Yong Concrete (Thailand) Price on November 25, 2024
| YONG Stock | 1.22 0.01 0.83% |
If you're considering investing in Yong Stock, it is important to understand the factors that can impact its price. As of today, the current price of Yong Concrete stands at 1.22, as last reported on the 30th of November, with the highest price reaching 1.22 and the lowest price hitting 1.19 during the day. Yong Concrete PCL shows Sharpe Ratio of -0.12, which attests that the company had a -0.12% return per unit of risk over the last 3 months. Yong Concrete PCL exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Yong Concrete's Standard Deviation of 2.26, market risk adjusted performance of 1.62, and Mean Deviation of 1.42 to validate the risk estimate we provide.
Yong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Yong |
Sharpe Ratio = -0.117
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | YONG |
Estimated Market Risk
| 2.3 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.27 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Yong Concrete is not performing at its full potential. However, 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 Yong Concrete by adding Yong Concrete to a well-diversified portfolio.
Yong Concrete Valuation on November 25, 2024
It is possible to determine the worth of Yong Concrete on a given historical date. On November 25, 2024 Yong was worth 1.23 at the beginning of the trading date compared to the closed value of 1.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Yong Concrete stock. Still, in general, we apply an absolute valuation method to find Yong Concrete'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 Yong Concrete where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Yong Concrete's related companies.
| Open | High | Low | Close | Volume | |
| 1.24 | 1.24 | 1.23 | 1.23 | 197,800 | |
11/25/2024 | 1.23 | 1.24 | 1.22 | 1.22 | 104,900 |
| 1.23 | 1.23 | 1.21 | 1.23 | 44,600 |
| Backtest Yong Concrete | | | Yong Concrete History | | | Yong Concrete Valuation | Previous | Next |
Yong Concrete Trading Date Momentum on November 25, 2024
| On November 26 2024 Yong Concrete PCL was traded for 1.23 at the closing time. The highest price during the trading period was 1.23 and the lowest recorded bid was listed for 1.21 . The volume for the day was 44.6 K. This history from November 26, 2024 contributed to the next trading day price upswing. The trading price change to the next closing price was 0.82% . The trading price change to the current price is 0.82% . |
Yong Concrete PCL Fundamentals Correlations and Trends
By evaluating Yong Concrete'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 Yong Concrete's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Yong financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Yong Concrete Stock history
Yong Concrete 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 Yong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Yong Concrete 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 Yong Concrete stock prices may prove useful in developing a viable investing in Yong Concrete
Yong Concrete Stock Technical Analysis
Yong Concrete 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
Yong Concrete Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Yong Concrete 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.
Yong Concrete November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Yong Concrete stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Yong Concrete shares will generate the highest return on investment. By undertsting and applying Yong Concrete stock market strength indicators, traders can identify Yong Concrete PCL entry and exit signals to maximize returns
Yong Concrete Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Yong Concrete's price direction in advance. Along with the technical and fundamental analysis of Yong Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Yong 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 | (0.09) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.68) | |||
| Treynor Ratio | 1.61 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Yong Stock
Yong Concrete financial ratios help investors to determine whether Yong 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 Yong with respect to the benefits of owning Yong Concrete security.