Praram 9 (Thailand) Today

PR9 Stock  THB 19.00  0.30  1.60%   

Performance

18 of 100

 
Low
 
High
Solid

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
Praram 9 is selling for 19.00 as of the 28th of March 2024. This is a 1.60 percent increase since the beginning of the trading day. The stock's last reported lowest price was 18.8. Praram 9 has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Praram 9 Hospital are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of April 2022 and ending today, the 28th of March 2024. Click here to learn more.
Praram 9 Hospital Public Company Limited operates a hospital under the Praram 9 Hospital name in Thailand. The company was founded in 1992 and is based in Bangkok, Thailand. PRARAM 9 operates under Medical Care Facilities classification in Thailand and is traded on Stock Exchange of Thailand.. The company has 786.3 M outstanding shares. More on Praram 9 Hospital

Moving together with Praram Stock

  0.8BDMS Bangkok Dusit MedicalPairCorr

Moving against Praram Stock

  0.89ARIN Arinsiri Land PublicPairCorr
  0.87BAY Bank Of AyudhyaPairCorr
  0.75TPRIME Thailand Prime PropertyPairCorr
  0.72CHG Chularat Hospital PublicPairCorr
  0.55TIF1 Thai IndustrialPairCorr
  0.52GVREIT Golden Ventures LeaseholdPairCorr
  0.41TIDLOR Ngern Tid LorPairCorr
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

Praram 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. Praram 9's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Praram 9 or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic IdeaHealth Management (View all Themes)
Business ConcentrationHealth Management, Medical Care Facilities, Healthcare (View all Sectors)
Praram 9 Hospital (PR9) is traded on Thailand Exchange in Thailand and employs 8 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 16.04 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Praram 9's market, we take the total number of its shares issued and multiply it by Praram 9'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. Praram 9 Hospital operates under Healthcare sector and is part of Medical Care Facilities industry. The entity has 786.3 M outstanding shares. Praram 9 Hospital has accumulated about 1.02 B in cash with 588.02 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.29.
Check Praram 9 Probability Of Bankruptcy
Ownership Allocation
Praram 9 owns a total of 786.3 Million outstanding shares. Praram 9 has 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 maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Praram Ownership Details

Praram Stock Price Odds Analysis

Proceeding from a normal probability distribution, the odds of Praram 9 jumping above the current price in 90 days from now is about 15.06%. The Praram 9 Hospital probability density function shows the probability of Praram 9 stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Praram 9 has a beta of 0.2126 indicating as returns on the market go up, Praram 9 average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Praram 9 Hospital will be expected to be much smaller as well. Additionally, praram 9 Hospital has an alpha of 0.2376, implying that it can generate a 0.24 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 19.0HorizonTargetOdds Above 19.0
84.82%90 days
 19.00 
15.06%
Based on a normal probability distribution, the odds of Praram 9 to move above the current price in 90 days from now is about 15.06 (This Praram 9 Hospital probability density function shows the probability of Praram Stock to fall within a particular range of prices over 90 days) .

Praram 9 Hospital Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Praram 9 market risk premium is the additional return an investor will receive from holding Praram 9 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 Praram 9. 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 Praram 9's alpha and beta are two of the key measurements used to evaluate Praram 9's performance over the market, the standard measures of volatility play an important role as well.

Praram Stock Against Markets

Picking the right benchmark for Praram 9 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 Praram 9 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 Praram 9 is critical whether you are bullish or bearish towards Praram 9 Hospital at a given time. Please also check how Praram 9'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 Praram 9 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?

Run ETFs Now

   

ETFs

Find actively traded Exchange Traded Funds (ETF) from around the world
All  Next Launch Module

Praram 9 Corporate Management

Elected by the shareholders, the Praram 9's board of directors comprises two types of representatives: Praram 9 inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Praram. The board's role is to monitor Praram 9's management team and ensure that shareholders' interests are well served. Praram 9'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, Praram 9's outside directors are responsible for providing unbiased perspectives on the board's policies.

How to buy Praram Stock?

Before investing in Praram 9, 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 Praram 9. To buy Praram 9 stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Praram 9. 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 Praram 9 stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Praram 9 Hospital 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 Praram 9 Hospital 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 Praram 9 Hospital, 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 Praram 9 Hospital?

The danger of trading Praram 9 Hospital 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 Praram 9 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 Praram 9. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Praram 9 Hospital 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Praram 9 Hospital. 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 Praram 9 Hospital information on this page should be used as a complementary analysis to other Praram 9'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 Global Correlations module to find global opportunities by holding instruments from different markets.

Complementary Tools for Praram Stock analysis

When running Praram 9's price analysis, check to measure Praram 9'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 Praram 9 is operating at the current time. Most of Praram 9's value examination focuses on studying past and present price action to predict the probability of Praram 9's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Praram 9's price. Additionally, you may evaluate how the addition of Praram 9 to your portfolios can decrease your overall portfolio volatility.
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Stocks Directory
Find actively traded stocks across global markets
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Fundamental Analysis
View fundamental data based on most recent published financial statements
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
CEOs Directory
Screen CEOs from public companies around the world
Please note, there is a significant difference between Praram 9's value and its price as these two are different measures arrived at by different means. Investors typically determine if Praram 9 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Praram 9'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.