Sriracha Construction (Thailand) Price on October 17, 2024

SRICHA Stock  THB 5.00  0.08  1.63%   
If you're considering investing in Sriracha Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sriracha Construction stands at 5.00, as last reported on the 23rd of November, with the highest price reaching 5.05 and the lowest price hitting 4.90 during the day. Sriracha Construction owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.16, which indicates the firm had a -0.16% return per unit of risk over the last 3 months. Sriracha Construction Public exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sriracha Construction's Coefficient Of Variation of (684.68), variance of 5.6, and Risk Adjusted Performance of (0.11) to confirm the risk estimate we provide.
  
Sriracha Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1637

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Estimated Market Risk

 2.33
  actual daily
20
80% of assets are more volatile

Expected Return

 -0.38
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.16
  actual daily
0
Most of other assets perform better
Based on monthly moving average Sriracha Construction 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 Sriracha Construction by adding Sriracha Construction to a well-diversified portfolio.

Sriracha Construction Valuation on October 17, 2024

It is possible to determine the worth of Sriracha Construction on a given historical date. On October 17, 2024 Sriracha was worth 6.4 at the beginning of the trading date compared to the closed value of 6.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sriracha Construction stock. Still, in general, we apply an absolute valuation method to find Sriracha Construction'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 Sriracha Construction where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sriracha Construction's related companies.
 Open High Low Close Volume
  6.25    6.45    6.20    6.45    219,700  
10/17/2024
  6.40    6.45    6.25    6.35    83,600  
  6.25    6.30    6.10    6.15    208,650  
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Open Value
6.4
6.35
Closing Value
13.40
Upside

Sriracha Construction Trading Date Momentum on October 17, 2024

On October 18 2024 Sriracha Construction Public was traded for  6.15  at the closing time. The highest price during the trading period was 6.30  and the lowest recorded bid was listed for  6.10 . The volume for the day was 208.7 K. This history from October 18, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 3.15% . The trading price change to the current price is 6.30% .

Sriracha Construction Fundamentals Correlations and Trends

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

About Sriracha Construction Stock history

Sriracha Construction 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 Sriracha is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sriracha Construction 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 Sriracha Construction stock prices may prove useful in developing a viable investing in Sriracha Construction
Sriracha Construction Public Company Limited engages in construction and maintenance service businesses in Thailand and internationally. Sriracha Construction Public Company Limited was founded in 1994 and is headquartered in Si Racha, Thailand. SRIRACHA CONSTRUCTION operates under Engineering Construction classification in Thailand and is traded on Stock Exchange of Thailand.

Sriracha Construction Stock Technical Analysis

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

Sriracha Construction Period Price Range

Low
November 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Sriracha Construction 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.

Sriracha Construction November 23, 2024 Market Strength

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

Sriracha Construction Technical and Predictive Indicators

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

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