Multi National (Thailand) Price on November 29, 2024
If you're considering investing in Multi Stock, it is important to understand the factors that can impact its price. Multi National is out of control given 3 months investment horizon. Multi National Residence has Sharpe Ratio of 0.26, which conveys that the firm had a 0.26% return per unit of risk over the last 3 months. We were able to collect data for twenty-one different technical indicators, which can help you to evaluate if expected returns of 74.69% are justified by taking the suggested risk. Use Multi National Residence Risk Adjusted Performance of 0.0334, mean deviation of 0.8611, and Downside Deviation of 1.99 to evaluate company specific risk that cannot be diversified away.
Multi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Multi |
Sharpe Ratio = 0.2615
Best Portfolio | Best Equity | MNRF | ||
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Estimated Market Risk
285.6 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
0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average Multi National is performing at about 20% 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 Multi National by adding it to a well-diversified portfolio.
Multi National Valuation on November 29, 2024
It is possible to determine the worth of Multi National on a given historical date. On November 29, 2024 Multi was worth 2.3 at the beginning of the trading date compared to the closed value of 2.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Multi National stock. Still, in general, we apply an absolute valuation method to find Multi National'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 Multi National where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Multi National's related companies.
Open | High | Low | Close | Volume | |
2.30 | 2.30 | 2.30 | 2.30 | 900.00 | |
11/29/2024 | 2.30 | 2.44 | 2.30 | 2.44 | 8,705 |
2.34 | 2.38 | 2.34 | 2.36 | 57,807 |
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Multi National Trading Date Momentum on November 29, 2024
On December 02 2024 Multi National Residence was traded for 2.36 at the closing time. The highest price during the trading period was 2.38 and the lowest recorded bid was listed for 2.34 . The volume for the day was 57.8 K. This history from December 2, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 3.28% . The trading delta at closing time to the current price is 100.00% . |
Multi National Residence Fundamentals Correlations and Trends
By evaluating Multi National'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 Multi National's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Multi financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Multi National Stock history
Multi National 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 Multi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Multi National Residence 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 Multi National stock prices may prove useful in developing a viable investing in Multi National
Multi National Stock Technical Analysis
Multi National 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
Multi National Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Multi National Residence 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.
Multi National December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Multi National stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Multi National shares will generate the highest return on investment. By undertsting and applying Multi National stock market strength indicators, traders can identify Multi National Residence entry and exit signals to maximize returns
Multi National Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Multi National's price direction in advance. Along with the technical and fundamental analysis of Multi Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Multi 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 | 0.0334 | |||
Jensen Alpha | (0.01) | |||
Total Risk Alpha | (0.18) | |||
Sortino Ratio | (0.03) | |||
Treynor Ratio | 0.0931 |
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Other Information on Investing in Multi Stock
Multi National financial ratios help investors to determine whether Multi 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 Multi with respect to the benefits of owning Multi National security.