Thai Union (Thailand) Price on November 25, 2024
| TU Stock | THB 13.70 0.20 1.48% |
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 Union stands at 13.70, as last reported on the 29th of November, with the highest price reaching 13.70 and the lowest price hitting 13.40 during the day. Thai Union is out of control given 3 months investment horizon. Thai Union Group 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 have analyzed twenty-two different technical indicators, which can help you to evaluate if expected returns of 14.3% are justified by taking the suggested risk. Use Thai Union Group Variance of 1.18, risk adjusted performance of (0.1), and Coefficient Of Variation of (754.16) to evaluate company specific risk that cannot be diversified away.
Thai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Thai |
Sharpe Ratio = 0.1118
| Best Portfolio | Best Equity | TU | ||
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Estimated Market Risk
| 127.87 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 Thai Union 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 Thai Union by adding it to a well-diversified portfolio.
Thai Union Valuation on November 25, 2024
It is possible to determine the worth of Thai Union on a given historical date. On November 25, 2024 Thai was worth 13.8 at the beginning of the trading date compared to the closed value of 13.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thai Union stock. Still, in general, we apply an absolute valuation method to find Thai Union'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 Union where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thai Union's related companies.
| Open | High | Low | Close | Volume | |
| 13.80 | 13.90 | 13.60 | 13.70 | 12,368,976 | |
11/25/2024 | 13.80 | 13.80 | 13.60 | 13.70 | 12,334,200 |
| 13.80 | 13.90 | 13.60 | 13.80 | 12,915,178 |
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Thai Union Trading Date Momentum on November 25, 2024
| On November 26 2024 Thai Union Group was traded for 13.80 at the closing time. The highest daily price throughout the period was 13.90 and the lowest price was 13.60 . The daily volume was 12.9 M. The net trading volume on 11/26/2024 added to the next day price upswing. The trading price change to closing price of the next trading day was 0.73% . The trading price change to current closing price is 0.73% . |
Thai Union Group Fundamentals Correlations and Trends
By evaluating Thai Union'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 Union'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 Union Stock history
Thai Union 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 Union Group 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 Union stock prices may prove useful in developing a viable investing in Thai Union
Thai Union Group Public Company Limited, together with its subsidiaries, manufactures and sells frozen, chilled, and canned seafood in Thailand and internationally. Thai Union Group Public Company Limited was founded in 1977 and is headquartered in Mueang Samut Sakhon, Thailand. THAI UNION operates under Packaged Foods classification in Thailand and is traded on Stock Exchange of Thailand.
Thai Union Stock Technical Analysis
Thai Union 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 Union Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Thai Union Group 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 Union November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Thai Union 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 Union shares will generate the highest return on investment. By undertsting and applying Thai Union stock market strength indicators, traders can identify Thai Union Group entry and exit signals to maximize returns
Thai Union Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Thai Union'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 | (0.1) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | (1.67) |
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| Volume Indicators |
Other Information on Investing in Thai Stock
Thai Union 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 Union security.