Ziga Innovation (Thailand) Analysis
| ZIGA Stock | THB 1.64 0.01 0.61% |
Ziga Innovation Public is overvalued with Real Value of 1.46 and Hype Value of 1.64. The main objective of Ziga Innovation stock analysis is to determine its intrinsic value, which is an estimate of what Ziga Innovation Public is worth, separate from its market price. There are two main types of Ziga Innovation's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Ziga Innovation's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Ziga Innovation's stock to identify patterns and trends that may indicate its future price movements.
The Ziga Innovation stock is traded in Thailand on Thailand Exchange, with the market opening at 10:00:00 and closing at 16:30:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Thailand.
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Ziga Stock Analysis Notes
About 47.0% of the company outstanding shares are owned by insiders. The book value of Ziga Innovation was at this time reported as 1.42. The company last dividend was issued on the 25th of August 2021. Ziga Innovation Public Company Limited manufactures and trades steel conduits and pipes in Thailand. Ziga Innovation Public Company Limited was incorporated in 1998 and is based in Samutprakarn, Thailand. ZIGA INNOVATION operates under Metal Fabrication classification in Thailand and is traded on Stock Exchange of Thailand. For more information please call Suppakit Ngamchitcharoen at 66 2 816 9315 or visit https://www.ziga.co.th.Ziga Innovation Public Investment Alerts
| Ziga Innovation generated a negative expected return over the last 90 days | |
| Ziga Innovation may become a speculative penny stock | |
| Ziga Innovation Public has accumulated about 138.63 M in cash with (55.38 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.27. | |
| Roughly 47.0% of the company outstanding shares are owned by insiders |
Ziga Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.51 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ziga Innovation's market, we take the total number of its shares issued and multiply it by Ziga Innovation's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Ziga Profitablity
Ziga Innovation's profitability indicators refer to fundamental financial ratios that showcase Ziga Innovation's ability to generate income relative to its revenue or operating costs. If, let's say, Ziga Innovation is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Ziga Innovation's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Ziga Innovation's profitability requires more research than a typical breakdown of Ziga Innovation's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (0.05) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.03) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.03. Technical Drivers
As of the 8th of January, Ziga Innovation maintains the Standard Deviation of 1.83, market risk adjusted performance of 0.9051, and Mean Deviation of 1.42. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Ziga Innovation Public, as well as the relationship between them.Ziga Innovation Public Price Movement Analysis
The output start index for this execution was five with a total number of output elements of fifty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Ziga Innovation middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Ziga Innovation Public. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Ziga Innovation Outstanding Bonds
Ziga Innovation issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Ziga Innovation Public uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Ziga bonds can be classified according to their maturity, which is the date when Ziga Innovation Public has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Ziga Innovation Predictive Daily Indicators
Ziga Innovation intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Ziga Innovation stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Ziga Innovation Forecast Models
Ziga Innovation's time-series forecasting models are one of many Ziga Innovation's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Ziga Innovation's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Ziga Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Ziga Innovation prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Ziga shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Ziga Innovation. By using and applying Ziga Stock analysis, traders can create a robust methodology for identifying Ziga entry and exit points for their positions.
Ziga Innovation Public Company Limited manufactures and trades steel conduits and pipes in Thailand. Ziga Innovation Public Company Limited was incorporated in 1998 and is based in Samutprakarn, Thailand. ZIGA INNOVATION operates under Metal Fabrication classification in Thailand and is traded on Stock Exchange of Thailand.
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Other Information on Investing in Ziga Stock
Ziga Innovation financial ratios help investors to determine whether Ziga 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 Ziga with respect to the benefits of owning Ziga Innovation security.