Sirakorn PCL (Thailand) Price on November 28, 2024
| SK Stock | THB 0.61 0.01 1.61% |
If you're considering investing in Sirakorn Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sirakorn PCL stands at 0.61, as last reported on the 2nd of December, with the highest price reaching 0.62 and the lowest price hitting 0.61 during the day. Sirakorn PCL owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.06, which indicates the firm had a -0.06% return per unit of risk over the last 3 months. Sirakorn PCL exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sirakorn PCL's Coefficient Of Variation of (1,185), variance of 4.79, and Risk Adjusted Performance of (0.06) to confirm the risk estimate we provide.
Sirakorn Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sirakorn |
Sharpe Ratio = -0.06
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Estimated Market Risk
| 2.12 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sirakorn PCL 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 Sirakorn PCL by adding Sirakorn PCL to a well-diversified portfolio.
Sirakorn PCL Valuation on November 28, 2024
It is possible to determine the worth of Sirakorn PCL on a given historical date. On November 28, 2024 Sirakorn was worth 0.61 at the beginning of the trading date compared to the closed value of 0.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sirakorn PCL stock. Still, in general, we apply an absolute valuation method to find Sirakorn PCL'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 Sirakorn PCL where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sirakorn PCL's related companies.
| Open | High | Low | Close | Volume | |
| 0.62 | 0.63 | 0.61 | 0.61 | 166,500 | |
11/28/2024 | 0.61 | 0.62 | 0.60 | 0.62 | 597,300 |
| 0.61 | 0.62 | 0.61 | 0.61 | 90,000 |
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Sirakorn PCL Trading Date Momentum on November 28, 2024
| On November 29 2024 Sirakorn PCL was traded for 0.61 at the closing time. The highest daily price throughout the period was 0.62 and the lowest price was 0.61 . The daily volume was 90 K. The net trading volume on 11/29/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 1.61% . The trading price change to current closing price is 1.61% . |
Sirakorn PCL Fundamentals Correlations and Trends
By evaluating Sirakorn PCL'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 Sirakorn PCL's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sirakorn financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sirakorn PCL Stock history
Sirakorn PCL 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 Sirakorn is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sirakorn PCL 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 Sirakorn PCL stock prices may prove useful in developing a viable investing in Sirakorn PCL
Sirakorn Public Company Limited manufactures and distributes concrete products. Sirakorn Public Company Limited was founded in 1989 and is headquartered in Nonthaburi, Thailand. SIRAKORN PUBLIC operates under Building Materials classification in Thailand and is traded on Stock Exchange of Thailand.
Sirakorn PCL Stock Technical Analysis
Sirakorn PCL 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
Sirakorn PCL Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Sirakorn PCL 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.
Sirakorn PCL December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Sirakorn PCL stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sirakorn PCL shares will generate the highest return on investment. By undertsting and applying Sirakorn PCL stock market strength indicators, traders can identify Sirakorn PCL entry and exit signals to maximize returns
Sirakorn PCL Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sirakorn PCL's price direction in advance. Along with the technical and fundamental analysis of Sirakorn Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sirakorn 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 | (0.06) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.56) | |||
| Treynor Ratio | 0.3095 |
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Other Information on Investing in Sirakorn Stock
Sirakorn PCL financial ratios help investors to determine whether Sirakorn 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 Sirakorn with respect to the benefits of owning Sirakorn PCL security.