Precious Shipping (Thailand) Price on November 29, 2024
| PSL Stock | THB 7.45 0.10 1.32% |
If you're considering investing in Precious Stock, it is important to understand the factors that can impact its price. As of today, the current price of Precious Shipping stands at 7.45, as last reported on the 3rd of December, with the highest price reaching 7.60 and the lowest price hitting 7.40 during the day. Precious Shipping Public maintains Sharpe Ratio (i.e., Efficiency) of -0.0732, which implies the firm had a -0.0732% return per unit of risk over the last 3 months. Precious Shipping Public exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Precious Shipping's Variance of 5.18, risk adjusted performance of (0.01), and Coefficient Of Variation of (5,135) to confirm the risk estimate we provide.
Precious Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Precious |
Sharpe Ratio = -0.0732
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Estimated Market Risk
| 2.04 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Precious Shipping 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 Precious Shipping by adding Precious Shipping to a well-diversified portfolio.
Precious Shipping Valuation on November 29, 2024
It is possible to determine the worth of Precious Shipping on a given historical date. On November 29, 2024 Precious was worth 7.5 at the beginning of the trading date compared to the closed value of 7.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Precious Shipping stock. Still, in general, we apply an absolute valuation method to find Precious Shipping'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 Precious Shipping where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Precious Shipping's related companies.
| Open | High | Low | Close | Volume | |
| 7.55 | 7.60 | 7.50 | 7.50 | 1,975,482 | |
11/29/2024 | 7.50 | 7.75 | 7.45 | 7.55 | 9,729,654 |
| 7.50 | 7.60 | 7.40 | 7.45 | 5,929,345 |
| Backtest Precious Shipping | | | Precious Shipping History | | | Precious Shipping Valuation | Previous | Next |
Precious Shipping Trading Date Momentum on November 29, 2024
| On December 02 2024 Precious Shipping Public was traded for 7.45 at the closing time. The maximum traded price for the trading interval was 7.60 and the lowest daily price was 7.40 . The daily volume was recorded at 5.9 M. The volume of trading on 2nd of December 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 1.32% . The trading delta at closing time to the closing price today is 0.66% . |
Precious Shipping Public Fundamentals Correlations and Trends
By evaluating Precious Shipping'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 Precious Shipping's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Precious financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Precious Shipping Stock history
Precious Shipping 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 Precious is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Precious Shipping 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 Precious Shipping stock prices may prove useful in developing a viable investing in Precious Shipping
Precious Shipping Public Company Limited owns and operates dry bulk ships on a tramp-shipping basis worldwide. Precious Shipping Public Company Limited was founded in 1989 and is headquartered in Bangkok, Thailand. PRECIOUS SHIPPING operates under Marine Shipping classification in Thailand and is traded on Stock Exchange of Thailand.
Precious Shipping Stock Technical Analysis
Precious Shipping 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
Precious Shipping Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Precious Shipping 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.
Precious Shipping December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Precious Shipping stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Precious Shipping shares will generate the highest return on investment. By undertsting and applying Precious Shipping stock market strength indicators, traders can identify Precious Shipping Public entry and exit signals to maximize returns
Precious Shipping Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Precious Shipping's price direction in advance. Along with the technical and fundamental analysis of Precious Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Precious 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 | (0.05) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | 0.9842 |
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Other Information on Investing in Precious Stock
Precious Shipping financial ratios help investors to determine whether Precious 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 Precious with respect to the benefits of owning Precious Shipping security.