Rayong Wire (Thailand) Performance
| RWI Stock | THB 0.51 0.01 1.92% |
The company holds a Beta of -0.71, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Rayong Wire are expected to decrease at a much lower rate. During the bear market, Rayong Wire is likely to outperform the market. At this point, Rayong Wire Industries has a negative expected return of -0.16%. Please make sure to check Rayong Wire's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Rayong Wire Industries performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Rayong Wire Industries has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest weak performance, the Stock's forward indicators remain persistent and the latest mess on Wall Street may also be a sign of long-standing gains for the company institutional investors. ...more
| Begin Period Cash Flow | 126.4 M | |
| Total Cashflows From Investing Activities | -63.5 M |
Rayong |
Rayong Wire Relative Risk vs. Return Landscape
If you would invest 59.00 in Rayong Wire Industries on September 12, 2024 and sell it today you would lose (7.00) from holding Rayong Wire Industries or give up 11.86% of portfolio value over 90 days. Rayong Wire Industries is producing return of less than zero assuming 3.0589% volatility of returns over the 90 days investment horizon. Simply put, 27% of all stocks have less volatile historical return distribution than Rayong Wire, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Rayong Wire Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rayong Wire's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Rayong Wire Industries, and traders can use it to determine the average amount a Rayong Wire'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 = -0.0526
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| Negative Returns | RWI |
Estimated Market Risk
| 3.06 actual daily | 27 73% of assets are more volatile |
Expected Return
| -0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Rayong Wire 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 Rayong Wire by adding Rayong Wire to a well-diversified portfolio.
Rayong Wire Fundamentals Growth
Rayong Stock prices reflect investors' perceptions of the future prospects and financial health of Rayong Wire, and Rayong Wire 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 Rayong Stock performance.
| Return On Equity | -0.0769 | |||
| Return On Asset | -0.0029 | |||
| Profit Margin | (0.09) % | |||
| Operating Margin | (0.01) % | |||
| Current Valuation | 497.28 M | |||
| Shares Outstanding | 915.28 M | |||
| Price To Earning | 6.24 X | |||
| Price To Book | 0.67 X | |||
| Price To Sales | 0.83 X | |||
| Revenue | 879.46 M | |||
| EBITDA | 213.31 M | |||
| Cash And Equivalents | 411.23 M | |||
| Cash Per Share | 0.67 X | |||
| Total Debt | 237.6 M | |||
| Debt To Equity | 0.26 % | |||
| Book Value Per Share | 1.35 X | |||
| Cash Flow From Operations | (66.9 M) | |||
| Earnings Per Share | 0.08 X | |||
| Total Asset | 1.76 B | |||
| Retained Earnings | 462 M | |||
| Current Asset | 639 M | |||
| Current Liabilities | 49 M | |||
About Rayong Wire Performance
By examining Rayong Wire's fundamental ratios, stakeholders can obtain critical insights into Rayong Wire's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Rayong Wire is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Rayong Wire Industries Public Company Limited manufactures and distributes steel wire products primarily in Thailand. Rayong Wire Industries Public Company Limited is a subsidiary of Capital Engineering Network Public Company Limited. RAYONG WIRE operates under Steel classification in Thailand and is traded on Stock Exchange of Thailand.Things to note about Rayong Wire Industries performance evaluation
Checking the ongoing alerts about Rayong Wire for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Rayong Wire Industries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Rayong Wire generated a negative expected return over the last 90 days | |
| Rayong Wire has some characteristics of a very speculative penny stock | |
| Rayong Wire has high historical volatility and very poor performance | |
| Rayong Wire Industries has accumulated about 411.23 M in cash with (66.9 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.67, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 57.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Rayong Wire'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 Rayong Wire's stock is overvalued or undervalued compared to its peers.
- Examining Rayong Wire'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 Rayong Wire's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Rayong Wire's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Rayong Wire's stock. These opinions can provide insight into Rayong Wire's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Rayong Stock
Rayong Wire financial ratios help investors to determine whether Rayong 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 Rayong with respect to the benefits of owning Rayong Wire security.