Tata Steel (Thailand) Price on July 21, 2023
| TSTH Stock | THB 0.72 0.01 1.41% |
If you're considering investing in Tata Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tata Steel stands at 0.72, as last reported on the 30th of November, with the highest price reaching 0.73 and the lowest price hitting 0.72 during the day. Tata Steel is out of control given 3 months investment horizon. Tata Steel Public owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of risk over the last 3 months. We were able to collect data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 14.71% are justified by taking the suggested risk. Use Tata Steel Public Semi Deviation of 2.27, risk adjusted performance of 0.067, and Coefficient Of Variation of 1289.12 to evaluate company specific risk that cannot be diversified away.
Tata Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tata |
Sharpe Ratio = 0.116
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Estimated Market Risk
| 126.81 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
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Tata Steel is performing at about 9% 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 Tata Steel by adding it to a well-diversified portfolio.
Tata Steel Valuation on July 21, 2023
It is possible to determine the worth of Tata Steel on a given historical date. On July 21, 2023 Tata was worth 0.83 at the beginning of the trading date compared to the closed value of 0.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tata Steel stock. Still, in general, we apply an absolute valuation method to find Tata Steel'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 Tata Steel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tata Steel's related companies.
| Open | High | Low | Close | Volume | |
| 0.85 | 0.86 | 0.83 | 0.83 | 718,432 | |
07/21/2023 | 0.83 | 0.84 | 0.82 | 0.83 | 676,101 |
| 0.83 | 0.84 | 0.82 | 0.83 | 539,600 |
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Tata Steel Trading Date Momentum on July 21, 2023
| On July 24 2023 Tata Steel Public was traded for 0.83 at the closing time. The highest price during the trading period was 0.84 and the lowest recorded bid was listed for 0.82 . The volume for the day was 539.6 K. This history from July 24, 2023 did not result in any price rise and fall. The trading price change to the current price is 1.20% . |
Tata Steel Public Fundamentals Correlations and Trends
By evaluating Tata Steel'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 Tata Steel's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tata financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tata Steel Stock history
Tata Steel 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 Tata is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tata 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 Tata Steel stock prices may prove useful in developing a viable investing in Tata Steel
Tata Steel Public Company Limited, together with its subsidiaries, manufactures, distributes, and trades in steel bars, wire rods, and small section products primarily in Thailand. Tata Steel Public Company Limited is a subsidiary of T S Global Holdings Pte. TATA STEEL operates under Steel classification in Thailand and is traded on Stock Exchange of Thailand.
Tata Steel Stock Technical Analysis
Tata Steel 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
Tata Steel Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Tata 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.
Tata Steel November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Tata Steel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tata Steel shares will generate the highest return on investment. By undertsting and applying Tata Steel stock market strength indicators, traders can identify Tata Steel Public entry and exit signals to maximize returns
Tata Steel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tata Steel's price direction in advance. Along with the technical and fundamental analysis of Tata Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tata 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 | 0.067 | |||
| Jensen Alpha | 0.2696 | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | 0.0293 | |||
| Treynor Ratio | (1.89) |
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Other Information on Investing in Tata Stock
Tata Steel financial ratios help investors to determine whether Tata 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 Tata with respect to the benefits of owning Tata Steel security.