ThaiDex SET50 (Thailand) Price on November 25, 2024
| TDEX Etf | THB 9.08 0.02 0.22% |
If you're considering investing in ThaiDex Etf, it is important to understand the factors that can impact its price. As of today, the current price of ThaiDex SET50 stands at 9.08, as last reported on the 30th of November, with the highest price reaching 9.13 and the lowest price hitting 9.05 during the day. As of now, ThaiDex Etf is very steady. ThaiDex SET50 Exchange owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the etf had a 0.15% return per unit of risk over the last 3 months. We have found thirty technical indicators for ThaiDex SET50 Exchange, which you can use to evaluate the volatility of the etf. Please validate ThaiDex SET50's Risk Adjusted Performance of 0.1082, semi deviation of 0.2442, and Coefficient Of Variation of 711.53 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%.
ThaiDex Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
ThaiDex |
Sharpe Ratio = 0.1509
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Estimated Market Risk
| 0.84 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average ThaiDex SET50 is performing at about 11% 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 ThaiDex SET50 by adding it to a well-diversified portfolio.
ThaiDex SET50 Valuation on November 25, 2024
It is possible to determine the worth of ThaiDex SET50 on a given historical date. On November 25, 2024 ThaiDex was worth 9.23 at the beginning of the trading date compared to the closed value of 9.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ThaiDex SET50 etf. Still, in general, we apply an absolute valuation method to find ThaiDex SET50'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 ThaiDex SET50 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ThaiDex SET50's related companies.
| Open | High | Low | Close | Volume | |
| 9.16 | 9.21 | 9.13 | 9.17 | 193,441 | |
11/25/2024 | 9.23 | 9.24 | 9.15 | 9.19 | 131,867 |
| 9.17 | 9.20 | 9.14 | 9.16 | 111,216 |
| Backtest ThaiDex SET50 | | | ThaiDex SET50 History | | | ThaiDex SET50 Valuation | Previous | Next |
ThaiDex SET50 Trading Date Momentum on November 25, 2024
| On November 26 2024 ThaiDex SET50 Exchange was traded for 9.16 at the closing time. The highest price during the trading period was 9.20 and the lowest recorded bid was listed for 9.14 . The volume for the day was 111.2 K. This history from November 26, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.33% . The trading price change to the current price is 0.87% . |
ThaiDex SET50 Exchange Fundamentals Correlations and Trends
By evaluating ThaiDex SET50'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 ThaiDex SET50's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ThaiDex financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ThaiDex SET50 Etf history
ThaiDex SET50 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 ThaiDex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ThaiDex SET50 Exchange 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 ThaiDex SET50 stock prices may prove useful in developing a viable investing in ThaiDex SET50
ThaiDex SET50 Etf Technical Analysis
ThaiDex SET50 technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
ThaiDex SET50 Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
ThaiDex SET50 Exchange 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.
ThaiDex SET50 November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how ThaiDex SET50 etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ThaiDex SET50 shares will generate the highest return on investment. By undertsting and applying ThaiDex SET50 etf market strength indicators, traders can identify ThaiDex SET50 Exchange entry and exit signals to maximize returns
ThaiDex SET50 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ThaiDex SET50's price direction in advance. Along with the technical and fundamental analysis of ThaiDex Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of ThaiDex 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 | 0.1082 | |||
| Jensen Alpha | 0.1073 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (9.90) |
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Other Information on Investing in ThaiDex Etf
ThaiDex SET50 financial ratios help investors to determine whether ThaiDex Etf 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 ThaiDex with respect to the benefits of owning ThaiDex SET50 security.