Thai Oil Return On Equity vs. Cash Per Share
| TOIPFDelisted Stock | USD 1.44 0.00 0.00% |
For Thai Oil profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Thai Oil to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Thai Oil Public utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Thai Oil's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Thai Oil Public over time as well as its relative position and ranking within its peers.
Thai |
Thai Oil Public Cash Per Share vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Thai Oil's current stock value. Our valuation model uses many indicators to compare Thai Oil value to that of its competitors to determine the firm's financial worth. Thai Oil Public is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in cash per share category among its peers fabricating about 58.39 of Cash Per Share per Return On Equity. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Thai Oil's earnings, one of the primary drivers of an investment's value.Thai Cash Per Share vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Thai Oil |
| = | 0.28 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Thai Oil |
| = | 16.14 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Thai Cash Per Share Comparison
Thai Oil is currently under evaluation in cash per share category among its peers.
Thai Oil Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Thai Oil, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Thai Oil will eventually generate negative long term returns. The profitability progress is the general direction of Thai Oil's change in net profit over the period of time. It can combine multiple indicators of Thai Oil, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Thai Oil Public Company Limited, together with its subsidiaries, engages in the oil refining and distribution, petrochemicals, lube base oil, and other businesses in Thailand and internationally. Thai Oil Public Company Limited was founded in 1961 and is headquartered in Bangkok, Thailand. Thai Oil operates under Oil Gas Refining Marketing classification in the United States and is traded on OTC Exchange.
Thai Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Thai Oil. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Thai Oil position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Thai Oil's important profitability drivers and their relationship over time.
Use Thai Oil in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Thai Oil position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Thai Oil will appreciate offsetting losses from the drop in the long position's value.Thai Oil Pair Trading
Thai Oil Public Pair Trading Analysis
The ability to find closely correlated positions to Thai Oil could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Thai Oil when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Thai Oil - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Thai Oil Public to buy it.
The correlation of Thai Oil is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Thai Oil moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Thai Oil Public moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Thai Oil can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Thai Oil position
In addition to having Thai Oil in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Hedge Favorites Thematic Idea Now
Hedge Favorites
Hedge Funds pool capital from accredited individuals or institutional investors and invest in a variety of assets, often with complex portfolio-construction and risk-management techniques. The Hedge Favorites theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Hedge Favorites Theme or any other thematic opportunities.
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Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Other Consideration for investing in Thai Pink Sheet
If you are still planning to invest in Thai Oil Public check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Thai Oil's history and understand the potential risks before investing.
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