ASN Broker (Thailand) Today

ASN Stock  THB 1.98  0.08  4.21%   

Performance

2 of 100

 
Low
 
High
Weak

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
ASN Broker is selling for 1.98 as of the 29th of March 2024. This is a 4.21% increase since the beginning of the trading day. The stock's last reported lowest price was 1.9. ASN Broker has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for ASN Broker Public are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of April 2022 and ending today, the 29th of March 2024. Click here to learn more.
ASN Broker Public Company Limited, together with its subsidiaries, provides insurance brokerage services in Thailand. The company was founded in 2005 and is based in Bangkok, Thailand. ASN BROKER operates under Insurance Brokers classification in Thailand and is traded on Stock Exchange of Thailand.. The company has 187.2 M outstanding shares. More on ASN Broker Public

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Follow Valuation Odds of Bankruptcy
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ASN Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. ASN Broker's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ASN Broker or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Chairman of the BoardTgow Tan
Business ConcentrationInsurance Brokers, Financial Services (View all Sectors)
ASN Broker Public (ASN) is traded on Thailand Exchange in Thailand and employs 14 people. The company currently falls under 'Small-Cap' category with a current market capitalization of 628.99 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ASN Broker's market, we take the total number of its shares issued and multiply it by ASN Broker'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. ASN Broker Public operates under Financial Services sector and is part of Insurance Brokers industry. The entity has 187.2 M outstanding shares. ASN Broker Public has accumulated about 43.61 M in cash with (92.28 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.34.
Check ASN Broker Probability Of Bankruptcy
Ownership Allocation
ASN Broker Public retains a total of 187.2 Million outstanding shares. ASN Broker Public shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 88.1 percent of ASN Broker Public outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check ASN Ownership Details

ASN Stock Price Odds Analysis

Proceeding from a normal probability distribution, the odds of ASN Broker jumping above the current price in 90 days from now is nearly 4.19%. The ASN Broker Public probability density function shows the probability of ASN Broker stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon ASN Broker has a beta of 0.7306. This suggests as returns on the market go up, ASN Broker average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ASN Broker Public will be expected to be much smaller as well. Additionally, aSN Broker Public has an alpha of 0.0131, implying that it can generate a 0.0131 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 1.98HorizonTargetOdds Above 1.98
95.74%90 days
 1.98 
4.19%
Based on a normal probability distribution, the odds of ASN Broker to move above the current price in 90 days from now is nearly 4.19 (This ASN Broker Public probability density function shows the probability of ASN Stock to fall within a particular range of prices over 90 days) .

ASN Broker Public Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. ASN Broker market risk premium is the additional return an investor will receive from holding ASN Broker long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ASN Broker. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although ASN Broker's alpha and beta are two of the key measurements used to evaluate ASN Broker's performance over the market, the standard measures of volatility play an important role as well.

ASN Stock Against Markets

Picking the right benchmark for ASN Broker stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in ASN Broker stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for ASN Broker is critical whether you are bullish or bearish towards ASN Broker Public at a given time. Please also check how ASN Broker's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in ASN Broker without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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ASN Broker Corporate Directors

ASN Broker corporate directors refer to members of an ASN Broker board of directors. The board of directors generally takes responsibility for the ASN Broker's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of ASN Broker's board members must vote for the resolution. The ASN Broker board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Chaloemphong ChitkhantiwongDirector, Independent DirectorProfile
Monruedi SukkhaphantharatDirector, Independent DirectorProfile
Yanaphon YoungyuenIndependent DirectorProfile
Loetchai KanphaiManaging Director, DirectorProfile

How to buy ASN Stock?

Before investing in ASN Broker, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in ASN Broker. To buy ASN Broker stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of ASN Broker. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase ASN Broker stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located ASN Broker Public stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased ASN Broker Public stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as ASN Broker Public, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in ASN Broker Public?

The danger of trading ASN Broker Public is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ASN Broker is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ASN Broker. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ASN Broker Public is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ASN Broker Public. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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When running ASN Broker's price analysis, check to measure ASN Broker'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 ASN Broker is operating at the current time. Most of ASN Broker's value examination focuses on studying past and present price action to predict the probability of ASN Broker's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ASN Broker's price. Additionally, you may evaluate how the addition of ASN Broker to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between ASN Broker's value and its price as these two are different measures arrived at by different means. Investors typically determine if ASN Broker is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ASN Broker's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.