Wave Entertainment (Thailand) Performance
| WAVE Stock | THB 0.15 0.01 7.14% |
The firm maintains a market beta of 0.92, which attests to possible diversification benefits within a given portfolio. Wave Entertainment returns are very sensitive to returns on the market. As the market goes up or down, Wave Entertainment is expected to follow. Wave Entertainment Public has an expected return of -0.14%. Please make sure to check out Wave Entertainment Public skewness, accumulation distribution, rate of daily change, as well as the relationship between the kurtosis and daily balance of power , to decide if Wave Entertainment Public performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Wave Entertainment Public has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest conflicting performance, the Stock's basic indicators remain persistent and the latest mess on Wall Street may also be a sign of long-standing gains for the company institutional investors. ...more
| Begin Period Cash Flow | 14.1 M | |
| Total Cashflows From Investing Activities | 213.3 M |
Wave |
Wave Entertainment Relative Risk vs. Return Landscape
If you would invest 17.00 in Wave Entertainment Public on January 24, 2024 and sell it today you would lose (2.00) from holding Wave Entertainment Public or give up 11.76% of portfolio value over 90 days. Wave Entertainment Public is generating negative expected returns and assumes 3.7979% volatility on return distribution over the 90 days horizon. Simply put, 33% of stocks are less volatile than Wave, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Wave Entertainment Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wave Entertainment's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Wave Entertainment Public, and traders can use it to determine the average amount a Wave Entertainment's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.037
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| Negative Returns | WAVE |
Estimated Market Risk
| 3.8 actual daily | 33 67% of assets are more volatile |
Expected Return
| -0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Wave Entertainment is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Wave Entertainment by adding Wave Entertainment to a well-diversified portfolio.
Wave Entertainment Fundamentals Growth
Wave Stock prices reflect investors' perceptions of the future prospects and financial health of Wave Entertainment, and Wave Entertainment fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Wave Stock performance.
| Return On Equity | -1.84 | |||
| Return On Asset | -0.0949 | |||
| Profit Margin | (2.75) % | |||
| Operating Margin | (0.71) % | |||
| Current Valuation | 1.11 B | |||
| Shares Outstanding | 8.64 B | |||
| Price To Earning | (18.80) X | |||
| Price To Book | 10.31 X | |||
| Price To Sales | 4.15 X | |||
| Revenue | 286.04 M | |||
| EBITDA | (480.39 M) | |||
| Cash And Equivalents | 76.36 M | |||
| Cash Per Share | 0.10 X | |||
| Total Debt | 59.42 M | |||
| Debt To Equity | 0.75 % | |||
| Book Value Per Share | 0.14 X | |||
| Cash Flow From Operations | 76.39 M | |||
| Earnings Per Share | (0.87) X | |||
| Total Asset | 877.23 M | |||
| Retained Earnings | 320 M | |||
| Current Asset | 1.13 B | |||
| Current Liabilities | 1.77 B | |||
About Wave Entertainment Performance
To evaluate Wave Entertainment Public Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Wave Entertainment generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Wave Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Wave Entertainment Public market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Wave's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.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. WAVE ENTERTAINMENT operates under Education Training Services classification in Thailand and is traded on Stock Exchange of Thailand.Things to note about Wave Entertainment Public performance evaluation
Checking the ongoing alerts about Wave Entertainment for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Wave Entertainment Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Wave Entertainment generated a negative expected return over the last 90 days | |
| Wave Entertainment has some characteristics of a very speculative penny stock | |
| Wave Entertainment has high historical volatility and very poor performance | |
| The company has accumulated 59.42 M in total debt with debt to equity ratio (D/E) of 0.75, which is about average as compared to similar companies. Wave Entertainment Public has a current ratio of 0.47, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Wave Entertainment until it has trouble settling it off, either with new capital or with free cash flow. So, Wave Entertainment's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Wave Entertainment Public sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Wave to invest in growth at high rates of return. When we think about Wave Entertainment's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 286.04 M. Net Loss for the year was (692.76 M) with profit before overhead, payroll, taxes, and interest of 71.75 M. | |
| About 31.0% of Wave Entertainment outstanding shares are owned by insiders |
- Analyzing Wave Entertainment's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Wave Entertainment's stock is overvalued or undervalued compared to its peers.
- Examining Wave Entertainment's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Wave Entertainment's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Wave Entertainment's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Wave Entertainment's stock. These opinions can provide insight into Wave Entertainment's potential for growth and whether the stock is currently undervalued or overvalued.
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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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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