Thai Union (Thailand) Price on August 19, 2019
| TU Stock | THB 14.10 0.50 3.42% |
If you're considering investing in Thai Stock, it is important to understand the factors that can impact its price. As of today, the current price of Thai Union stands at 14.10, as last reported on the 23rd of April, with the highest price reaching 14.30 and the lowest price hitting 14.00 during the day. Thai Union Group 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. Thai Union Group exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Thai Union's Coefficient Of Variation of (1,942), variance of 1.55, and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide.
Thai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Thai |
Sharpe Ratio = -0.1034
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| Negative Returns | TU |
Estimated Market Risk
| 1.14 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.12 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 Thai Union 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 Thai Union by adding Thai Union to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Thai Union Stock history
Thai Union 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 Thai is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Thai Union 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 Thai Union stock prices may prove useful in developing a viable investing in Thai Union
Thai Union Group Public Company Limited, together with its subsidiaries, manufactures and sells frozen, chilled, and canned seafood in Thailand and internationally. Thai Union Group Public Company Limited was founded in 1977 and is headquartered in Mueang Samut Sakhon, Thailand. THAI UNION operates under Packaged Foods classification in Thailand and is traded on Stock Exchange of Thailand.
Thai Union Stock Technical Analysis
Thai Union 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
Thai Union Period Price Range
Thai Union April 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Thai Union stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Thai Union shares will generate the highest return on investment. By undertsting and applying Thai Union stock market strength indicators, traders can identify Thai Union Group entry and exit signals to maximize returns
| Accumulation Distribution | 212434.0 | |||
| Daily Balance Of Power | (1.67) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 14.15 | |||
| Day Typical Price | 14.13 | |||
| Price Action Indicator | (0.30) | |||
| Period Momentum Indicator | (0.50) |
Thai Union Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Thai Union's price direction in advance. Along with the technical and fundamental analysis of Thai Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Thai 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 | (0.03) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | (1.94) |
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| Math Transform | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thai Union 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 bureau of labor statistics. Note that the Thai Union Group information on this page should be used as a complementary analysis to other Thai Union's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for Thai Stock analysis
When running Thai Union's price analysis, check to measure Thai Union'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 Thai Union is operating at the current time. Most of Thai Union's value examination focuses on studying past and present price action to predict the probability of Thai Union's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thai Union's price. Additionally, you may evaluate how the addition of Thai Union to your portfolios can decrease your overall portfolio volatility.
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