Symphony Communication (Thailand) Price on October 22, 2024
| SYMC Stock | THB 8.85 0.40 4.73% |
If you're considering investing in Symphony Stock, it is important to understand the factors that can impact its price. As of today, the current price of Symphony Communication stands at 8.85, as last reported on the 4th of December, with the highest price reaching 9.00 and the lowest price hitting 8.40 during the day. Symphony Communication appears to be somewhat reliable, given 3 months investment horizon. Symphony Communication owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0922, which indicates the firm had a 0.0922% return per unit of risk over the last 3 months. We have found thirty technical indicators for Symphony Communication Public, which you can use to evaluate the volatility of the company. Please review Symphony Communication's Risk Adjusted Performance of 0.0841, coefficient of variation of 993.16, and Semi Deviation of 2.2 to confirm if our risk estimates are consistent with your expectations.
Symphony Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Symphony |
Sharpe Ratio = 0.0922
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Estimated Market Risk
| 2.82 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Symphony Communication is performing at about 7% 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 Symphony Communication by adding it to a well-diversified portfolio.
Symphony Communication Valuation on October 22, 2024
It is possible to determine the worth of Symphony Communication on a given historical date. On October 22, 2024 Symphony was worth 8.3 at the beginning of the trading date compared to the closed value of 8.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Symphony Communication stock. Still, in general, we apply an absolute valuation method to find Symphony Communication'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 Symphony Communication where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Symphony Communication's related companies.
| Open | High | Low | Close | Volume | |
| 8.15 | 8.30 | 8.10 | 8.30 | 379,797 | |
10/22/2024 | 8.30 | 8.30 | 8.30 | 8.30 | 1.00 |
| 8.10 | 8.60 | 8.10 | 8.25 | 1,853,283 |
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Symphony Communication Trading Date Momentum on October 22, 2024
| On October 24 2024 Symphony Communication Public was traded for 8.25 at the closing time. The highest price during the trading period was 8.60 and the lowest recorded bid was listed for 8.10 . The volume for the day was 1.9 M. This history from October 24, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.60% . The trading price change to the current price is 2.41% . |
Symphony Communication Fundamentals Correlations and Trends
By evaluating Symphony Communication'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 Symphony Communication's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Symphony financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Symphony Communication Stock history
Symphony Communication 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 Symphony is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Symphony Communication 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 Symphony Communication stock prices may prove useful in developing a viable investing in Symphony Communication
Symphony Communication Public Company Limited provides communication high-speed circuit services in Thailand and internationally. Symphony Communication Public Company Limited was founded in 2005 and is headquartered in Bangkok, Thailand. SYMPHONY COMMUNICATION operates under Telecom Services classification in Thailand and is traded on Stock Exchange of Thailand.
Symphony Communication Stock Technical Analysis
Symphony Communication 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
Symphony Communication Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Symphony Communication 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.
Symphony Communication December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Symphony Communication stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Symphony Communication shares will generate the highest return on investment. By undertsting and applying Symphony Communication stock market strength indicators, traders can identify Symphony Communication Public entry and exit signals to maximize returns
Symphony Communication Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Symphony Communication's price direction in advance. Along with the technical and fundamental analysis of Symphony Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Symphony 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 | 0.0841 | |||
| Jensen Alpha | 0.2551 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.0588 | |||
| Treynor Ratio | 2.09 |
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| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Symphony Stock
Symphony Communication financial ratios help investors to determine whether Symphony 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 Symphony with respect to the benefits of owning Symphony Communication security.