Tipco Asphalt (Thailand) Performance
| TASCO Stock | THB 18.70 0.10 0.54% |
Tipco Asphalt has a performance score of 8 on a scale of 0 to 100. The entity has a beta of 0.0515, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Tipco Asphalt's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tipco Asphalt is expected to be smaller as well. Tipco Asphalt Public right now has a risk of 1.43%. Please validate Tipco Asphalt potential upside, as well as the relationship between the kurtosis and day typical price , to decide if Tipco Asphalt will be following its existing price patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Tipco Asphalt Public are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite somewhat conflicting fundamental drivers, Tipco Asphalt may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
| Begin Period Cash Flow | 1.9 B | |
| Total Cashflows From Investing Activities | -468.5 M |
Tipco |
Tipco Asphalt Relative Risk vs. Return Landscape
If you would invest 1,710 in Tipco Asphalt Public on August 27, 2024 and sell it today you would earn a total of 160.00 from holding Tipco Asphalt Public or generate 9.36% return on investment over 90 days. Tipco Asphalt Public is generating 0.152% of daily returns and assumes 1.4293% volatility on return distribution over the 90 days horizon. Simply put, 12% of stocks are less volatile than Tipco, and 97% 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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Tipco Asphalt Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tipco Asphalt's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Tipco Asphalt Public, and traders can use it to determine the average amount a Tipco Asphalt'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 = 0.1064
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Estimated Market Risk
| 1.43 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Tipco Asphalt is performing at about 8% of its full potential. 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 Tipco Asphalt by adding it to a well-diversified portfolio.
Tipco Asphalt Fundamentals Growth
Tipco Stock prices reflect investors' perceptions of the future prospects and financial health of Tipco Asphalt, and Tipco Asphalt 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 Tipco Stock performance.
| Return On Equity | 0.12 | |||
| Return On Asset | 0.0451 | |||
| Profit Margin | 0.06 % | |||
| Operating Margin | 0.07 % | |||
| Current Valuation | 30.76 B | |||
| Shares Outstanding | 1.58 B | |||
| Price To Earning | 31.30 X | |||
| Price To Book | 1.70 X | |||
| Price To Sales | 0.93 X | |||
| Revenue | 27.05 B | |||
| EBITDA | 4.36 B | |||
| Cash And Equivalents | 1.71 B | |||
| Cash Per Share | 1.08 X | |||
| Total Debt | 7.72 M | |||
| Debt To Equity | 53.80 % | |||
| Book Value Per Share | 10.34 X | |||
| Cash Flow From Operations | 744.31 M | |||
| Earnings Per Share | 1.18 X | |||
| Total Asset | 24.8 B | |||
| Retained Earnings | 9.2 B | |||
| Current Asset | 8.61 B | |||
| Current Liabilities | 4.78 B | |||
About Tipco Asphalt Performance
By analyzing Tipco Asphalt's fundamental ratios, stakeholders can gain valuable insights into Tipco Asphalt's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Tipco Asphalt 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 Tipco Asphalt has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Tipco Asphalt Public Company Limited, together with its subsidiaries, manufactures and distributes asphalt and petroleum products in Thailand and internationally. Tipco Asphalt Public Company Limited was founded in 1979 and is headquartered in Bangkok, Thailand. TIPCO ASPHALT operates under Building Materials classification in Thailand and is traded on Stock Exchange of Thailand.Things to note about Tipco Asphalt Public performance evaluation
Checking the ongoing alerts about Tipco Asphalt for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Tipco Asphalt Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| About 29.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Tipco Asphalt'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 Tipco Asphalt's stock is overvalued or undervalued compared to its peers.
- Examining Tipco Asphalt'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 Tipco Asphalt's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Tipco Asphalt's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Tipco Asphalt's stock. These opinions can provide insight into Tipco Asphalt's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Tipco Stock analysis
When running Tipco Asphalt's price analysis, check to measure Tipco Asphalt'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 Tipco Asphalt is operating at the current time. Most of Tipco Asphalt's value examination focuses on studying past and present price action to predict the probability of Tipco Asphalt's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tipco Asphalt's price. Additionally, you may evaluate how the addition of Tipco Asphalt to your portfolios can decrease your overall portfolio volatility.
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