News Network (Thailand) Price on March 19, 2024
| NEWS Stock | THB 0.01 0.01 50.00% |
If you're considering investing in News Stock, it is important to understand the factors that can impact its price. As of today, the current price of News Network stands at 0.01, as last reported on the 30th of November, with the highest price reaching 0.02 and the lowest price hitting 0.01 during the day. News Network is out of control given 3 months investment horizon. News Network has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14% return per unit of risk over the last 3 months. We were able to collect data for twenty-four different technical indicators, which can help you to evaluate if expected returns of 17.97% are justified by taking the suggested risk. Use News Network Standard Deviation of 30.77, risk adjusted performance of 0.1038, and Mean Deviation of 14.58 to evaluate company specific risk that cannot be diversified away.
News Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
News |
Sharpe Ratio = 0.1391
| Best Portfolio | Best Equity | NEWS | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 129.21 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
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average News Network is performing at about 10% 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 News Network by adding it to a well-diversified portfolio.
News Network Valuation on March 19, 2024
It is possible to determine the worth of News Network on a given historical date. On March 19, 2024 News was worth 0.03 at the beginning of the trading date compared to the closed value of 0.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of News Network stock. Still, in general, we apply an absolute valuation method to find News Network'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 News Network where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against News Network's related companies.
| Open | High | Low | Close | Volume | |
| 0.02 | 0.03 | 0.02 | 0.03 | 76,755,400 | |
03/19/2024 | 0.03 | 0.03 | 0.02 | 0.03 | 80,643,700 |
| 0.03 | 0.03 | 0.03 | 0.03 | 1.00 |
| Backtest News Network | | | News Network History | | | News Network Valuation | Previous | Next |
News Network Trading Date Momentum on March 19, 2024
| On March 20 2024 News Network was traded for 0.03 at the closing time. The highest price during the trading period was 0.03 and the lowest recorded bid was listed for 0.03 . There was no trading activity during the period 1.0. Lack of trading volume on March 20, 2024 did not cause price change. The trading delta at closing time to the current price is 33.33% . |
News Network Fundamentals Correlations and Trends
By evaluating News Network'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 News Network's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. News financial account trend analysis is a perfect complement when working with valuation or volatility modules.About News Network Stock history
News Network 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 News is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in News Network 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 News Network stock prices may prove useful in developing a viable investing in News Network
News Network Corporation Public Company Limited, together with its subsidiaries, develops and sells software in Thailand. News Network Corporation Public Company Limited is based in Bangkok, Thailand. NEWS NETWORK is traded on Stock Exchange of Thailand in Thailand.
News Network Stock Technical Analysis
News Network 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
News Network Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
News Network 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.
News Network November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how News Network stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading News Network shares will generate the highest return on investment. By undertsting and applying News Network stock market strength indicators, traders can identify News Network entry and exit signals to maximize returns
News Network Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for News Network's price direction in advance. Along with the technical and fundamental analysis of News Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of News 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 | 0.1038 | |||
| Jensen Alpha | 3.8 | |||
| Total Risk Alpha | (1.36) | |||
| Treynor Ratio | (21.32) |
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Other Information on Investing in News Stock
News Network financial ratios help investors to determine whether News 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 News with respect to the benefits of owning News Network security.