Thai Agro (Thailand) Price on November 30, 2024
| TAE Stock | THB 0.84 0.02 2.44% |
If you're considering investing in Thai Stock, it is important to understand the factors that can impact its price. As of today, the current price of Thai Agro stands at 0.84, as last reported on the 30th of November, with the highest price reaching 0.84 and the lowest price hitting 0.82 during the day. Thai Agro is out of control given 3 months investment horizon. Thai Agro Energy 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 analyze and collect data for thirty different technical indicators, which can help you to evaluate if expected returns of 14.27% are justified by taking the suggested risk. Use Thai Agro Energy Coefficient Of Variation of 6259.69, risk adjusted performance of 0.0185, and Semi Deviation of 1.34 to evaluate company specific risk that cannot be diversified away.
Thai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Thai |
Sharpe Ratio = 0.1125
| Best Portfolio | Best Equity | TAE | ||
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Estimated Market Risk
| 126.84 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 Thai Agro 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 Thai Agro by adding it to a well-diversified portfolio.
Thai Agro Valuation on November 30, 2024
It is possible to determine the worth of Thai Agro on a given historical date. On November 30, 2024 Thai was worth 0.82 at the beginning of the trading date compared to the closed value of 0.84. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thai Agro stock. Still, in general, we apply an absolute valuation method to find Thai Agro'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 Thai Agro where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thai Agro's related companies.
| Open | High | Low | Close | Volume | |
| 0.82 | 0.84 | 0.82 | 0.84 | 100,200 | |
11/30/2024 | 0.82 | 0.84 | 0.82 | 0.84 | 0.00 |
| Backtest Thai Agro | | | Thai Agro History | | | Thai Agro Valuation | Previous |
Thai Agro Trading Date Momentum on November 30, 2024
| On November 30 2024 Thai Agro Energy was traded for 0.84 at the closing time. The maximum traded price for the trading interval was 0.84 and the lowest daily price was 0.82 . There was no trading activity during the period 0.0. Lack of trading volume on 30th of November 2024 did not result in any price rise and fall. The trading price change to the closing price today is 2.38% . |
Thai Agro Energy Fundamentals Correlations and Trends
By evaluating Thai Agro'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 Thai Agro's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Thai financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Thai Agro Stock history
Thai Agro 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 Thai is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Thai Agro Energy 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 Thai Agro stock prices may prove useful in developing a viable investing in Thai Agro
Thai Agro Energy Public Company Limited produces and distributes fuel ethanol in Thailand. Thai Agro Energy Public Company Limited is a subsidiary of Lanna Resources Public Co., Ltd. THAI AGRO operates under Chemicals classification in Thailand and is traded on Stock Exchange of Thailand.
Thai Agro Stock Technical Analysis
Thai Agro 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
Thai Agro Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Thai Agro Energy 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.
Thai Agro November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Thai Agro stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Thai Agro shares will generate the highest return on investment. By undertsting and applying Thai Agro stock market strength indicators, traders can identify Thai Agro Energy entry and exit signals to maximize returns
Thai Agro Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Thai Agro's price direction in advance. Along with the technical and fundamental analysis of Thai Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Thai 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 | 0.0185 | |||
| Jensen Alpha | 0.0078 | |||
| Total Risk Alpha | (0.32) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.1931 |
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Other Information on Investing in Thai Stock
Thai Agro financial ratios help investors to determine whether Thai 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 Thai with respect to the benefits of owning Thai Agro security.