Eureka Design (Thailand) Price on September 17, 2024
| UREKA Stock | THB 0.58 0.03 5.45% |
If you're considering investing in Eureka Stock, it is important to understand the factors that can impact its price. As of today, the current price of Eureka Design stands at 0.58, as last reported on the 27th of November, with the highest price reaching 0.58 and the lowest price hitting 0.56 during the day. Eureka Design appears to be abnormally volatile, given 3 months investment horizon. Eureka Design Public secures Sharpe Ratio (or Efficiency) of 0.0925, which denotes the company had a 0.0925% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Eureka Design Public, which you can use to evaluate the volatility of the firm. Please utilize Eureka Design's Downside Deviation of 3.12, mean deviation of 1.92, and Coefficient Of Variation of 1513.73 to check if our risk estimates are consistent with your expectations.
Eureka Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Eureka |
Sharpe Ratio = 0.0925
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Estimated Market Risk
| 2.73 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Eureka Design is performing at about 7% 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 Eureka Design by adding it to a well-diversified portfolio.
Eureka Design Valuation on September 17, 2024
It is possible to determine the worth of Eureka Design on a given historical date. On September 17, 2024 Eureka was worth 0.53 at the beginning of the trading date compared to the closed value of 0.53. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Eureka Design stock. Still, in general, we apply an absolute valuation method to find Eureka Design'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 Eureka Design where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Eureka Design's related companies.
| Open | High | Low | Close | Volume | |
| 0.53 | 0.54 | 0.52 | 0.53 | 3,852,700 | |
09/17/2024 | 0.53 | 0.54 | 0.52 | 0.53 | 3,748,151 |
| 0.54 | 0.55 | 0.53 | 0.53 | 6,352,200 |
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Eureka Design Trading Date Momentum on September 17, 2024
| On September 18 2024 Eureka Design Public was traded for 0.53 at the closing time. The highest price during the trading period was 0.55 and the lowest recorded bid was listed for 0.53 . The volume for the day was 6.4 M. This history from September 18, 2024 did not affect price variability. The overall trading delta to the current price is 9.43% . |
Eureka Design Public Fundamentals Correlations and Trends
By evaluating Eureka Design'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 Eureka Design's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Eureka financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Eureka Design Stock history
Eureka Design 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 Eureka is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Eureka Design 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 Eureka Design stock prices may prove useful in developing a viable investing in Eureka Design
Eureka Design Public Company Limited designs, manufactures, and sells machinery for the automotive and other industries in Thailand, India, and internationally. Eureka Design Public Company Limited was founded in 2002 and is based in Pathum Thani, Thailand. EUREKA DESIGN operates under Specialty Industrial Machinery classification in Thailand and is traded on Stock Exchange of Thailand.
Eureka Design Stock Technical Analysis
Eureka Design 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
Eureka Design Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Eureka Design 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.
Eureka Design November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Eureka Design stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eureka Design shares will generate the highest return on investment. By undertsting and applying Eureka Design stock market strength indicators, traders can identify Eureka Design Public entry and exit signals to maximize returns
Eureka Design Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Eureka Design's price direction in advance. Along with the technical and fundamental analysis of Eureka Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Eureka 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 | 0.0577 | |||
| Jensen Alpha | 0.234 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | 0.0162 | |||
| Treynor Ratio | (0.33) |
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| Volume Indicators |
Complementary Tools for Eureka Stock analysis
When running Eureka Design's price analysis, check to measure Eureka Design's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eureka Design is operating at the current time. Most of Eureka Design's value examination focuses on studying past and present price action to predict the probability of Eureka Design's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eureka Design's price. Additionally, you may evaluate how the addition of Eureka Design to your portfolios can decrease your overall portfolio volatility.
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