Southern Concrete (Thailand) Price on May 19, 2023
| SCP Stock | THB 6.90 0.10 1.47% |
If you're considering investing in Southern Stock, it is important to understand the factors that can impact its price. As of today, the current price of Southern Concrete stands at 6.90, as last reported on the 23rd of November, with the highest price reaching 6.90 and the lowest price hitting 6.85 during the day. Southern Concrete is out of control given 3 months investment horizon. Southern Concrete Pile owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We were able to interpolate data for thirty different technical indicators, which can help you to evaluate if expected returns of 14.2% are justified by taking the suggested risk. Use Southern Concrete Pile Risk Adjusted Performance of 0.0771, semi deviation of 0.6845, and Coefficient Of Variation of 1058.03 to evaluate company specific risk that cannot be diversified away.
Southern Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Southern |
Sharpe Ratio = 0.1129
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Estimated Market Risk
| 125.81 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Southern Concrete is performing at about 8% 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 Southern Concrete by adding it to a well-diversified portfolio.
Southern Concrete Valuation on May 19, 2023
It is possible to determine the worth of Southern Concrete on a given historical date. On May 19, 2023 Southern was worth 4.51 at the beginning of the trading date compared to the closed value of 4.47. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Southern Concrete stock. Still, in general, we apply an absolute valuation method to find Southern Concrete'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 Southern Concrete where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Southern Concrete's related companies.
| Open | High | Low | Close | Volume | |
| 4.49 | 4.51 | 4.47 | 4.47 | 16,000 | |
05/19/2023 | 4.51 | 4.51 | 4.45 | 4.47 | 16,900 |
| 4.43 | 4.43 | 4.43 | 4.43 | 12,600 |
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Southern Concrete Trading Date Momentum on May 19, 2023
| On May 22 2023 Southern Concrete Pile was traded for 4.43 at the closing time. The maximum traded price for the trading interval was 4.43 and the lowest daily price was 4.43 . The daily volume was recorded at 12.6 K. The volume of trading on 22nd of May 2023 played a part in the next trading day price drop. The trading price change to the next closing price was 0.89% . The trading price change to the closing price today is 1.79% . |
Southern Concrete Pile Fundamentals Correlations and Trends
By evaluating Southern Concrete'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 Southern Concrete's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Southern financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Southern Concrete Stock history
Southern Concrete 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 Southern is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Southern Concrete Pile 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 Southern Concrete stock prices may prove useful in developing a viable investing in Southern Concrete
Southern Concrete Pile Public Company Limited manufactures, sells, installs, and services prestressed concrete products primarily in Thailand. The company was founded in 1979 and is headquartered in Bangkok, Thailand. SOUTHERN CONCRETE operates under Building Materials classification in Thailand and is traded on Stock Exchange of Thailand.
Southern Concrete Stock Technical Analysis
Southern Concrete 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
Southern Concrete Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Southern Concrete Pile 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.
Southern Concrete November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Southern Concrete stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Southern Concrete shares will generate the highest return on investment. By undertsting and applying Southern Concrete stock market strength indicators, traders can identify Southern Concrete Pile entry and exit signals to maximize returns
Southern Concrete Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Southern Concrete's price direction in advance. Along with the technical and fundamental analysis of Southern Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Southern 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 | 0.0771 | |||
| Jensen Alpha | 0.19 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.0037 | |||
| Treynor Ratio | (0.24) |
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Other Information on Investing in Southern Stock
Southern Concrete financial ratios help investors to determine whether Southern 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 Southern with respect to the benefits of owning Southern Concrete security.