Asian currencies tepid as Feds rate-hike talk boosts dollar - Business Recorder
| KTB Stock | THB 20.30 0.20 0.98% |
About 62% of Krung Thai's investor base is looking to short. The analysis of current outlook of investing in Krung Thai Bank suggests that many traders are alarmed regarding Krung Thai's prospects. Krung Thai's investing sentiment shows overall attitude of investors towards Krung Thai Bank.
Krung |
Asian currencies tepid as Feds rate-hike talk boosts dollar Business Recorder
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Krung Thai Fundamental Analysis
We analyze Krung Thai's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Krung Thai using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Krung Thai based on its fundamental data. In general, a quantitative approach, as applied to this company, 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.
Price To Earning
Price To Earning Comparative Analysis
Krung Thai is currently under evaluation in price to earning category among its peers. Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Krung Thai Bank Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Krung Thai stock to make a market-neutral strategy. Peer analysis of Krung Thai could also be used in its relative valuation, which is a method of valuing Krung Thai by comparing valuation metrics with similar companies.
Peers
Krung Thai Related Equities
| SCC | Siam Cement | 0.52 | ||||
| SCB | SCB X | 0.44 | ||||
| KBANK | Kasikornbank Public | 0.33 | ||||
| PTT | PTT Public | 0.75 | ||||
| BBL | Bangkok Bank | 1.01 |
Other Information on Investing in Krung Stock
Krung Thai financial ratios help investors to determine whether Krung 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 Krung with respect to the benefits of owning Krung Thai security.