President Bakery (Thailand) Price on November 21, 2023
PB Stock | THB 60.00 0.50 0.84% |
If you're considering investing in President Stock, it is important to understand the factors that can impact its price. As of today, the current price of President Bakery stands at 60.00, as last reported on the 11th of December 2024, with the highest price reaching 60.00 and the lowest price hitting 59.25 during the day. President Bakery Public maintains Sharpe Ratio (i.e., Efficiency) of -0.0307, which implies the firm had a -0.0307% return per unit of risk over the last 3 months. President Bakery Public exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check President Bakery's Semi Deviation of 0.5807, coefficient of variation of 25952.56, and Risk Adjusted Performance of 0.0036 to confirm the risk estimate we provide.
President Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
President |
Sharpe Ratio = -0.0307
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Estimated Market Risk
0.78 actual daily | 6 94% of assets are more volatile |
Expected Return
-0.02 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 President Bakery 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 President Bakery by adding President Bakery to a well-diversified portfolio.
President Bakery Valuation on November 21, 2023
It is possible to determine the worth of President Bakery on a given historical date. On November 21, 2023 President was worth 69.06 at the beginning of the trading date compared to the closed value of 68.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of President Bakery stock. Still, in general, we apply an absolute valuation method to find President Bakery'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 President Bakery where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against President Bakery's related companies.
Open | High | Low | Close | Volume | |
69.81 | 69.81 | 69.31 | 69.31 | 500.00 | |
11/21/2023 | 69.06 | 69.31 | 68.82 | 68.82 | 1,500 |
68.57 | 68.57 | 67.33 | 67.33 | 6,400 |
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President Bakery Trading Date Momentum on November 21, 2023
On November 22 2023 President Bakery Public was traded for 67.33 at the closing time. The highest daily price throughout the period was 68.57 and the lowest price was 67.33 . The daily volume was 6.4 K. The net trading volume on 11/22/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 2.17% . The trading delta at closing time to current closing price is 0.73% . |
President Bakery Public Fundamentals Correlations and Trends
By evaluating President Bakery'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 President Bakery's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. President financial account trend analysis is a perfect complement when working with valuation or volatility modules.About President Bakery Stock history
President Bakery 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 President is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in President Bakery 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 President Bakery stock prices may prove useful in developing a viable investing in President Bakery
President Bakery Public Company Limited manufactures and sells bakery products in Thailand. President Bakery Public Company Limited is a subsidiary of Thai President Foods Public Company Limited. PRESIDENT BAKERY operates under Packaged Foods classification in Thailand and is traded on Stock Exchange of Thailand.
President Bakery Stock Technical Analysis
President Bakery 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
President Bakery Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
President Bakery 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.
President Bakery December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how President Bakery stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading President Bakery shares will generate the highest return on investment. By undertsting and applying President Bakery stock market strength indicators, traders can identify President Bakery Public entry and exit signals to maximize returns
President Bakery Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for President Bakery's price direction in advance. Along with the technical and fundamental analysis of President Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of President 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 | 0.0036 | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.13) | |||
Sortino Ratio | (0.1) | |||
Treynor Ratio | (0.1) |
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Other Information on Investing in President Stock
President Bakery financial ratios help investors to determine whether President 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 President with respect to the benefits of owning President Bakery security.