Steel Public (Thailand) Price on October 10, 2024
| THE Stock | THB 0.76 0.02 2.70% |
If you're considering investing in Steel Stock, it is important to understand the factors that can impact its price. As of today, the current price of Steel Public stands at 0.76, as last reported on the 29th of November, with the highest price reaching 0.76 and the lowest price hitting 0.73 during the day. Steel Public is out of control given 3 months investment horizon. Steel 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 were able to analyze and collect data for twenty-two different technical indicators, which can help you to evaluate if expected returns of 14.08% are justified by taking the suggested risk. Use Steel Public Variance of 6.96, coefficient of variation of (605.88), and Risk Adjusted Performance of (0.12) to evaluate company specific risk that cannot be diversified away.
Steel Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Steel |
Sharpe Ratio = 0.1101
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Estimated Market Risk
| 127.92 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 Steel Public 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 Steel Public by adding it to a well-diversified portfolio.
Steel Public Valuation on October 10, 2024
It is possible to determine the worth of Steel Public on a given historical date. On October 10, 2024 Steel was worth 0.96 at the beginning of the trading date compared to the closed value of 0.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Steel Public stock. Still, in general, we apply an absolute valuation method to find Steel Public'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 Steel Public where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Steel Public's related companies.
| Open | High | Low | Close | Volume | |
| 0.99 | 1.00 | 0.94 | 0.99 | 343,905 | |
10/10/2024 | 0.96 | 0.98 | 0.93 | 0.94 | 1,163,400 |
| 0.94 | 0.94 | 0.94 | 0.94 | 1.00 |
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Steel Public Trading Date Momentum on October 10, 2024
| On October 11 2024 The Steel Public was traded for 0.94 at the closing time. The maximum traded price for the trading interval was 0.94 and the lowest daily price was 0.94 . There was no trading activity during the period 1.0. Lack of trading volume on 11th of October 2024 did not result in any price rise and fall. The trading price change to the closing price today is 3.19% . |
Steel Public Fundamentals Correlations and Trends
By evaluating Steel Public'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 Steel Public's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Steel financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Steel Public Stock history
Steel Public 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 Steel is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Steel 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 Steel Public stock prices may prove useful in developing a viable investing in Steel Public
The Steel Public Company Limited engages in selling and transforming steel products in Thailand. The Steel Public Company Limited was founded in 1991 and is headquartered in Bangkok, Thailand. Steel Public is traded on Stock Exchange of Thailand in Thailand.
Steel Public Stock Technical Analysis
Steel Public 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
Steel Public Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
The Steel 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.
Steel Public November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Steel Public stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Steel Public shares will generate the highest return on investment. By undertsting and applying Steel Public stock market strength indicators, traders can identify The Steel Public entry and exit signals to maximize returns
Steel Public Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Steel Public's price direction in advance. Along with the technical and fundamental analysis of Steel Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Steel 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 | (0.12) | |||
| Jensen Alpha | (0.40) | |||
| Total Risk Alpha | (0.84) | |||
| Treynor Ratio | 1.08 |
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Other Information on Investing in Steel Stock
Steel Public financial ratios help investors to determine whether Steel 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 Steel with respect to the benefits of owning Steel Public security.