Absolute Clean (Thailand) Performance
| ACE Stock | THB 1.30 0.05 4.00% |
The firm shows a Beta (market volatility) of -0.0689, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Absolute Clean are expected to decrease at a much lower rate. During the bear market, Absolute Clean is likely to outperform the market. At this point, Absolute Clean Energy has a negative expected return of -0.0157%. Please make sure to confirm Absolute Clean's value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if Absolute Clean 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 Absolute Clean Energy has generated negative risk-adjusted returns adding no value to investors with long positions. Despite quite persistent technical and fundamental indicators, Absolute Clean is not utilizing all of its potentials. The latest stock price mess, may contribute to short-term losses for the institutional investors. ...more
| Begin Period Cash Flow | 482.9 M | |
| Total Cashflows From Investing Activities | -2 B |
Absolute |
Absolute Clean Relative Risk vs. Return Landscape
If you would invest 132.00 in Absolute Clean Energy on November 2, 2024 and sell it today you would lose (2.00) from holding Absolute Clean Energy or give up 1.52% of portfolio value over 90 days. Absolute Clean Energy is producing return of less than zero assuming 1.3827% volatility of returns over the 90 days investment horizon. Simply put, 12% of all stocks have less volatile historical return distribution than Absolute Clean, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Absolute Clean Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Absolute Clean's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Absolute Clean Energy, and traders can use it to determine the average amount a Absolute Clean'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 = -0.0114
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ACE |
Estimated Market Risk
| 1.38 actual daily | 12 88% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Absolute Clean 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 Absolute Clean by adding Absolute Clean to a well-diversified portfolio.
Absolute Clean Fundamentals Growth
Absolute Stock prices reflect investors' perceptions of the future prospects and financial health of Absolute Clean, and Absolute Clean 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 Absolute Stock performance.
| Return On Equity | 0.11 | |||
| Return On Asset | 0.0505 | |||
| Profit Margin | 0.22 % | |||
| Operating Margin | 0.23 % | |||
| Current Valuation | 30.85 B | |||
| Shares Outstanding | 10.08 B | |||
| Price To Earning | 29.12 X | |||
| Price To Book | 1.90 X | |||
| Price To Sales | 4.06 X | |||
| Revenue | 5.73 B | |||
| EBITDA | 2.4 B | |||
| Cash And Equivalents | 618.95 M | |||
| Cash Per Share | 0.06 X | |||
| Total Debt | 3.84 B | |||
| Debt To Equity | 0.38 % | |||
| Book Value Per Share | 1.40 X | |||
| Cash Flow From Operations | 1.87 B | |||
| Earnings Per Share | 0.15 X | |||
| Total Asset | 18.74 B | |||
About Absolute Clean Performance
By examining Absolute Clean's fundamental ratios, stakeholders can obtain critical insights into Absolute Clean'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 Absolute Clean 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.
Absolute Clean Energy Public Company Limited, together with its subsidiaries, operates biomass, municipal solid waste, natural gas, and solar energy power plants in Thailand. The company was founded in 2015 and is headquartered in Bangkok, Thailand. ABSOLUTE CLEAN is traded on Stock Exchange of Thailand in Thailand.Things to note about Absolute Clean Energy performance evaluation
Checking the ongoing alerts about Absolute Clean for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Absolute Clean Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Absolute Clean generated a negative expected return over the last 90 days | |
| Absolute Clean may become a speculative penny stock | |
| About 77.0% of the company shares are held by company insiders |
- Analyzing Absolute Clean'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 Absolute Clean's stock is overvalued or undervalued compared to its peers.
- Examining Absolute Clean'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 Absolute Clean's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Absolute Clean's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Absolute Clean's stock. These opinions can provide insight into Absolute Clean's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Absolute Stock
Absolute Clean financial ratios help investors to determine whether Absolute 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 Absolute with respect to the benefits of owning Absolute Clean security.