Thai Oil Financials
| TOP-R Stock | THB 37.75 2.50 6.21% |
Thai |
Understanding current and past Thai Oil Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Thai Oil's financial statements are interrelated, with each one affecting the others. For example, an increase in Thai Oil's assets may result in an increase in income on the income statement.
Please note, the presentation of Thai Oil's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Thai Oil's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Thai Oil's management manipulating its earnings.
Thai Oil Stock Summary
Thai Oil competes with Krung Thai, Thai Union, PTT Public, Supalai Public, and PTT Exploration. Thai Oil Public Company Limited, together with its subsidiaries, engages in the oil refining and distribution business in Thailand.| Instrument | Thailand Stock View All |
| Exchange | Thailand Exchange |
| ISIN | TH0796010R11 |
| Business Address | 5551 Energy Complex |
| Sector | Energy |
| Industry | Oil & Gas Refining & Marketing |
| Benchmark | Dow Jones Industrial |
| Website | www.thaioilgroup.com |
| Phone | 66 2 797 2999 |
| Currency | THB - Thailand Baht |
You should never invest in Thai Oil without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Thai Stock, because this is throwing your money away. Analyzing the key information contained in Thai Oil's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Thai Oil Key Financial Ratios
Thai Oil's financial ratios allow both analysts and investors to convert raw data from Thai Oil's financial statements into concise, actionable information that can be used to evaluate the performance of Thai Oil over time and compare it to other companies across industries.Thai Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Thai Oil's current stock value. Our valuation model uses many indicators to compare Thai Oil value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Thai Oil competition to find correlations between indicators driving Thai Oil's intrinsic value. More Info.Thai Oil Public is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.29 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Thai Oil Public is roughly 3.41 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Thai Oil by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Thai Oil's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Thai Oil Public Systematic Risk
Thai Oil's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Thai Oil 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 ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Thai Oil Public correlated with the market. If Beta is less than 0 Thai Oil generally moves in the opposite direction as compared to the market. If Thai Oil Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Thai Oil Public is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Thai Oil is generally in the same direction as the market. If Beta > 1 Thai Oil moves generally in the same direction as, but more than the movement of the benchmark.
Thai Oil November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Thai Oil help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Thai Oil Public. We use our internally-developed statistical techniques to arrive at the intrinsic value of Thai Oil Public based on widely used predictive technical indicators. In general, we focus on analyzing Thai Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Thai Oil's daily price indicators and compare them against related drivers.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 17.26 | |||
| Value At Risk | (2.59) |
Complementary Tools for Thai Stock analysis
When running Thai Oil's price analysis, check to measure Thai Oil'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 Oil is operating at the current time. Most of Thai Oil's value examination focuses on studying past and present price action to predict the probability of Thai Oil'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 Oil's price. Additionally, you may evaluate how the addition of Thai Oil to your portfolios can decrease your overall portfolio volatility.
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