World Flex (Thailand) Price on November 22, 2024
| WFX Stock | 1.16 0.02 1.75% |
If you're considering investing in World Stock, it is important to understand the factors that can impact its price. As of today, the current price of World Flex stands at 1.16, as last reported on the 29th of November, with the highest price reaching 1.16 and the lowest price hitting 1.14 during the day. As of now, World Stock is dangerous. World Flex PCL shows Sharpe Ratio of 0.0473, which attests that the company had a 0.0473% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for World Flex PCL, which you can use to evaluate the volatility of the company. Please check out World Flex's Downside Deviation of 3.32, mean deviation of 2.55, and Market Risk Adjusted Performance of (0.05) to validate if the risk estimate we provide is consistent with the expected return of 0.19%.
World Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
World |
Sharpe Ratio = 0.0473
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Estimated Market Risk
| 4.03 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average World Flex is performing at about 3% 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 World Flex by adding it to a well-diversified portfolio.
World Flex Valuation on November 22, 2024
It is possible to determine the worth of World Flex on a given historical date. On November 22, 2024 World was worth 1.2 at the beginning of the trading date compared to the closed value of 1.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of World Flex stock. Still, in general, we apply an absolute valuation method to find World Flex'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 World Flex where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against World Flex's related companies.
| Open | High | Low | Close | Volume | |
| 1.17 | 1.21 | 1.17 | 1.19 | 69,700 | |
11/22/2024 | 1.20 | 1.22 | 1.19 | 1.20 | 68,900 |
| 1.19 | 1.22 | 1.19 | 1.22 | 57,300 |
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World Flex Trading Date Momentum on November 22, 2024
| On November 25 2024 World Flex PCL was traded for 1.22 at the closing time. The maximum traded price for the trading interval was 1.22 and the lowest daily price was 1.19 . The daily volume was recorded at 57.3 K. The volume of trading on 25th of November 2024 played a part in the next trading day price upswing. The trading price change to the next closing price was 1.67% . The trading price change to the closing price today is 5.00% . |
World Flex PCL Fundamentals Correlations and Trends
By evaluating World Flex'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 World Flex's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. World financial account trend analysis is a perfect complement when working with valuation or volatility modules.About World Flex Stock history
World Flex 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 World is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in World Flex PCL 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 World Flex stock prices may prove useful in developing a viable investing in World Flex
World Flex Stock Technical Analysis
World Flex 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
World Flex Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
World Flex PCL 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.
World Flex November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how World Flex stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading World Flex shares will generate the highest return on investment. By undertsting and applying World Flex stock market strength indicators, traders can identify World Flex PCL entry and exit signals to maximize returns
World Flex Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for World Flex's price direction in advance. Along with the technical and fundamental analysis of World Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of World 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 | 0.0328 | |||
| Jensen Alpha | 0.3306 | |||
| Total Risk Alpha | (0.48) | |||
| Sortino Ratio | 7.0E-4 | |||
| Treynor Ratio | (0.06) |
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Other Information on Investing in World Stock
World Flex financial ratios help investors to determine whether World 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 World with respect to the benefits of owning World Flex security.