Grapevine October 18, 2023 Rays of light in the darkness - The Jerusalem Post
| TRU Stock | THB 3.18 0.02 0.63% |
About 55% of Thai Rung's institutional investors are presently thinking to get in. The analysis of current outlook of investing in Thai Rung Union suggests that some traders are interested regarding Thai Rung's prospects. Thai Rung's investing sentiment shows overall attitude of investors towards Thai Rung Union.
Thai |
Grapevine October 18, 2023 Rays of light in the darkness The Jerusalem Post
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Thai Rung Fundamental Analysis
We analyze Thai Rung's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Thai Rung using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Thai Rung 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 Book
Price To Book Comparative Analysis
Thai Rung is currently under evaluation in price to book category among its peers. Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Thai Rung Union 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 Thai Rung stock to make a market-neutral strategy. Peer analysis of Thai Rung could also be used in its relative valuation, which is a method of valuing Thai Rung by comparing valuation metrics with similar companies.
Peers
Thai Rung Related Equities
| CPN | Central Pattana | 0.84 | ||||
| CPALL | CP ALL | 0.81 | ||||
| AOT | Airports | 0.82 | ||||
| BDMS | Bangkok Dusit | 1.94 |
Other Information on Investing in Thai Stock
Thai Rung financial ratios help investors to determine whether Thai 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 Thai with respect to the benefits of owning Thai Rung security.