Forth Public (Thailand) Today
| FORTH Stock | THB 16.20 0.10 0.62% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Forth Public is trading at 16.20 as of the 23rd of April 2024, a 0.62 percent increase since the beginning of the trading day. The stock's open price was 16.1. Forth Public has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Forth Public are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of May 2022 and ending today, the 23rd of April 2024. Click here to learn more.
Forth Corporation Public Company Limited, together with its subsidiaries, manufactures and distributes telecommunication and electronic equipment, and assembly electronic parts primarily in Thailand. Forth Corporation Public Company Limited was founded in 1989 and is headquartered in Bangkok, Thailand. The company has 935.37 M outstanding shares. More on Forth Public
Moving together with Forth Stock
| 0.82 | DELTA | Delta Electronics Public | PairCorr |
| 0.7 | EGCO | Electricity Generating | PairCorr |
Moving against Forth Stock
| 0.66 | PTTEP | PTT Exploration | PairCorr |
Follow Valuation Odds of Bankruptcy
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Forth 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. Forth Public's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Forth Public or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Sanit Vorapanya |
| Business Concentration | Information Technology, Electronic Equipment, Instruments & Components, Electronic Components, Technology (View all Sectors) |
Forth Public (FORTH) is traded on Thailand Exchange in Thailand and employs 22 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 40.22 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Forth Public's market, we take the total number of its shares issued and multiply it by Forth Public'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. Forth Public operates under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. The entity has 935.37 M outstanding shares.
Forth Public has accumulated about 661.68 M in cash with 734.75 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.69.
Check Forth Public Probability Of Bankruptcy
Ownership AllocationForth Public retains a total of 935.37 Million outstanding shares. Forth 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. 63.18 percent of Forth Public outstanding shares that are owned by insiders denotes 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 Forth Ownership Details
Forth Stock Price Odds Analysis
What are Forth Public's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Forth Public jumping above the current price in 90 days from now is about 68.1%. The Forth Public probability density function shows the probability of Forth Public stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Forth Public has a beta of -0.5993. This usually indicates as returns on the benchmark increase, returns on holding Forth Public are expected to decrease at a much lower rate. During a bear market, however, Forth Public is likely to outperform the market. Additionally, forth Public has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Forth Public to move above the current price in 90 days from now is about 68.1 (This Forth Public probability density function shows the probability of Forth Stock to fall within a particular range of prices over 90 days) .
Forth Public Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Forth Public market risk premium is the additional return an investor will receive from holding Forth Public 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 Forth Public. 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 Forth Public's alpha and beta are two of the key measurements used to evaluate Forth Public's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.95 | |||
| Standard Deviation | 3.11 | |||
| Variance | 9.69 | |||
| Risk Adjusted Performance | (0.06) |
Forth Stock Against Markets
Picking the right benchmark for Forth Public 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 Forth Public 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 Forth Public is critical whether you are bullish or bearish towards Forth Public at a given time. Please also check how Forth Public'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 Forth Public 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.Did you try this?
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Forth Public Corporate Directors
Forth Public corporate directors refer to members of a Forth Public board of directors. The board of directors generally takes responsibility for the Forth Public'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 Forth Public's board members must vote for the resolution. The Forth Public board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Nongram Laohaareedilok | Independent Director | Profile | |
| Somboon Muangklam | Independent Director | Profile | |
| Sutham Malila | Director, Independent Director | Profile | |
| Matinee Wandeepirom | Director | Profile |
How to buy Forth Stock?
Before investing in Forth Public, 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 Forth Public. To buy Forth Public stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Forth Public. 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 Forth Public stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Forth 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 Forth 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 Forth 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 Forth Public?
The danger of trading Forth 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 Forth Public 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 Forth Public. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Forth 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Forth 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 rate. Note that the Forth Public information on this page should be used as a complementary analysis to other Forth Public's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for Forth Stock analysis
When running Forth Public's price analysis, check to measure Forth Public'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 Forth Public is operating at the current time. Most of Forth Public's value examination focuses on studying past and present price action to predict the probability of Forth Public's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forth Public's price. Additionally, you may evaluate how the addition of Forth Public to your portfolios can decrease your overall portfolio volatility.
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