Asia Precision (Thailand) Performance
| APCS Stock | THB 3.30 0.12 3.51% |
The firm shows a Beta (market volatility) of -0.47, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Asia Precision are expected to decrease at a much lower rate. During the bear market, Asia Precision is likely to outperform the market. Asia Precision Public has an expected return of -0.0502%. Please make sure to confirm Asia Precision Public total risk alpha, maximum drawdown, and the relationship between the jensen alpha and treynor ratio , to decide if Asia Precision Public performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Asia Precision Public has generated negative risk-adjusted returns adding no value to investors with long positions. Despite quite persistent basic indicators, Asia Precision is not utilizing all of its potentials. The current stock price mess, may contribute to short-term losses for the institutional investors. ...more
| Begin Period Cash Flow | 538 M | |
| Total Cashflows From Investing Activities | -32.4 M |
Asia |
Asia Precision Relative Risk vs. Return Landscape
If you would invest 346.00 in Asia Precision Public on January 31, 2024 and sell it today you would lose (16.00) from holding Asia Precision Public or give up 4.62% of portfolio value over 90 days. Asia Precision Public is generating negative expected returns and assumes 2.4195% volatility on return distribution over the 90 days horizon. Simply put, 21% of stocks are less volatile than Asia, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Asia Precision Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Asia Precision's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Asia Precision Public, and traders can use it to determine the average amount a Asia Precision'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 = -0.0208
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | APCS |
Estimated Market Risk
| 2.42 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Asia Precision 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 Asia Precision by adding Asia Precision to a well-diversified portfolio.
Asia Precision Fundamentals Growth
Asia Stock prices reflect investors' perceptions of the future prospects and financial health of Asia Precision, and Asia Precision 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 Asia Stock performance.
| Return On Equity | -0.0116 | |||
| Return On Asset | 0.0086 | |||
| Profit Margin | (0.01) % | |||
| Operating Margin | 0.02 % | |||
| Current Valuation | 3.17 B | |||
| Shares Outstanding | 660 M | |||
| Price To Earning | 11.55 X | |||
| Price To Book | 1.68 X | |||
| Price To Sales | 1.23 X | |||
| Revenue | 2.17 B | |||
| EBITDA | 362.66 M | |||
| Cash And Equivalents | 597.93 M | |||
| Cash Per Share | 0.91 X | |||
| Total Debt | 34.4 M | |||
| Debt To Equity | 8.70 % | |||
| Book Value Per Share | 2.83 X | |||
| Cash Flow From Operations | 254.92 M | |||
| Earnings Per Share | 0.16 X | |||
| Total Asset | 3.56 B | |||
| Retained Earnings | 113 M | |||
| Current Asset | 439 M | |||
| Current Liabilities | 300 M | |||
About Asia Precision Performance
To evaluate Asia Precision 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 Asia Precision 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 Asia 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 Asia Precision Public market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Asia'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.Asia Precision Public Company Limited, together with its subsidiaries, manufactures and sells precision metal parts for automotive, office automation, heating ventilating and air-conditioning industries in Thailand and internationally. Asia Precision Public Company Limited was founded in 1994 and is based in Chonburi, Thailand. ASIA PRECISION operates under Metal Fabrication classification in Thailand and is traded on Stock Exchange of Thailand.Things to note about Asia Precision Public performance evaluation
Checking the ongoing alerts about Asia Precision for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Asia Precision Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Asia Precision generated a negative expected return over the last 90 days | |
| About 75.0% of the company shares are held by company insiders |
- Analyzing Asia Precision'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 Asia Precision's stock is overvalued or undervalued compared to its peers.
- Examining Asia Precision'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 Asia Precision's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Asia Precision's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Asia Precision's stock. These opinions can provide insight into Asia Precision's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Asia Precision 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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for Asia Stock analysis
When running Asia Precision's price analysis, check to measure Asia Precision'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 Asia Precision is operating at the current time. Most of Asia Precision's value examination focuses on studying past and present price action to predict the probability of Asia Precision's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asia Precision's price. Additionally, you may evaluate how the addition of Asia Precision to your portfolios can decrease your overall portfolio volatility.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |