Siam Cement (Thailand) Price on July 4, 2024

SCC-R Stock  THB 249.00  8.00  3.32%   
If you're considering investing in Siam Stock, it is important to understand the factors that can impact its price. As of today, the current price of Siam Cement stands at 249.00, as last reported on the 16th of September 2024, with the highest price reaching 249.00 and the lowest price hitting 240.00 during the day. Siam Cement owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.1, which indicates the firm had a -0.1% return per unit of risk over the last 3 months. The Siam Cement exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Siam Cement's Coefficient Of Variation of (838.29), risk adjusted performance of (0.09), and Variance of 10.14 to confirm the risk estimate we provide.
  
Siam Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1049

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsSCC-R

Estimated Market Risk

 3.29
  actual daily
29
71% of assets are more volatile

Expected Return

 -0.35
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.1
  actual daily
0
Most of other assets perform better
Based on monthly moving average Siam Cement 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 Siam Cement by adding Siam Cement to a well-diversified portfolio.

Siam Cement Valuation on July 4, 2024

It is possible to determine the worth of Siam Cement on a given historical date. On July 4, 2024 Siam was worth 322.5 at the beginning of the trading date compared to the closed value of 322.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Siam Cement stock. Still, in general, we apply an absolute valuation method to find Siam Cement'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 Siam Cement where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Siam Cement's related companies.
 Open High Low Close Volume
  322.50    322.50    322.50    322.50    1.00  
07/04/2024
  322.50    322.50    322.50    322.50    1.00  
  322.50    322.50    322.50    322.50    1.00  
Backtest Siam Cement  |  Siam Cement History  |  Siam Cement Valuation   PreviousNext  
Open Value
322.5
312.62
Downside
322.5
Closing Value
332.38
Upside

Siam Cement Trading Date Momentum on July 4, 2024

On July 05 2024 The Siam Cement was traded for  322.50  at the closing time. The highest price during the trading period was 322.50  and the lowest recorded bid was listed for  322.50 . There was no trading activity during the period 1.0. Lack of trading volume on July 5, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.00% .

Siam Cement Fundamentals Correlations and Trends

By evaluating Siam Cement'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 Siam Cement's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Siam financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Siam Cement Stock history

Siam Cement 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 Siam is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Siam Cement 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 Siam Cement stock prices may prove useful in developing a viable investing in Siam Cement
The Siam Cement Public Company Limited, through its subsidiaries, engages in cement, building materials, chemicals, packaging, and investment businesses in Thailand, Vietnam, China, Indonesia, and internationally.

Siam Cement Stock Technical Analysis

Siam Cement 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.
A focus of Siam Cement technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Siam Cement trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Siam Cement Period Price Range

Low
September 16, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

The Siam Cement 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.

Siam Cement September 16, 2024 Market Strength

Market strength indicators help investors to evaluate how Siam Cement stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Siam Cement shares will generate the highest return on investment. By undertsting and applying Siam Cement stock market strength indicators, traders can identify The Siam Cement entry and exit signals to maximize returns

Siam Cement Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Siam Cement's price direction in advance. Along with the technical and fundamental analysis of Siam Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Siam 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.

Complementary Tools for Siam Stock analysis

When running Siam Cement's price analysis, check to measure Siam Cement'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 Siam Cement is operating at the current time. Most of Siam Cement's value examination focuses on studying past and present price action to predict the probability of Siam Cement's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Siam Cement's price. Additionally, you may evaluate how the addition of Siam Cement to your portfolios can decrease your overall portfolio volatility.
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets