PTT Oil (Thailand) Price on September 16, 2024

OR Stock  THB 14.30  0.10  0.69%   
If you're considering investing in PTT Stock, it is important to understand the factors that can impact its price. As of today, the current price of PTT Oil stands at 14.30, as last reported on the 27th of November, with the highest price reaching 14.60 and the lowest price hitting 14.20 during the day. PTT Oil maintains Sharpe Ratio (i.e., Efficiency) of -0.0531, which implies the firm had a -0.0531% return per unit of standard deviation over the last 3 months. PTT Oil exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PTT Oil's Market Risk Adjusted Performance of 0.6269, risk adjusted performance of (0.03), and Coefficient Of Variation of (2,208) to confirm the risk estimate we provide.
  
PTT Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0531

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Estimated Market Risk

 1.79
  actual daily
15
85% of assets are more volatile

Expected Return

 -0.09
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average PTT Oil 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 PTT Oil by adding PTT Oil to a well-diversified portfolio.

PTT Oil Valuation on September 16, 2024

It is possible to determine the worth of PTT Oil on a given historical date. On September 16, 2024 PTT was worth 16.8 at the beginning of the trading date compared to the closed value of 17.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PTT Oil stock. Still, in general, we apply an absolute valuation method to find PTT Oil'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 PTT Oil where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PTT Oil's related companies.
 Open High Low Close Volume
  16.90    16.90    16.60    16.70    6,619,200  
09/16/2024
  16.80    17.20    16.70    17.00    28,825,400  
  17.00    17.10    16.80    16.80    8,132,700  
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Open Value
16.8
17.0
Closing Value
22.16
Upside

PTT Oil Trading Date Momentum on September 16, 2024

On September 17 2024 PTT Oil and was traded for  16.80  at the closing time. The highest daily price throughout the period was 17.10  and the lowest price was  16.80 . The daily volume was 8.1 M. The net trading volume on 09/17/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.18% . The trading delta at closing time to current closing price is 1.18% .

PTT Oil Fundamentals Correlations and Trends

By evaluating PTT Oil'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 PTT Oil's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. PTT financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About PTT Oil Stock history

PTT Oil 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 PTT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PTT Oil 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 PTT Oil stock prices may prove useful in developing a viable investing in PTT Oil
PTT Oil and Retail Business Public Company Limited, together with its subsidiaries, engages in the retail and commercial marketing of petroleum products and other services in Thailand and internationally. PTT Oil and Retail Business Public Company Limited is a subsidiary of PTT Public Company Limited. PTT OIL is traded on Stock Exchange of Thailand in Thailand.

PTT Oil Stock Technical Analysis

PTT Oil 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.
A focus of PTT Oil technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of PTT Oil trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

PTT Oil Period Price Range

Low
November 27, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

PTT Oil and 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.

PTT Oil November 27, 2024 Market Strength

Market strength indicators help investors to evaluate how PTT Oil stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PTT Oil shares will generate the highest return on investment. By undertsting and applying PTT Oil stock market strength indicators, traders can identify PTT Oil and entry and exit signals to maximize returns

PTT Oil Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for PTT Oil's price direction in advance. Along with the technical and fundamental analysis of PTT Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of PTT 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.

Other Information on Investing in PTT Stock

PTT Oil financial ratios help investors to determine whether PTT 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 PTT with respect to the benefits of owning PTT Oil security.