Wave Entertainment (Thailand) Today
| WAVE Stock | THB 0.15 0.01 7.14% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Wave Entertainment is selling for 0.15 as of the 23rd of April 2024. This is a 7.14 percent up since the beginning of the trading day. The stock's last reported lowest price was 0.14. Wave Entertainment 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 Wave Entertainment Public are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of July 2023 and ending today, the 23rd of April 2024. Click here to learn more.
Wave Entertainment Public Company Limited, together with its subsidiaries, engages in the production and distribution of television programs in Thailand. Wave Entertainment Public Company Limited was incorporated in 1988 and is headquartered in Bangkok, Thailand. The company has 8.64 B outstanding shares. More on Wave Entertainment Public
Moving against Wave Stock
| 0.57 | PTT-R | PTT Public | PairCorr |
| 0.55 | PTT | PTT Public | PairCorr |
Follow Valuation Odds of Bankruptcy
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Wave 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. Wave Entertainment's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Wave Entertainment or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Matthew Kichodhan |
| Thematic Idea | Entertainment (View all Themes) |
| Business Concentration | Entertainment, Communication Services, Entertainment, Education & Training Services, Consumer Defensive (View all Sectors) |
Wave Entertainment Public (WAVE) is traded on Thailand Exchange in Thailand and employs 26 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.07 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Wave Entertainment's market, we take the total number of its shares issued and multiply it by Wave Entertainment'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. Wave Entertainment Public operates under Entertainment sector and is part of Communication Services industry. The entity has 8.64 B outstanding shares.
Wave Entertainment Public has accumulated about 76.36 M in cash with 76.39 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.1.
Check Wave Entertainment Probability Of Bankruptcy
Ownership AllocationWave Entertainment Public retains a total of 8.64 Billion outstanding shares. Wave Entertainment Public owns 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 shows, 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 Wave Ownership Details
Wave Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Wave Entertainment jumping above the current price in 90 days from now is about 81.83%. The Wave Entertainment Public probability density function shows the probability of Wave Entertainment stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Wave Entertainment has a beta of 0.9151. This entails Wave Entertainment Public market returns are very sensitive to returns on the market. As the market goes up or down, Wave Entertainment is expected to follow. Additionally, wave Entertainment Public 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 Wave Entertainment to move above the current price in 90 days from now is about 81.83 (This Wave Entertainment Public probability density function shows the probability of Wave Stock to fall within a particular range of prices over 90 days) .
Wave Entertainment Public Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Wave Entertainment market risk premium is the additional return an investor will receive from holding Wave Entertainment 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 Wave Entertainment. 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 Wave Entertainment's alpha and beta are two of the key measurements used to evaluate Wave Entertainment's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.22 | |||
| Standard Deviation | 3.66 | |||
| Variance | 13.38 | |||
| Risk Adjusted Performance | (0.04) |
Wave Stock Against Markets
Picking the right benchmark for Wave Entertainment 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 Wave Entertainment 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 Wave Entertainment is critical whether you are bullish or bearish towards Wave Entertainment Public at a given time. Please also check how Wave Entertainment'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 Wave Entertainment 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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Portfolio RebalancingAnalyze risk-adjusted returns against different time horizons to find asset-allocation targets |
| All Next | Launch Module |
Wave Entertainment Corporate Directors
Wave Entertainment corporate directors refer to members of a Wave Entertainment board of directors. The board of directors generally takes responsibility for the Wave Entertainment'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 Wave Entertainment's board members must vote for the resolution. The Wave Entertainment board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Miss Maleenont | Executive VP TV, Director, Member of Investment Committee and Member of Risk Management Committee | Profile | |
| Piyawadi Malinon | Director | Profile | |
| Cathleen Malinon | Executive Director, Director | Profile | |
| Tracy Malinon | Director | Profile |
How to buy Wave Stock?
Before investing in Wave Entertainment, 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 Wave Entertainment. To buy Wave Entertainment stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Wave Entertainment. 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 Wave Entertainment stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Wave Entertainment 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 Wave Entertainment 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 Wave Entertainment 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 Wave Entertainment Public?
The danger of trading Wave Entertainment 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 Wave Entertainment 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 Wave Entertainment. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Wave Entertainment 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wave Entertainment 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Wave Stock analysis
When running Wave Entertainment's price analysis, check to measure Wave Entertainment'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 Wave Entertainment is operating at the current time. Most of Wave Entertainment's value examination focuses on studying past and present price action to predict the probability of Wave Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wave Entertainment's price. Additionally, you may evaluate how the addition of Wave Entertainment to your portfolios can decrease your overall portfolio volatility.
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