Prime Road (Thailand) Price on October 1, 2024
PRIME Stock | THB 0.22 0.01 4.35% |
If you're considering investing in Prime Stock, it is important to understand the factors that can impact its price. As of today, the current price of Prime Road stands at 0.22, as last reported on the 15th of December 2024, with the highest price reaching 0.24 and the lowest price hitting 0.22 during the day. Prime Road Power maintains Sharpe Ratio (i.e., Efficiency) of -0.0983, which implies the firm had a -0.0983% return per unit of risk over the last 3 months. Prime Road Power exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Prime Road's Risk Adjusted Performance of (0.01), variance of 25.55, and Coefficient Of Variation of (4,059) to confirm the risk estimate we provide.
Prime Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Prime |
Sharpe Ratio = -0.0983
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Estimated Market Risk
4.53 actual daily | 40 60% of assets are more volatile |
Expected Return
-0.44 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Prime Road 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 Prime Road by adding Prime Road to a well-diversified portfolio.
Prime Road Valuation on October 1, 2024
It is possible to determine the worth of Prime Road on a given historical date. On October 1, 2024 Prime was worth 0.32 at the beginning of the trading date compared to the closed value of 0.31. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Prime Road stock. Still, in general, we apply an absolute valuation method to find Prime Road'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 Prime Road where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Prime Road's related companies.
Open | High | Low | Close | Volume | |
0.32 | 0.32 | 0.30 | 0.31 | 10,070,631 | |
10/01/2024 | 0.32 | 0.33 | 0.31 | 0.31 | 6,706,400 |
0.32 | 0.34 | 0.31 | 0.33 | 29,129,925 |
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Prime Road Trading Date Momentum on October 1, 2024
On October 02 2024 Prime Road Power was traded for 0.33 at the closing time. The highest price during the trading period was 0.34 and the lowest recorded bid was listed for 0.31 . The volume for the day was 29.1 M. This history from October 2, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 6.45% . The trading delta at closing time to the current price is 3.23% . |
Prime Road Power Fundamentals Correlations and Trends
By evaluating Prime Road'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 Prime Road's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Prime financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Prime Road Stock history
Prime Road 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 Prime is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Prime Road Power 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 Prime Road stock prices may prove useful in developing a viable investing in Prime Road
Prime Road Power Public Company Limited engages in the generation and distribution of electricity from solar energy in Thailand and internationally. Prime Road Power Public Company Limited was founded in 1999 and is based in Bangkok, Thailand. PRIME ROAD operates under UtilitiesRenewable classification in Thailand and is traded on Stock Exchange of Thailand.
Prime Road Stock Technical Analysis
Prime Road 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
Prime Road Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Prime Road Power 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.
Prime Road December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Prime Road stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Prime Road shares will generate the highest return on investment. By undertsting and applying Prime Road stock market strength indicators, traders can identify Prime Road Power entry and exit signals to maximize returns
Prime Road Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Prime Road's price direction in advance. Along with the technical and fundamental analysis of Prime Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Prime 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 | (0.01) | |||
Jensen Alpha | (0) | |||
Total Risk Alpha | (0.76) | |||
Treynor Ratio | 0.0924 |
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Volume Indicators |
Complementary Tools for Prime Stock analysis
When running Prime Road's price analysis, check to measure Prime Road's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Prime Road is operating at the current time. Most of Prime Road's value examination focuses on studying past and present price action to predict the probability of Prime Road's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prime Road's price. Additionally, you may evaluate how the addition of Prime Road to your portfolios can decrease your overall portfolio volatility.
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