Thai German (Thailand) Today

TGPRO Stock  THB 0.14  0.01  7.69%   

Performance

2 of 100

 
Low
 
High
Weak

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
Thai German is trading at 0.14 as of the 28th of March 2024, a 7.69 percent increase since the beginning of the trading day. The stock's open price was 0.13. Thai German has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Thai German Products Public are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of April 2023 and ending today, the 28th of March 2024. Click here to learn more.
Thai-German Products Public Company Limited manufactures and distributes stainless steel pipes, sheets, axles, and equipment in Thailand. The company was incorporated in 1973 and is headquartered in Rayong, Thailand. THAI GERMAN operates under Steel classification in Thailand and is traded on Stock Exchange of Thailand.. The company has 4.72 B outstanding shares. More on Thai German Products Public
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

Thai 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. Thai German's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Thai German or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Chairman of the BoardPracha Lilaprachakun
Business ConcentrationMaterials, Metals & Mining, Steel, Basic Materials (View all Sectors)
Thai German Products Public (TGPRO) is traded on Thailand Exchange in Thailand and employs 23 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.23 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Thai German's market, we take the total number of its shares issued and multiply it by Thai German'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. Thai-German Products operates under Metals & Mining sector and is part of Materials industry. The entity has 4.72 B outstanding shares. Thai German Products Public has accumulated about 14.99 M in cash with 115.26 M of positive cash flow from operations.
Check Thai German Probability Of Bankruptcy
Ownership Allocation
Thai-German Products shows a total of 4.72 Billion outstanding shares. Thai-German Products 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. Please note that no matter how many assets the company owns, 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 Thai Ownership Details

Thai Stock Price Odds Analysis

What are Thai German's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Thai German jumping above the current price in 90 days from now is about 50.0%. The Thai German Products Public probability density function shows the probability of Thai German stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Thai German Products Public has a beta of -1.1845. This usually implies as returns on its benchmark rise, returns on holding Thai German Products Public are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Thai German is expected to outperform its benchmark. Additionally, thai German Products Public has an alpha of 0.4225, implying that it can generate a 0.42 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 0.14HorizonTargetOdds Above 0.14
49.84%90 days
 0.14 
50.00%
Based on a normal probability distribution, the odds of Thai German to move above the current price in 90 days from now is about 50.0 (This Thai German Products Public probability density function shows the probability of Thai Stock to fall within a particular range of prices over 90 days) .

Thai-German Products Risk Profiles

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

Thai Stock Against Markets

Picking the right benchmark for Thai German 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 Thai German 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 Thai German is critical whether you are bullish or bearish towards Thai German Products Public at a given time. Please also check how Thai German'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 Thai German 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 Balance Of Power Now

   

Balance Of Power

Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
All  Next Launch Module

Thai German Corporate Directors

Thai German corporate directors refer to members of a Thai German board of directors. The board of directors generally takes responsibility for the Thai German'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 Thai German's board members must vote for the resolution. The Thai German board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Vichit VuthisombutIndependent DirectorProfile
Wichit WuthisombatIndependent DirectorProfile
Aphinan RatchatasombatCompany Secretary, Deputy Managing DirectorProfile
Naruemon PhasaphongAssistant Managing DirectorProfile

How to buy Thai Stock?

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

The danger of trading Thai German Products 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 Thai German 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 Thai German. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Thai-German Products 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 Thai German Products 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 persons.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

Complementary Tools for Thai Stock analysis

When running Thai German's price analysis, check to measure Thai German'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 Thai German is operating at the current time. Most of Thai German's value examination focuses on studying past and present price action to predict the probability of Thai German's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thai German's price. Additionally, you may evaluate how the addition of Thai German to your portfolios can decrease your overall portfolio volatility.
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Equity Valuation
Check real value of public entities based on technical and fundamental data
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
AI Investment Finder
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
Please note, there is a significant difference between Thai German's value and its price as these two are different measures arrived at by different means. Investors typically determine if Thai German is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thai German'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.