Thai Kin (Taiwan) Analysis
| 6629 Stock | TWD 122.00 1.50 1.21% |
Thai Kin holds a debt-to-equity ratio of 0.759. Thai Kin's financial risk is the risk to Thai Kin stockholders that is caused by an increase in debt.
Asset vs Debt
Equity vs Debt
Thai Kin's liquidity is one of the most fundamental aspects of both its future profitability and its ability to meet different types of ongoing financial obligations. Thai Kin's cash, liquid assets, total liabilities, and shareholder equity can be utilized to evaluate how much leverage the Company is using to sustain its current operations. For traders, higher-leverage indicators usually imply a higher risk to shareholders. In addition, it helps Thai Stock's retail investors understand whether an upcoming fall or rise in the market will negatively affect Thai Kin's stakeholders.
For most companies, including Thai Kin, marketable securities, inventories, and receivables are the most common assets that could be converted to cash. However, for Thai Kin Co, the most critical issue when managing liquidity is ensuring that current assets are properly aligned with current liabilities. If they are not, Thai Kin's management will need to obtain alternative financing to ensure there are always enough cash equivalents on the balance sheet to meet obligations.
Thai Stock price history is provided at the adjusted basis, taking into account all of the recent filings. Sharpe Ratio = -0.0017
| High Returns | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 6629 |
Estimated Market Risk
| 2.66 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Thai Kin 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 Thai Kin by adding Thai Kin to a well-diversified portfolio.
Given that Thai Kin's debt-to-equity ratio measures a Company's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which Thai Kin is acquiring new debt as a mechanism of leveraging its assets. A high debt-to-equity ratio is generally associated with increased risk, implying that it has been aggressive in financing its growth with debt. Another way to look at debt-to-equity ratios is to compare the overall debt load of Thai Kin to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, Thai Kin is said to be less leveraged. If creditors hold a majority of Thai Kin's assets, the Company is said to be highly leveraged.
Thai Kin Co is overvalued with Real Value of 108.57 and Hype Value of 122.0. The main objective of Thai Kin stock analysis is to determine its intrinsic value, which is an estimate of what Thai Kin Co is worth, separate from its market price. There are two main types of Thai Kin's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Thai Kin's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Thai Kin's stock to identify patterns and trends that may indicate its future price movements.
The Thai Kin stock is traded in Taiwan on Taiwan OTC Exchange, with the market opening at 09:00:00 and closing at 13:30:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Taiwan. Thai Stock trading window is adjusted to Asia/Taipei timezone.
Thai |
Thai Stock Analysis Notes
About 86.0% of the company shares are owned by insiders or employees . The company has Price-to-Book (P/B) ratio of 1.85. In the past many companies with similar price-to-book ratios have beat the market. Thai Kin recorded earning per share (EPS) of 5.53. The entity last dividend was issued on the 11th of January 2023. Thai Kin Co., Ltd. manufactures and sells die-castings for furniture in Europe, the United States, and Asia. The company was founded in 2008 and is headquartered in Grand Cayman, the Cayman Islands. THAI KIN is traded on Taiwan OTC Exchange in Taiwan. For more info on Thai Kin Co please contact the company at 886 225 1499 60 or go to https://www.thai-kin.com.Thai Kin Investment Alerts
| Thai Kin generated a negative expected return over the last 90 days | |
| About 86.0% of the company shares are owned by insiders or employees |
Thai Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.71 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Thai Kin's market, we take the total number of its shares issued and multiply it by Thai Kin's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Thai Profitablity
Thai Kin's profitability indicators refer to fundamental financial ratios that showcase Thai Kin's ability to generate income relative to its revenue or operating costs. If, let's say, Thai Kin is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Thai Kin's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Thai Kin's profitability requires more research than a typical breakdown of Thai Kin's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.15 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.17 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.17. Technical Drivers
As of the 23rd of January, Thai Kin has the Coefficient Of Variation of (58,183), risk adjusted performance of 0.006, and Variance of 7.07. Thai Kin technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices. Please validate Thai Kin mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Thai Kin is priced more or less accurately, providing market reflects its prevalent price of 122.0 per share.Thai Kin Price Movement Analysis
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Thai Kin middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Thai Kin. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Thai Kin Predictive Daily Indicators
Thai Kin intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Thai Kin stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 198.05 | |||
| Daily Balance Of Power | (0.50) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 122.5 | |||
| Day Typical Price | 122.33 | |||
| Market Facilitation Index | 4.0E-4 | |||
| Price Action Indicator | (1.25) | |||
| Period Momentum Indicator | (1.50) | |||
| Relative Strength Index | 47.34 |
Thai Kin Forecast Models
Thai Kin's time-series forecasting models are one of many Thai Kin's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Thai Kin's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.Thai Kin Debt to Cash Allocation
Many companies such as Thai Kin, eventually find out that there is only so much market out there to be conquered, and adding the next product or service is only half as profitable per unit as their current endeavors. Eventually, the company will reach a point where cash flows are strong, and extra cash is available but not fully utilized. In this case, the company may start buying back its stock from the public or issue more dividends.
Thai Kin Co has accumulated 13.41 M in total debt with debt to equity ratio (D/E) of 0.76, which is about average as compared to similar companies. Thai Kin has a current ratio of 1.75, which is within standard range for the sector. Debt can assist Thai Kin until it has trouble settling it off, either with new capital or with free cash flow. So, Thai Kin's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Thai Kin sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Thai to invest in growth at high rates of return. When we think about Thai Kin's use of debt, we should always consider it together with cash and equity.Thai Kin Assets Financed by Debt
Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Thai Kin's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Thai Kin, which in turn will lower the firm's financial flexibility.About Thai Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Thai Kin prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Thai shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Thai Kin. By using and applying Thai Stock analysis, traders can create a robust methodology for identifying Thai entry and exit points for their positions.
Thai Kin Co., Ltd. manufactures and sells die-castings for furniture in Europe, the United States, and Asia. The company was founded in 2008 and is headquartered in Grand Cayman, the Cayman Islands. THAI KIN is traded on Taiwan OTC Exchange in Taiwan.
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Additional Tools for Thai Stock Analysis
When running Thai Kin's price analysis, check to measure Thai Kin'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 Thai Kin is operating at the current time. Most of Thai Kin's value examination focuses on studying past and present price action to predict the probability of Thai Kin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thai Kin's price. Additionally, you may evaluate how the addition of Thai Kin to your portfolios can decrease your overall portfolio volatility.