North East Financials
| NER Stock | THB 4.86 0.02 0.41% |
North |
North East Stock Summary
North East competes with Sri Trang, Jay Mart, Com7 PCL, Energy Absolute, and Minor International. North East Rubbers Public Company Limited engages in the manufacture and sale of rubber products in Thailand, China, Singapore, Hong Kong, Malaysia, and internationally. The company was founded in 2006 and is based in Prakhon Chai, Thailand. NORTH EAST is traded on Stock Exchange of Thailand in Thailand.| Foreign Associate | USA |
| Instrument | Thailand Stock View All |
| Exchange | Thailand Exchange |
| Business Address | 398 Moo 4 |
| Sector | Basic Materials |
| Industry | Specialty Chemicals |
| Benchmark | Dow Jones Industrial |
| Website | nerubber.com |
| Phone | 66 4 466 6928 |
| Currency | THB - Thailand Baht |
You should never invest in North East without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of North Stock, because this is throwing your money away. Analyzing the key information contained in North East's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
North East Key Financial Ratios
North East's financial ratios allow both analysts and investors to convert raw data from North East's financial statements into concise, actionable information that can be used to evaluate the performance of North East over time and compare it to other companies across industries.North Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining North East's current stock value. Our valuation model uses many indicators to compare North East value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across North East competition to find correlations between indicators driving North East's intrinsic value. More Info.North East Rubbers is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.28 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for North East Rubbers is roughly 3.60 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the North East's earnings, one of the primary drivers of an investment's value.North East Rubbers Systematic Risk
North East's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. North East volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. The Beta measures systematic risk based on how returns on North East Rubbers correlated with the market. If Beta is less than 0 North East generally moves in the opposite direction as compared to the market. If North East Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one North East Rubbers is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of North East is generally in the same direction as the market. If Beta > 1 North East moves generally in the same direction as, but more than the movement of the benchmark.
North East Thematic Clasifications
North East Rubbers is part of Plastics investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Rubber and plastics accessories. Companies manufacturing rubber and plastics accessories
This theme covers Rubber and plastics accessories. Companies manufacturing rubber and plastics accessories. Get More Thematic Ideas
| Plastics | View |
North East December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of North East help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of North East Rubbers. We use our internally-developed statistical techniques to arrive at the intrinsic value of North East Rubbers based on widely used predictive technical indicators. In general, we focus on analyzing North Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build North East's daily price indicators and compare them against related drivers.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 9.81 | |||
| Value At Risk | (3.23) | |||
| Potential Upside | 2.88 |
Other Information on Investing in North Stock
North East financial ratios help investors to determine whether North 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 North with respect to the benefits of owning North East security.