WICE Logistics (Thailand) Today

WICE Stock  THB 5.55  0.05  0.89%   

Performance

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WICE Logistics is selling for 5.55 as of the 28th of March 2024. This is a -0.89% down since the beginning of the trading day. The stock's last reported lowest price was 5.4. WICE Logistics 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 WICE Logistics PCL are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Wice Logistics Public Company Limited provides air and sea freight forwarding, customs brokerage, inland transportation, cross-border and multimodal transportation, warehousing, and various freight related services for imports and exports in Thailand and internationally. The company has 651.2 M outstanding shares. More on WICE Logistics PCL

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Follow Valuation Odds of Bankruptcy
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WICE 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. WICE Logistics' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding WICE Logistics or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO and DirectorM Kongsoonthorn
Business ConcentrationIndustrials, Air Freight & Logistics, Integrated Freight & Logistics, Industrials (View all Sectors)
WICE Logistics PCL (WICE) is traded on Thailand Exchange in Thailand and employs 16 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 6.9 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate WICE Logistics's market, we take the total number of its shares issued and multiply it by WICE Logistics'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. WICE Logistics PCL operates under Air Freight & Logistics sector and is part of Industrials industry. The entity has 651.2 M outstanding shares. WICE Logistics PCL has accumulated about 487.89 M in cash with 621.46 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.75.
Check WICE Logistics Probability Of Bankruptcy
Ownership Allocation
WICE Logistics PCL shows a total of 651.2 Million outstanding shares. WICE Logistics PCL shows noticeable 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 WICE Ownership Details

WICE Stock Price Odds Analysis

Proceeding from a normal probability distribution, the odds of WICE Logistics jumping above the current price in 90 days from now is about 86.23%. The WICE Logistics PCL probability density function shows the probability of WICE Logistics stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon WICE Logistics has a beta of 0.4744. This entails as returns on the market go up, WICE Logistics average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding WICE Logistics PCL will be expected to be much smaller as well. Additionally, wICE Logistics PCL has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 5.55HorizonTargetOdds Above 5.55
13.60%90 days
 5.55 
86.23%
Based on a normal probability distribution, the odds of WICE Logistics to move above the current price in 90 days from now is about 86.23 (This WICE Logistics PCL probability density function shows the probability of WICE Stock to fall within a particular range of prices over 90 days) .

WICE Logistics PCL Risk Profiles

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

WICE Stock Against Markets

Picking the right benchmark for WICE Logistics 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 WICE Logistics 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 WICE Logistics is critical whether you are bullish or bearish towards WICE Logistics PCL at a given time. Please also check how WICE Logistics' 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 WICE Logistics 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.

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WICE Logistics Corporate Directors

WICE Logistics corporate directors refer to members of a WICE Logistics board of directors. The board of directors generally takes responsibility for the WICE Logistics' 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 WICE Logistics' board members must vote for the resolution. The WICE Logistics board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.

How to buy WICE Stock?

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

The danger of trading WICE Logistics PCL 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 WICE Logistics 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 WICE Logistics. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile WICE Logistics PCL 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 WICE Logistics PCL. 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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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When running WICE Logistics' price analysis, check to measure WICE Logistics' 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 WICE Logistics is operating at the current time. Most of WICE Logistics' value examination focuses on studying past and present price action to predict the probability of WICE Logistics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WICE Logistics' price. Additionally, you may evaluate how the addition of WICE Logistics to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between WICE Logistics' value and its price as these two are different measures arrived at by different means. Investors typically determine if WICE Logistics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WICE Logistics' 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.