Union Petrochemical (Thailand) Price on November 23, 2024
| UKEM Stock | THB 0.69 0.02 2.99% |
If you're considering investing in Union Stock, it is important to understand the factors that can impact its price. As of today, the current price of Union Petrochemical stands at 0.69, as last reported on the 23rd of November, with the highest price reaching 0.71 and the lowest price hitting 0.67 during the day. Union Petrochemical is out of control given 3 months investment horizon. Union Petrochemical 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 collect data for thirty different technical indicators, which can help you to evaluate if expected returns of 13.81% are justified by taking the suggested risk. Use Union Petrochemical Semi Deviation of 1.44, risk adjusted performance of 0.0171, and Coefficient Of Variation of 7772.76 to evaluate company specific risk that cannot be diversified away.
Union Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Union |
Sharpe Ratio = 0.1097
| Best Portfolio | Best Equity | UKEM | ||
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Estimated Market Risk
| 125.86 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 Union Petrochemical 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 Union Petrochemical by adding it to a well-diversified portfolio.
Union Petrochemical Valuation on November 23, 2024
It is possible to determine the worth of Union Petrochemical on a given historical date. On November 23, 2024 Union was worth 0.67 at the beginning of the trading date compared to the closed value of 0.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Union Petrochemical stock. Still, in general, we apply an absolute valuation method to find Union Petrochemical'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 Union Petrochemical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Union Petrochemical's related companies.
| Open | High | Low | Close | Volume | |
| 0.67 | 0.71 | 0.67 | 0.69 | 933,054 | |
11/23/2024 | 0.67 | 0.71 | 0.67 | 0.69 | 0.00 |
| Backtest Union Petrochemical | | | Union Petrochemical History | | | Union Petrochemical Valuation | Previous |
Union Petrochemical Trading Date Momentum on November 23, 2024
| On November 23 2024 Union Petrochemical Public was traded for 0.69 at the closing time. The highest price during the trading period was 0.71 and the lowest recorded bid was listed for 0.67 . There was no trading activity during the period 0.0. Lack of trading volume on November 23, 2024 did not result in any price rise and fall. The trading price change to the current price is 2.90% . |
Union Petrochemical Fundamentals Correlations and Trends
By evaluating Union Petrochemical'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 Union Petrochemical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Union financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Union Petrochemical Stock history
Union Petrochemical 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 Union is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Union Petrochemical 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 Union Petrochemical stock prices may prove useful in developing a viable investing in Union Petrochemical
Union Petrochemical Public Company Limited imports and distributes chemical products in Thailand. The company was founded in 1981 and is headquartered in Bangkok, Thailand. UNION PETROCHEMICAL operates under Chemicals classification in Thailand and is traded on Stock Exchange of Thailand.
Union Petrochemical Stock Technical Analysis
Union Petrochemical 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
Union Petrochemical Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Union Petrochemical 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.
Union Petrochemical November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Union Petrochemical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Union Petrochemical shares will generate the highest return on investment. By undertsting and applying Union Petrochemical stock market strength indicators, traders can identify Union Petrochemical Public entry and exit signals to maximize returns
Union Petrochemical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Union Petrochemical's price direction in advance. Along with the technical and fundamental analysis of Union Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Union 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 | 0.0171 | |||
| Jensen Alpha | 0.0739 | |||
| Total Risk Alpha | (0.42) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.07) |
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Other Information on Investing in Union Stock
Union Petrochemical financial ratios help investors to determine whether Union 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 Union with respect to the benefits of owning Union Petrochemical security.