Pacific Pipe (Thailand) Price on September 12, 2023

PAP Stock  THB 1.70  0.07  3.95%   
If you're considering investing in Pacific Stock, it is important to understand the factors that can impact its price. As of today, the current price of Pacific Pipe stands at 1.70, as last reported on the 11th of December 2024, with the highest price reaching 1.77 and the lowest price hitting 1.58 during the day. Pacific Pipe Public maintains Sharpe Ratio (i.e., Efficiency) of -0.0203, which implies the firm had a -0.0203% return per unit of risk over the last 3 months. Pacific Pipe Public exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pacific Pipe's Risk Adjusted Performance of 0.0081, coefficient of variation of (318,119), and Variance of 19.63 to confirm the risk estimate we provide.
  
Pacific Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0203

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Estimated Market Risk

 4.56
  actual daily
40
60% of assets are more volatile

Expected Return

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

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Pacific Pipe 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 Pacific Pipe by adding Pacific Pipe to a well-diversified portfolio.

Pacific Pipe Valuation on September 12, 2023

It is possible to determine the worth of Pacific Pipe on a given historical date. On September 12, 2023 Pacific was worth 3.02 at the beginning of the trading date compared to the closed value of 3.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pacific Pipe stock. Still, in general, we apply an absolute valuation method to find Pacific Pipe'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 Pacific Pipe where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pacific Pipe's related companies.
 Open High Low Close Volume
  3.08    3.08    3.02    3.02    42,400  
09/12/2023
  3.02    3.08    3.02    3.06    11,800  
  3.08    3.22    3.02    3.02    488,500  
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Open Value
3.02
3.06
Closing Value
16.69
Upside

Pacific Pipe Trading Date Momentum on September 12, 2023

On September 13 2023 Pacific Pipe Public was traded for  3.02  at the closing time. The maximum traded price for the trading interval was 3.22  and the lowest daily price was  3.02 . The daily volume was recorded at 488.5 K. The volume of trading on 13th of September 2023 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 1.31% . The trading delta at closing time to the closing price today is 5.88% .

Pacific Pipe Public Fundamentals Correlations and Trends

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

About Pacific Pipe Stock history

Pacific Pipe 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 Pacific is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Pacific Pipe Public 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 Pacific Pipe stock prices may prove useful in developing a viable investing in Pacific Pipe
Pacific Pipe Public Company Limited, together with its subsidiaries, manufactures and distributes steel pipes for construction works primarily in Thailand. Pacific Pipe Public Company Limited is a subsidiary of Tang Mong Seng Holding Company Limited. PACIFIC PIPE operates under Steel classification in Thailand and is traded on Stock Exchange of Thailand.

Pacific Pipe Stock Technical Analysis

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

Pacific Pipe Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Pacific Pipe Public 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.

Pacific Pipe December 11, 2024 Market Strength

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

Pacific Pipe Technical and Predictive Indicators

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

Pacific Pipe financial ratios help investors to determine whether Pacific 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 Pacific with respect to the benefits of owning Pacific Pipe security.