Techno Medical (Thailand) Performance
| TM Stock | THB 1.20 0.04 3.45% |
Techno Medical holds a performance score of 8 on a scale of zero to a hundred. The entity has a beta of -0.48, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Techno Medical are expected to decrease at a much lower rate. During the bear market, Techno Medical is likely to outperform the market. Use Techno Medical Public kurtosis, market facilitation index, and the relationship between the value at risk and rate of daily change , to analyze future returns on Techno Medical Public.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Techno Medical Public are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite quite conflicting fundamental drivers, Techno Medical disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 171.2 M | |
| Total Cashflows From Investing Activities | -92.2 M |
Techno |
Techno Medical Relative Risk vs. Return Landscape
If you would invest 117.00 in Techno Medical Public on September 2, 2024 and sell it today you would earn a total of 3.00 from holding Techno Medical Public or generate 2.56% return on investment over 90 days. Techno Medical Public is currently producing 14.1469% returns and takes up 125.8257% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Techno, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Techno Medical Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Techno Medical's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Techno Medical Public, and traders can use it to determine the average amount a Techno Medical'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 = 0.1124
| Best Portfolio | Best Equity | TM | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 125.83 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Techno Medical is performing at about 8% of its full potential. 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 Techno Medical by adding it to a well-diversified portfolio.
Techno Medical Fundamentals Growth
Techno Stock prices reflect investors' perceptions of the future prospects and financial health of Techno Medical, and Techno Medical 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 Techno Stock performance.
| Return On Equity | 0.0284 | |||
| Return On Asset | 0.0196 | |||
| Profit Margin | 0.02 % | |||
| Operating Margin | 0.04 % | |||
| Current Valuation | 998.97 M | |||
| Shares Outstanding | 308 M | |||
| Price To Earning | 48.46 X | |||
| Price To Book | 1.93 X | |||
| Price To Sales | 1.31 X | |||
| Revenue | 674.15 M | |||
| EBITDA | 68.19 M | |||
| Cash And Equivalents | 201.29 M | |||
| Cash Per Share | 0.65 X | |||
| Total Debt | 42.58 M | |||
| Debt To Equity | 0.43 % | |||
| Book Value Per Share | 1.39 X | |||
| Cash Flow From Operations | 42.81 M | |||
| Earnings Per Share | 0.05 X | |||
| Total Asset | 841.23 M | |||
About Techno Medical Performance
By examining Techno Medical's fundamental ratios, stakeholders can obtain critical insights into Techno Medical'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 Techno Medical 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.
Techno Medical Public Company Limited trades in medical supplies, tools, and equipment in Thailand. Techno Medical Public Company Limited is based in Bangkok, Thailand. TECHNO MEDICAL operates under Medical Distribution classification in Thailand and is traded on Stock Exchange of Thailand.Things to note about Techno Medical Public performance evaluation
Checking the ongoing alerts about Techno Medical for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Techno Medical Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Techno Medical is way too risky over 90 days horizon | |
| Techno Medical may become a speculative penny stock | |
| Techno Medical appears to be risky and price may revert if volatility continues | |
| About 75.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Techno Medical'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 Techno Medical's stock is overvalued or undervalued compared to its peers.
- Examining Techno Medical'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 Techno Medical's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Techno Medical's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Techno Medical's stock. These opinions can provide insight into Techno Medical's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Techno Stock
Techno Medical financial ratios help investors to determine whether Techno 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 Techno with respect to the benefits of owning Techno Medical security.