Shrinkflex Public (Thailand) Price on December 2, 2024
| SFT Stock | THB 3.22 0.18 5.29% |
If you're considering investing in Shrinkflex Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shrinkflex Public stands at 3.22, as last reported on the 4th of December, with the highest price reaching 3.36 and the lowest price hitting 3.18 during the day. As of now, Shrinkflex Stock is slightly risky. Shrinkflex Public owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0152, which indicates the firm had a 0.0152% return per unit of risk over the last 3 months. We have found thirty technical indicators for Shrinkflex Public, which you can use to evaluate the volatility of the company. Please validate Shrinkflex Public's Risk Adjusted Performance of 0.0245, coefficient of variation of 4137.33, and Semi Deviation of 1.53 to confirm if the risk estimate we provide is consistent with the expected return of 0.031%.
Shrinkflex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Shrinkflex |
Sharpe Ratio = 0.0152
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Estimated Market Risk
| 2.04 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Shrinkflex Public is performing at about 1% 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 Shrinkflex Public by adding it to a well-diversified portfolio.
Shrinkflex Public Valuation on December 2, 2024
It is possible to determine the worth of Shrinkflex Public on a given historical date. On December 2, 2024 Shrinkflex was worth 3.32 at the beginning of the trading date compared to the closed value of 3.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shrinkflex Public stock. Still, in general, we apply an absolute valuation method to find Shrinkflex Public'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 Shrinkflex Public where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shrinkflex Public's related companies.
| Open | High | Low | Close | Volume | |
| 3.34 | 3.44 | 3.32 | 3.40 | 5,000 | |
12/02/2024 | 3.32 | 3.40 | 3.20 | 3.40 | 6,100 |
| 3.28 | 3.36 | 3.18 | 3.22 | 13,900 |
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Shrinkflex Public Trading Date Momentum on December 2, 2024
| On December 03 2024 Shrinkflex Public was traded for 3.22 at the closing time. The maximum traded price for the trading interval was 3.36 and the lowest daily price was 3.18 . The daily volume was recorded at 13.9 K. The volume of trading on 3rd of December 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 5.29% . The trading price change to the closing price today is 3.53% . |
Shrinkflex Public Fundamentals Correlations and Trends
By evaluating Shrinkflex Public'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 Shrinkflex Public's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shrinkflex financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shrinkflex Public Stock history
Shrinkflex Public 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 Shrinkflex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shrinkflex 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 Shrinkflex Public stock prices may prove useful in developing a viable investing in Shrinkflex Public
Shrinkflex Public Company Limited manufactures and distributes PVC and PET shrink sleeve labels in Thailand. The company was founded in 2007 and is headquartered in Chachoengsao, Thailand. SHRINKFLEX PUBLIC operates under Specialty Industrial Machinery classification in Thailand and is traded on Stock Exchange of Thailand.
Shrinkflex Public Stock Technical Analysis
Shrinkflex Public 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
Shrinkflex Public Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Shrinkflex 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.
Shrinkflex Public December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Shrinkflex Public stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shrinkflex Public shares will generate the highest return on investment. By undertsting and applying Shrinkflex Public stock market strength indicators, traders can identify Shrinkflex Public entry and exit signals to maximize returns
Shrinkflex Public Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shrinkflex Public's price direction in advance. Along with the technical and fundamental analysis of Shrinkflex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shrinkflex 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 | 0.0245 | |||
| Jensen Alpha | 0.0054 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.1208 |
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Other Information on Investing in Shrinkflex Stock
Shrinkflex Public financial ratios help investors to determine whether Shrinkflex 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 Shrinkflex with respect to the benefits of owning Shrinkflex Public security.