MFC Nichada (Thailand) Price on September 20, 2024
| MNIT2 Stock | THB 5.45 0.00 0.00% |
If you're considering investing in MFC Stock, it is important to understand the factors that can impact its price. As of today, the current price of MFC Nichada stands at 5.45, as last reported on the 2nd of December, with the highest price reaching 5.45 and the lowest price hitting 5.45 during the day. MFC Nichada is out of control given 3 months investment horizon. MFC Nichada Thani retains Efficiency (Sharpe Ratio) of 0.46, which conveys that the firm had a 0.46% return per unit of risk over the last 3 months. We have analyzed twenty-seven different technical indicators, which can help you to evaluate if expected returns of 200.09% are justified by taking the suggested risk. Use MFC Nichada Thani Market Risk Adjusted Performance of 0.2946, semi deviation of 0.5989, and Mean Deviation of 0.4904 to evaluate company specific risk that cannot be diversified away.
MFC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
MFC |
Sharpe Ratio = 0.4616
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Estimated Market Risk
| 433.46 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
| 0.46 actual daily | 36 64% of assets perform better |
Based on monthly moving average MFC Nichada is performing at about 36% 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 MFC Nichada by adding it to a well-diversified portfolio.
MFC Nichada Valuation on September 20, 2024
It is possible to determine the worth of MFC Nichada on a given historical date. On September 20, 2024 MFC was worth 4.7 at the beginning of the trading date compared to the closed value of 4.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MFC Nichada stock. Still, in general, we apply an absolute valuation method to find MFC Nichada'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 MFC Nichada where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MFC Nichada's related companies.
| Open | High | Low | Close | Volume | |
| 4.70 | 4.70 | 4.70 | 4.70 | 100.00 | |
09/20/2024 | 4.70 | 4.70 | 4.70 | 4.70 | 1,000.00 |
| 4.78 | 4.78 | 4.78 | 4.78 | 100.00 |
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MFC Nichada Trading Date Momentum on September 20, 2024
| On September 23 2024 MFC Nichada Thani Property was traded for 4.78 at the closing time. The highest price during the trading period was 4.78 and the lowest recorded bid was listed for 4.78 . The volume for the day was 100.0. This history from September 23, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 1.70% . The trading delta at closing time to the current price is 2.13% . |
MFC Nichada Thani Fundamentals Correlations and Trends
By evaluating MFC Nichada'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 MFC Nichada's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MFC financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MFC Nichada Stock history
MFC Nichada 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 MFC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MFC Nichada Thani 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 MFC Nichada stock prices may prove useful in developing a viable investing in MFC Nichada
MFC Nichada Stock Technical Analysis
MFC Nichada 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
MFC Nichada Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
MFC Nichada Thani Property 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.
MFC Nichada December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how MFC Nichada stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MFC Nichada shares will generate the highest return on investment. By undertsting and applying MFC Nichada stock market strength indicators, traders can identify MFC Nichada Thani Property entry and exit signals to maximize returns
MFC Nichada Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MFC Nichada's price direction in advance. Along with the technical and fundamental analysis of MFC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MFC 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 | 0.0725 | |||
| Jensen Alpha | 0.049 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.2846 |
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| Volume Indicators |
Complementary Tools for MFC Stock analysis
When running MFC Nichada's price analysis, check to measure MFC Nichada's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MFC Nichada is operating at the current time. Most of MFC Nichada's value examination focuses on studying past and present price action to predict the probability of MFC Nichada's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MFC Nichada's price. Additionally, you may evaluate how the addition of MFC Nichada to your portfolios can decrease your overall portfolio volatility.
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