Sermsang Power (Thailand) Today
| SSP Stock | THB 7.95 0.30 3.92% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Sermsang Power is selling for 7.95 as of the 25th of April 2024. This is a 3.92 percent up since the beginning of the trading day. The stock's last reported lowest price was 7.65. Sermsang Power 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 Sermsang Power are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Sermsang Power Corporation Public Company Limited operates in the renewable energy business. The company was founded in 2010 and is based in Bangkok, Thailand. SERMSANG POWER operates under UtilitiesRenewable classification in Thailand and is traded on Stock Exchange of Thailand. The company has 1.25 B outstanding shares. More on Sermsang Power
Moving together with Sermsang Stock
| 0.64 | EA | Energy Absolute Public | PairCorr |
| 0.65 | ACE | Absolute Clean Energy | PairCorr |
Moving against Sermsang Stock
| 0.82 | KWC | Krungdhep Sophon Public | PairCorr |
| 0.71 | SCCC | Siam City Cement | PairCorr |
| 0.59 | KYE | Kang Yong Electric | PairCorr |
| 0.56 | ETC | Earth Tech Environment | PairCorr |
Follow Valuation Odds of Bankruptcy
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Sermsang 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. Sermsang Power's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Sermsang Power or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chief Executive Officer | Varut Tummavaranukub |
| Business Concentration | Utilities—Renewable, Utilities (View all Sectors) |
Sermsang Power (SSP) is traded on Thailand Exchange in Thailand and employs 11 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 12.11 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Sermsang Power's market, we take the total number of its shares issued and multiply it by Sermsang Power'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. Sermsang Power operates under Utilities sector and is part of Utilities—Renewable industry. The entity has 1.25 B outstanding shares.
Sermsang Power has accumulated about 1.15 B in cash with 2.39 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.13.
Check Sermsang Power Probability Of Bankruptcy
Ownership AllocationSermsang Power maintains a total of 1.25 Billion outstanding shares. Sermsang Power maintains 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. 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 Sermsang Ownership Details
Sermsang Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Sermsang Power jumping above the current price in 90 days from now is about 56.11%. The Sermsang Power probability density function shows the probability of Sermsang Power stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Sermsang Power has a beta of -0.1227. This usually implies as returns on the benchmark increase, returns on holding Sermsang Power are expected to decrease at a much lower rate. During a bear market, however, Sermsang Power is likely to outperform the market. Additionally, sermsang Power 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 Sermsang Power to move above the current price in 90 days from now is about 56.11 (This Sermsang Power probability density function shows the probability of Sermsang Stock to fall within a particular range of prices over 90 days) .
Sermsang Power Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Sermsang Power market risk premium is the additional return an investor will receive from holding Sermsang Power 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 Sermsang Power. 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 Sermsang Power's alpha and beta are two of the key measurements used to evaluate Sermsang Power's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.9446 | |||
| Standard Deviation | 1.32 | |||
| Variance | 1.75 | |||
| Risk Adjusted Performance | (0.04) |
Sermsang Stock Against Markets
Picking the right benchmark for Sermsang Power 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 Sermsang Power 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 Sermsang Power is critical whether you are bullish or bearish towards Sermsang Power at a given time. Please also check how Sermsang Power'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 Sermsang Power 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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Sermsang Power Corporate Management
Elected by the shareholders, the Sermsang Power's board of directors comprises two types of representatives: Sermsang Power inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sermsang. The board's role is to monitor Sermsang Power's management team and ensure that shareholders' interests are well served. Sermsang Power'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, Sermsang Power's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Chayut Leehacharoenkul | Chief Officer | Profile | |
| Phairat Phoubon | Independent Director | Profile | |
| Monchai Pongstabadee | Independent Director | Profile | |
| Phonkamon Hongwilai | Assistant Treasury | Profile | |
| Passakorn Panyaratanakorn | Chief Officer | Profile |
How to buy Sermsang Stock?
Before investing in Sermsang Power, 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 Sermsang Power. To buy Sermsang Power stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Sermsang Power. 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 Sermsang Power stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Sermsang Power 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 Sermsang Power 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 Sermsang Power, 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 Sermsang Power?
The danger of trading Sermsang Power 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 Sermsang Power 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 Sermsang Power. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Sermsang Power 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sermsang Power. 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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for Sermsang Stock analysis
When running Sermsang Power's price analysis, check to measure Sermsang Power'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 Sermsang Power is operating at the current time. Most of Sermsang Power's value examination focuses on studying past and present price action to predict the probability of Sermsang Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sermsang Power's price. Additionally, you may evaluate how the addition of Sermsang Power to your portfolios can decrease your overall portfolio volatility.
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