Mida Assets (Thailand) Performance
| MIDA Stock | THB 0.34 0.01 2.86% |
The company secures a Beta (Market Risk) of -0.41, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Mida Assets are expected to decrease at a much lower rate. During the bear market, Mida Assets is likely to outperform the market. At this point, Mida Assets Public has a negative expected return of -0.23%. Please make sure to verify Mida Assets' coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to decide if Mida Assets Public performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Mida Assets Public has generated negative risk-adjusted returns adding no value to investors with long positions. Despite conflicting performance in the last few months, the Stock's forward-looking signals remain quite persistent which may send shares a bit higher in January 2025. The latest mess may also be a sign of long-standing up-swing for the company institutional investors. ...more
| Begin Period Cash Flow | 675.7 M | |
| Total Cashflows From Investing Activities | 87.6 M |
Mida |
Mida Assets Relative Risk vs. Return Landscape
If you would invest 41.00 in Mida Assets Public on September 17, 2024 and sell it today you would lose (7.00) from holding Mida Assets Public or give up 17.07% of portfolio value over 90 days. Mida Assets Public is generating negative expected returns and assumes 4.0486% volatility on return distribution over the 90 days horizon. Simply put, 36% of stocks are less volatile than Mida, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Mida Assets Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mida Assets' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Mida Assets Public, and traders can use it to determine the average amount a Mida Assets' 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 = -0.0569
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| Negative Returns | MIDA |
Estimated Market Risk
| 4.05 actual daily | 36 64% of assets are more volatile |
Expected Return
| -0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mida Assets 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 Mida Assets by adding Mida Assets to a well-diversified portfolio.
Mida Assets Fundamentals Growth
Mida Stock prices reflect investors' perceptions of the future prospects and financial health of Mida Assets, and Mida Assets 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 Mida Stock performance.
| Return On Equity | -0.0265 | |||
| Return On Asset | 0.0047 | |||
| Profit Margin | (0.11) % | |||
| Operating Margin | 0.04 % | |||
| Current Valuation | 6.37 B | |||
| Shares Outstanding | 2.5 B | |||
| Price To Earning | 32.11 X | |||
| Price To Book | 0.31 X | |||
| Price To Sales | 0.56 X | |||
| Revenue | 1.81 B | |||
| EBITDA | (38.65 M) | |||
| Cash And Equivalents | 179.95 M | |||
| Cash Per Share | 0.07 X | |||
| Total Debt | 1.66 B | |||
| Debt To Equity | 100.20 % | |||
| Book Value Per Share | 1.37 X | |||
| Cash Flow From Operations | (261.93 M) | |||
| Earnings Per Share | (0.1) X | |||
| Total Asset | 10.93 B | |||
| Retained Earnings | 1.08 B | |||
| Current Asset | 3.31 B | |||
| Current Liabilities | 2.47 B | |||
About Mida Assets Performance
By examining Mida Assets' fundamental ratios, stakeholders can obtain critical insights into Mida Assets' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Mida Assets is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Mida Assets Public Company Limited engages in the sale and hire-purchase of electronic equipment, mobile phones, motorcycles, and used cars in Thailand. Mida Assets Public Company Limited was founded in 1991 and is based in Bangkok, Thailand. MIDA ASSETS operates under Credit Services classification in Thailand and is traded on Stock Exchange of Thailand.Things to note about Mida Assets Public performance evaluation
Checking the ongoing alerts about Mida Assets for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Mida Assets Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Mida Assets Public generated a negative expected return over the last 90 days | |
| Mida Assets Public has some characteristics of a very speculative penny stock | |
| Mida Assets Public has high historical volatility and very poor performance | |
| Mida Assets Public has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 1.81 B. Net Loss for the year was (248.87 M) with profit before overhead, payroll, taxes, and interest of 1.24 B. | |
| Mida Assets Public has accumulated about 179.95 M in cash with (261.93 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.07. | |
| Roughly 56.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Mida Assets' 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 Mida Assets' stock is overvalued or undervalued compared to its peers.
- Examining Mida Assets' 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 Mida Assets' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mida Assets' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Mida Assets' stock. These opinions can provide insight into Mida Assets' potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Mida Stock
Mida Assets financial ratios help investors to determine whether Mida 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 Mida with respect to the benefits of owning Mida Assets security.