Asia Plus Financials
| ASP Stock | THB 2.46 0.04 1.65% |
Asia |
Understanding current and past Asia Plus Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Asia Plus' financial statements are interrelated, with each one affecting the others. For example, an increase in Asia Plus' assets may result in an increase in income on the income statement.
Asia Plus Stock Summary
Asia Plus competes with KGI Securities, Bangkok Bank, Land, Italian Thai, and AP Public. Asia Plus Group Holdings Public Company Limited, together with its subsidiaries, engages in the securities business in Thailand. Asia Plus Group Holdings Public Company Limited was founded in 1974 and is headquartered in Bangkok, Thailand. ASIA PLUS operates under Capital Markets classification in Thailand and is traded on Stock Exchange of Thailand.| Foreign Associates | |
| Instrument | Thailand Stock View All |
| Exchange | Thailand Exchange |
| ISIN | TH0137A10Y00 |
| Business Address | Sathorn City Tower, |
| Sector | Capital Markets |
| Industry | Financials |
| Benchmark | Dow Jones Industrial |
| Website | www.asiaplusgroup.co.th |
| Phone | 66 2 680 1111 |
| Currency | THB - Thailand Baht |
You should never invest in Asia Plus without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Asia Stock, because this is throwing your money away. Analyzing the key information contained in Asia Plus' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Asia Plus Key Financial Ratios
Asia Plus' financial ratios allow both analysts and investors to convert raw data from Asia Plus' financial statements into concise, actionable information that can be used to evaluate the performance of Asia Plus over time and compare it to other companies across industries.Asia Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Asia Plus's current stock value. Our valuation model uses many indicators to compare Asia Plus value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Asia Plus competition to find correlations between indicators driving Asia Plus's intrinsic value. More Info.Asia Plus Group 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 0.31 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Asia Plus Group is roughly 3.20 . 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 Asia Plus' earnings, one of the primary drivers of an investment's value.Asia Plus Group Systematic Risk
Asia Plus' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Asia Plus 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Asia Plus Group correlated with the market. If Beta is less than 0 Asia Plus generally moves in the opposite direction as compared to the market. If Asia Plus Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Asia Plus Group is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Asia Plus is generally in the same direction as the market. If Beta > 1 Asia Plus moves generally in the same direction as, but more than the movement of the benchmark.
Asia Plus November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Asia Plus help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Asia Plus Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Asia Plus Group based on widely used predictive technical indicators. In general, we focus on analyzing Asia Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Asia Plus's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.31 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 11.57 | |||
| Value At Risk | (1.68) | |||
| Potential Upside | 1.65 |
Other Information on Investing in Asia Stock
Asia Plus financial ratios help investors to determine whether Asia 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 Asia with respect to the benefits of owning Asia Plus security.