Eastern Technical (Thailand) Performance

ETE Stock  THB 0.55  0.07  11.29%   
The firm shows a Beta (market volatility) of 0.25, which means not very significant fluctuations relative to the market. As returns on the market increase, Eastern Technical's returns are expected to increase less than the market. However, during the bear market, the loss of holding Eastern Technical is expected to be smaller as well. At this point, Eastern Technical has a negative expected return of -0.23%. Please make sure to confirm Eastern Technical's potential upside, kurtosis, and the relationship between the value at risk and skewness , to decide if Eastern Technical performance from the past will be repeated at some point in the near future.

Risk-Adjusted Performance

Weakest

 
Weak
 
Strong
Over the last 90 days Eastern Technical Engineering has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Stock's technical and fundamental indicators remain quite persistent which may send shares a bit higher in March 2026. The latest mess may also be a sign of long-standing up-swing for the company institutional investors. ...more
Begin Period Cash Flow34.7 M
Total Cashflows From Investing Activities-155.7 M
  

Eastern Technical Relative Risk vs. Return Landscape

If you would invest  65.00  in Eastern Technical Engineering on November 28, 2025 and sell it today you would lose (10.00) from holding Eastern Technical Engineering or give up 15.38% of portfolio value over 90 days. Eastern Technical Engineering is producing return of less than zero assuming 3.2209% volatility of returns over the 90 days investment horizon. Simply put, 28% of all stocks have less volatile historical return distribution than Eastern Technical, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days trading horizon Eastern Technical is expected to under-perform the market. In addition to that, the company is 4.23 times more volatile than its market benchmark. It trades about -0.07 of its total potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.08 per unit of volatility.

Eastern Technical Target Price Odds to finish over Current Price

The tendency of Eastern Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move above the current price in 90 days
 0.55 90 days 0.55 
about 79.67
Based on a normal probability distribution, the odds of Eastern Technical to move above the current price in 90 days from now is about 79.67 (This Eastern Technical Engineering probability density function shows the probability of Eastern Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Eastern Technical has a beta of 0.25 suggesting as returns on the market go up, Eastern Technical average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Eastern Technical Engineering will be expected to be much smaller as well. Additionally Eastern Technical Engineering has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial.
   Eastern Technical Price Density   
       Price  

Predictive Modules for Eastern Technical

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Eastern Technical. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
0.030.553.77
Details
Intrinsic
Valuation
LowRealHigh
0.020.483.70
Details
Naive
Forecast
LowNextHigh
0.010.523.75
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
-0.360.600.65
Details

Eastern Technical Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Eastern Technical is not an exception. The market had few large corrections towards the Eastern Technical's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Eastern Technical Engineering, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Eastern Technical within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.21
β
Beta against Dow Jones0.25
σ
Overall volatility
0.05
Ir
Information ratio -0.08

Eastern Technical Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Eastern Technical for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Eastern Technical can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Eastern Technical generated a negative expected return over the last 90 days
Eastern Technical has some characteristics of a very speculative penny stock
Eastern Technical has high historical volatility and very poor performance
Eastern Technical has high likelihood to experience some financial distress in the next 2 years
Eastern Technical has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
About 65.0% of the company shares are held by company insiders

Eastern Technical Fundamentals Growth

Eastern Stock prices reflect investors' perceptions of the future prospects and financial health of Eastern Technical, and Eastern Technical 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 Eastern Stock performance.

About Eastern Technical Performance

By examining Eastern Technical's fundamental ratios, stakeholders can obtain critical insights into Eastern Technical'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 Eastern Technical 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.
Eastern Technical Engineering Public Company Limited provides installation services for telecommunication and electricity transmission networks in Thailand. Eastern Technical Engineering Public Company Limited was incorporated in 1997 and is based in Bangkok, Thailand. EASTERN TECHNICAL operates under Conglomerates classification in Thailand and is traded on Stock Exchange of Thailand.

Things to note about Eastern Technical performance evaluation

Checking the ongoing alerts about Eastern Technical for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Eastern Technical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Eastern Technical generated a negative expected return over the last 90 days
Eastern Technical has some characteristics of a very speculative penny stock
Eastern Technical has high historical volatility and very poor performance
Eastern Technical has high likelihood to experience some financial distress in the next 2 years
Eastern Technical has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
About 65.0% of the company shares are held by company insiders
Evaluating Eastern Technical's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Eastern Technical's stock performance include:
  • Analyzing Eastern Technical'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 Eastern Technical's stock is overvalued or undervalued compared to its peers.
  • Examining Eastern Technical'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 Eastern Technical's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Eastern Technical's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Eastern Technical's stock. These opinions can provide insight into Eastern Technical's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Eastern Technical's stock performance is not an exact science, and many factors can impact Eastern Technical's stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Other Information on Investing in Eastern Stock

Eastern Technical financial ratios help investors to determine whether Eastern 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 Eastern with respect to the benefits of owning Eastern Technical security.