Mida Assets (Thailand) Price on August 3, 2023
MIDA Stock | THB 0.34 0.01 2.86% |
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 0.34, as last reported on the 12th of December 2024, with the highest price reaching 0.35 and the lowest price hitting 0.34 during the day. Mida Assets Public has Sharpe Ratio of -0.0569, which conveys that the firm had a -0.0569% return per unit of risk over the last 3 months. Mida Assets exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mida Assets' Mean Deviation of 2.45, risk adjusted performance of 0.0227, and Downside Deviation of 3.86 to check out the risk estimate we provide.
Mida Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Mida |
Sharpe Ratio = -0.0569
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Estimated Market Risk
4.05 actual daily | 36 64% of assets are more volatile |
Expected Return
-0.23 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 Mida Assets 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 Mida Assets by adding Mida Assets to a well-diversified portfolio.
Mida Assets Valuation on August 3, 2023
It is possible to determine the worth of Mida Assets on a given historical date. On August 3, 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 | 0.45 | 0.46 | 1,085,300 | |
08/03/2023 | 0.46 | 0.47 | 0.46 | 0.47 | 374,300 |
0.47 | 0.47 | 0.46 | 0.46 | 62,800 |
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Mida Assets Trading Date Momentum on August 3, 2023
On August 04 2023 Mida Assets Public was traded for 0.46 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 62.8 K. This history from August 4, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 2.13% . 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.
Price Boundaries
Mida Assets Period Price Range
Low | December 12, 2024
| 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 12, 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.
Risk Adjusted Performance | 0.0227 | |||
Jensen Alpha | 0.1216 | |||
Total Risk Alpha | (0.61) | |||
Sortino Ratio | (0.01) | |||
Treynor Ratio | (0.19) |
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Volume Indicators |
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.