Sahamit Machinery (Thailand) Price on November 22, 2024
| SMIT Stock | THB 4.10 0.02 0.49% |
If you're considering investing in Sahamit Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sahamit Machinery stands at 4.10, as last reported on the 24th of November, with the highest price reaching 4.14 and the lowest price hitting 4.10 during the day. Sahamit Machinery is out of control given 3 months investment horizon. Sahamit Machinery Public owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We were able to collect data for thirty different technical indicators, which can help you to evaluate if expected returns of 14.1% are justified by taking the suggested risk. Use Sahamit Machinery Public Risk Adjusted Performance of 0.0377, semi deviation of 0.6378, and Coefficient Of Variation of 2012.63 to evaluate company specific risk that cannot be diversified away.
Sahamit Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sahamit |
Sharpe Ratio = 0.1121
| Best Portfolio | Best Equity | SMIT | ||
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Estimated Market Risk
| 125.82 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Sahamit Machinery is performing at about 8% 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 Sahamit Machinery by adding it to a well-diversified portfolio.
Sahamit Machinery Valuation on November 22, 2024
It is possible to determine the worth of Sahamit Machinery on a given historical date. On November 22, 2024 Sahamit was worth 4.1 at the beginning of the trading date compared to the closed value of 4.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sahamit Machinery stock. Still, in general, we apply an absolute valuation method to find Sahamit Machinery'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 Sahamit Machinery where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sahamit Machinery's related companies.
| Open | High | Low | Close | Volume | |
| 4.12 | 4.16 | 4.12 | 4.12 | 25,700 | |
11/22/2024 | 4.10 | 4.14 | 4.10 | 4.10 | 13,690 |
| 4.10 | 4.14 | 4.10 | 4.10 | 0.00 |
| Backtest Sahamit Machinery | | | Sahamit Machinery History | | | Sahamit Machinery Valuation | Previous | Next |
Sahamit Machinery Trading Date Momentum on November 22, 2024
| On November 24 2024 Sahamit Machinery Public was traded for 4.10 at the closing time. The highest price during the trading period was 4.14 and the lowest recorded bid was listed for 4.10 . There was no trading activity during the period 0.0. Lack of trading volume on November 24, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.00% . |
Sahamit Machinery Public Fundamentals Correlations and Trends
By evaluating Sahamit Machinery'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 Sahamit Machinery's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sahamit financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sahamit Machinery Stock history
Sahamit Machinery 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 Sahamit is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sahamit Machinery 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 Sahamit Machinery stock prices may prove useful in developing a viable investing in Sahamit Machinery
Sahamit Machinery Public Company Limited imports and distributes materials, machinery, and appliances for industries in Thailand. The company was founded in 1973 and is headquartered in Bangkok, Thailand. SAHAMIT MACHINERY operates under Diversified Industrials classification in Thailand and is traded on Stock Exchange of Thailand.
Sahamit Machinery Stock Technical Analysis
Sahamit Machinery 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
Sahamit Machinery Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Sahamit Machinery 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.
Sahamit Machinery November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Sahamit Machinery stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sahamit Machinery shares will generate the highest return on investment. By undertsting and applying Sahamit Machinery stock market strength indicators, traders can identify Sahamit Machinery Public entry and exit signals to maximize returns
Sahamit Machinery Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sahamit Machinery's price direction in advance. Along with the technical and fundamental analysis of Sahamit Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sahamit 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 | 0.0377 | |||
| Jensen Alpha | 0.0081 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.1736 |
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Other Information on Investing in Sahamit Stock
Sahamit Machinery financial ratios help investors to determine whether Sahamit 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 Sahamit with respect to the benefits of owning Sahamit Machinery security.