Lease IT (Thailand) Today
| LIT Stock | THB 1.24 0.05 3.88% |
Performance4 of 100
| Odds Of DistressLess than 38
|
Lease IT is selling for 1.24 as of the 19th of April 2024. This is a -3.88 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 1.21. Lease IT has about a 38 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Lease IT Public are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Lease IT Public Company Limited provides financial services to small and medium enterprises in Thailand. The company was founded in 2006 and is headquartered in Bangkok, Thailand. LEASE IT operates under Credit Services classification in Thailand and is traded on Stock Exchange of Thailand.. The company has 442.93 M outstanding shares. More on Lease IT Public
Moving against Lease Stock
| 0.44 | KTC-R | Krungthai Card Public | PairCorr |
| 0.44 | SCB-R | Siam Commercial | PairCorr |
Follow Valuation Odds of Bankruptcy
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Lease 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. Lease IT's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Lease IT or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Sompon Aketerajit |
| Thematic Idea | Rentals (View all Themes) |
| Business Concentration | Rentals, Credit Services, Financial Services (View all Sectors) |
Lease IT Public (LIT) is traded on Thailand Exchange in Thailand and employs 12 people. The company currently falls under 'Small-Cap' category with a current market capitalization of 806.13 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Lease IT's market, we take the total number of its shares issued and multiply it by Lease IT'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. Lease IT Public operates under Financial Services sector and is part of Credit Services industry. The entity has 442.93 M outstanding shares.
Lease IT Public has accumulated about 176.22 M in cash with 383.68 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.8.
Check Lease IT Probability Of Bankruptcy
Ownership AllocationLease IT Public maintains a total of 442.93 Million outstanding shares. Lease IT Public holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. 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 Lease Ownership Details
Lease Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Lease IT jumping above the current price in 90 days from now is nearly 4.66%. The Lease IT Public probability density function shows the probability of Lease IT stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Lease IT Public has a beta of -2.065. This indicates as returns on its benchmark rise, returns on holding Lease IT Public are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Lease IT is expected to outperform its benchmark. Additionally, lease IT Public has an alpha of 0.3178, implying that it can generate a 0.32 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Lease IT to move above the current price in 90 days from now is nearly 4.66 (This Lease IT Public probability density function shows the probability of Lease Stock to fall within a particular range of prices over 90 days) .
Lease IT Public Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Lease IT market risk premium is the additional return an investor will receive from holding Lease IT 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 Lease IT. 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 Lease IT's alpha and beta are two of the key measurements used to evaluate Lease IT's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.42 | |||
| Semi Deviation | 2.8 | |||
| Standard Deviation | 5.15 | |||
| Variance | 26.54 |
Lease Stock Against Markets
Picking the right benchmark for Lease IT 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 Lease IT 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 Lease IT is critical whether you are bullish or bearish towards Lease IT Public at a given time. Please also check how Lease IT'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 Lease IT 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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| All Next | Launch Module |
Lease IT Corporate Management
Elected by the shareholders, the Lease IT's board of directors comprises two types of representatives: Lease IT inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Lease. The board's role is to monitor Lease IT's management team and ensure that shareholders' interests are well served. Lease IT'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, Lease IT's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Parichatara Laotheerasirivong | Sr Director | Profile | |
| Piyanan Mongkol | Assistant Manager of Credit Control | Profile | |
| Rungnapa Ogas | Assistant Operation | Profile | |
| Sitaphatr Nirojthanarat | Assistant Director | Profile | |
| Orathai Sawaengcharoen | F Mang | Profile |
How to buy Lease Stock?
Before investing in Lease IT, 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 Lease IT. To buy Lease IT stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Lease IT. 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 Lease IT stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Lease IT 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 Lease IT 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 Lease IT 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 Lease IT Public?
The danger of trading Lease IT 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 Lease IT 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 Lease IT. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Lease IT 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lease IT 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.
Complementary Tools for Lease Stock analysis
When running Lease IT's price analysis, check to measure Lease IT'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 Lease IT is operating at the current time. Most of Lease IT's value examination focuses on studying past and present price action to predict the probability of Lease IT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lease IT's price. Additionally, you may evaluate how the addition of Lease IT to your portfolios can decrease your overall portfolio volatility.
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