Lanna Resources (Thailand) Price on December 7, 2023
LANNA Stock | THB 16.00 0.10 0.62% |
If you're considering investing in Lanna Stock, it is important to understand the factors that can impact its price. As of today, the current price of Lanna Resources stands at 16.00, as last reported on the 11th of December 2024, with the highest price reaching 16.10 and the lowest price hitting 16.00 during the day. Lanna Resources Public has Sharpe Ratio of -0.0529, which conveys that the firm had a -0.0529% return per unit of risk over the last 3 months. Lanna Resources exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lanna Resources' Mean Deviation of 0.4265, risk adjusted performance of (0.04), and Standard Deviation of 0.5474 to check out the risk estimate we provide.
Lanna Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Lanna |
Sharpe Ratio = -0.0529
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Estimated Market Risk
0.55 actual daily | 4 96% of assets are more volatile |
Expected Return
-0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Lanna Resources 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 Lanna Resources by adding Lanna Resources to a well-diversified portfolio.
Lanna Resources Valuation on December 7, 2023
It is possible to determine the worth of Lanna Resources on a given historical date. On December 7, 2023 Lanna was worth 12.89 at the beginning of the trading date compared to the closed value of 12.89. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Lanna Resources stock. Still, in general, we apply an absolute valuation method to find Lanna Resources' 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 Lanna Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Lanna Resources' related companies.
Open | High | Low | Close | Volume | |
12.89 | 12.89 | 12.72 | 12.89 | 615,720 | |
12/07/2023 | 12.89 | 12.98 | 12.80 | 12.89 | 402,070 |
12.89 | 12.89 | 12.54 | 12.80 | 1,047,762 |
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Lanna Resources Trading Date Momentum on December 7, 2023
On December 08 2023 Lanna Resources Public was traded for 12.80 at the closing time. The highest price during the trading period was 12.89 and the lowest recorded bid was listed for 12.54 . The volume for the day was 1 M. This history from December 8, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.70% . The trading delta at closing time to the current price is 2.72% . |
Lanna Resources Public Fundamentals Correlations and Trends
By evaluating Lanna Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Lanna Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Lanna financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Lanna Resources Stock history
Lanna Resources 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 Lanna is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Lanna Resources 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 Lanna Resources stock prices may prove useful in developing a viable investing in Lanna Resources
Lanna Resources Public Company Limited manufactures and distributes lignite coal in Thailand and internationally. The company was founded in 1985 and is headquartered in Bangkok, Thailand. THE LANNA operates under Coal classification in Thailand and is traded on Stock Exchange of Thailand.
Lanna Resources Stock Technical Analysis
Lanna Resources 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
Lanna Resources Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Lanna Resources 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.
Lanna Resources December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Lanna Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lanna Resources shares will generate the highest return on investment. By undertsting and applying Lanna Resources stock market strength indicators, traders can identify Lanna Resources Public entry and exit signals to maximize returns
Lanna Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Lanna Resources' price direction in advance. Along with the technical and fundamental analysis of Lanna Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Lanna 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 | (0.04) | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.13) | |||
Treynor Ratio | 0.287 |
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Complementary Tools for Lanna Stock analysis
When running Lanna Resources' price analysis, check to measure Lanna Resources' 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 Lanna Resources is operating at the current time. Most of Lanna Resources' value examination focuses on studying past and present price action to predict the probability of Lanna Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lanna Resources' price. Additionally, you may evaluate how the addition of Lanna Resources to your portfolios can decrease your overall portfolio volatility.
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