Itthirit Nice (Thailand) Performance
| ITTHI Stock | 1.69 0.01 0.59% |
The company retains a Market Volatility (i.e., Beta) of 0.23, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Itthirit Nice's returns are expected to increase less than the market. However, during the bear market, the loss of holding Itthirit Nice is expected to be smaller as well. At this point, Itthirit Nice Corp has a negative expected return of -0.42%. Please make sure to check out Itthirit Nice's total risk alpha, kurtosis, as well as the relationship between the Kurtosis and day median price , to decide if Itthirit Nice Corp 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 Itthirit Nice Corp has generated negative risk-adjusted returns adding no value to investors with long positions. Despite conflicting performance in the last few months, the Stock's fundamental drivers remain somewhat strong which may send shares a bit higher in January 2025. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
Itthirit |
Itthirit Nice Relative Risk vs. Return Landscape
If you would invest 220.00 in Itthirit Nice Corp on September 19, 2024 and sell it today you would lose (51.00) from holding Itthirit Nice Corp or give up 23.18% of portfolio value over 90 days. Itthirit Nice Corp is generating negative expected returns and assumes 2.1476% volatility on return distribution over the 90 days horizon. Simply put, 19% of stocks are less volatile than Itthirit, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Itthirit Nice Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Itthirit Nice's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Itthirit Nice Corp, and traders can use it to determine the average amount a Itthirit Nice'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 = -0.1937
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| Negative Returns | ITTHI |
Estimated Market Risk
| 2.15 actual daily | 19 81% of assets are more volatile |
Expected Return
| -0.42 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Itthirit Nice 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 Itthirit Nice by adding Itthirit Nice to a well-diversified portfolio.
Things to note about Itthirit Nice Corp performance evaluation
Checking the ongoing alerts about Itthirit Nice for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Itthirit Nice Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Itthirit Nice Corp generated a negative expected return over the last 90 days | |
| Itthirit Nice Corp may become a speculative penny stock |
- Analyzing Itthirit Nice'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 Itthirit Nice's stock is overvalued or undervalued compared to its peers.
- Examining Itthirit Nice'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 Itthirit Nice's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Itthirit Nice's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Itthirit Nice's stock. These opinions can provide insight into Itthirit Nice's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Itthirit Stock analysis
When running Itthirit Nice's price analysis, check to measure Itthirit Nice's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Itthirit Nice is operating at the current time. Most of Itthirit Nice's value examination focuses on studying past and present price action to predict the probability of Itthirit Nice's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Itthirit Nice's price. Additionally, you may evaluate how the addition of Itthirit Nice to your portfolios can decrease your overall portfolio volatility.
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