Thoresen Thai Financials
| TTA Stock | THB 5.70 0.05 0.87% |
Thoresen |
Thoresen Thai Stock Summary
Thoresen Thai competes with Precious Shipping, Regional Container, PTT Public, Siam Cement, and Thai Oil. Thoresen Thai Agencies Public Company Limited, an investment holding company, provides shipping-related services in Thailand and internationally. The company was founded in 1904 and is headquartered in Bangkok, Thailand. THORESEN THAI operates under Conglomerates classification in Thailand and is traded on Stock Exchange of Thailand.| Foreign Associate | UK |
| Instrument | Thailand Stock View All |
| Exchange | Thailand Exchange |
| ISIN | TH0535010Z05 |
| Business Address | 2626-27 Orakarn Building, |
| Sector | Industrial Conglomerates |
| Industry | Industrials |
| Benchmark | Dow Jones Industrial |
| Website | www.thoresen.com |
| Phone | 66 2 254 8437 |
| Currency | THB - Thailand Baht |
You should never invest in Thoresen Thai without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Thoresen Stock, because this is throwing your money away. Analyzing the key information contained in Thoresen Thai's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Thoresen Thai Key Financial Ratios
Thoresen Thai's financial ratios allow both analysts and investors to convert raw data from Thoresen Thai's financial statements into concise, actionable information that can be used to evaluate the performance of Thoresen Thai over time and compare it to other companies across industries.Thoresen Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Thoresen Thai's current stock value. Our valuation model uses many indicators to compare Thoresen Thai value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Thoresen Thai competition to find correlations between indicators driving Thoresen Thai's intrinsic value. More Info.Thoresen Thai Agencies is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.37 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Thoresen Thai Agencies is roughly 2.71 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Thoresen Thai's earnings, one of the primary drivers of an investment's value.Thoresen Thai Agencies Systematic Risk
Thoresen Thai's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Thoresen Thai volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Thoresen Thai Agencies correlated with the market. If Beta is less than 0 Thoresen Thai generally moves in the opposite direction as compared to the market. If Thoresen Thai Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Thoresen Thai Agencies is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Thoresen Thai is generally in the same direction as the market. If Beta > 1 Thoresen Thai moves generally in the same direction as, but more than the movement of the benchmark.
Thoresen Thai December 15, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Thoresen Thai help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Thoresen Thai Agencies. We use our internally-developed statistical techniques to arrive at the intrinsic value of Thoresen Thai Agencies based on widely used predictive technical indicators. In general, we focus on analyzing Thoresen Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Thoresen Thai's daily price indicators and compare them against related drivers.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 12.54 | |||
| Value At Risk | (4.20) | |||
| Potential Upside | 4.42 |
Other Information on Investing in Thoresen Stock
Thoresen Thai financial ratios help investors to determine whether Thoresen Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Thoresen with respect to the benefits of owning Thoresen Thai security.