Thai Rubber (Thailand) Price on October 31, 2024

TRUBB Stock  THB 0.96  0.02  2.13%   
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 Rubber stands at 0.96, as last reported on the 30th of November, with the highest price reaching 0.97 and the lowest price hitting 0.94 during the day. Thai Rubber Latex owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0892, which indicates the firm had a -0.0892% return per unit of risk over the last 3 months. Thai Rubber Latex exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Thai Rubber's Variance of 5.86, risk adjusted performance of (0.08), and Coefficient Of Variation of (855.76) to confirm the risk estimate we provide.
  
Thai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0892

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Estimated Market Risk

 2.41
  actual daily
21
79% of assets are more volatile

Expected Return

 -0.22
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  actual daily
0
Most of other assets perform better
Based on monthly moving average Thai Rubber is not performing at its full potential. However, 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 Rubber by adding Thai Rubber to a well-diversified portfolio.

Thai Rubber Valuation on October 31, 2024

It is possible to determine the worth of Thai Rubber on a given historical date. On October 31, 2024 Thai was worth 1.1 at the beginning of the trading date compared to the closed value of 1.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thai Rubber stock. Still, in general, we apply an absolute valuation method to find Thai Rubber'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 Rubber where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thai Rubber's related companies.
 Open High Low Close Volume
  1.11    1.12    1.10    1.10    941,114  
10/31/2024
  1.10    1.13    1.10    1.11    1,275,363  
  1.11    1.12    1.10    1.10    355,964  
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Open Value
1.1
1.11
Closing Value
8.34
Upside

Thai Rubber Trading Date Momentum on October 31, 2024

On November 01 2024 Thai Rubber Latex was traded for  1.10  at the closing time. The highest price during the trading period was 1.12  and the lowest recorded bid was listed for  1.10 . The volume for the day was 356 K. This history from November 1, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.90% . The trading price change to the current price is 1.80% .

Thai Rubber Latex Fundamentals Correlations and Trends

By evaluating Thai Rubber'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 Rubber'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 Rubber Stock history

Thai Rubber 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 Rubber Latex 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 Rubber stock prices may prove useful in developing a viable investing in Thai Rubber
Thai Rubber Latex Group Public Company Limited manufactures, sells, and exports rubber and latex products worldwide. Thai Rubber Latex Group Public Company Limited was founded in 1967 and is headquartered in Bang Phli, Thailand. THAI RUBBER operates under Rubber Plastics classification in Thailand and is traded on Stock Exchange of Thailand.

Thai Rubber Stock Technical Analysis

Thai Rubber 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.
A focus of Thai Rubber technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Thai Rubber trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Thai Rubber Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Thai Rubber Latex 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 Rubber November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Thai Rubber 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 Rubber shares will generate the highest return on investment. By undertsting and applying Thai Rubber stock market strength indicators, traders can identify Thai Rubber Latex entry and exit signals to maximize returns

Thai Rubber Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Thai Rubber'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.

Complementary Tools for Thai Stock analysis

When running Thai Rubber's price analysis, check to measure Thai Rubber'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 Thai Rubber is operating at the current time. Most of Thai Rubber's value examination focuses on studying past and present price action to predict the probability of Thai Rubber's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thai Rubber's price. Additionally, you may evaluate how the addition of Thai Rubber to your portfolios can decrease your overall portfolio volatility.
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