New Plus (Thailand) Price on February 13, 2024
| NPK Stock | THB 12.30 1.30 11.82% |
If you're considering investing in New Stock, it is important to understand the factors that can impact its price. As of today, the current price of New Plus stands at 12.30, as last reported on the 5th of January, with the highest price reaching 12.30 and the lowest price hitting 11.10 during the day. New Plus Knitting has Sharpe Ratio of -0.0269, which conveys that the firm had a -0.0269% return per unit of risk over the last 3 months. New Plus exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify New Plus' Mean Deviation of 2.3, risk adjusted performance of (0.02), and Standard Deviation of 3.37 to check out the risk estimate we provide.
New Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
New |
Sharpe Ratio = -0.0269
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Estimated Market Risk
| 3.52 actual daily | 31 69% of assets are more volatile |
Expected Return
| -0.09 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 New Plus 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 New Plus by adding New Plus to a well-diversified portfolio.
New Plus Valuation on February 13, 2024
It is possible to determine the worth of New Plus on a given historical date. On February 13, 2024 New was worth 15.1 at the beginning of the trading date compared to the closed value of 15.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of New Plus stock. Still, in general, we apply an absolute valuation method to find New Plus' 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 New Plus where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against New Plus' related companies.
| Open | High | Low | Close | Volume | |
| 15.50 | 15.50 | 15.50 | 15.50 | 100.00 | |
02/13/2024 | 15.10 | 15.10 | 15.10 | 15.10 | 100.00 |
| 15.10 | 15.10 | 15.10 | 15.10 | 1.00 |
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New Plus Trading Date Momentum on February 13, 2024
| On February 14 2024 New Plus Knitting was traded for 15.10 at the closing time. The maximum traded price for the trading interval was 15.10 and the lowest daily price was 15.10 . There was no trading activity during the period 1.0. Lack of trading volume on 14th of February 2024 did not cause price change. The trading delta at closing time to the closing price today is 8.61% . |
New Plus Knitting Fundamentals Correlations and Trends
By evaluating New Plus' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among New Plus' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. New financial account trend analysis is a perfect complement when working with valuation or volatility modules.About New Plus Stock history
New Plus 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 New is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in New Plus Knitting 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 New Plus stock prices may prove useful in developing a viable investing in New Plus
New Plus Knitting Public Company Limited manufactures and distributes pantyhose socks, under-wears, and other related products in Thailand. The company was founded in 1972 and is headquartered in Chachoengsao, Thailand. NEW PLUS operates under Apparel Manufacturing classification in Thailand and is traded on Stock Exchange of Thailand.
New Plus Stock Technical Analysis
New Plus 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
New Plus Period Price Range
Low | January 5, 2025
| High |
0.00 | 0.00 |
New Plus Knitting 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.
New Plus January 5, 2025 Market Strength
Market strength indicators help investors to evaluate how New Plus stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading New Plus shares will generate the highest return on investment. By undertsting and applying New Plus stock market strength indicators, traders can identify New Plus Knitting entry and exit signals to maximize returns
New Plus Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for New Plus' price direction in advance. Along with the technical and fundamental analysis of New Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of New 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 | (0.02) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | 2.52 |
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Other Information on Investing in New Stock
New Plus financial ratios help investors to determine whether New 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 New with respect to the benefits of owning New Plus security.