Pan Asia (Thailand) Price on October 9, 2023

PAF Stock  THB 0.99  0.01  1.00%   
If you're considering investing in Pan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Pan Asia stands at 0.99, as last reported on the 12th of December 2024, with the highest price reaching 1.01 and the lowest price hitting 0.98 during the day. Pan Asia Footwear maintains Sharpe Ratio (i.e., Efficiency) of -0.14, which implies the firm had a -0.14% return per unit of risk over the last 3 months. Pan Asia Footwear exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pan Asia's Risk Adjusted Performance of (0.12), coefficient of variation of (550.26), and Variance of 4.58 to confirm the risk estimate we provide.
  
Pan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1411

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Estimated Market Risk

 1.94
  actual daily
17
83% of assets are more volatile

Expected Return

 -0.27
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.14
  actual daily
0
Most of other assets perform better
Based on monthly moving average Pan Asia 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 Pan Asia by adding Pan Asia to a well-diversified portfolio.

Pan Asia Valuation on October 9, 2023

It is possible to determine the worth of Pan Asia on a given historical date. On October 9, 2023 Pan was worth 1.27 at the beginning of the trading date compared to the closed value of 1.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pan Asia stock. Still, in general, we apply an absolute valuation method to find Pan Asia'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 Pan Asia where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pan Asia's related companies.
 Open High Low Close Volume
  1.29    1.30    1.27    1.27    94,825  
10/09/2023
  1.27    1.27    1.23    1.24    363,600  
  1.23    1.26    1.23    1.24    274,000  
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Open Value
1.27
1.24
Closing Value
7.08
Upside

Pan Asia Trading Date Momentum on October 9, 2023

On October 10 2023 Pan Asia Footwear was traded for  1.24  at the closing time. The maximum traded price for the trading interval was 1.26  and the lowest daily price was  1.23 . The daily volume was recorded at 274 K. The volume of trading on 10th of October 2023 did not cause price change. The trading delta at closing time to the closing price today is 6.45% .

Pan Asia Footwear Fundamentals Correlations and Trends

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

About Pan Asia Stock history

Pan Asia 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 Pan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Pan Asia Footwear 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 Pan Asia stock prices may prove useful in developing a viable investing in Pan Asia
Pan Asia Footwear Public Company Limited, an investment holding company, engages in the manufacture and distribution of footwear in Thailand. The company was founded in 1964 and is based in Si Racha, Thailand. PAN ASIA is traded on Stock Exchange of Thailand in Thailand.

Pan Asia Stock Technical Analysis

Pan Asia 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 Pan Asia technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Pan Asia 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

Pan Asia Period Price Range

Low
December 12, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Pan Asia Footwear 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.

Pan Asia December 12, 2024 Market Strength

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

Pan Asia Technical and Predictive Indicators

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

Pan Asia financial ratios help investors to determine whether Pan 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 Pan with respect to the benefits of owning Pan Asia security.