ABSOLUTE CLEAN (Thailand) Performance
| ACE-R Stock | THB 1.30 0.01 0.78% |
The firm shows a Beta (market volatility) of 0.31, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, ABSOLUTE CLEAN's returns are expected to increase less than the market. However, during the bear market, the loss of holding ABSOLUTE CLEAN is expected to be smaller as well. At this point, ABSOLUTE CLEAN ENERGY has a negative expected return of -0.49%. Please make sure to confirm ABSOLUTE CLEAN's day typical price, period momentum indicator, as well as the relationship between the daily balance of power and treynor ratio , to decide if ABSOLUTE CLEAN ENERGY performance from the past will be repeated in the future.
Risk-Adjusted Performance
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Over the last 90 days ABSOLUTE CLEAN ENERGY has generated negative risk-adjusted returns adding no value to investors with long positions. Despite conflicting performance in the last few months, the Stock's fundamental drivers remain somewhat strong which may send shares a bit higher in December 2024. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
| Quick Ratio | 1.25 | |
| Fifty Two Week Low | 2.3800 | |
| Payout Ratio | 12.86% | |
| Fifty Two Week High | 4.5800 | |
| Trailing Annual Dividend Yield | 1.33% |
ABSOLUTE |
ABSOLUTE CLEAN Relative Risk vs. Return Landscape
If you would invest 188.00 in ABSOLUTE CLEAN ENERGY on August 29, 2024 and sell it today you would lose (58.00) from holding ABSOLUTE CLEAN ENERGY or give up 30.85% of portfolio value over 90 days. ABSOLUTE CLEAN ENERGY is generating negative expected returns and assumes 3.822% volatility on return distribution over the 90 days horizon. Simply put, 34% of stocks are less volatile than ABSOLUTE, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
ABSOLUTE CLEAN Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ABSOLUTE CLEAN's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ABSOLUTE CLEAN ENERGY, and traders can use it to determine the average amount a ABSOLUTE CLEAN's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1291
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| Negative Returns | ACE-R |
Estimated Market Risk
| 3.82 actual daily | 34 66% of assets are more volatile |
Expected Return
| -0.49 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ABSOLUTE CLEAN is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ABSOLUTE CLEAN by adding ABSOLUTE CLEAN to a well-diversified portfolio.
ABSOLUTE CLEAN Fundamentals Growth
ABSOLUTE Stock prices reflect investors' perceptions of the future prospects and financial health of ABSOLUTE CLEAN, and ABSOLUTE CLEAN fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on ABSOLUTE Stock performance.
| Return On Equity | 11.64 | |||
| Return On Asset | 5.73 | |||
| Profit Margin | 24.97 % | |||
| Operating Margin | 26.94 % | |||
| Current Valuation | 41.24 B | |||
| Shares Outstanding | 10.18 B | |||
| Price To Earning | 24.46 X | |||
| Price To Book | 3.07 X | |||
| Price To Sales | 6.53 X | |||
| Revenue | 5.57 B | |||
| EBITDA | 2.1 B | |||
| Cash And Equivalents | 618.95 M | |||
| Cash Per Share | 0.06 X | |||
| Total Debt | 4.79 B | |||
| Debt To Equity | 0.38 % | |||
| Book Value Per Share | 1.18 X | |||
| Cash Flow From Operations | 1.57 B | |||
| Earnings Per Share | 0.15 X | |||
About ABSOLUTE CLEAN Performance
By analyzing ABSOLUTE CLEAN's fundamental ratios, stakeholders can gain valuable insights into ABSOLUTE CLEAN's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if ABSOLUTE CLEAN has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if ABSOLUTE CLEAN has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
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.Things to note about ABSOLUTE CLEAN ENERGY performance evaluation
Checking the ongoing alerts about ABSOLUTE CLEAN for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ABSOLUTE CLEAN ENERGY help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| ABSOLUTE CLEAN generated a negative expected return over the last 90 days | |
| ABSOLUTE CLEAN may become a speculative penny stock | |
| ABSOLUTE CLEAN has high historical volatility and very poor performance |
- Analyzing ABSOLUTE CLEAN's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether ABSOLUTE CLEAN's stock is overvalued or undervalued compared to its peers.
- Examining ABSOLUTE CLEAN's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating ABSOLUTE CLEAN's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ABSOLUTE CLEAN's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ABSOLUTE CLEAN's stock. These opinions can provide insight into ABSOLUTE CLEAN's potential for growth and whether the stock is currently undervalued or overvalued.
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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