Sky ICT (Thailand) Price on October 31, 2023
| SKY Stock | THB 23.40 0.40 1.68% |
If you're considering investing in Sky Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sky ICT stands at 23.40, as last reported on the 11th of December 2024, with the highest price reaching 24.20 and the lowest price hitting 23.30 during the day. As of now, Sky Stock is not too volatile. Sky ICT Public owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0162, which indicates the firm had a 0.0162% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Sky ICT Public, which you can use to evaluate the volatility of the company. Please validate Sky ICT's Risk Adjusted Performance of 0.0119, semi deviation of 2.08, and Coefficient Of Variation of 15913.13 to confirm if the risk estimate we provide is consistent with the expected return of 0.0464%.
Sky Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sky |
Sharpe Ratio = 0.0162
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Estimated Market Risk
| 2.86 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.05 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 Sky ICT 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 Sky ICT by adding it to a well-diversified portfolio.
Sky ICT Valuation on October 31, 2023
It is possible to determine the worth of Sky ICT on a given historical date. On October 31, 2023 Sky was worth 27.75 at the beginning of the trading date compared to the closed value of 27.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sky ICT stock. Still, in general, we apply an absolute valuation method to find Sky ICT'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 Sky ICT where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sky ICT's related companies.
| Open | High | Low | Close | Volume | |
| 28.00 | 28.25 | 27.25 | 27.75 | 2,984,700 | |
10/31/2023 | 27.75 | 27.75 | 26.50 | 27.00 | 2,716,900 |
| 27.00 | 27.75 | 25.75 | 26.75 | 5,480,600 |
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Sky ICT Trading Date Momentum on October 31, 2023
| On November 01 2023 Sky ICT Public was traded for 26.75 at the closing time. The maximum traded price for the trading interval was 27.75 and the lowest daily price was 25.75 . The daily volume was recorded at 5.5 M. The volume of trading on 1st of November 2023 played a part in the next trading day price drop. The trading price change to the next closing price was 0.93% . The trading price change to the closing price today is 0.93% . |
Sky ICT Public Fundamentals Correlations and Trends
By evaluating Sky ICT'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 Sky ICT's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sky financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sky ICT Stock history
Sky ICT 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 Sky is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sky ICT 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 Sky ICT stock prices may prove useful in developing a viable investing in Sky ICT
Sky ICT Public Company Limited, together with its subsidiary, engages in information and communication technology, and system integration businesses in Thailand. Sky ICT Public Company Limited was incorporated in 1997 and is headquartered in Bangkok, Thailand. SKY ICT operates under Information Technology Services classification in Thailand and is traded on Stock Exchange of Thailand.
Sky ICT Stock Technical Analysis
Sky ICT 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
Sky ICT Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Sky ICT 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.
Sky ICT December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Sky ICT stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sky ICT shares will generate the highest return on investment. By undertsting and applying Sky ICT stock market strength indicators, traders can identify Sky ICT Public entry and exit signals to maximize returns
Sky ICT Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sky ICT's price direction in advance. Along with the technical and fundamental analysis of Sky Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sky 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 | 0.0119 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.43) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0133 |
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Other Information on Investing in Sky Stock
Sky ICT financial ratios help investors to determine whether Sky 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 Sky with respect to the benefits of owning Sky ICT security.