Thaifoods Group (Thailand) Price on July 19, 2023
| TFG-R Stock | THB 3.70 0.37 9.09% |
If you're considering investing in Thaifoods Stock, it is important to understand the factors that can impact its price. As of today, the current price of Thaifoods Group stands at 3.70, as last reported on the 3rd of December, with the highest price reaching 3.74 and the lowest price hitting 3.68 during the day. Thaifoods Group is out of control given 3 months investment horizon. Thaifoods Group Public 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 have analyzed twenty-one different technical indicators, which can help you to evaluate if expected returns of 14.15% are justified by taking the suggested risk. Use Thaifoods Group Public Risk Adjusted Performance of (0.13), coefficient of variation of (580.73), and Variance of 3.92 to evaluate company specific risk that cannot be diversified away.
Thaifoods Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Thaifoods |
Sharpe Ratio = 0.1107
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Estimated Market Risk
| 127.9 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 Thaifoods Group 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 Thaifoods Group by adding it to a well-diversified portfolio.
Thaifoods Group Valuation on July 19, 2023
It is possible to determine the worth of Thaifoods Group on a given historical date. On July 19, 2023 Thaifoods was worth 4.07 at the beginning of the trading date compared to the closed value of 4.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thaifoods Group stock. Still, in general, we apply an absolute valuation method to find Thaifoods Group'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 Thaifoods Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thaifoods Group's related companies.
| Open | High | Low | Close | Volume | |
| 4.07 | 4.10 | 4.04 | 4.07 | 771,000 | |
07/19/2023 | 4.07 | 4.07 | 4.07 | 4.07 | 1.00 |
| 4.07 | 4.07 | 4.07 | 4.07 | 1.00 |
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Thaifoods Group Trading Date Momentum on July 19, 2023
| On July 20 2023 Thaifoods Group Public was traded for 4.07 at the closing time. The highest price during the trading period was 4.07 and the lowest recorded bid was listed for 4.07 . There was no trading activity during the period 1.0. Lack of trading volume on July 20, 2023 did not result in any price rise and fall. The trading price change to the current price is 0.00% . |
Thaifoods Group Public Fundamentals Correlations and Trends
By evaluating Thaifoods Group'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 Thaifoods Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Thaifoods financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Thaifoods Group Stock history
Thaifoods Group 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 Thaifoods is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Thaifoods Group Public 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 Thaifoods Group stock prices may prove useful in developing a viable investing in Thaifoods Group
Thaifoods Group Public Company Limited, together with its subsidiaries, produces chicken primarily in Thailand. Thaifoods Group Public Company Limited was founded in 2001 and is based in Bangkok, Thailand. THAIFOODS GROUP operates under Farm Products classification in Thailand and is traded on Stock Exchange of Thailand.
Thaifoods Group Stock Technical Analysis
Thaifoods Group 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
Thaifoods Group Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Thaifoods Group 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.
Thaifoods Group December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Thaifoods Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Thaifoods Group shares will generate the highest return on investment. By undertsting and applying Thaifoods Group stock market strength indicators, traders can identify Thaifoods Group Public entry and exit signals to maximize returns
Thaifoods Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Thaifoods Group's price direction in advance. Along with the technical and fundamental analysis of Thaifoods Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Thaifoods 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 | (0.13) | |||
| Jensen Alpha | (0.41) | |||
| Total Risk Alpha | (0.65) | |||
| Treynor Ratio | (0.70) |
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Complementary Tools for Thaifoods Stock analysis
When running Thaifoods Group's price analysis, check to measure Thaifoods Group'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 Thaifoods Group is operating at the current time. Most of Thaifoods Group's value examination focuses on studying past and present price action to predict the probability of Thaifoods Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thaifoods Group's price. Additionally, you may evaluate how the addition of Thaifoods Group to your portfolios can decrease your overall portfolio volatility.
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