Rojana Industrial (Thailand) Today
| ROJNA Stock | THB 7.45 0.20 2.76% |
Performance17 of 100
| Odds Of DistressLess than 31
|
Rojana Industrial is trading at 7.45 as of the 25th of April 2024, a 2.76 percent increase since the beginning of the trading day. The stock's open price was 7.25. Rojana Industrial has about a 31 percent probability of financial distress in the next few years of operation but had a somewhat solid performance during the last 90 days. Equity ratings for Rojana Industrial Park are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of May 2022 and ending today, the 25th of April 2024. Click here to learn more.
Rojana Industrial Park Public Company Limited, together with its subsidiaries, engages in the manufacture and sale of electricity from solar cell system in Thailand. The company was founded in 1988 and is headquartered in Bangkok, Thailand. ROJANA INDUSTRIAL operates under UtilitiesIndependent Power Producers classification in Thailand and is traded on Stock Exchange of Thailand.. The company has 2.02 B outstanding shares. More on Rojana Industrial Park
Moving together with Rojana Stock
| 0.81 | BEM-R | Bangkok Expressway and | PairCorr |
Moving against Rojana Stock
| 0.89 | JTS | Jasmine Telecom Systems | PairCorr |
| 0.76 | DITTO | Ditto Public | PairCorr |
| 0.5 | FORTH | Forth Public | PairCorr |
Follow Valuation Odds of Bankruptcy
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Rojana 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. Rojana Industrial's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Rojana Industrial or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Direk Winitbut |
| Thematic Idea | Heavy Metals (View all Themes) |
| Business Concentration | Heavy Metals, Utilities, Electric Utilities, Utilities—Independent Power Producers, Utilities (View all Sectors) |
Rojana Industrial Park (ROJNA) is traded on Thailand Exchange in Thailand and employs 20 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 12.73 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Rojana Industrial's market, we take the total number of its shares issued and multiply it by Rojana Industrial'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. Rojana Industrial Park operates under Electric Utilities sector and is part of Utilities industry. The entity has 2.02 B outstanding shares.
Rojana Industrial Park has accumulated about 10.7 B in cash with 2.2 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.3.
Check Rojana Industrial Probability Of Bankruptcy
Ownership AllocationRojana Industrial Park has a total of 2.02 Billion outstanding shares. Rojana Industrial holds 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. 73.86 pct. of Rojana Industrial Park outstanding shares that are owned by insiders implies 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 Rojana Ownership Details
Rojana Stock Price Odds Analysis
What are Rojana Industrial's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Rojana Industrial jumping above the current price in 90 days from now is about 10.7%. The Rojana Industrial Park probability density function shows the probability of Rojana Industrial stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Rojana Industrial Park has a beta of -0.243 indicating as returns on the benchmark increase, returns on holding Rojana Industrial are expected to decrease at a much lower rate. During a bear market, however, Rojana Industrial Park is likely to outperform the market. Additionally, rojana Industrial Park has an alpha of 0.2841, implying that it can generate a 0.28 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Rojana Industrial to move above the current price in 90 days from now is about 10.7 (This Rojana Industrial Park probability density function shows the probability of Rojana Stock to fall within a particular range of prices over 90 days) .
Rojana Industrial Park Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Rojana Industrial market risk premium is the additional return an investor will receive from holding Rojana Industrial 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 Rojana Industrial. 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 Rojana Industrial's alpha and beta are two of the key measurements used to evaluate Rojana Industrial's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.37 | |||
| Semi Deviation | 1.69 | |||
| Standard Deviation | 2.06 | |||
| Variance | 4.23 |
Rojana Stock Against Markets
Picking the right benchmark for Rojana Industrial 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 Rojana Industrial 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 Rojana Industrial is critical whether you are bullish or bearish towards Rojana Industrial Park at a given time. Please also check how Rojana Industrial'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 Rojana Industrial 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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Rojana Industrial Corporate Directors
Rojana Industrial corporate directors refer to members of a Rojana Industrial board of directors. The board of directors generally takes responsibility for the Rojana Industrial'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 Rojana Industrial's board members must vote for the resolution. The Rojana Industrial board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Phong Sarasin | Director, Independent Director | Profile | |
| Anuwat Maytheewibulwut | Independent Director | Profile | |
| Yasushi Takezawa | Director | Profile | |
| Amara Charoenkitwatthanakun | Independent Director | Profile |
How to buy Rojana Stock?
Before investing in Rojana Industrial, 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 Rojana Industrial. To buy Rojana Industrial stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Rojana Industrial. 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 Rojana Industrial stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Rojana Industrial Park 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 Rojana Industrial Park 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 Rojana Industrial Park, 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 Rojana Industrial Park?
The danger of trading Rojana Industrial Park 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 Rojana Industrial 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 Rojana Industrial. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Rojana Industrial Park 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 Rojana Industrial Park. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Rojana Industrial Park information on this page should be used as a complementary analysis to other Rojana Industrial'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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Complementary Tools for Rojana Stock analysis
When running Rojana Industrial's price analysis, check to measure Rojana Industrial'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 Rojana Industrial is operating at the current time. Most of Rojana Industrial's value examination focuses on studying past and present price action to predict the probability of Rojana Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rojana Industrial's price. Additionally, you may evaluate how the addition of Rojana Industrial to your portfolios can decrease your overall portfolio volatility.
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