Power Line (Thailand) Price on February 28, 2023

PLE Stock  THB 0.36  0.01  2.70%   
If you're considering investing in Power Stock, it is important to understand the factors that can impact its price. As of today, the current price of Power Line stands at 0.36, as last reported on the 4th of December, with the highest price reaching 0.38 and the lowest price hitting 0.36 during the day. Power Line Engineering maintains Sharpe Ratio (i.e., Efficiency) of -0.0305, which implies the firm had a -0.0305% return per unit of risk over the last 3 months. Power Line Engineering exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Power Line's Variance of 4.36, insignificant risk adjusted performance, and Coefficient Of Variation of (10,201) to confirm the risk estimate we provide.
  
Power Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0305

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Estimated Market Risk

 2.11
  actual daily
18
82% of assets are more volatile

Expected Return

 -0.06
  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 Power Line 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 Power Line by adding Power Line to a well-diversified portfolio.

Power Line Valuation on February 28, 2023

It is possible to determine the worth of Power Line on a given historical date. On February 28, 2023 Power was worth 0.66 at the beginning of the trading date compared to the closed value of 0.66. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Power Line stock. Still, in general, we apply an absolute valuation method to find Power Line'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 Power Line where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Power Line's related companies.
 Open High Low Close Volume
  0.67    0.68    0.66    0.67    870,600  
02/28/2023
  0.66    0.67    0.65    0.66    1,476,900  
  0.67    0.67    0.65    0.66    641,400  
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Open Value
0.66
0.66
Closing Value
6.99
Upside

Power Line Trading Date Momentum on February 28, 2023

On March 01 2023 Power Line Engineering was traded for  0.66  at the closing time. The maximum traded price for the trading interval was 0.67  and the lowest daily price was  0.65 . The daily volume was recorded at 641.4 K. The volume of trading on 1st of March 2023 did not cause price change. The trading delta at closing time to the closing price today is 0.00% .

Power Line Engineering Fundamentals Correlations and Trends

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

About Power Line Stock history

Power Line 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 Power is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Power Line Engineering 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 Power Line stock prices may prove useful in developing a viable investing in Power Line
Power Line Engineering Public Company Limited, together with its subsidiaries, engages in the design, engineering, and installation of mechanical and electrical systems for private and government sectors in Thailand and internationally. The company was founded in 1988 and is headquartered in Bangkok, Thailand. POWER LINE operates under Engineering Construction classification in Thailand and is traded on Stock Exchange of Thailand.

Power Line Stock Technical Analysis

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

Power Line Period Price Range

Low
December 4, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Power Line Engineering 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.

Power Line December 4, 2024 Market Strength

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

Power Line Technical and Predictive Indicators

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

Power Line financial ratios help investors to determine whether Power 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 Power with respect to the benefits of owning Power Line security.