Toray Textiles (Thailand) Price on October 10, 2023
| TTT Stock | THB 53.50 0.00 0.00% |
If you're considering investing in Toray Stock, it is important to understand the factors that can impact its price. As of today, the current price of Toray Textiles stands at 53.50, as last reported on the 1st of December, with the highest price reaching 53.50 and the lowest price hitting 53.50 during the day. Toray Textiles is out of control given 3 months investment horizon. Toray Textiles 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 interpolate and analyze data for eighteen different technical indicators, which can help you to evaluate if expected returns of 14.27% are justified by taking the suggested risk. Use Toray Textiles Public Risk Adjusted Performance of 0.0021, variance of 1.21, and Coefficient Of Variation of (78,613) to evaluate company specific risk that cannot be diversified away.
Toray Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Toray |
Sharpe Ratio = 0.1125
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Estimated Market Risk
| 126.83 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 Toray Textiles 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 Toray Textiles by adding it to a well-diversified portfolio.
Toray Textiles Valuation on October 10, 2023
It is possible to determine the worth of Toray Textiles on a given historical date. On October 10, 2023 Toray was worth 45.27 at the beginning of the trading date compared to the closed value of 45.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Toray Textiles stock. Still, in general, we apply an absolute valuation method to find Toray Textiles' 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 Toray Textiles where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Toray Textiles' related companies.
| Open | High | Low | Close | Volume | |
| 45.27 | 45.27 | 45.27 | 45.27 | 1,900 | |
10/10/2023 | 45.27 | 45.27 | 45.27 | 45.27 | 1,600 |
| 46.23 | 46.23 | 46.23 | 46.23 | 100.00 |
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Toray Textiles Trading Date Momentum on October 10, 2023
| On October 11 2023 Toray Textiles Public was traded for 46.23 at the closing time. The maximum traded price for the trading interval was 46.23 and the lowest daily price was 46.23 . The daily volume was recorded at 100.0. The volume of trading on 11th of October 2023 played a part in the next trading day price upswing. The trading price change to the next closing price was 2.12% . The trading price change to the closing price today is 2.10% . |
Toray Textiles Public Fundamentals Correlations and Trends
By evaluating Toray Textiles' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Toray Textiles' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Toray financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Toray Textiles Stock history
Toray Textiles 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 Toray is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Toray Textiles 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 Toray Textiles stock prices may prove useful in developing a viable investing in Toray Textiles
Toray Textiles Public Company Limited, a textile company, manufactures and markets various fabric products in Thailand. Toray Textiles Public Company Limited is a subsidiary of Toray Industries, Inc. TORAY TEXTILES operates under Textile Manufacturing classification in Thailand and is traded on Stock Exchange of Thailand.
Toray Textiles Stock Technical Analysis
Toray Textiles 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
Toray Textiles Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Toray Textiles 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.
Toray Textiles December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Toray Textiles stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Toray Textiles shares will generate the highest return on investment. By undertsting and applying Toray Textiles stock market strength indicators, traders can identify Toray Textiles Public entry and exit signals to maximize returns
Toray Textiles Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Toray Textiles' price direction in advance. Along with the technical and fundamental analysis of Toray Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Toray 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 | 0.0021 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (1.54) |
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Other Information on Investing in Toray Stock
Toray Textiles financial ratios help investors to determine whether Toray 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 Toray with respect to the benefits of owning Toray Textiles security.