Krung Thai (Thailand) Today

KTB-R Stock  THB 16.90  0.10  0.60%   

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Krung Thai is trading at 16.90 as of the 28th of March 2024, a 0.60 percent increase since the beginning of the trading day. The stock's open price was 16.8. Krung Thai 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 Krung Thai Bank are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Krung Thai Bank Public Company Limited provides commercial banking products and services to individuals and corporate customers primarily in Thailand. Krung Thai Bank Public Company Limited is a subsidiary of Financial Institutions Development Fund. KRUNG THAI operates under Banks - Regional - Asia classification in Thailand and is traded on Stock Exchange of Thailand.. The company has 13.98 B outstanding shares. More on Krung Thai Bank

Moving together with Krung Stock

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Moving against Krung Stock

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Follow Valuation Odds of Bankruptcy
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Krung 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. Krung Thai's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Krung Thai or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic IdeaBanks (View all Themes)
Business ConcentrationBanks, Banks - Regional - Asia, Financial Services (View all Sectors)
Krung Thai Bank (KTB-R) is traded on Thailand Exchange in Thailand and employs 10 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 239.08 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Krung Thai's market, we take the total number of its shares issued and multiply it by Krung Thai'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. Krung Thai Bank operates under Financial Services sector and is part of Banks - Regional - Asia industry. The entity has 13.98 B outstanding shares. Krung Thai Bank has accumulated about 110.46 B in cash with (165.25 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.9.
Check Krung Thai Probability Of Bankruptcy
Ownership Allocation
Krung Thai Bank maintains a total of 13.98 Billion outstanding shares. Roughly 97.0 % of Krung Thai outstanding shares are held by general public with 0.7 pct. owned by insiders and only 2.1 % by institutional investors. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Krung Ownership Details

Krung Stock Price Odds Analysis

What are Krung Thai's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Krung Thai jumping above the current price in 90 days from now is about 45.87%. The Krung Thai Bank probability density function shows the probability of Krung Thai stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Krung Thai Bank has a beta of -0.1948. This indicates as returns on benchmark increase, returns on holding Krung Thai are expected to decrease at a much lower rate. During the bear market, however, Krung Thai Bank is likely to outperform the market. Additionally, krung Thai Bank has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 16.9HorizonTargetOdds Above 16.9
53.93%90 days
 16.90 
45.87%
Based on a normal probability distribution, the odds of Krung Thai to move above the current price in 90 days from now is about 45.87 (This Krung Thai Bank probability density function shows the probability of Krung Stock to fall within a particular range of prices over 90 days) .

Krung Thai Bank Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Krung Thai market risk premium is the additional return an investor will receive from holding Krung Thai 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 Krung Thai. 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 Krung Thai's alpha and beta are two of the key measurements used to evaluate Krung Thai's performance over the market, the standard measures of volatility play an important role as well.

Krung Stock Against Markets

Picking the right benchmark for Krung Thai 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 Krung Thai 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 Krung Thai is critical whether you are bullish or bearish towards Krung Thai Bank at a given time. Please also check how Krung Thai'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 Krung Thai 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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Krung Thai Corporate Management

Elected by the shareholders, the Krung Thai's board of directors comprises two types of representatives: Krung Thai inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Krung. The board's role is to monitor Krung Thai's management team and ensure that shareholders' interests are well served. Krung Thai's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Krung Thai's outside directors are responsible for providing unbiased perspectives on the board's policies.

How to buy Krung Stock?

Before investing in Krung Thai, 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 Krung Thai. To buy Krung Thai stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Krung Thai. 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 Krung Thai stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Krung Thai Bank 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 Krung Thai Bank 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 Krung Thai Bank, 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 Krung Thai Bank?

The danger of trading Krung Thai Bank 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 Krung Thai 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 Krung Thai. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Krung Thai Bank 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Krung Thai Bank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Complementary Tools for Krung Stock analysis

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