Thaidex Set High Etf Fundamentals
| 1DIV Etf | THB 10.84 0.05 0.46% |
ThaiDEX SET High fundamentals help investors to digest information that contributes to ThaiDEX SET's financial success or failures. It also enables traders to predict the movement of ThaiDEX Etf. The fundamental analysis module provides a way to measure ThaiDEX SET's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ThaiDEX SET etf.
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ThaiDEX SET High ETF One Year Return Analysis
ThaiDEX SET's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current ThaiDEX SET One Year Return | (3.26) % |
Most of ThaiDEX SET's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ThaiDEX SET High is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, ThaiDEX SET High has an One Year Return of -3.26%. This is much lower than that of the One Asset Management Ltd family and significantly lower than that of the One Year Return category. The one year return for all Thailand etfs is notably higher than that of the company.
ThaiDEX One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ThaiDEX SET's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of ThaiDEX SET could also be used in its relative valuation, which is a method of valuing ThaiDEX SET by comparing valuation metrics of similar companies.ThaiDEX SET is second largest ETF in one year return as compared to similar ETFs.
Fund Asset Allocation for ThaiDEX SET
The fund consists of 94.07% investments in stocks, with the rest of investments allocated between various types of exotic instruments.Asset allocation divides ThaiDEX SET's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
ThaiDEX Fundamentals
| Total Asset | 104.1 M | |||
| One Year Return | (3.26) % | |||
| Three Year Return | 7.78 % | |||
| Five Year Return | 2.49 % | |||
| Net Asset | 104.1 M | |||
| Last Dividend Paid | 0.25 | |||
| Equity Positions Weight | 94.07 % |
About ThaiDEX SET Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ThaiDEX SET High's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ThaiDEX SET using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ThaiDEX SET High based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.The fund replicates, net expenses, the SET High Dividend 30 index. THAIDEX SET is traded on Stock Exchange of Thailand in Thailand.
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ThaiDEX SET financial ratios help investors to determine whether ThaiDEX Etf 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 ThaiDEX with respect to the benefits of owning ThaiDEX SET security.