Siam Technic (Thailand) Price on May 18, 2023
STECH Stock | 1.12 0.01 0.90% |
If you're considering investing in Siam Stock, it is important to understand the factors that can impact its price. As of today, the current price of Siam Technic stands at 1.12, as last reported on the 26th of November, with the highest price reaching 1.13 and the lowest price hitting 1.10 during the day. Siam Technic Concrete 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. Siam Technic Concrete exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Siam Technic's Coefficient Of Variation of (2,696), risk adjusted performance of (0.02), and Variance of 3.86 to confirm the risk estimate we provide.
Siam Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Siam |
Sharpe Ratio = -0.11
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Estimated Market Risk
1.88 actual daily | 16 84% of assets are more volatile |
Expected Return
-0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Siam Technic 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 Siam Technic by adding Siam Technic to a well-diversified portfolio.
Siam Technic Valuation on May 18, 2023
It is possible to determine the worth of Siam Technic on a given historical date. On May 18, 2023 Siam was worth 2.06 at the beginning of the trading date compared to the closed value of 2.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Siam Technic stock. Still, in general, we apply an absolute valuation method to find Siam Technic'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 Siam Technic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Siam Technic's related companies.
Open | High | Low | Close | Volume | |
2.12 | 2.12 | 2.06 | 2.08 | 616,701 | |
05/18/2023 | 2.06 | 2.10 | 2.06 | 2.10 | 80,301 |
2.10 | 2.10 | 2.06 | 2.08 | 354,200 |
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Siam Technic Trading Date Momentum on May 18, 2023
On May 19 2023 Siam Technic Concrete was traded for 2.08 at the closing time. The highest price during the trading period was 2.10 and the lowest recorded bid was listed for 2.06 . The volume for the day was 354.2 K. This history from May 19, 2023 contributed to the next trading day price decline. The trading price change to the next closing price was 0.95% . The trading price change to the current price is 3.81% . |
Siam Technic Concrete Fundamentals Correlations and Trends
By evaluating Siam Technic'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 Siam Technic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Siam financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Siam Technic Stock history
Siam Technic 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 Siam is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Siam Technic Concrete 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 Siam Technic stock prices may prove useful in developing a viable investing in Siam Technic
Siam Technic Stock Technical Analysis
Siam Technic 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
Siam Technic Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Siam Technic Concrete 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.
Siam Technic November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Siam Technic stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Siam Technic shares will generate the highest return on investment. By undertsting and applying Siam Technic stock market strength indicators, traders can identify Siam Technic Concrete entry and exit signals to maximize returns
Siam Technic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Siam Technic's price direction in advance. Along with the technical and fundamental analysis of Siam Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Siam 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 | (0.02) | |||
Jensen Alpha | (0.1) | |||
Total Risk Alpha | (0.39) | |||
Treynor Ratio | (0.78) |
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Price Transform | ||
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Volume Indicators |
Complementary Tools for Siam Stock analysis
When running Siam Technic's price analysis, check to measure Siam Technic'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 Siam Technic is operating at the current time. Most of Siam Technic's value examination focuses on studying past and present price action to predict the probability of Siam Technic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Siam Technic's price. Additionally, you may evaluate how the addition of Siam Technic to your portfolios can decrease your overall portfolio volatility.
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