ABSOLUTE CLEAN Financials
| ACE-R Stock | THB 1.29 0.01 0.77% |
ABSOLUTE |
Understanding current and past ABSOLUTE CLEAN Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of ABSOLUTE CLEAN's financial statements are interrelated, with each one affecting the others. For example, an increase in ABSOLUTE CLEAN's assets may result in an increase in income on the income statement.
Please note, the presentation of ABSOLUTE CLEAN's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, ABSOLUTE CLEAN's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of ABSOLUTE CLEAN's management manipulating its earnings.
ABSOLUTE CLEAN Stock Summary
ABSOLUTE CLEAN competes with BCPG Public, CK Power, TPI Polene, and Earth Tech. Absolute Clean Energy Public Company Limited, together with its subsidiaries, operates biomass, municipal solid waste, natural gas, and solar energy power plants in Thailand. The company was founded in 2015 and is headquartered in Bangkok, Thailand. ABSOLUTE CLEAN is traded on Stock Exchange of Thailand in Thailand.| Instrument | Thailand Stock View All |
| Exchange | Thailand Exchange |
| Business Address | 1406 ITF Tower |
| Sector | Utilities |
| Industry | Utilities—Renewable |
| Benchmark | Dow Jones Industrial |
| Website | www.ace-energy.co.th |
| Phone | 66 2 233 2559 |
| Currency | THB - Thailand Baht |
You should never invest in ABSOLUTE CLEAN without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of ABSOLUTE Stock, because this is throwing your money away. Analyzing the key information contained in ABSOLUTE CLEAN's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
ABSOLUTE CLEAN Key Financial Ratios
ABSOLUTE CLEAN's financial ratios allow both analysts and investors to convert raw data from ABSOLUTE CLEAN's financial statements into concise, actionable information that can be used to evaluate the performance of ABSOLUTE CLEAN over time and compare it to other companies across industries.ABSOLUTE Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ABSOLUTE CLEAN's current stock value. Our valuation model uses many indicators to compare ABSOLUTE CLEAN value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ABSOLUTE CLEAN competition to find correlations between indicators driving ABSOLUTE CLEAN's intrinsic value. More Info.ABSOLUTE CLEAN ENERGY is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.49 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for ABSOLUTE CLEAN ENERGY is roughly 2.03 . Comparative valuation analysis is a catch-all model that can be used if you cannot value ABSOLUTE CLEAN by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for ABSOLUTE CLEAN's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.ABSOLUTE CLEAN ENERGY Systematic Risk
ABSOLUTE CLEAN's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ABSOLUTE CLEAN 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 three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on ABSOLUTE CLEAN ENERGY correlated with the market. If Beta is less than 0 ABSOLUTE CLEAN generally moves in the opposite direction as compared to the market. If ABSOLUTE CLEAN Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ABSOLUTE CLEAN ENERGY is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ABSOLUTE CLEAN is generally in the same direction as the market. If Beta > 1 ABSOLUTE CLEAN moves generally in the same direction as, but more than the movement of the benchmark.
ABSOLUTE CLEAN Thematic Clasifications
ABSOLUTE CLEAN ENERGY is part of Cleaning investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Cleaning products, supplies, and accessories. Compnanies producing and distributing cleaning products, supplies, and accessories
This theme covers Cleaning products, supplies, and accessories. Compnanies producing and distributing cleaning products, supplies, and accessories. Get More Thematic Ideas
| Cleaning | View |
ABSOLUTE CLEAN November 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of ABSOLUTE CLEAN help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ABSOLUTE CLEAN ENERGY. We use our internally-developed statistical techniques to arrive at the intrinsic value of ABSOLUTE CLEAN ENERGY based on widely used predictive technical indicators. In general, we focus on analyzing ABSOLUTE Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ABSOLUTE CLEAN's daily price indicators and compare them against related drivers.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 30.32 |
Complementary Tools for ABSOLUTE Stock analysis
When running ABSOLUTE CLEAN's price analysis, check to measure ABSOLUTE CLEAN'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 ABSOLUTE CLEAN is operating at the current time. Most of ABSOLUTE CLEAN's value examination focuses on studying past and present price action to predict the probability of ABSOLUTE CLEAN's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ABSOLUTE CLEAN's price. Additionally, you may evaluate how the addition of ABSOLUTE CLEAN to your portfolios can decrease your overall portfolio volatility.
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