months. Krungthai Car exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Krungthai Car's Downside Deviation of 1.13, risk adjusted performance of 0.0558, and Mean Deviation of 0.6236 to check out the risk estimate we provide.
Krungthai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Krungthai |
Sharpe Ratio = -0.024
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Estimated Market Risk
0.96 actual daily | 8 92% of assets are more volatile |
Expected Return
-0.02 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 Krungthai Car 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 Krungthai Car by adding Krungthai Car to a well-diversified portfolio.
Krungthai Car Valuation on October 16, 2023
It is possible to determine the worth of Krungthai Car on a given historical date. On October 16, 2023 Krungthai was worth 7.91 at the beginning of the trading date compared to the closed value of 7.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Krungthai Car stock. Still, in general, we apply an absolute valuation method to find Krungthai Car'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 Krungthai Car where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Krungthai Car's related companies.
Open | High | Low | Close | Volume | |
7.91 | 7.91 | 7.86 | 7.86 | 20,800 | |
10/16/2023 | 7.91 | 7.91 | 7.77 | 7.81 | 47,200 |
7.77 | 7.86 | 7.77 | 7.86 | 25,500 |
Backtest Krungthai Car | | | Krungthai Car History | | | Krungthai Car Valuation | Previous | Next |
Krungthai Car Trading Date Momentum on October 16, 2023
On October 17 2023 Krungthai Car Rent was traded for 7.86 at the closing time. The highest price during the trading period was 7.86 and the lowest recorded bid was listed for 7.77 . The volume for the day was 25.5 K. This history from October 17, 2023 contributed to the next trading day price upswing. The trading delta at closing time to the next closing price was 0.64% . The trading delta at closing time to the current price is 0.51% . |
Krungthai Car Rent Fundamentals Correlations and Trends
By evaluating Krungthai Car'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 Krungthai Car's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Krungthai financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Krungthai Car Stock history
Krungthai Car 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 Krungthai is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Krungthai Car Rent 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 Krungthai Car stock prices may prove useful in developing a viable investing in Krungthai Car
Krungthai Car Rent and Lease Public Company Limited provides operating lease in car rental business in Thailand. It serves corporate customers, including government agencies and private companies, as well as individuals. KRUNGTHAI CAR operates under Rental Leasing Services classification in Thailand and is traded on Stock Exchange of Thailand.
Krungthai Car Stock Technical Analysis
Krungthai Car 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
Krungthai Car Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Krungthai Car Rent 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.
Krungthai Car December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Krungthai Car stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Krungthai Car shares will generate the highest return on investment. By undertsting and applying Krungthai Car stock market strength indicators, traders can identify Krungthai Car Rent entry and exit signals to maximize returns
Krungthai Car Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Krungthai Car's price direction in advance. Along with the technical and fundamental analysis of Krungthai Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Krungthai 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 | 0.0558 | |||
Jensen Alpha | 0.0629 | |||
Total Risk Alpha | (0.10) | |||
Sortino Ratio | (0.04) | |||
Treynor Ratio | 1.67 |
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Other Information on Investing in Krungthai Stock
Krungthai Car financial ratios help investors to determine whether Krungthai 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 Krungthai with respect to the benefits of owning Krungthai Car security.