Noble Development (Thailand) Performance
| NOBLE Stock | THB 2.84 0.02 0.71% |
The company secures a Beta (Market Risk) of 0.27, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Noble Development's returns are expected to increase less than the market. However, during the bear market, the loss of holding Noble Development is expected to be smaller as well. At this point, Noble Development Public has a negative expected return of -0.16%. Please make sure to verify Noble Development's information ratio, skewness, day typical price, as well as the relationship between the treynor ratio and daily balance of power , to decide if Noble Development Public 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 Noble Development Public has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest conflicting performance, the Stock's fundamental drivers remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the company investors. ...more
| Begin Period Cash Flow | 1.8 B | |
| Total Cashflows From Investing Activities | -196.3 M |
Noble |
Noble Development Relative Risk vs. Return Landscape
If you would invest 313.00 in Noble Development Public on September 13, 2024 and sell it today you would lose (29.00) from holding Noble Development Public or give up 9.27% of portfolio value over 90 days. Noble Development Public is generating negative expected returns and assumes 1.0519% volatility on return distribution over the 90 days horizon. Simply put, 9% of stocks are less volatile than Noble, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Noble Development Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Noble Development's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Noble Development Public, and traders can use it to determine the average amount a Noble Development'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 = -0.1487
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| Negative Returns | NOBLE |
Estimated Market Risk
| 1.05 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Noble Development 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 Noble Development by adding Noble Development to a well-diversified portfolio.
Noble Development Fundamentals Growth
Noble Stock prices reflect investors' perceptions of the future prospects and financial health of Noble Development, and Noble Development 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 Noble Stock performance.
| Return On Equity | 0.0201 | |||
| Return On Asset | 1.0E-4 | |||
| Profit Margin | 0.02 % | |||
| Operating Margin | 0.0006 % | |||
| Current Valuation | 19.72 B | |||
| Shares Outstanding | 1.37 B | |||
| Price To Earning | 4.64 X | |||
| Price To Book | 1.18 X | |||
| Price To Sales | 1.19 X | |||
| Revenue | 6.83 B | |||
| EBITDA | 1.55 B | |||
| Cash And Equivalents | 1.86 B | |||
| Cash Per Share | 4.06 X | |||
| Total Debt | 6.13 B | |||
| Debt To Equity | 230.80 % | |||
| Book Value Per Share | 4.11 X | |||
| Cash Flow From Operations | (1.05 B) | |||
| Earnings Per Share | 0.09 X | |||
| Total Asset | 20.28 B | |||
| Retained Earnings | 2.18 B | |||
| Current Asset | 23.07 B | |||
| Current Liabilities | 13.18 B | |||
About Noble Development Performance
By analyzing Noble Development's fundamental ratios, stakeholders can gain valuable insights into Noble Development's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Noble Development has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Noble Development has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Noble Development Public Company Limited, together with its subsidiaries, develops and sells real estate properties in Thailand. Noble Development Public Company Limited was founded in 1991 and is headquartered in Bangkok, Thailand. NOBLE DEVELOPMENT operates under Real Estate - General classification in Thailand and is traded on Stock Exchange of Thailand.Things to note about Noble Development Public performance evaluation
Checking the ongoing alerts about Noble Development for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Noble Development Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Noble Development generated a negative expected return over the last 90 days | |
| Noble Development has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Noble Development Public has accumulated about 1.86 B in cash with (1.05 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.06, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 14.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Noble Development'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 Noble Development's stock is overvalued or undervalued compared to its peers.
- Examining Noble Development'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 Noble Development's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Noble Development's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Noble Development's stock. These opinions can provide insight into Noble Development's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Noble Stock analysis
When running Noble Development's price analysis, check to measure Noble Development'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 Noble Development is operating at the current time. Most of Noble Development's value examination focuses on studying past and present price action to predict the probability of Noble Development's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Noble Development's price. Additionally, you may evaluate how the addition of Noble Development to your portfolios can decrease your overall portfolio volatility.
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