Shangri La (Thailand) Price on December 3, 2024

SHANG Stock  THB 43.00  1.50  3.37%   
If you're considering investing in Shangri Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shangri La stands at 43.00, as last reported on the 31st of January, with the highest price reaching 43.25 and the lowest price hitting 43.00 during the day. Shangri La Hotel owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.26, which indicates the firm had a -0.26 % return per unit of risk over the last 3 months. Shangri La Hotel Public exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shangri La's Variance of 1.04, coefficient of variation of (389.51), and Risk Adjusted Performance of (0.21) to confirm the risk estimate we provide.
  
Shangri Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2567

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Estimated Market Risk

 1.02
  actual daily
9
91% of assets are more volatile

Expected Return

 -0.26
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.26
  actual daily
0
Most of other assets perform better
Based on monthly moving average Shangri La 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 Shangri La by adding Shangri La to a well-diversified portfolio.

Shangri La Valuation on December 3, 2024

It is possible to determine the worth of Shangri La on a given historical date. On December 3, 2024 Shangri was worth 49.0 at the beginning of the trading date compared to the closed value of 49.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shangri La stock. Still, in general, we apply an absolute valuation method to find Shangri La'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 Shangri La where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shangri La's related companies.
 Open High Low Close Volume
  48.75    48.75    48.75    48.75    300.00  
12/03/2024
  49.00    49.00    49.00    49.00    101.00  
  49.00    49.00    49.00    49.00    26,000  
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Open Value
49.0
49.0
Closing Value
52.07
Upside

Shangri La Trading Date Momentum on December 3, 2024

On December 04 2024 Shangri La Hotel Public was traded for  49.00  at the closing time. The highest price during the trading period was 49.00  and the lowest recorded bid was listed for  49.00 . The volume for the day was 26 K. This history from December 4, 2024 did not result in any price rise and fall. The trading price change to the current price is 1.02% .

Shangri La Hotel Fundamentals Correlations and Trends

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

About Shangri La Stock history

Shangri La 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 Shangri is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shangri La Hotel 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 Shangri La stock prices may prove useful in developing a viable investing in Shangri La
Shangri-La Hotel Public Company Limited operates hotels, resorts, and investment properties in Thailand. Shangri-La Hotel Public Company Limited is a subsidiary of Shangri-La Asia Limited. SHANGRI LA operates under Lodging classification in Thailand and is traded on Stock Exchange of Thailand.

Shangri La Stock Technical Analysis

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

Shangri La Period Price Range

Low
January 31, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Shangri La Hotel 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.

Shangri La January 31, 2025 Market Strength

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

Shangri La Technical and Predictive Indicators

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

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