Major Cineplex (Thailand) Price on April 4, 2024
| MJLF Stock | THB 4.26 0.02 0.47% |
If you're considering investing in Major Stock, it is important to understand the factors that can impact its price. As of today, the current price of Major Cineplex stands at 4.26, as last reported on the 1st of December, with the highest price reaching 4.26 and the lowest price hitting 4.22 during the day. Major Cineplex is out of control given 3 months investment horizon. Major Cineplex Lifestyle 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 thirty different technical indicators, which can help you to evaluate if expected returns of 14.26% are justified by taking the suggested risk. Use Major Cineplex Lifestyle Downside Deviation of 1.57, risk adjusted performance of 0.0983, and Mean Deviation of 0.9194 to evaluate company specific risk that cannot be diversified away.
Major Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Major |
Sharpe Ratio = 0.1133
| Best Portfolio | Best Equity | MJLF | ||
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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 Major Cineplex 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 Major Cineplex by adding it to a well-diversified portfolio.
Major Cineplex Valuation on April 4, 2024
It is possible to determine the worth of Major Cineplex on a given historical date. On April 4, 2024 Major was worth 3.54 at the beginning of the trading date compared to the closed value of 3.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Major Cineplex stock. Still, in general, we apply an absolute valuation method to find Major Cineplex'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 Major Cineplex where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Major Cineplex's related companies.
| Open | High | Low | Close | Volume | |
| 3.56 | 3.56 | 3.54 | 3.54 | 20,800 | |
04/04/2024 | 3.54 | 3.54 | 3.54 | 3.54 | 1.00 |
| 3.52 | 3.52 | 3.50 | 3.52 | 19,200 |
| Backtest Major Cineplex | | | Major Cineplex History | | | Major Cineplex Valuation | Previous | Next |
Major Cineplex Trading Date Momentum on April 4, 2024
| On April 05 2024 Major Cineplex Lifestyle was traded for 3.52 at the closing time. The highest price during the trading period was 3.52 and the lowest recorded bid was listed for 3.50 . The volume for the day was 19.2 K. This history from April 5, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.56% . The trading delta at closing time to the current price is 0.00% . |
Major Cineplex Lifestyle Fundamentals Correlations and Trends
By evaluating Major Cineplex'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 Major Cineplex's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Major financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Major Cineplex Stock history
Major Cineplex 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 Major is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Major Cineplex Lifestyle 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 Major Cineplex stock prices may prove useful in developing a viable investing in Major Cineplex
Major Cineplex Stock Technical Analysis
Major Cineplex 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
Major Cineplex Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Major Cineplex Lifestyle 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.
Major Cineplex December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Major Cineplex stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Major Cineplex shares will generate the highest return on investment. By undertsting and applying Major Cineplex stock market strength indicators, traders can identify Major Cineplex Lifestyle entry and exit signals to maximize returns
Major Cineplex Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Major Cineplex's price direction in advance. Along with the technical and fundamental analysis of Major Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Major 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 | 0.0983 | |||
| Jensen Alpha | 0.2371 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.0645 | |||
| Treynor Ratio | (3.48) |
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Other Information on Investing in Major Stock
Major Cineplex financial ratios help investors to determine whether Major 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 Major with respect to the benefits of owning Major Cineplex security.