Thai Metal (Thailand) Price on January 23, 2025
| TMD Stock | THB 24.60 0.10 0.40% |
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 Metal stands at 24.60, as last reported on the 3rd of February, with the highest price reaching 24.70 and the lowest price hitting 24.30 during the day. As of now, Thai Stock is very steady. Thai Metal Drum owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0307, which indicates the firm had a 0.0307 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Thai Metal Drum, which you can use to evaluate the volatility of the company. Please validate Thai Metal's Risk Adjusted Performance of 0.0363, coefficient of variation of 2438.38, and Semi Deviation of 0.8877 to confirm if the risk estimate we provide is consistent with the expected return of 0.0322%.
Thai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Thai |
Sharpe Ratio = 0.0307
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| Negative Returns | TMD |
Estimated Market Risk
| 1.05 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Thai Metal is performing at about 2% 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 Metal by adding it to a well-diversified portfolio.
Thai Metal Valuation on January 23, 2025
It is possible to determine the worth of Thai Metal on a given historical date. On January 23, 2025 Thai was worth 24.6 at the beginning of the trading date compared to the closed value of 24.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thai Metal stock. Still, in general, we apply an absolute valuation method to find Thai Metal'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 Metal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thai Metal's related companies.
| Open | High | Low | Close | Volume | |
| 24.80 | 24.80 | 24.30 | 24.30 | 1,400 | |
01/23/2025 | 24.60 | 24.60 | 24.60 | 24.60 | 100.00 |
| 24.60 | 24.70 | 24.20 | 24.60 | 1,600 |
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Thai Metal Trading Date Momentum on January 23, 2025
| On January 24 2025 Thai Metal Drum was traded for 24.60 at the closing time. The maximum traded price for the trading interval was 24.70 and the lowest daily price was 24.20 . The daily volume was recorded at 1.6 K. The volume of trading on 24th of January 2025 did not result in any price rise and fall. The trading price change to the closing price today is 1.22% . |
Thai Metal Drum Fundamentals Correlations and Trends
By evaluating Thai Metal'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 Metal'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 Metal Stock history
Thai Metal 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 Metal Drum 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 Metal stock prices may prove useful in developing a viable investing in Thai Metal
Thai Metal Drum Manufacturing Public Company Limited, together with its subsidiaries, manufactures and distributes metal drums in Thailand. Thai Metal Drum Manufacturing Public Company Limited was founded in 1958 and is headquartered in Bangkok, Thailand. THAI METAL operates under Packaging Containers classification in Thailand and is traded on Stock Exchange of Thailand.
Thai Metal Stock Technical Analysis
Thai Metal 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 Metal Period Price Range
Low | February 3, 2025
| High |
0.00 | 0.00 |
Thai Metal Drum 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 Metal February 3, 2025 Market Strength
Market strength indicators help investors to evaluate how Thai Metal 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 Metal shares will generate the highest return on investment. By undertsting and applying Thai Metal stock market strength indicators, traders can identify Thai Metal Drum entry and exit signals to maximize returns
Thai Metal Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Thai Metal'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 | 0.0363 | |||
| Jensen Alpha | 0.0272 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.4134 |
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| Volume Indicators |
Other Information on Investing in Thai Stock
Thai Metal 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 Metal security.