Rich Sport (Thailand) Today

RSP Stock  THB 2.48  0.04  1.64%   

Performance

0 of 100

 
Weak
 
Strong
Very Weak

Odds Of Distress

Less than 9

 
High
 
Low
Low
Rich Sport is selling for 2.48 as of the 24th of April 2024. This is a 1.64 percent up since the beginning of the trading day. The stock's last reported lowest price was 2.44. Rich Sport 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 Rich Sport Public are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
Rich Sport Public Company Limited manufactures and sells sneakers and apparel products in Thailand and internationally. Rich Sport Public Company Limited was founded in 1908 and is based in Bangkok, Thailand. RICH SPORT operates under Footwear Accessories classification in Thailand and is traded on Stock Exchange of Thailand.. The company has 743 M outstanding shares. More on Rich Sport Public
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

Rich 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. Rich Sport's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Rich Sport or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic Ideas
(View all Themes)
Business ConcentrationSport Products, Aluminum, Footwear & Accessories, Consumer Cyclical (View all Sectors)
Rich Sport Public (RSP) is traded on Thailand Exchange in Thailand and employs 5 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.95 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Rich Sport's market, we take the total number of its shares issued and multiply it by Rich Sport'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. Rich Sport Public operates under Consumer Cyclical sector and is part of Footwear & Accessories industry. The entity has 743 M outstanding shares. Rich Sport Public has accumulated about 1.15 B in cash with 165.45 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.49.
Check Rich Sport Probability Of Bankruptcy
Ownership Allocation
Rich Sport Public has a total of 743 Million outstanding shares. Rich Sport 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. 77.72 pct. of Rich Sport Public 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 Rich Ownership Details

Rich Stock Price Odds Analysis

Proceeding from a normal probability distribution, the odds of Rich Sport jumping above the current price in 90 days from now is roughly 2.52%. The Rich Sport Public probability density function shows the probability of Rich Sport stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Rich Sport Public has a beta of -0.1165 indicating as returns on the benchmark increase, returns on holding Rich Sport are expected to decrease at a much lower rate. During a bear market, however, Rich Sport Public is likely to outperform the market. Additionally, rich Sport Public has an alpha of 0.0731, implying that it can generate a 0.0731 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 2.48HorizonTargetOdds Above 2.48
97.38%90 days
 2.48 
2.52%
Based on a normal probability distribution, the odds of Rich Sport to move above the current price in 90 days from now is roughly 2.52 (This Rich Sport Public probability density function shows the probability of Rich Stock to fall within a particular range of prices over 90 days) .

Rich Sport Public Risk Profiles

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

Rich Stock Against Markets

Picking the right benchmark for Rich Sport 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 Rich Sport 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 Rich Sport is critical whether you are bullish or bearish towards Rich Sport Public at a given time. Please also check how Rich Sport'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 Rich Sport 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 Stock Screener Now

   

Stock Screener

Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
All  Next Launch Module

Rich Sport Corporate Management

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

How to buy Rich Stock?

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

The danger of trading Rich Sport 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 Rich Sport 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 Rich Sport. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Rich Sport 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rich Sport 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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

Complementary Tools for Rich Stock analysis

When running Rich Sport's price analysis, check to measure Rich Sport'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 Rich Sport is operating at the current time. Most of Rich Sport's value examination focuses on studying past and present price action to predict the probability of Rich Sport's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rich Sport's price. Additionally, you may evaluate how the addition of Rich Sport to your portfolios can decrease your overall portfolio volatility.
Bonds Directory
Find actively traded corporate debentures issued by US companies
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Please note, there is a significant difference between Rich Sport's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rich Sport is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rich Sport'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.