North East (Thailand) Price on May 16, 2023
NER Stock | THB 4.78 0.02 0.42% |
If you're considering investing in North Stock, it is important to understand the factors that can impact its price. As of today, the current price of North East stands at 4.78, as last reported on the 27th of November, with the highest price reaching 4.86 and the lowest price hitting 4.78 during the day. North East Rubbers has Sharpe Ratio of -0.028, which conveys that the firm had a -0.028% return per unit of risk over the last 3 months. North East exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify North East's Downside Deviation of 1.75, risk adjusted performance of 0.0151, and Mean Deviation of 1.19 to check out the risk estimate we provide.
North Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
North |
Sharpe Ratio = -0.028
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Estimated Market Risk
1.77 actual daily | 15 85% of assets are more volatile |
Expected Return
-0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average North East 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 North East by adding North East to a well-diversified portfolio.
North East Valuation on May 16, 2023
It is possible to determine the worth of North East on a given historical date. On May 16, 2023 North was worth 4.54 at the beginning of the trading date compared to the closed value of 4.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of North East stock. Still, in general, we apply an absolute valuation method to find North East'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 North East where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against North East's related companies.
Open | High | Low | Close | Volume | |
4.74 | 4.74 | 4.50 | 4.52 | 8,764,138 | |
05/16/2023 | 4.54 | 4.56 | 4.48 | 4.50 | 6,610,373 |
4.52 | 4.52 | 4.45 | 4.46 | 5,022,621 |
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North East Trading Date Momentum on May 16, 2023
On May 17 2023 North East Rubbers was traded for 4.46 at the closing time. The maximum traded price for the trading interval was 4.52 and the lowest daily price was 4.45 . The daily volume was recorded at 5 M. The volume of trading on 17th of May 2023 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.89% . The trading delta at closing time to the closing price today is 1.11% . |
North East Rubbers Fundamentals Correlations and Trends
By evaluating North East'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 North East's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. North financial account trend analysis is a perfect complement when working with valuation or volatility modules.About North East Stock history
North East 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 North is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in North East Rubbers 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 North East stock prices may prove useful in developing a viable investing in North East
North East Rubbers Public Company Limited engages in the manufacture and sale of rubber products in Thailand, China, Singapore, Hong Kong, Malaysia, and internationally. The company was founded in 2006 and is based in Prakhon Chai, Thailand. NORTH EAST is traded on Stock Exchange of Thailand in Thailand.
North East Stock Technical Analysis
North East 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
North East Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
North East Rubbers 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.
North East November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how North East stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading North East shares will generate the highest return on investment. By undertsting and applying North East stock market strength indicators, traders can identify North East Rubbers entry and exit signals to maximize returns
North East Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for North East's price direction in advance. Along with the technical and fundamental analysis of North Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of North 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 | 0.0151 | |||
Jensen Alpha | 0.0085 | |||
Total Risk Alpha | (0.27) | |||
Sortino Ratio | (0.06) | |||
Treynor Ratio | 0.4224 |
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Other Information on Investing in North Stock
North East financial ratios help investors to determine whether North 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 North with respect to the benefits of owning North East security.