Mida Assets (Thailand) Price on May 29, 2023

MIDA Stock  THB 0.36  0.01  2.70%   
If you're considering investing in Mida Stock, it is important to understand the factors that can impact its price. As of today, the current price of Mida Assets stands at 0.36, as last reported on the 3rd of December, with the highest price reaching 0.37 and the lowest price hitting 0.36 during the day. As of now, Mida Stock is out of control. Mida Assets Public has Sharpe Ratio of 0.0305, which conveys that the firm had a 0.0305% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Mida Assets, which you can use to evaluate the volatility of the firm. Please verify Mida Assets' Downside Deviation of 3.9, risk adjusted performance of 0.0384, and Mean Deviation of 2.49 to check out if the risk estimate we provide is consistent with the expected return of 0.13%.
  
Mida Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0305

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Estimated Market Risk

 4.39
  actual daily
39
61% of assets are more volatile

Expected Return

 0.13
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.03
  actual daily
2
98% of assets perform better
Based on monthly moving average Mida Assets is performing at about 2% 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 Mida Assets by adding it to a well-diversified portfolio.

Mida Assets Valuation on May 29, 2023

It is possible to determine the worth of Mida Assets on a given historical date. On May 29, 2023 Mida was worth 0.46 at the beginning of the trading date compared to the closed value of 0.47. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mida Assets stock. Still, in general, we apply an absolute valuation method to find Mida Assets' 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 Mida Assets where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mida Assets' related companies.
 Open High Low Close Volume
  0.46    0.47    0.46    0.47    421,548  
05/29/2023
  0.46    0.47    0.46    0.47    407,800  
  0.46    0.47    0.46    0.47    1,555,800  
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Open Value
0.46
0.47
Closing Value
13.64
Upside

Mida Assets Trading Date Momentum on May 29, 2023

On May 30 2023 Mida Assets Public was traded for  0.47  at the closing time. The highest price during the trading period was 0.47  and the lowest recorded bid was listed for  0.46 . The volume for the day was 1.6 M. This history from May 30, 2023 did not cause price change. The trading delta at closing time to the current price is 2.13% .

Mida Assets Public Fundamentals Correlations and Trends

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

About Mida Assets Stock history

Mida Assets 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 Mida is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mida Assets 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 Mida Assets stock prices may prove useful in developing a viable investing in Mida Assets
Mida Assets Public Company Limited engages in the sale and hire-purchase of electronic equipment, mobile phones, motorcycles, and used cars in Thailand. Mida Assets Public Company Limited was founded in 1991 and is based in Bangkok, Thailand. MIDA ASSETS operates under Credit Services classification in Thailand and is traded on Stock Exchange of Thailand.

Mida Assets Stock Technical Analysis

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

Mida Assets Period Price Range

Low
December 3, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Mida Assets 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.

Mida Assets December 3, 2024 Market Strength

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

Mida Assets Technical and Predictive Indicators

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

Mida Assets financial ratios help investors to determine whether Mida 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 Mida with respect to the benefits of owning Mida Assets security.