Sanko Diecasting (Thailand) Price on October 17, 2023

SANKO Stock  THB 1.14  0.02  1.72%   
If you're considering investing in Sanko Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sanko Diecasting stands at 1.14, as last reported on the 3rd of February, with the highest price reaching 1.17 and the lowest price hitting 1.14 during the day. Sanko Diecasting Public owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0437, which indicates the firm had a -0.0437 % return per unit of risk over the last 3 months. Sanko Diecasting Public exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sanko Diecasting's Risk Adjusted Performance of (0.01), coefficient of variation of (4,506), and Variance of 1.86 to confirm the risk estimate we provide.
  
Sanko Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0437

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Estimated Market Risk

 1.39
  actual daily
12
88% of assets are more volatile

Expected Return

 -0.06
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Sanko Diecasting 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 Sanko Diecasting by adding Sanko Diecasting to a well-diversified portfolio.

Sanko Diecasting Valuation on October 17, 2023

It is possible to determine the worth of Sanko Diecasting on a given historical date. On October 17, 2023 Sanko was worth 1.27 at the beginning of the trading date compared to the closed value of 1.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sanko Diecasting stock. Still, in general, we apply an absolute valuation method to find Sanko Diecasting'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 Sanko Diecasting where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sanko Diecasting's related companies.
 Open High Low Close Volume
  1.22    1.23    1.19    1.20    159,388  
10/17/2023
  1.27    1.27    1.22    1.23    124,030  
  1.23    1.24    1.23    1.23    59,207  
Backtest Sanko Diecasting  |  Sanko Diecasting History  |  Sanko Diecasting Valuation   PreviousNext  
Open Value
1.27
1.23
Closing Value
5.45
Upside

Sanko Diecasting Trading Date Momentum on October 17, 2023

On October 18 2023 Sanko Diecasting Public was traded for  1.23  at the closing time. The highest price during the trading period was 1.24  and the lowest recorded bid was listed for  1.23 . The volume for the day was 59.2 K. This history from October 18, 2023 did not result in any price rise and fall. The trading price change to the current price is 6.50% .

Sanko Diecasting Public Fundamentals Correlations and Trends

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

About Sanko Diecasting Stock history

Sanko Diecasting 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 Sanko is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sanko Diecasting 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 Sanko Diecasting stock prices may prove useful in developing a viable investing in Sanko Diecasting
Sanko Diecasting Public Company Limited manufactures and distributes aluminum products and parts in Thailand and internationally. Sanko Diecasting Public Company Limited was founded in 1996 and is headquartered in Rayong, Thailand. SANKO DIECASTING operates under Auto Parts classification in Thailand and is traded on Stock Exchange of Thailand.

Sanko Diecasting Stock Technical Analysis

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

Sanko Diecasting Period Price Range

Low
February 3, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Sanko Diecasting 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.

Sanko Diecasting February 3, 2025 Market Strength

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

Sanko Diecasting Technical and Predictive Indicators

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

Complementary Tools for Sanko Stock analysis

When running Sanko Diecasting's price analysis, check to measure Sanko Diecasting'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 Sanko Diecasting is operating at the current time. Most of Sanko Diecasting's value examination focuses on studying past and present price action to predict the probability of Sanko Diecasting's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sanko Diecasting's price. Additionally, you may evaluate how the addition of Sanko Diecasting to your portfolios can decrease your overall portfolio volatility.
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