Rojana Industrial (Thailand) Price on November 28, 2024
| ROJNA Stock | THB 6.30 0.05 0.79% |
If you're considering investing in Rojana Stock, it is important to understand the factors that can impact its price. As of today, the current price of Rojana Industrial stands at 6.30, as last reported on the 29th of November, with the highest price reaching 6.35 and the lowest price hitting 6.25 during the day. At this point, Rojana Industrial is somewhat reliable. Rojana Industrial Park maintains Sharpe Ratio (i.e., Efficiency) of 0.0779, which implies the firm had a 0.0779% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Rojana Industrial Park, which you can use to evaluate the volatility of the company. Please check Rojana Industrial's Coefficient Of Variation of 1890.2, semi deviation of 1.96, and Risk Adjusted Performance of 0.0473 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%.
Rojana Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Rojana |
Sharpe Ratio = 0.0779
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Estimated Market Risk
| 2.42 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Rojana Industrial is performing at about 6% of its full potential. 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 Rojana Industrial by adding it to a well-diversified portfolio.
Rojana Industrial Valuation on November 28, 2024
It is possible to determine the worth of Rojana Industrial on a given historical date. On November 28, 2024 Rojana was worth 6.45 at the beginning of the trading date compared to the closed value of 6.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rojana Industrial stock. Still, in general, we apply an absolute valuation method to find Rojana Industrial'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 Rojana Industrial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rojana Industrial's related companies.
| Open | High | Low | Close | Volume | |
| 6.60 | 6.60 | 6.30 | 6.45 | 3,048,753 | |
11/28/2024 | 6.45 | 6.45 | 6.30 | 6.35 | 1,844,831 |
| 6.35 | 6.35 | 6.25 | 6.30 | 1,732,613 |
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Rojana Industrial Trading Date Momentum on November 28, 2024
| On November 29 2024 Rojana Industrial Park was traded for 6.30 at the closing time. The highest price during the trading period was 6.35 and the lowest recorded bid was listed for 6.25 . The volume for the day was 1.7 M. This history from November 29, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.79% . The trading delta at closing time to the current price is 0.00% . |
Rojana Industrial Park Fundamentals Correlations and Trends
By evaluating Rojana Industrial'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 Rojana Industrial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Rojana financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Rojana Industrial Stock history
Rojana Industrial 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 Rojana is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rojana Industrial Park 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 Rojana Industrial stock prices may prove useful in developing a viable investing in Rojana Industrial
Rojana Industrial Park Public Company Limited, together with its subsidiaries, engages in the manufacture and sale of electricity from solar cell system in Thailand. The company was founded in 1988 and is headquartered in Bangkok, Thailand. ROJANA INDUSTRIAL operates under UtilitiesIndependent Power Producers classification in Thailand and is traded on Stock Exchange of Thailand.
Rojana Industrial Stock Technical Analysis
Rojana Industrial 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
Rojana Industrial Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Rojana Industrial Park 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.
Rojana Industrial November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Rojana Industrial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Rojana Industrial shares will generate the highest return on investment. By undertsting and applying Rojana Industrial stock market strength indicators, traders can identify Rojana Industrial Park entry and exit signals to maximize returns
Rojana Industrial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Rojana Industrial's price direction in advance. Along with the technical and fundamental analysis of Rojana Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Rojana 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 | 0.0473 | |||
| Jensen Alpha | 0.0273 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | 5.0E-4 | |||
| Treynor Ratio | 0.1507 |
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Complementary Tools for Rojana Stock analysis
When running Rojana Industrial's price analysis, check to measure Rojana Industrial'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 Rojana Industrial is operating at the current time. Most of Rojana Industrial's value examination focuses on studying past and present price action to predict the probability of Rojana Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rojana Industrial's price. Additionally, you may evaluate how the addition of Rojana Industrial to your portfolios can decrease your overall portfolio volatility.
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