Lohakit Metal (Thailand) Price on November 24, 2024
| LHK Stock | THB 3.92 0.02 0.51% |
If you're considering investing in Lohakit Stock, it is important to understand the factors that can impact its price. As of today, the current price of Lohakit Metal stands at 3.92, as last reported on the 24th of November, with the highest price reaching 3.94 and the lowest price hitting 3.88 during the day. Lohakit Metal is out of control given 3 months investment horizon. Lohakit Metal Public has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11% return per unit of risk over the last 3 months. We were able to collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 14.19% are justified by taking the suggested risk. Use Lohakit Metal Public Risk Adjusted Performance of 0.1335, mean deviation of 0.5439, and Downside Deviation of 1.08 to evaluate company specific risk that cannot be diversified away.
Lohakit Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Lohakit |
Sharpe Ratio = 0.1128
| Best Portfolio | Best Equity | LHK | ||
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Estimated Market Risk
| 125.81 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Lohakit Metal is performing at about 8% 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 Lohakit Metal by adding it to a well-diversified portfolio.
Lohakit Metal Valuation on November 24, 2024
It is possible to determine the worth of Lohakit Metal on a given historical date. On November 24, 2024 Lohakit was worth 3.88 at the beginning of the trading date compared to the closed value of 3.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Lohakit Metal stock. Still, in general, we apply an absolute valuation method to find Lohakit Metal'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 Lohakit Metal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Lohakit Metal's related companies.
| Open | High | Low | Close | Volume | |
| 3.88 | 3.94 | 3.88 | 3.92 | 60,756 | |
11/24/2024 | 3.88 | 3.94 | 3.88 | 3.92 | 0.00 |
| Backtest Lohakit Metal | | | Lohakit Metal History | | | Lohakit Metal Valuation | Previous |
Lohakit Metal Trading Date Momentum on November 24, 2024
| On November 24 2024 Lohakit Metal Public was traded for 3.92 at the closing time. The maximum traded price for the trading interval was 3.94 and the lowest daily price was 3.88 . There was no trading activity during the period 0.0. Lack of trading volume on 24th of November 2024 did not cause price change. The trading delta at closing time to the closing price today is 1.02% . |
Lohakit Metal Public Fundamentals Correlations and Trends
By evaluating Lohakit Metal'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 Lohakit Metal's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Lohakit financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Lohakit Metal Stock history
Lohakit Metal 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 Lohakit is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Lohakit Metal 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 Lohakit Metal stock prices may prove useful in developing a viable investing in Lohakit Metal
Lohakit Metal Public Company Limited, together with its subsidiaries, engages in processing, distributing, and shearing of stainless steel, steel, and metal products in Thailand. Lohakit Metal Public Company Limited was founded in 1989 and is based in Phra Pradaeng, Thailand. LOHAKIT METAL operates under Steel classification in Thailand and is traded on Stock Exchange of Thailand.
Lohakit Metal Stock Technical Analysis
Lohakit Metal 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
Lohakit Metal Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Lohakit Metal 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.
Lohakit Metal November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Lohakit Metal stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lohakit Metal shares will generate the highest return on investment. By undertsting and applying Lohakit Metal stock market strength indicators, traders can identify Lohakit Metal Public entry and exit signals to maximize returns
Lohakit Metal Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Lohakit Metal's price direction in advance. Along with the technical and fundamental analysis of Lohakit Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Lohakit 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 | 0.1335 | |||
| Jensen Alpha | 0.143 | |||
| Total Risk Alpha | 0.0029 | |||
| Sortino Ratio | 0.0091 | |||
| Treynor Ratio | (1.27) |
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Other Information on Investing in Lohakit Stock
Lohakit Metal financial ratios help investors to determine whether Lohakit 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 Lohakit with respect to the benefits of owning Lohakit Metal security.