Thai Group Financials
| TGH Stock | THB 12.10 0.30 2.42% |
Thai |
Understanding current and past Thai Group Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Thai Group's financial statements are interrelated, with each one affecting the others. For example, an increase in Thai Group's assets may result in an increase in income on the income statement.
Thai Group Stock Summary
Thai Group competes with Ratchthani Leasing, TEAM Consulting, Thai President, and Thai Reinsurance. Thai Group Holdings Public Company Limited engages in the underwriting of life and non-life insurance business principally in Thailand. The company was incorporated in 2018 and is based in Bangkok, Thailand. THAI GROUP is traded on Stock Exchange of Thailand in Thailand.| Foreign Associate | USA |
| Instrument | Thailand Stock View All |
| Exchange | Thailand Exchange |
| Business Address | 315 Southeast Building, |
| Sector | Financial Services |
| Industry | Insurance—Diversified |
| Benchmark | Dow Jones Industrial |
| Website | www.tgh.co.th |
| Phone | 66 2 631 1311 |
| Currency | THB - Thailand Baht |
You should never invest in Thai Group without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Thai Stock, because this is throwing your money away. Analyzing the key information contained in Thai Group's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Thai Group Key Financial Ratios
Thai Group's financial ratios allow both analysts and investors to convert raw data from Thai Group's financial statements into concise, actionable information that can be used to evaluate the performance of Thai Group over time and compare it to other companies across industries.| Return On Equity | -0.12 | |||
| Return On Asset | -0.0072 | |||
| Number Of Employees | 10 | |||
| Beta | 0.0045 | |||
| Z Score | 2.4 |
Thai Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Thai Group's current stock value. Our valuation model uses many indicators to compare Thai Group value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Thai Group competition to find correlations between indicators driving Thai Group's intrinsic value. More Info.Thai Group Holdings 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 . 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 Thai Group's earnings, one of the primary drivers of an investment's value.Thai Group Holdings Systematic Risk
Thai Group's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Thai Group 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Thai Group Holdings correlated with the market. If Beta is less than 0 Thai Group generally moves in the opposite direction as compared to the market. If Thai Group Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Thai Group Holdings is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Thai Group is generally in the same direction as the market. If Beta > 1 Thai Group moves generally in the same direction as, but more than the movement of the benchmark.
Thai Group November 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Thai Group help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Thai Group Holdings. We use our internally-developed statistical techniques to arrive at the intrinsic value of Thai Group Holdings based on widely used predictive technical indicators. In general, we focus on analyzing Thai Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Thai Group's daily price indicators and compare them against related drivers.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 10.83 | |||
| Value At Risk | (4.58) | |||
| Potential Upside | 2.4 |
Other Information on Investing in Thai Stock
Thai Group financial ratios help investors to determine whether Thai 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 Thai with respect to the benefits of owning Thai Group security.