Mega Lifesciences (Thailand) Price on December 15, 2023

MEGA Stock  THB 35.25  0.25  0.70%   
If you're considering investing in Mega Stock, it is important to understand the factors that can impact its price. As of today, the current price of Mega Lifesciences stands at 35.25, as last reported on the 23rd of November, with the highest price reaching 35.75 and the lowest price hitting 35.00 during the day. Mega Lifesciences Public has Sharpe Ratio of -0.0589, which conveys that the firm had a -0.0589% return per unit of risk over the last 3 months. Mega Lifesciences exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mega Lifesciences' Mean Deviation of 1.18, standard deviation of 1.63, and Risk Adjusted Performance of (0.04) to check out the risk estimate we provide.
  
Mega Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0589

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Estimated Market Risk

 1.63
  actual daily
14
86% of assets are more volatile

Expected Return

 -0.1
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average Mega Lifesciences 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 Mega Lifesciences by adding Mega Lifesciences to a well-diversified portfolio.

Mega Lifesciences Valuation on December 15, 2023

It is possible to determine the worth of Mega Lifesciences on a given historical date. On December 15, 2023 Mega was worth 38.97 at the beginning of the trading date compared to the closed value of 39.71. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mega Lifesciences stock. Still, in general, we apply an absolute valuation method to find Mega Lifesciences' 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 Mega Lifesciences where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mega Lifesciences' related companies.
 Open High Low Close Volume
  38.47    39.21    38.47    38.47    853,598  
12/15/2023
  38.97    40.20    38.97    39.71    2,158,346  
  39.71    39.95    38.47    38.72    1,400,600  
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Open Value
38.97
39.71
Closing Value
43.85
Upside

Mega Lifesciences Trading Date Momentum on December 15, 2023

On December 18 2023 Mega Lifesciences Public was traded for  38.72  at the closing time. The highest price during the trading period was 39.95  and the lowest recorded bid was listed for  38.47 . The volume for the day was 1.4 M. This history from December 18, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 2.49% . The trading delta at closing time to the current price is 0.60% .

Mega Lifesciences Public Fundamentals Correlations and Trends

By evaluating Mega Lifesciences' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Mega Lifesciences' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mega financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Mega Lifesciences Stock history

Mega Lifesciences 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 Mega is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mega Lifesciences 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 Mega Lifesciences stock prices may prove useful in developing a viable investing in Mega Lifesciences
Mega Lifesciences Public Company Limited, together with its subsidiaries, manufactures, markets, and sells health food supplements, prescription pharmaceutical products, over-the-counter products, herbal products, vitamins, and fast moving consumer goods. Mega Lifesciences Public Company Limited is a subsidiary of Unistretch Limited. MEGA LIFESCIENCES operates under Drug Manufacturers - Major classification in Thailand and is traded on Stock Exchange of Thailand.

Mega Lifesciences Stock Technical Analysis

Mega Lifesciences 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 Mega Lifesciences technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Mega Lifesciences 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

Mega Lifesciences Period Price Range

Low
November 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Mega Lifesciences 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.

Mega Lifesciences November 23, 2024 Market Strength

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

Mega Lifesciences Technical and Predictive Indicators

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

Mega Lifesciences financial ratios help investors to determine whether Mega 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 Mega with respect to the benefits of owning Mega Lifesciences security.