SCB X (Thailand) Price on September 27, 2024
| SCB Stock | THB 114.00 0.50 0.44% |
If you're considering investing in SCB Stock, it is important to understand the factors that can impact its price. As of today, the current price of SCB X stands at 114.00, as last reported on the 29th of November, with the highest price reaching 115.50 and the lowest price hitting 114.00 during the day. As of now, SCB Stock is very steady. SCB X Public retains Efficiency (Sharpe Ratio) of 0.13, which indicates the company had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for SCB X, which you can use to evaluate the volatility of the entity. Please validate SCB X's Market Risk Adjusted Performance of 0.82, standard deviation of 1.11, and Semi Deviation of 0.5688 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%.
SCB Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
SCB |
Sharpe Ratio = 0.1289
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Estimated Market Risk
| 1.14 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average SCB X is performing at about 10% 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 SCB X by adding it to a well-diversified portfolio.
SCB X Valuation on September 27, 2024
It is possible to determine the worth of SCB X on a given historical date. On September 27, 2024 SCB was worth 111.0 at the beginning of the trading date compared to the closed value of 110.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SCB X stock. Still, in general, we apply an absolute valuation method to find SCB X'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 SCB X where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SCB X's related companies.
| Open | High | Low | Close | Volume | |
| 111.00 | 111.50 | 110.50 | 111.00 | 4,127,335 | |
09/27/2024 | 111.00 | 111.50 | 109.50 | 110.00 | 5,679,984 |
| 109.50 | 110.50 | 108.50 | 109.00 | 18,596,478 |
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SCB X Trading Date Momentum on September 27, 2024
| On September 30 2024 SCB X Public was traded for 109.00 at the closing time. The maximum traded price for the trading interval was 110.50 and the lowest daily price was 108.50 . The daily volume was recorded at 18.6 M. The volume of trading on 30th of September 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 0.91% . The trading price change to the closing price today is 0.00% . |
SCB X Public Fundamentals Correlations and Trends
By evaluating SCB X'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 SCB X's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SCB financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SCB X Stock history
SCB X 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 SCB is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SCB X 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 SCB X stock prices may prove useful in developing a viable investing in SCB X
SCB X Public Company Limited operates as a holding company for The Siam Commercial Bank Public Company Limited that provides various financial products and services. SCB X Public Company Limited was founded in 1906 and is headquartered in Bangkok, Thailand. THE SIAM operates under Banking classification in Thailand and is traded on Stock Exchange of Thailand.
SCB X Stock Technical Analysis
SCB X 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
SCB X Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
SCB X 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.
SCB X November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how SCB X stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SCB X shares will generate the highest return on investment. By undertsting and applying SCB X stock market strength indicators, traders can identify SCB X Public entry and exit signals to maximize returns
SCB X Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SCB X's price direction in advance. Along with the technical and fundamental analysis of SCB Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SCB 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 | 0.0935 | |||
| Jensen Alpha | 0.1034 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0059 | |||
| Treynor Ratio | 0.81 |
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Other Information on Investing in SCB Stock
SCB X financial ratios help investors to determine whether SCB 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 SCB with respect to the benefits of owning SCB X security.