Krung Thai (Thailand) Price on August 24, 2023

KTB Stock  THB 20.30  0.20  0.98%   
If you're considering investing in Krung Stock, it is important to understand the factors that can impact its price. As of today, the current price of Krung Thai stands at 20.30, as last reported on the 26th of November, with the highest price reaching 20.60 and the lowest price hitting 20.30 during the day. As of now, Krung Stock is very steady. Krung Thai Bank has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Krung Thai, which you can use to evaluate the volatility of the firm. Please verify Krung Thai's Downside Deviation of 1.28, risk adjusted performance of 0.12, and Mean Deviation of 0.8467 to check out if the risk estimate we provide is consistent with the expected return of 0.16%.
  
Krung Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1401

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Estimated Market Risk

 1.17
  actual daily
10
90% of assets are more volatile

Expected Return

 0.16
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.14
  actual daily
11
89% of assets perform better
Based on monthly moving average Krung Thai is performing at about 11% 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 Krung Thai by adding it to a well-diversified portfolio.

Krung Thai Valuation on August 24, 2023

It is possible to determine the worth of Krung Thai on a given historical date. On August 24, 2023 Krung was worth 18.83 at the beginning of the trading date compared to the closed value of 18.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Krung Thai stock. Still, in general, we apply an absolute valuation method to find Krung Thai'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 Krung Thai where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Krung Thai's related companies.
 Open High Low Close Volume
  18.74    18.93    18.55    18.93    94,200,336  
08/24/2023
  18.83    18.93    18.08    18.08    154,693,594  
  18.17    18.36    18.08    18.27    58,977,551  
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Open Value
18.83
18.08
Closing Value
22.34
Upside

Krung Thai Trading Date Momentum on August 24, 2023

On August 25 2023 Krung Thai Bank was traded for  18.27  at the closing time. The maximum traded price for the trading interval was 18.36  and the lowest daily price was  18.08 . The daily volume was recorded at 59 M. The volume of trading on 25th of August 2023 played a part in the next trading day price upswing. The trading delta at closing time to the next closing price was 1.05% . The trading delta at closing time to the closing price today is 1.05% .

Krung Thai Bank Fundamentals Correlations and Trends

By evaluating Krung Thai'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 Krung Thai's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Krung financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Krung Thai Stock history

Krung Thai 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 Krung is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Krung Thai Bank 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 Krung Thai stock prices may prove useful in developing a viable investing in Krung Thai
Krung Thai Bank Public Company Limited provides commercial banking products and services to individuals and corporate customers primarily in Thailand. Krung Thai Bank Public Company Limited is a subsidiary of Financial Institutions Development Fund. KRUNG THAI operates under Banks - Regional - Asia classification in Thailand and is traded on Stock Exchange of Thailand.

Krung Thai Stock Technical Analysis

Krung Thai 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.
A focus of Krung Thai technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Krung Thai trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Krung Thai Period Price Range

Low
November 26, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Krung Thai Bank 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.

Krung Thai November 26, 2024 Market Strength

Market strength indicators help investors to evaluate how Krung Thai stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Krung Thai shares will generate the highest return on investment. By undertsting and applying Krung Thai stock market strength indicators, traders can identify Krung Thai Bank entry and exit signals to maximize returns

Krung Thai Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Krung Thai's price direction in advance. Along with the technical and fundamental analysis of Krung Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Krung 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.

Other Information on Investing in Krung Stock

Krung Thai financial ratios help investors to determine whether Krung 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 Krung with respect to the benefits of owning Krung Thai security.