Siamgas (Thailand) Price on May 25, 2023

SGP Stock  THB 7.05  0.05  0.71%   
If you're considering investing in Siamgas Stock, it is important to understand the factors that can impact its price. As of today, the current price of Siamgas stands at 7.05, as last reported on the 12th of December 2024, with the highest price reaching 7.05 and the lowest price hitting 7.00 during the day. Siamgas and Petroche owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0903, which indicates the firm had a -0.0903% return per unit of risk over the last 3 months. Siamgas and Petrochemicals exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Siamgas' Risk Adjusted Performance of (0.01), coefficient of variation of (5,412), and Variance of 0.8696 to confirm the risk estimate we provide.
  
Siamgas Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0903

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Estimated Market Risk

 0.84
  actual daily
7
93% of assets are more volatile

Expected Return

 -0.08
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  actual daily
0
Most of other assets perform better
Based on monthly moving average Siamgas 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 Siamgas by adding Siamgas to a well-diversified portfolio.

Siamgas Valuation on May 25, 2023

It is possible to determine the worth of Siamgas on a given historical date. On May 25, 2023 Siamgas was worth 8.2 at the beginning of the trading date compared to the closed value of 8.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Siamgas stock. Still, in general, we apply an absolute valuation method to find Siamgas' 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 Siamgas where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Siamgas' related companies.
 Open High Low Close Volume
  8.25    8.25    8.16    8.20    247,015  
05/25/2023
  8.20    8.20    8.11    8.11    276,222  
  8.11    8.20    8.11    8.16    140,524  
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Open Value
8.2
8.11
Closing Value
10.72
Upside

Siamgas Trading Date Momentum on May 25, 2023

On May 26 2023 Siamgas and Petrochemicals was traded for  8.16  at the closing time. The maximum traded price for the trading interval was 8.20  and the lowest daily price was  8.11 . The daily volume was recorded at 140.5 K. The volume of trading on 26th of May 2023 played a part in the next trading day price upswing. The trading price change to the next closing price was 0.62% . The trading price change to the closing price today is 1.11% .

Siamgas and Petroche Fundamentals Correlations and Trends

By evaluating Siamgas' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Siamgas' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Siamgas financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Siamgas Stock history

Siamgas 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 Siamgas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Siamgas and Petroche 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 Siamgas stock prices may prove useful in developing a viable investing in Siamgas
Siamgas and Petrochemicals Public Company Limited, together with its subsidiaries, trades in liquefied petroleum gas and petrochemical products in Thailand and internationally. Siamgas and Petrochemicals Public Company Limited was founded in 2001 and is headquartered in Bangkok, Thailand. SIAMGAS AND operates under Oil Gas Midstream classification in Thailand and is traded on Stock Exchange of Thailand.

Siamgas Stock Technical Analysis

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

Siamgas Period Price Range

Low
December 12, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Siamgas and Petrochemicals 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.

Siamgas December 12, 2024 Market Strength

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

Siamgas Technical and Predictive Indicators

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

Other Information on Investing in Siamgas Stock

Siamgas financial ratios help investors to determine whether Siamgas 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 Siamgas with respect to the benefits of owning Siamgas security.