Krung Thai (Thailand) Today
| KTB Stock | THB 16.00 0.30 1.84% |
Performance4 of 100
| Odds Of DistressLess than 10
|
Krung Thai is selling for 16.00 as of the 22nd of April 2024. This is a -1.84% down since the beginning of the trading day. The stock's last reported lowest price was 15.9. Krung Thai has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading 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 July 2023 and ending today, the 22nd of April 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
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.
| Chairman of the Board | Ekniti Nitithanprapas |
| Business Concentration | Financials, Banks, Banks - Regional - Asia, Financial Services (View all Sectors) |
Krung Thai Bank (KTB) is traded on Thailand Exchange in Thailand and employs 68 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 238.99 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 Banks sector and is part of Financials 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 AllocationKrung Thai Bank holds a total of 13.98 Billion outstanding shares. Krung Thai Bank secures 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. 61.97 % of Krung Thai Bank outstanding shares that are owned by insiders conveys 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 Krung Ownership Details
Krung Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Krung Thai jumping above the current price in 90 days from now is about 25.58%. 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 -0.126. This indicates as returns on the benchmark increase, returns on holding Krung Thai are expected to decrease at a much lower rate. During a 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 the NYSE Composite.
Based on a normal probability distribution, the odds of Krung Thai to move above the current price in 90 days from now is about 25.58 (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.
| Mean Deviation | 1.08 | |||
| Standard Deviation | 1.75 | |||
| Variance | 3.05 | |||
| Risk Adjusted Performance | (0.03) |
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.Did you try this?
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Krung Thai Corporate Directors
Krung Thai corporate directors refer to members of a Krung Thai board of directors. The board of directors generally takes responsibility for the Krung Thai'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 Krung Thai's board members must vote for the resolution. The Krung Thai board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Nontigorn Kanchanachitra | Independent Director | Profile | |
| Somchai Boonnamsiri | Independent Director | Profile | |
| Kittiphong Kityarak | Independent Director | Profile | |
| Nonthikorn Kanchanachitra | Independent Director | Profile |
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 board of governors. Note that the Krung Thai Bank information on this page should be used as a complementary analysis to other Krung Thai'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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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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