Wave Entertainment (Thailand) Price on March 21, 2024
| WAVE Stock | THB 0.11 0.01 8.33% |
If you're considering investing in Wave Stock, it is important to understand the factors that can impact its price. As of today, the current price of Wave Entertainment stands at 0.11, as last reported on the 29th of November, with the highest price reaching 0.12 and the lowest price hitting 0.10 during the day. Wave Entertainment is out of control given 3 months investment horizon. Wave Entertainment Public shows Sharpe Ratio of 0.11, which attests that the company had a 0.11% return per unit of risk over the last 3 months. We were able to collect data for twenty-three different technical indicators, which can help you to evaluate if expected returns of 14.52% are justified by taking the suggested risk. Use Wave Entertainment Public Mean Deviation of 3.37, standard deviation of 5.29, and Market Risk Adjusted Performance of (0.90) to evaluate company specific risk that cannot be diversified away.
Wave Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Wave |
Sharpe Ratio = 0.1135
| Best Portfolio | Best Equity | WAVE | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 127.95 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 Wave Entertainment 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 Wave Entertainment by adding it to a well-diversified portfolio.
Wave Entertainment Valuation on March 21, 2024
It is possible to determine the worth of Wave Entertainment on a given historical date. On March 21, 2024 Wave was worth 0.16 at the beginning of the trading date compared to the closed value of 0.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wave Entertainment stock. Still, in general, we apply an absolute valuation method to find Wave Entertainment'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 Wave Entertainment where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wave Entertainment's related companies.
| Open | High | Low | Close | Volume | |
| 0.15 | 0.16 | 0.15 | 0.16 | 28,646,666 | |
03/21/2024 | 0.16 | 0.16 | 0.15 | 0.15 | 8,213,846 |
| 0.15 | 0.16 | 0.15 | 0.16 | 4,534,593 |
| Backtest Wave Entertainment | | | Wave Entertainment History | | | Wave Entertainment Valuation | Previous | Next |
Wave Entertainment Trading Date Momentum on March 21, 2024
| On March 22 2024 Wave Entertainment Public was traded for 0.16 at the closing time. The highest price during the trading period was 0.16 and the lowest recorded bid was listed for 0.15 . The volume for the day was 4.5 M. This history from March 22, 2024 contributed to the next trading day price upswing. The trading price change to the next closing price was 6.67% . The trading price change to the current price is 0.00% . |
Wave Entertainment Public Fundamentals Correlations and Trends
By evaluating Wave Entertainment'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 Wave Entertainment's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wave financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Wave Entertainment Stock history
Wave Entertainment 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 Wave is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wave Entertainment 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 Wave Entertainment stock prices may prove useful in developing a viable investing in Wave Entertainment
Wave Entertainment Public Company Limited, together with its subsidiaries, engages in the production and distribution of television programs in Thailand. Wave Entertainment Public Company Limited was incorporated in 1988 and is headquartered in Bangkok, Thailand. WAVE ENTERTAINMENT operates under Education Training Services classification in Thailand and is traded on Stock Exchange of Thailand.
Wave Entertainment Stock Technical Analysis
Wave Entertainment 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
Wave Entertainment Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Wave Entertainment 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.
Wave Entertainment November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Wave Entertainment stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wave Entertainment shares will generate the highest return on investment. By undertsting and applying Wave Entertainment stock market strength indicators, traders can identify Wave Entertainment Public entry and exit signals to maximize returns
Wave Entertainment Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Wave Entertainment's price direction in advance. Along with the technical and fundamental analysis of Wave Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wave 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 | (0.01) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.93) | |||
| Treynor Ratio | (0.91) |
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Other Information on Investing in Wave Stock
Wave Entertainment financial ratios help investors to determine whether Wave 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 Wave with respect to the benefits of owning Wave Entertainment security.