Union Mosaic (Thailand) Price on October 31, 2024
| UMI Stock | THB 0.71 0.02 2.74% |
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 Mosaic stands at 0.71, as last reported on the 26th of November, with the highest price reaching 0.73 and the lowest price hitting 0.71 during the day. Union Mosaic is out of control given 3 months investment horizon. Union Mosaic 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 and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 13.8% are justified by taking the suggested risk. Use Union Mosaic Coefficient Of Variation of 6861.1, risk adjusted performance of 0.0196, and Semi Deviation of 2.09 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 = 0.1078
| Best Portfolio | Best Equity | UMI | ||
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Estimated Market Risk
| 127.94 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 Mosaic 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 Mosaic by adding it to a well-diversified portfolio.
Union Mosaic Valuation on October 31, 2024
It is possible to determine the worth of Union Mosaic on a given historical date. On October 31, 2024 Union was worth 0.79 at the beginning of the trading date compared to the closed value of 0.79. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Union Mosaic stock. Still, in general, we apply an absolute valuation method to find Union Mosaic'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 Mosaic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Union Mosaic's related companies.
| Open | High | Low | Close | Volume | |
| 0.79 | 0.84 | 0.79 | 0.79 | 588,700 | |
10/31/2024 | 0.79 | 0.79 | 0.79 | 0.79 | 1.00 |
| 0.82 | 0.83 | 0.82 | 0.82 | 251,400 |
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Union Mosaic Trading Date Momentum on October 31, 2024
| On November 01 2024 The Union Mosaic was traded for 0.82 at the closing time. The maximum traded price for the trading interval was 0.83 and the lowest daily price was 0.82 . The daily volume was recorded at 251.4 K. The volume of trading on 1st of November 2024 played a part in the next trading day price upswing. The trading price change to the next closing price was 3.80% . The trading price change to the closing price today is 3.80% . |
Union Mosaic Fundamentals Correlations and Trends
By evaluating Union Mosaic'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 Mosaic'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 Mosaic Stock history
Union Mosaic 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 Mosaic 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 Mosaic stock prices may prove useful in developing a viable investing in Union Mosaic
The Union Mosaic Industry Public Company Limited, together with its subsidiaries, produces and distributes floor and wall tiles in Thailand and internationally. The company was founded in 1973 and is headquartered in Bangkok, Thailand. THE UNION operates under Building Materials classification in Thailand and is traded on Stock Exchange of Thailand.
Union Mosaic Stock Technical Analysis
Union Mosaic 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 Mosaic Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
The Union Mosaic 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 Mosaic November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Union Mosaic 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 Mosaic shares will generate the highest return on investment. By undertsting and applying Union Mosaic stock market strength indicators, traders can identify The Union Mosaic entry and exit signals to maximize returns
Union Mosaic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Union Mosaic'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 | 0.0196 | |||
| Jensen Alpha | 0.1568 | |||
| Total Risk Alpha | (0.72) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.08) |
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Other Information on Investing in Union Stock
Union Mosaic 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 Mosaic security.