Noble Development (Thailand) Buy Hold or Sell Recommendation

NOBLE Stock  THB 2.10  0.02  0.94%   
Assuming the 90 days trading horizon and your way above-average risk tolerance, our recommendation regarding Noble Development Public is 'Hold'. Macroaxis provides Noble Development buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding NOBLE positions.
  
Check out Noble Development Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual companies such as Noble and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Noble Development Public. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Execute Noble Development Buy or Sell Advice

The Noble recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Noble Development Public. Macroaxis does not own or have any residual interests in Noble Development Public or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Noble Development's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Noble DevelopmentBuy Noble Development
Hold

Market Performance

Very WeakDetails

Volatility

Moderately volatileDetails

Hype Condition

StaleDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Slowly supersedes the marketDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon Noble Development Public has a Risk Adjusted Performance of (0.22), Jensen Alpha of (0.47), Total Risk Alpha of (0.43) and Treynor Ratio of (1.11)
We provide investment recommendation to complement the last-minute expert consensus on Noble Development Public. Our dynamic recommendation engine harnesses a multidimensional algorithm to analyze the entity's potential to grow using all technical and fundamental data available at the time. To make sure Noble Development Public is not overpriced, please verify all Noble Development Public fundamentals, including its shares outstanding, revenue, total debt, as well as the relationship between the price to earning and net income .

Noble Development Trading Alerts and Improvement Suggestions

Noble Development generated a negative expected return over the last 90 days
Noble Development has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
Noble Development Public has accumulated about 1.86 B in cash with (1.05 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.06, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Roughly 14.0% of the company outstanding shares are owned by corporate insiders

Noble Development Returns Distribution Density

The distribution of Noble Development's historical returns is an attempt to chart the uncertainty of Noble Development's future price movements. The chart of the probability distribution of Noble Development daily returns describes the distribution of returns around its average expected value. We use Noble Development Public price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Noble Development returns is essential to provide solid investment advice for Noble Development.
Mean Return
-0.47
Value At Risk
-3.05
Potential Upside
1.98
Standard Deviation
1.51
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Noble Development historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Noble Development Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Noble Development or Real Estate Management & Development sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Noble Development's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Noble stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over Dow Jones
-0.47
β
Beta against Dow Jones0.43
σ
Overall volatility
1.57
Ir
Information ratio -0.3

Noble Development Volatility Alert

Noble Development Public exhibits very low volatility with skewness of 0.53 and kurtosis of 1.3. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Noble Development's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Noble Development's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Noble Development Fundamentals Vs Peers

Comparing Noble Development's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Noble Development's direct or indirect competition across all of the common fundamentals between Noble Development and the related equities. This way, we can detect undervalued stocks with similar characteristics as Noble Development or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Noble Development's fundamental indicators could also be used in its relative valuation, which is a method of valuing Noble Development by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Noble Development to competition
FundamentalsNoble DevelopmentPeer Average
Return On Equity0.0201-0.31
Return On Asset1.0E-4-0.14
Profit Margin0.02 %(1.27) %
Operating Margin0.0006 %(5.51) %
Current Valuation19.72 B16.62 B
Shares Outstanding1.37 B571.82 M
Shares Owned By Insiders14.46 %10.09 %
Shares Owned By Institutions0.02 %39.21 %
Price To Earning4.64 X28.72 X
Price To Book1.18 X9.51 X
Price To Sales1.19 X11.42 X
Revenue6.83 B9.43 B
Gross Profit2.26 B27.38 B
EBITDA1.55 B3.9 B
Net Income931.78 M570.98 M
Cash And Equivalents1.86 B2.7 B
Cash Per Share4.06 X5.01 X
Total Debt6.13 B5.32 B
Debt To Equity230.80 %48.70 %
Current Ratio2.31 X2.16 X
Book Value Per Share4.11 X1.93 K
Cash Flow From Operations(1.05 B)971.22 M
Earnings Per Share0.09 X3.12 X
Target Price10.6
Number Of Employees2318.84 K
Beta0.7-0.15
Market Capitalization7.6 B19.03 B
Total Asset20.28 B29.47 B
Retained Earnings2.18 B9.33 B
Working Capital9.89 B1.48 B
Current Asset23.07 B9.34 B
Current Liabilities13.18 B7.9 B
Z Score0.68.72

Noble Development Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Noble . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Noble Development Buy or Sell Advice

When is the right time to buy or sell Noble Development Public? Buying financial instruments such as Noble Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

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Silver Theme
Companies involved in mining, production, and distribution of silver and silver goods. The Silver theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Silver Theme or any other thematic opportunities.
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Other Information on Investing in Noble Stock

Noble Development financial ratios help investors to determine whether Noble 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 Noble with respect to the benefits of owning Noble Development security.