Star Petroleum (Thailand) Price on November 9, 2023
| SPRC-R Stock | THB 6.75 0.15 2.27% |
If you're considering investing in Star Stock, it is important to understand the factors that can impact its price. As of today, the current price of Star Petroleum stands at 6.75, as last reported on the 4th of December, with the highest price reaching 6.85 and the lowest price hitting 6.60 during the day. Star Petroleum is out of control given 3 months investment horizon. Star Petroleum Refining owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of risk over the last 3 months. We were able to interpolate data for twenty-two different technical indicators, which can help you to evaluate if expected returns of 16.67% are justified by taking the suggested risk. Use Star Petroleum Refining Variance of 10.28, coefficient of variation of 6435.93, and Risk Adjusted Performance of 0.0195 to evaluate company specific risk that cannot be diversified away.
Star Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Star |
Sharpe Ratio = 0.1205
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Estimated Market Risk
| 138.37 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
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Star Petroleum is performing at about 9% 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 Star Petroleum by adding it to a well-diversified portfolio.
Star Petroleum Valuation on November 9, 2023
It is possible to determine the worth of Star Petroleum on a given historical date. On November 9, 2023 Star was worth 8.09 at the beginning of the trading date compared to the closed value of 8.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Star Petroleum stock. Still, in general, we apply an absolute valuation method to find Star Petroleum'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 Star Petroleum where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Star Petroleum's related companies.
| Open | High | Low | Close | Volume | |
| 8.09 | 8.09 | 8.09 | 8.09 | 1.00 | |
11/09/2023 | 8.09 | 8.09 | 8.09 | 8.09 | 1.00 |
| 8.09 | 8.09 | 8.09 | 8.09 | 1.00 |
| Backtest Star Petroleum | | | Star Petroleum History | | | Star Petroleum Valuation | Previous | Next |
Star Petroleum Trading Date Momentum on November 9, 2023
| On November 10 2023 Star Petroleum Refining was traded for 8.09 at the closing time. The highest price during the trading period was 8.09 and the lowest recorded bid was listed for 8.09 . There was no trading activity during the period 1.0. Lack of trading volume on November 10, 2023 did not result in any price rise and fall. The trading price change to the current price is 0.00% . |
Star Petroleum Refining Fundamentals Correlations and Trends
By evaluating Star Petroleum'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 Star Petroleum's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Star financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Star Petroleum Stock history
Star Petroleum 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 Star is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Star Petroleum Refining 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 Star Petroleum stock prices may prove useful in developing a viable investing in Star Petroleum
Star Petroleum Stock Technical Analysis
Star Petroleum 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
Star Petroleum Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Star Petroleum Refining 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.
Star Petroleum December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Star Petroleum stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Star Petroleum shares will generate the highest return on investment. By undertsting and applying Star Petroleum stock market strength indicators, traders can identify Star Petroleum Refining entry and exit signals to maximize returns
Star Petroleum Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Star Petroleum's price direction in advance. Along with the technical and fundamental analysis of Star Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Star 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 | 0.0195 | |||
| Jensen Alpha | 0.0282 | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | 0.354 |
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Complementary Tools for Star Stock analysis
When running Star Petroleum's price analysis, check to measure Star Petroleum'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 Star Petroleum is operating at the current time. Most of Star Petroleum's value examination focuses on studying past and present price action to predict the probability of Star Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Star Petroleum's price. Additionally, you may evaluate how the addition of Star Petroleum to your portfolios can decrease your overall portfolio volatility.
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