Asia Plus (Thailand) Price on April 18, 2024
| ASP Stock | THB 2.64 0.02 0.76% |
If you're considering investing in Asia Stock, it is important to understand the factors that can impact its price. As of today, the current price of Asia Plus stands at 2.64, as last reported on the 16th of May 2024, with the highest price reaching 2.64 and the lowest price hitting 2.60 during the day. Asia Plus Group secures Sharpe Ratio (or Efficiency) of -0.0831, which signifies that the company had a -0.0831% return per unit of risk over the last 3 months. Asia Plus Group exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Asia Plus' Standard Deviation of 0.6072, mean deviation of 0.4048, and Risk Adjusted Performance of (0.05) to double-check the risk estimate we provide.
Asia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Asia |
Sharpe Ratio = -0.0831
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| Negative Returns | ASP |
Estimated Market Risk
| 0.61 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Asia Plus 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 Asia Plus by adding Asia Plus to a well-diversified portfolio.
Asia Plus Valuation on April 18, 2024
It is possible to determine the worth of Asia Plus on a given historical date. On April 18, 2024 Asia was worth 2.66 at the beginning of the trading date compared to the closed value of 2.66. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Asia Plus stock. Still, in general, we apply an absolute valuation method to find Asia Plus' 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 Asia Plus where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Asia Plus' related companies.
| Open | High | Low | Close | Volume | |
| 2.68 | 2.70 | 2.64 | 2.66 | 1,381,415 | |
04/18/2024 | 2.66 | 2.66 | 2.66 | 2.66 | 1.00 |
| 2.66 | 2.66 | 2.66 | 2.66 | 1.00 |
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Asia Plus Trading Date Momentum on April 18, 2024
| On April 19 2024 Asia Plus Group was traded for 2.66 at the closing time. The maximum traded price for the trading interval was 2.66 and the lowest daily price was 2.66 . There was no trading activity during the period 1.0. Lack of trading volume on 19th of April 2024 did not affect price variability. The overall trading delta to the closing price today is 0.00% . |
Asia Plus Group Fundamentals Correlations and Trends
By evaluating Asia Plus' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Asia Plus' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Asia financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Asia Plus Stock history
Asia Plus 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 Asia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Asia Plus Group 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 Asia Plus stock prices may prove useful in developing a viable investing in Asia Plus
Asia Plus Group Holdings Public Company Limited, together with its subsidiaries, engages in the securities business in Thailand. Asia Plus Group Holdings Public Company Limited was founded in 1974 and is headquartered in Bangkok, Thailand. ASIA PLUS operates under Capital Markets classification in Thailand and is traded on Stock Exchange of Thailand.
Asia Plus Stock Technical Analysis
Asia Plus 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
Asia Plus Period Price Range
Low | April 18, 2024
| High |
2.66 | 2.66 |
Asia Plus May 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Asia Plus stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Asia Plus shares will generate the highest return on investment. By undertsting and applying Asia Plus stock market strength indicators, traders can identify Asia Plus Group entry and exit signals to maximize returns
Asia Plus Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Asia Plus' price direction in advance. Along with the technical and fundamental analysis of Asia Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Asia 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 | (0.05) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | (1.24) |
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| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Asia Plus Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for Asia Stock analysis
When running Asia Plus' price analysis, check to measure Asia Plus' 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 Asia Plus is operating at the current time. Most of Asia Plus' value examination focuses on studying past and present price action to predict the probability of Asia Plus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asia Plus' price. Additionally, you may evaluate how the addition of Asia Plus to your portfolios can decrease your overall portfolio volatility.
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