TMC Industrial (Thailand) Price on September 6, 2023
TMC Stock | THB 1.13 0.02 1.74% |
If you're considering investing in TMC Stock, it is important to understand the factors that can impact its price. As of today, the current price of TMC Industrial stands at 1.13, as last reported on the 29th of November, with the highest price reaching 1.14 and the lowest price hitting 1.13 during the day. As of now, TMC Stock is extremely dangerous. TMC Industrial Public retains Efficiency (Sharpe Ratio) of 0.0179, which indicates the firm had a 0.0179% return per unit of volatility over the last 3 months. We have found thirty technical indicators for TMC Industrial, which you can use to evaluate the volatility of the company. Please validate TMC Industrial's risk adjusted performance of 0.0221, and Downside Deviation of 3.11 to confirm if the risk estimate we provide is consistent with the expected return of 0.0858%.
TMC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
TMC |
Sharpe Ratio = 0.0179
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Estimated Market Risk
4.79 actual daily | 42 58% of assets are more volatile |
Expected Return
0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average TMC Industrial is performing at about 1% 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 TMC Industrial by adding it to a well-diversified portfolio.
TMC Industrial Valuation on September 6, 2023
It is possible to determine the worth of TMC Industrial on a given historical date. On September 6, 2023 TMC was worth 2.46 at the beginning of the trading date compared to the closed value of 2.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TMC Industrial stock. Still, in general, we apply an absolute valuation method to find TMC Industrial'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 TMC Industrial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TMC Industrial's related companies.
Open | High | Low | Close | Volume | |
2.50 | 2.54 | 2.44 | 2.46 | 1,023,600 | |
09/06/2023 | 2.46 | 2.48 | 2.34 | 2.42 | 827,400 |
2.44 | 2.50 | 2.34 | 2.40 | 538,500 |
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TMC Industrial Trading Date Momentum on September 6, 2023
On September 07 2023 TMC Industrial Public was traded for 2.40 at the closing time. The maximum traded price for the trading interval was 2.50 and the lowest daily price was 2.34 . The daily volume was recorded at 538.5 K. The volume of trading on 7th of September 2023 played a part in the next trading day price drop. The trading price change to the next closing price was 0.83% . The trading price change to the closing price today is 2.48% . |
TMC Industrial Public Fundamentals Correlations and Trends
By evaluating TMC Industrial'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 TMC Industrial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TMC financial account trend analysis is a perfect complement when working with valuation or volatility modules.About TMC Industrial Stock history
TMC Industrial 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 TMC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TMC Industrial 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 TMC Industrial stock prices may prove useful in developing a viable investing in TMC Industrial
Industrial Public Company Limited manufactures and distributes hydraulic machinery and handling equipment in Thailand and internationally. The company was founded in 1972 and is headquartered in Chonburi, Thailand. T M operates under Farm Construction Equipment classification in Thailand and is traded on Stock Exchange of Thailand.
TMC Industrial Stock Technical Analysis
TMC Industrial 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
TMC Industrial Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
TMC Industrial 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.
TMC Industrial November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how TMC Industrial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TMC Industrial shares will generate the highest return on investment. By undertsting and applying TMC Industrial stock market strength indicators, traders can identify TMC Industrial Public entry and exit signals to maximize returns
TMC Industrial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TMC Industrial's price direction in advance. Along with the technical and fundamental analysis of TMC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TMC 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 | 0.0221 | |||
Jensen Alpha | 0.0751 | |||
Total Risk Alpha | (0.72) | |||
Sortino Ratio | (0.02) | |||
Treynor Ratio | 14.3 |
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Other Information on Investing in TMC Stock
TMC Industrial financial ratios help investors to determine whether TMC 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 TMC with respect to the benefits of owning TMC Industrial security.