Thai Group (Thailand) Price on November 26, 2024
| TGH Stock | THB 12.20 0.10 0.83% |
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 Group stands at 12.20, as last reported on the 27th of November, with the highest price reaching 12.30 and the lowest price hitting 12.20 during the day. Thai Group is out of control given 3 months investment horizon. Thai Group Holdings 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 analyze and collected data for twenty-two different technical indicators, which can help you to evaluate if expected returns of 14.38% are justified by taking the suggested risk. Use Thai Group Holdings Coefficient Of Variation of (1,059), variance of 5.26, and Risk Adjusted Performance of (0.07) 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 = 0.1124
| Best Portfolio | Best Equity | TGH | ||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 127.88 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 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 Thai Group by adding it to a well-diversified portfolio.
Thai Group Valuation on November 26, 2024
It is possible to determine the worth of Thai Group on a given historical date. On November 26, 2024 Thai was worth 12.3 at the beginning of the trading date compared to the closed value of 12.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thai Group stock. Still, in general, we apply an absolute valuation method to find Thai 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 Thai Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thai Group's related companies.
| Open | High | Low | Close | Volume | |
| 12.10 | 12.20 | 12.10 | 12.10 | 900.00 | |
11/26/2024 | 12.30 | 12.30 | 12.20 | 12.20 | 510.00 |
| Backtest Thai Group | | | Thai Group History | | | Thai Group Valuation | Previous |
Thai Group Trading Date Momentum on November 26, 2024
| On November 26 2024 Thai Group Holdings was traded for 12.20 at the closing time. The maximum traded price for the trading interval was 12.30 and the lowest daily price was 12.20 . The daily volume was recorded at 510. The volume of trading on 26th of November 2024 did not result in any price rise and fall. The trading price change to the closing price today is 0.82% . |
Thai Group Holdings Fundamentals Correlations and Trends
By evaluating Thai 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 Thai Group'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 Group Stock history
Thai 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 Thai is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Thai Group Holdings 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 Group stock prices may prove useful in developing a viable investing in Thai Group
Thai Group Holdings Public Company Limited engages in the underwriting of life and non-life insurance business principally in Thailand. The company was incorporated in 2018 and is based in Bangkok, Thailand. THAI GROUP is traded on Stock Exchange of Thailand in Thailand.
Thai Group Stock Technical Analysis
Thai 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
Thai Group Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Thai Group Holdings 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 Group November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Thai 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 Thai Group shares will generate the highest return on investment. By undertsting and applying Thai Group stock market strength indicators, traders can identify Thai Group Holdings entry and exit signals to maximize returns
Thai Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Thai Group'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 | (0.07) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.58) | |||
| Treynor Ratio | 0.4177 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Thai Stock
Thai Group 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 Group security.