Thachang Green Financials
| TGE Stock | 2.38 0.08 3.48% |
Thachang |
| Foreign Associate | USA |
| Instrument | Thailand Stock View All |
| Exchange | Thailand Exchange |
| Business Address | 159, Moo 3, |
| Sector | Utilities |
| Industry | Utilities-Renewable |
| Benchmark | Dow Jones Industrial |
| Website | www.tge.co.th |
| Phone | 66 7 727 7790 |
You should never invest in Thachang Green without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Thachang Stock, because this is throwing your money away. Analyzing the key information contained in Thachang Green's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Thachang Green Key Financial Ratios
Thachang Green's financial ratios allow both analysts and investors to convert raw data from Thachang Green's financial statements into concise, actionable information that can be used to evaluate the performance of Thachang Green over time and compare it to other companies across industries.Thachang Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Thachang Green's current stock value. Our valuation model uses many indicators to compare Thachang Green value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Thachang Green competition to find correlations between indicators driving Thachang Green's intrinsic value. More Info.Thachang Green Energy 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 0.33 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Thachang Green Energy is roughly 3.00 . 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 Thachang Green's earnings, one of the primary drivers of an investment's value.Thachang Green Energy Systematic Risk
Thachang Green's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Thachang Green 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 fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Thachang Green Energy correlated with the market. If Beta is less than 0 Thachang Green generally moves in the opposite direction as compared to the market. If Thachang Green Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Thachang Green Energy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Thachang Green is generally in the same direction as the market. If Beta > 1 Thachang Green moves generally in the same direction as, but more than the movement of the benchmark.
Thachang Green December 12, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Thachang Green help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Thachang Green Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Thachang Green Energy based on widely used predictive technical indicators. In general, we focus on analyzing Thachang Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Thachang Green's daily price indicators and compare them against related drivers.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 13.94 | |||
| Value At Risk | (2.82) | |||
| Potential Upside | 2.61 |
Other Information on Investing in Thachang Stock
Thachang Green financial ratios help investors to determine whether Thachang 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 Thachang with respect to the benefits of owning Thachang Green security.