Thachang Green (Thailand) Performance
| TGE Stock | 2.38 0.08 3.48% |
The entity has a beta of -0.52, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Thachang Green are expected to decrease at a much lower rate. During the bear market, Thachang Green is likely to outperform the market. At this point, Thachang Green Energy has a negative expected return of -0.19%. Please make sure to validate Thachang Green's jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if Thachang Green Energy 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 Thachang Green Energy has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest conflicting performance, the Stock's technical and fundamental 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
| Dividend Yield | 0.1278 |
Thachang |
Thachang Green Relative Risk vs. Return Landscape
If you would invest 270.00 in Thachang Green Energy on September 13, 2024 and sell it today you would lose (32.00) from holding Thachang Green Energy or give up 11.85% of portfolio value over 90 days. Thachang Green Energy is producing return of less than zero assuming 2.0171% volatility of returns over the 90 days investment horizon. Simply put, 17% of all stocks have less volatile historical return distribution than Thachang Green, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Thachang Green Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thachang Green's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Thachang Green Energy, and traders can use it to determine the average amount a Thachang Green'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 = -0.0926
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| Negative Returns | TGE |
Estimated Market Risk
| 2.02 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Thachang Green 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 Thachang Green by adding Thachang Green to a well-diversified portfolio.
Thachang Green Fundamentals Growth
Thachang Stock prices reflect investors' perceptions of the future prospects and financial health of Thachang Green, and Thachang Green 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 Thachang Stock performance.
| Return On Equity | 0.13 | |||
| Return On Asset | 0.0443 | |||
| Profit Margin | 0.22 % | |||
| Operating Margin | 0.24 % | |||
| Current Valuation | 4.37 B | |||
| Shares Outstanding | 2.2 B | |||
| Price To Book | 1.92 X | |||
| Price To Sales | 4.14 X | |||
| Revenue | 914.95 M | |||
| EBITDA | 349.47 M | |||
| Book Value Per Share | 0.93 X | |||
| Earnings Per Share | 60.15 X | |||
About Thachang Green Performance
By examining Thachang Green's fundamental ratios, stakeholders can obtain critical insights into Thachang Green'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 Thachang Green 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.
Things to note about Thachang Green Energy performance evaluation
Checking the ongoing alerts about Thachang Green for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Thachang Green Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Thachang Green generated a negative expected return over the last 90 days | |
| About 73.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Thachang Green'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 Thachang Green's stock is overvalued or undervalued compared to its peers.
- Examining Thachang Green'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 Thachang Green's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Thachang Green's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Thachang Green's stock. These opinions can provide insight into Thachang Green's potential for growth and whether the stock is currently undervalued or overvalued.
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.