Thai Coating (Thailand) Performance
| TCOAT Stock | THB 24.40 0.60 2.52% |
The entity has a beta of -0.0482, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Thai Coating are expected to decrease at a much lower rate. During the bear market, Thai Coating is likely to outperform the market. At this point, Thai Coating Industrial has a negative expected return of -0.0986%. Please make sure to validate Thai Coating's jensen alpha, as well as the relationship between the kurtosis and price action indicator , to decide if Thai Coating Industrial performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Thai Coating Industrial has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong fundamental drivers, Thai Coating is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 2 M | |
| Total Cashflows From Investing Activities | 5.3 M |
Thai |
Thai Coating Relative Risk vs. Return Landscape
If you would invest 2,750 in Thai Coating Industrial on December 2, 2024 and sell it today you would lose (310.00) from holding Thai Coating Industrial or give up 11.27% of portfolio value over 90 days. Thai Coating Industrial is generating negative expected returns and assumes 4.5032% volatility on return distribution over the 90 days horizon. Simply put, 40% of stocks are less volatile than Thai, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Thai Coating Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thai Coating's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Thai Coating Industrial, and traders can use it to determine the average amount a Thai Coating's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0219
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TCOAT |
Estimated Market Risk
| 4.5 actual daily | 40 60% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Thai Coating 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 Coating by adding Thai Coating to a well-diversified portfolio.
Thai Coating Fundamentals Growth
Thai Stock prices reflect investors' perceptions of the future prospects and financial health of Thai Coating, and Thai Coating fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Thai Stock performance.
| Return On Equity | -0.0227 | |||
| Return On Asset | -0.0121 | |||
| Profit Margin | (0.02) % | |||
| Operating Margin | (0.02) % | |||
| Current Valuation | 201.18 M | |||
| Shares Outstanding | 10.5 M | |||
| Price To Earning | 13.41 X | |||
| Price To Book | 0.56 X | |||
| Price To Sales | 0.38 X | |||
| Revenue | 720.03 M | |||
| EBITDA | 32.92 M | |||
| Cash And Equivalents | 86.88 M | |||
| Cash Per Share | 8.27 X | |||
| Total Debt | 1.67 M | |||
| Debt To Equity | 0.30 % | |||
| Book Value Per Share | 48.89 X | |||
| Cash Flow From Operations | 14.05 M | |||
| Earnings Per Share | 0.19 X | |||
| Total Asset | 652.71 M | |||
| Retained Earnings | 279 M | |||
| Current Asset | 369 M | |||
| Current Liabilities | 74 M | |||
About Thai Coating Performance
By analyzing Thai Coating's fundamental ratios, stakeholders can gain valuable insights into Thai Coating's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Thai Coating has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Thai Coating has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Thai Coating Industrial Public Company Limited manufactures and sells plastic sacks and beads in Thailand. The company was incorporated in 1978 and is headquartered in Prachinburi, Thailand. THAI COATING is traded on Stock Exchange of Thailand in Thailand.Things to note about Thai Coating Industrial performance evaluation
Checking the ongoing alerts about Thai Coating for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Thai Coating Industrial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Thai Coating generated a negative expected return over the last 90 days | |
| Thai Coating has high historical volatility and very poor performance | |
| About 78.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Thai Coating's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Thai Coating's stock is overvalued or undervalued compared to its peers.
- Examining Thai Coating's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Thai Coating's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Thai Coating's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Thai Coating's stock. These opinions can provide insight into Thai Coating's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Thai Stock analysis
When running Thai Coating's price analysis, check to measure Thai Coating'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 Coating is operating at the current time. Most of Thai Coating's value examination focuses on studying past and present price action to predict the probability of Thai Coating'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 Coating's price. Additionally, you may evaluate how the addition of Thai Coating to your portfolios can decrease your overall portfolio volatility.
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Stocks Directory Find actively traded stocks across global markets | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like |