ThaiDex SET50 (Thailand) Buy Hold or Sell Recommendation
| TDEX Etf | THB 8.69 0.08 0.91% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding ThaiDex SET50 Exchange is 'Hold'. The recommendation algorithm takes into account all of ThaiDex SET50's available fundamental, technical, and predictive indicators you will find on this site.
Check out ThaiDex SET50 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. Note, we conduct extensive research on individual funds such as ThaiDex and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards ThaiDex SET50 Exchange. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
ThaiDex |
Execute ThaiDex SET50 Buy or Sell Advice
The ThaiDex recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on ThaiDex SET50 Exchange. Macroaxis does not own or have any residual interests in ThaiDex SET50 Exchange or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute ThaiDex SET50's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details |
ThaiDex SET50 Trading Alerts and Improvement Suggestions
| ThaiDex SET50 generated a negative expected return over the last 90 days | |
| The fund maintains 96.66% of its assets in stocks |
ThaiDex SET50 Returns Distribution Density
The distribution of ThaiDex SET50's historical returns is an attempt to chart the uncertainty of ThaiDex SET50's future price movements. The chart of the probability distribution of ThaiDex SET50 daily returns describes the distribution of returns around its average expected value. We use ThaiDex SET50 Exchange price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ThaiDex SET50 returns is essential to provide solid investment advice for ThaiDex SET50.
| Mean Return | -0.02 | Value At Risk | -1.11 | Potential Upside | 1.21 | Standard Deviation | 0.72 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of ThaiDex SET50 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.
ThaiDex SET50 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 ThaiDex SET50 or One Asset Management Ltd 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 ThaiDex SET50's price will be affected by overall etf 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 ThaiDex etf'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 | -0.04 | |
β | Beta against Dow Jones | 0.24 | |
σ | Overall volatility | 0.74 | |
Ir | Information ratio | -0.08 |
ThaiDex SET50 Volatility Alert
ThaiDex SET50 Exchange exhibits very low volatility with skewness of 1.02 and kurtosis of 2.37. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure ThaiDex SET50's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact ThaiDex SET50's etf 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.ThaiDex SET50 Fundamentals Vs Peers
Comparing ThaiDex SET50'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 ThaiDex SET50's direct or indirect competition across all of the common fundamentals between ThaiDex SET50 and the related equities. This way, we can detect undervalued stocks with similar characteristics as ThaiDex SET50 or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of ThaiDex SET50's fundamental indicators could also be used in its relative valuation, which is a method of valuing ThaiDex SET50 by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare ThaiDex SET50 to competition |
| Fundamentals | ThaiDex SET50 | Peer Average |
| One Year Return | 11.59 % | (0.97) % |
| Three Year Return | 10.87 % | 3.23 % |
| Five Year Return | 4.41 % | 1.12 % |
| Ten Year Return | 13.49 % | 1.20 % |
| Net Asset | 3.31 B | 2.29 B |
| Last Dividend Paid | 0.2 | 0.14 |
| Equity Positions Weight | 96.66 % | 52.82 % |
ThaiDex SET50 Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as ThaiDex . 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 ThaiDex SET50 Buy or Sell Advice
When is the right time to buy or sell ThaiDex SET50 Exchange? Buying financial instruments such as ThaiDex Etf 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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Companies that are related to providing casino-type services across multiple geographical areas. The Casinos theme has 51 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 Casinos Theme or any other thematic opportunities.
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Other Information on Investing in ThaiDex Etf
ThaiDex SET50 financial ratios help investors to determine whether ThaiDex Etf 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 ThaiDex with respect to the benefits of owning ThaiDex SET50 security.